SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, will exhibit and demonstrate its DataTrac Originator (DTO) mortgage lending point-of-sale solution at the 2011 ICBA National Convention in Orlando, FL this […]
Tag Archives | Finance
Recognized Mortgage Audit Expert Exposes Mortgage Escrow Account Fraud
SACRAMENTO, Calif. (SEND2PRESS NEWSWIRE) — The Federal Trade Commission (FTC) and Congress are taking notice, and now, so is Mortgage Audit Service. They all recognize that some mortgage servicers may be guilty of illegal activities servicing the escrow account and are working to uncover the truth and to make positive changes.
IDS Enhances Mortgage Document E-Signature Options for Its Flagship idsDoc Platform
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services, Inc. (IDS), a mortgage document preparation vendor, has enhanced the e-signature options for the idsDoc platform. Changes were made based on the feedback and demand of customers and reflect the growing demand for more sophisticated e-signature capabilities that also keeps the process simple for borrowers […]
DMD Marks 20th Anniversary As Mortgage Lending Automation Solutions Provider Surpassing $2 Trillion Funded through DataTrac
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, is observing its 20th anniversary in 2011. Founded in August 1991 as a technology services firm for mortgage lenders, DMD first offered […]
DocMagic Names Laurie Spira Chief Compliance Officer
CARSON, Calif. (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the mortgage industry’s leading provider of compliant loan document solutions, announced that Laurie Spira has joined the company as chief compliance officer.
Some States Provide Best Value for Foreclosure Properties
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — ForeclosureWarehouse.com calls attention to future homeowners to some states with the best price values of foreclosure properties. Foreclosure Warehouse statistics show that the top states that had the lowest prices in the beginning of the 2011 compared to the same time in 2010 reveal advantageous situations for those who […]
International Document Services Bucks Industry Trends, Achieves Substantial Growth in Mortgage Doc Volume in 2010
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — According to Curt Doman, president of International Document Services (IDS), a mortgage document preparation vendor, 2010 marked the second year in a row the firm saw significant growth in the number of document packages prepared. In addition to a 23 percent increase in doc volume over 2009, IDS […]
Mortgage Expert Barry Habib Joins Trinity Financial Advisory Board
WALL, N.J. (SEND2PRESS NEWSWIRE) — Peter Grandich, founder of Trinity Financial Sports & Entertainment Management Company, Atlantic Avenue, announced today that mortgage industry expert and Broadway Producer Barry Habib, as well as former Deputy Attorney General Robert F. Munoz, have joined the company’s corporate advisory board.
MCT Trading to Speak on Panel Session at Eastern Secondary Marketing Conference
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — MCT Trading, Inc., a leading hedging and risk management firm, announced that its COO, Philip Rasori, will speak on a panel session that addresses the state of capital markets. The panel is being held by the Mortgage Bankers Association of Florida at the Grand Hyatt in Tampa Bay, Florida […]
Titan Lenders Corp Gains Eight New Mortgage Lender Clients in Second Half 2010, Doubles 2009 Volume
DENVER, Colo. (SEND2PRESS NEWSWIRE) — In accelerated growth mode throughout the year, Titan Lenders Corp (TLC) added eight mortgage lenders as clients in the second half of 2010, and experienced a twofold 2009 to 2010 volume increase. TLC, a U.S.-based domestic mortgage fulfillment outsource operation, offers a parallel and variable cost alternative solution to lenders […]
Data Supports Specter of Unemployment Keeping Foreclosures High in Some States
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — According to The Associated Press’ monthly analysis, higher unemployment and foreclosure rates, especially in South Atlantic and Mountain states, raised the nation’s economic stress in November. This supports the findings from Foreclosure Data Online that confirms Colorado and Florida have more of the top 10 cities listed for the […]
Virtual Law Partners LLP Welcomes Noted Attorney Fred A. Rodriguez
PALO ALTO, Calif. (SEND2PRESS NEWSWIRE) — Virtual Law Partners LLP is very pleased to announce that international law attorney Fred Ariel Rodriguez has joined the firm as a partner. Mr. Rodriguez specializes in international legal matters involving the transfer of personnel, goods, intellectual property and services across borders.
Baltimore-based Reverse Mortgage Expert Receives Highest Professional Certification
BALTIMORE, Md. (SEND2PRESS NEWSWIRE) — Fidelis Mortgage, a veteran-owned reverse mortgage business, announced this week that Eric Rittmeyer, president Fidelis Mortgage, was one of the first in the nation to receive the designation of Certified Reverse Mortgage Professional (CRMP) created by the National Reverse Mortgage Lenders Association (NRMLA).
International Document Services Builds New Interface with Del Mar DataTrac's Software for Mortgage Lenders
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, and Del Mar DataTrac®, Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, have rebuilt their partner interface to improve mortgage lenders’ experience […]
Virtual Law Partners LLP Welcomes Denise Zack to its Commercial Lending Practice
PALO ALTO, Calif. (SEND2PRESS NEWSWIRE) — Virtual Law Partners LLP is very pleased to announce that Denise Zack has joined the firm’s Commercial Lending practice. Ms. Zack joins VLP from the Virginia office of Cooley LLP, where she served as special counsel in the Credit Finance and Leasing Finance practice groups and represented both institutional […]
SmartStops Equity Risk Indicators Now Available to European Investors
SAN FRANCISCO, Calif. (SEND2PRESS NEWSWIRE) — SMARTSTOPS.net announced today that Cortal Consors S.A., a subsidiary of BNP Paribas, has incorporated SmartStops equity risk indicators into their website delivering powerful new risk management capabilities to their clients.
Foreclosure Filings 2010 Statistics Show No Shortage of Foreclosed Homes
MIAMI, Fla. (SEND2PRESS NEWSWIRE) — Record numbers of foreclosures hit the market in 2010, as well as record numbers of people looking to buy them, reports Foreclosure Deals, a leading online provider of foreclosure news and information, in a year-end Foreclosure Filings 2010 review. The record-breaking trend of 2009 continued throughout the year, as foreclosures […]
Debit Transactions, Mobile Payments and Branch Item Capture to Drive 2011 Bank Technology Investments, says CONIX Systems, Inc.
MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — After hunkering down throughout 2010 recovering from a sobering 2009, banks will resume technology investments in 2011, in part with an eye toward meeting new demands on their payments operations, according to CONIX Systems, Inc.
New Research Into Investing Psychology Yields Odd Connection: What Do Stock Picks and Mullet Haircuts Have in Common?
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — Plenty it turns out, according to Drs. Richard Peterson and Frank Murtha, whose behavioral finance consulting firm, MarketPsych LLC, has been analyzing data on the investor personalities of thousands of professional and retail stock pickers.
IDS President Advises Lenders to Adopt Model Privacy Form Prior to Year's End to Retain Safe Harbor under Gramm-Leach-Bliley
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — Curt Doman, president of International Document Services, Inc. (IDS), a mortgage document preparation vendor, says lenders who have not adopted the Model Privacy Form are exposing themselves to unnecessary risk. Lenders are not required to adopt the Model Form and may, in fact, develop their own form to […]
International Document Services Phases HVCC Out of Mortgage Doc Packages for 2011
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, announced it has begun to phase out the Home Valuation Code of Conduct (HVCC) in response to an October 15 directive from Fannie Mae and Freddie Mac stating that the HVCC will no longer be the standard bearer for […]
Joe Bowerbank Named to Top 40 Under 40 List for Second Year in a Row
IRVINE, Calif. (SEND2PRESS NEWSWIRE) — Loan-Score Decisioning Systems, an enterprise-class pricing and automated underwriting solutions provider, announced that its SVP of marketing and strategic alliances, Joe Bowerbank, was named to National Mortgage Professional magazine’s 2010 Top 40 Under 40 Most Influential Mortgage Professionals list.
Pundit: Self-Storage is Poster Child for America's Addiction to Excess
WALL, N.J. (SEND2PRESS NEWSWIRE) — Market and economic commentator Peter Grandich has long stated that one of the biggest maladies with the American economy is our obsession with ‘stuff.’ The boom in the self-storage industry, he says, is symbolic of our addiction to excess.
High School Drop-Out Says Market has Peaked
WALL, N.J. (SEND2PRESS NEWSWIRE) — Peter Grandich, dubbed the ‘Wall Street Whiz Kid’ on national television for calling the 1987 ‘Black Monday’ market crash, has been making major top and bottom calls for 26 years. Now, Grandich has his bear suit back on, and is calling for a new top.
Document Systems, Inc. Steve Ribultan Named to Top 40 Most Influential Mortgage Professionals Under 40 List
CARSON, Calif. (SEND2PRESS NEWSWIRE) — Document Systems, Inc., the industry’s leading technology provider for compliant mortgage loan document preparation, announced that its executive sales manager, Steve Ribultan, has been named to National Mortgage Professional magazine’s Top 40 Most Influential Mortgage Professionals Under 40 list for 2010.
Full-Service Mortgage Banker Adopts Paperless Processing and Underwriting, and Perfects Its Wholesale Channel with DataTrac Implementation
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — California-based full-service mortgage banker Pinnacle Capital Mortgage (Pinnacle) credits Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, with enabling its adoption of paperless lending, streamlining its underwriting processes and strengthening its wholesale channel.
International Document Services Cycling Challenge Raises Contribution for Atlanta Habitat for Humanity during Mortgage Bankers Association Annual Conference
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, raised more than $6,000 for Atlanta Habitat for Humanity during the IDS Cycling Challenge at the Mortgage Bankers Association’s (MBA) 97th Annual Convention and Expo in Atlanta. IDS staff members, partners and conference attendees pedaled for a combined total […]
Vickers Wins Best Exit Award
LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) — The United States Global Entrepreneurs Association (USGEA) is proud to announce that one of its corporate members, Vickers Financial Group (‘Vickers’), a leading Venture Capital firm emerged a winner on October 5th at the Inaugural Singapore Venture Capital and Private Equity Association (SVCA) Annual Awards Gala Dinner held at […]
Wells Fargo Adds IDS to List of E-Delivery-Approved Mortgage Doc Providers
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, has been approved by Wells Fargo (NYSE: WFC) to provide mortgage documents via e-delivery to loan applicants. The approval covers e-delivery for all mortgage documents, but typically, initial and pre-disclosures are the primary documents submitted to loan applicants electronically.
Del Mar DataTrac Announces LOS Integration with Fannie Mae's EarlyCheck
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions has completed the integration of its rules-based workflow automation platform DataTrac with Fannie Mae’s EarlyCheck(TM) service. This EarlyCheck integration is included in DataTrac release 9.3R3, available for mortgage lender implementation beginning October 28, 2010.
FastUpFront Expands Its Small Business Financing Program
CLIFTON, N.J. (SEND2PRESS NEWSWIRE) — In an effort to expand small business financing to businesses previously ignored by business cash advance companies, FastUpFront has changed its financing qualifications and removed its funding limit.
Comergence Compliance Monitoring Provides Mortgage Lending Third Party Originator (TPO) Fidelity Bond, Errors and Omissions Policy through Insurance Subsidiary
ORANGE, Calif. (SEND2PRESS NEWSWIRE) — Comergence Insurance Services, a wholly owned subsidiary of third-party originator (TPO) risk management solutions provider Comergence Compliance Monitoring, announced it now offers fidelity and professional indemnity insurance to TPOs – the first of its kind within the industry.
Paul Granito Among 'Best of Best' Financial Advisors Attending Barron's Winner's Circle Top Advisors Summit
PARAMUS, N.J. (SEND2PRESS NEWSWIRE) — Paul Granito, First Vice President, Financial Advisor at Morgan Stanley Smith Barney was one of approximately 500 financial advisors who were selected by their firms to attend the sixth-annual Barron’s Winner’s Circle Top Advisors Summit, hosted by Barron’s magazine to promote best practices in the industry and the value of […]
Get Locked in Now: Manhattan Mortgage Rates at Record Lows
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — Jeff Koch, senior loan officer of Preferred Mortgage Corporation, announced this week that Manhattan mortgage rates are at record lows. This information is based on a survey released by Freddie Mac, the second largest mortgage finance company. It reported that 30 and 15-year Manhattan mortgage rates either tied or […]
IDS Puts Mortgage Industry in Motion to Benefit Atlanta Habitat for Humanity During MBA 97th Annual Conference
ATLANTA, Ga. (SEND2PRESS NEWSWIRE) — International Document Services, Inc. (IDS), a mortgage document preparation vendor, and Atlanta Habitat for Humanity, one of the top producers of affordable home ownership opportunities among U.S. Habitat affiliates, have teamed up to challenge attendees at the Mortgage Bankers Association’s (MBA) 97th Annual Convention and Expo to raise $10,000 for […]
White Horse Advisors' Chief Operating Officer, Stephen Griner, Earns Chartered Financial Analyst Designation
ATLANTA, Ga. (SEND2PRESS NEWSWIRE) — White Horse Advisors, LLC, an independently-owned provider of financial advisory services to owners of closely-held businesses and retirement plan sponsors, announces that Stephen Griner, COO of White Horse Advisors, has earned the Chartered Financial Analyst (CFA) designation. Griner was one of only 42 percent of investment professionals to pass the […]
DMD President Rob Katz to Moderate 2010 MBA Conference Panel: Growing Market Share in a Down Market
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Rob Katz, president of Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions is moderating a panel discussion entitled ‘Growing Market Share in a Down Market’ at the Mortgage Bankers Association’s 97th Annual Conference on Monday, October 25 at 11:00 a.m.
Loan-Score's PPE and AUS Platforms Integrated into Calyx Point
SAN JOSE and IRVINE, Calif. (SEND2PRESS NEWSWIRE) — Calyx Software(R), the preferred mortgage solution provider for banks, credit unions, mortgage bankers and brokers, and Loan-Score Decisioning Systems, an enterprise-class pricing and automated underwriting provider, announced that the two companies have integrated their respective loan origination system (LOS) and automated underwriting system (AUS) to offer users […]
IDS Sets New Record for Mortgage Document Package Preparation in August
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services, Inc. (IDS), a mortgage document preparation vendor, experienced another high-volume month in August and hit a new single-day record on August 26 due to record low mortgage rates and an increase in new clients.
NHL's Ron Greschner Joins Trinity Financial Advisory Board
WALL, N.J. (SEND2PRESS NEWSWIRE) — Peter Grandich, founder of Trinity Financial Sports and Entertainment Management Company, Atlantic Avenue, announced that former NHL New York Ranger hockey player Ron Greschner has joined the company’s advisory board.
IDS President Foresees APR Calculation Challenges in Reg Z Updates; Calls for Clarification from FRB for Mortgage Lenders
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — Curt Doman, president of International Document Services, Inc. (IDS), a mortgage document preparation vendor, warns interim change to Regulation Z, also known as the Truth in Lending Act (R-1366), could make it more difficult for lenders to accurately calculate an APR for closed end real property transactions.
Responsible Employers Know that Retaining Good Latino Workers Means Benefits that Make Sense
LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) — Changing the entire landscape to protect Latino laborers’ payroll is the mission of the new iGlobal Prepaid Visa Card and its initial launch in the Central Valley of California. According to founder, Robert Acosta, whose parents worked the citrus fields of Southern California, ‘The exploitation of Latino workers … […]
Taycor Beats Other Equipment Leasing Companies for Small Business Equipment Financing – Especially in This Tough Economy
LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) — ‘Many business owners don’t realize that funding is still available for equipment purchases, even if the banks are turning them down,’ says Bob Skibinski, CEO of Taycor Financial. ‘Unlike other equipment leasing companies, here at Taycor, we are getting deals done for our clients every day; which means you […]
SmartStops.net's New Historical Performance Calculator Reveals The Shortcomings of Buy and Hold
PALO ALTO, Calif. (SEND2PRESS NEWSWIRE) — SmartStops announced today the launch of the performance comparison calculator. The calculator analyzes the historical performance of equities comparing a buy and hold approach to one following a risk mitigation strategy. In addition to total return, risk exposure and opportunity costs are also quantified and the results presented in […]
The Magnifund Group Appoints Jay Lacny as its Chief Strategy Officer
SAN MARCOS, Calif. (SEND2PRESS NEWSWIRE) — The MagniFund Group is pleased to announce the addition of Jay Lacny to its organization, as its Chief Strategy Officer. This is an important advancement in the company’s desire to aid customers and clients in meeting all of their financial needs and continuing our strategy of becoming one of […]
Four IDS Lenders Included in Mortgage Technology Top 25 Tech-Savvy List
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services, Inc. (IDS), a mortgage document preparation vendor, would like to recognize and congratulate four IDS lenders for appearing on Mortgage Technology Magazine’s 2010 Top 25 Tech-Savvy Lenders list.
Symcor Inc. Selects CONIX Systems' Enterprise IRD System to Print Image Replacement Documents (IRDs)
MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — CONIX Systems Inc., a leading international provider of payment processing solutions to the financial services industry, was selected by Symcor Inc., a leading North American financial processing company, to provide its Enterprise IRD (EIRD) solution – a system designed to print IRD documents from X9.37 files.
IDS Customer Inlanta Mortgage Named Finalist for 2010 Mortgage Technology Award
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services, Inc. (IDS), a mortgage document preparation vendor, congratulates Inlanta Mortgage for being named a finalist in the Customer-Focused Lender category for the 2010 Mortgage Technology Awards.
Titan Lenders Corp and ComplianceEase Loan Review Process for MassHousing Named Finalist for Mortgage Technology Synergy Award
DENVER, Colo. (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC), and ComplianceEase, the nation’s leading provider of regulatory compliance and risk management solutions, have been named one of three finalists for the coveted 2010 Synergy Award from Source Media’s Mortgage Technology magazine. The pair was nominated for their proprietary automated loan […]
Super Bowl XLII Hero Joins Trinity Financial Advisory Board
WALL, N.J. (SEND2PRESS NEWSWIRE) — Peter Grandich, founder of Trinity Financial Sports and Entertainment Management Company, Atlantic Avenue, announced that Super Bowl XLII hero and former New York Giant David Tyree has joined the company’s advisory board.
Del Mar DataTrac Named Mortgage Technology 2010 Top 50 Service Provider Again
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, is among the 2010 Top 50 Service Providers listed by Source Media’s Mortgage Technology magazine.
Stearns Lending Grows Business with Loan-Score Platform
IRVINE, Calif. (SEND2PRESS NEWSWIRE) — Loan-Score Decisioning Systems, an enterprise-class pricing and automated underwriting provider, announced that Stearns Lending, Inc., a national wholesale and retail mortgage banker, has grown its business by more than 65 percent since going live with its solution in early 2009. Stearns utilizes Loan-Score’s platform to automate pricing and underwriting for […]
IDS Achieves Record Monthly Mortgage Document Package Volume in June, 2010
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services, Inc. (IDS), a mortgage document preparation vendor, reached a corporate milestone in June – an all-time record volume of document packages processed in a single month. According to IDS president Curt Doman, this record reflects both a steady level of customer acquisition and the growth […]
Comergence Compliance Monitoring Upgrades Professional Edition of TPO Monitoring, Due Diligence Solution
ORANGE, Calif. (SEND2PRESS NEWSWIRE) — Comergence Compliance Monitoring (CCM), a leading provider of third-party originator (TPO) risk management solutions, announces the release of Realm Professional Edition 2.2 Product Suite. Realm 2.2 creates a more holistic TPO management system that enables wholesale, correspondent and reverse mortgage lenders to oversee and execute all TPO communication and administrative […]
White Horse Advisors Announces Launch of Navix Exit Planning System
ATLANTA, Ga. (SEND2PRESS NEWSWIRE) — White Horse Advisors, LLC, an independently-owned provider of financial advisory services to owners of closely-held businesses and retirement plan sponsors, announces the launch of Navix, a 14-step process for business value creation and exit planning.
HELM Analytics Earns Spot on Annual Top 50 Technology Vendors List
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — HELM Analytics, a business intelligence and analytics company, announced that it has earned a spot on Mortgage Technology magazine’s 2010 Top 50 Mortgage Technology Service Providers. The company has gained rapid momentum since launching operations in early 2009.
Del Mar DataTrac Partners with CCMC on Loan Data Bridge for Mortgage Banker Regulatory and Investor Compliance Solution
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and CCMC, Inc., the financial industry’s premier technology interface provider, have released the DMDBridge, a connectivity tool that automatically moves loan data from a lender’s third-party origination system to the DataTrac mortgage banking system […]
Improper Payments Reduction Plan Makes Sense to CONIX Systems Technology President Frank Stokes, Should Be Applied to Financial Industry
MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — Franks Stokes, president of technology for CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and pioneer in the acceleration of exception processing, agrees with the Obama Administration that reducing systemic drains on the Federal budget by better policing benefits and other types […]
Titan Lenders Corp Signs Nine Mortgage Bankers for Back Office and Fulfillment Outsource Services in Q2 2010
DENVER, Colo. (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC) signed nine mortgage banker clients in the second quarter of 2010. TLC, a U.S.-based domestic mortgage fulfillment outsource operation, offers a parallel and variable cost alternative solution to lenders that maintain back office and warehouse line management operations.
Xcept Steering Committee for Accelerating Exception Processing Adds Five Bank Members
MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — The Xcept Steering Committee, organized in the first quarter of 2010 by CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exception management tools, has added five members representing the Bank of Oklahoma, Bank […]
International Document Services Completes RESPA Disclosure Updates, Evaluates Lender and Settlement Agent Satisfaction
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, has completed RESPA-related disclosures updates to its idsDoc doc prep platform to accommodate changes in the GFE and HUD-1, and evaluated responses from its Q2 customer survey.
SecuGen Hamster IV Fingerprint Reader Delivered to Kenya's Largest Retail Bank
SANTA CLARA, Calif. (SEND2PRESS NEWSWIRE) — SecuGen, the world’s leading optical fingerprint device vendor, is pleased to announce that CompuLynx, of Nairobi Kenya, has successfully integrated the SecuGen Hamster(TM) IV into the Account Holder Biometric Authentication and Identification System for one of the largest retail banks in Kenya.
BusinessCashAdvance.com Offers Alternative Financing to SBA Business Loans
CORAL SPRINGS, Fla. (SEND2PRESS NEWSWIRE) — On April 15, President Barack Obama signed legislation to add $80 million to the Small Business Association (SBA) business loan programs, and effectively extend stimulus benefits through the end of May. But a recent study suggests that a significant majority of small business owners will remain uninterested. Instead, many […]
Titan Lenders Corp Posts Periodic Table of Mortgage Industry Acronyms for Lenders, Media, and Consumer Advocates
DENVER, Colo. (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC) has assembled and developed a glossary of mortgage industry terms in the format of a periodic table of acronyms posted to its Website. The page where the glossary is posted requires no user registration and the information is provided as an […]
100 Mortgage Bankers View DataTrac 9.3 Product Suite and Loan Process Automation Development at DMD Client Conference
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools unveiled its DataTrac 9.3 Product Suite to more than 100 mortgage bankers and vendor partners at its annual […]
White Horse Advisors Completes Conversion to U.S. Securities and Exchange Commission (SEC) Registered Investment Advisor
ATLANTA, Ga. (SEND2PRESS NEWSWIRE) — White Horse Advisors, LLC, an independently-owned provider of financial advisory services to owners of closely-held businesses and retirement plan sponsors, is an SEC-registered investment advisor (RIA) as of March 9, 2010. White Horse Advisors joins a growing number of financial advisory representatives nationwide that are registering independently of broker-dealers.
Exception Day 1 Processing to become a reality by CONIX Systems, Inc. and Data Support Systems (DSS)
MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc. (CONIX), a leading international provider of payment processing solutions to the financial services industry and pioneer in the acceleration of exception processing and Data Support Systems (DSS), a leading provider of image-based back office payment processing solutions, have formed a partnership to accelerate exception processing across the […]
Wholesale Lenders Select Comergence Compliance Monitoring for TPO Due Diligence Solutions
ORANGE, Calif. (SEND2PRESS NEWSWIRE) — Comergence Compliance Monitoring, a leading provider of third-party originator (TPO) monitoring and due diligence solutions, added five wholesale mortgage lenders to its client roster in May 2010.
Technology Executive Named to Top 40 Most Influential Mortgage Professionals Under 40 List
IRVINE, Calif. (SEND2PRESS NEWSEIRE) — Loan Score Decisioning Systems, an enterprise-class pricing automated underwriting solution provider, announced that its SVP of marketing has been named to National Mortgage Professional magazine’s Top 40 Most Influential Mortgage Professionals Under 40 list. Loan-Score’s Joe Bowerbank is recognized for his industry contributions to evangelize, market and drive the use […]
Can a Reverse Mortgage Ease Problems for Senior Homeowners Hard-hit by the Economy?
KIRKLAND, Wash. (SEND2PRESS NEWSWIRE) — Today Reverse Mortgage Direct, LLC (RMD), announces an online assessment tool that helps senior Americans determine whether a reverse mortgage can help with their financial challenges. The tool, ‘Reverse Mortgage eGuide,’ also lets seniors know if they qualify, and whether the financial instrument might be right for their situation.
BAI – CONIX Webinar Explores Cost Savings, Risk Management, and Improved Compliance through Exception Processing Acceleration
MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — Banks that focus on reducing the impact of exception items in their payment processing operations by moving Day 2 processes to Day 1 can achieve decreased costs, more effective risk management, and improvements in auditory compliance, according to CONIX Systems, Inc., which developed content for the upcoming June 8 BAI […]
International Document Services Delivers Accurate and Compliant e-Signatures for Doc Prep Services
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, now offers its mortgage lender customers e-signature options through its flagship idsDoc platform.
DataTrac Mortgage Lending Platform Integration with Document Express Enables Seamless Delivery of Loan Closing Products and Services
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac, Inc., the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, now offers a seamless integration developed by its document preparation partner Document Express enabling DataTrac users to order their […]
BAI – CONIX Systems Exception Processing Acceleration Webinar Features Paul Carrubba, BB&T's Tim Dillow, and DSS President Carl Bortol
MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — An upcoming June 8 BAI webinar entitled, Acceleration of Exception Payment Processing: ‘The Next Big Thing,’ will feature commentary by noted attorney and bank payments expert Paul Carrubba, BB&T payments executive Tim Dillow, and Data Support Systems President and Founder Carl Bortol.
Comergence Compliance Monitoring Hosts Red Flag Rules Webinar to Prepare Lenders, Brokers for June 1 Deadline for FTC Enforcement
ORANGE, Calif. (SEND2PRESS NEWSWIRE) — For mortgage professionals and lenders affected by the June 1 enforcement of regulations enacted to stem the spread of identity theft and reduce personal identity fraud, Comergence Compliance Monitoring, a leading provider of third-party originator (TPO) monitoring and due diligence solutions, is conducting a complimentary Red Flag Rules educational webinar […]
CONIX Systems Hosts June 8 BAI Exception Payment Processing Acceleration Webinar
MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exception management tools, will host the BAI webinar entitled, ‘Acceleration of Exception Payment Processing: ‘The Next Big Thing,” on June 8 at 1:00 p.m. CST/CDT.
Titan Lenders Corp Signs Six Mortgage Bankers for Back Office and Fulfillment Outsource Services
DENVER, Colo. (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC) signed six mortgage banker clients in the first quarter of 2010. TLC, a U.S.-based domestic mortgage fulfillment outsource operation, offers a parallel and variable cost alternative solution to lenders’ maintaining back office and warehouse line management operations.
Massachusetts Housing Finance Agency Selects Titan Lenders Corp For Mortgage Purchase Review Outsource Services
DENVER, Colo. (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp (TLC) has been chosen by the Massachusetts Housing Finance Agency (MassHousing) to provide outsourced mortgage purchase review services. MassHousing is an independent, quasi-public agency that provides financing for affordable housing in Massachusetts. TLC is a U.S.-based domestic mortgage fulfillment outsource operation that […]
DMD Exhibits DataTrac End-to-End Mortgage Lending Automation at Texas MBA 94th Annual Conference
SAN ANTONIO, Texas (SEND2PRESS NEWSWIRE) — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, is an exhibitor at the May 16-18 Texas MBA’s 94th Annual Conference in San Antonio (Booth 26). DMD […]
Del Mar DataTrac ExTrac Additions Support Seamless Data Extraction for Mortgage Bankers to Request Closing Funds and Pass Servicing Data
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, has added four new DataTrac ExTrac options. These ExTracs facilitate the extraction, quality control and exchange of mortgage […]
CONIX Systems President Urges Banks to Address Acceleration of Exception Payment Processing, Identification of Duplicate Payments
DALLAS, Texas (SEND2PRESS NEWSWIRE) — Frank Stokes, president of technology, CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exception management tools, asserts that the acceleration of check clearing due to the widespread adoption of remote deposit capture (RDC), […]
Potomac Investments Manages Millions in Assets for Clients
WASHINGTON, D.C. (SEND2PRESS NEWSWIRE) — Financial estate and planning expert, John J. Cortale, senior vice president of investments, Potomac Investments, has assembled a team of financial experts with more than 30 years of combined experience. Cortale’s team knows what it takes to work with individual investors as well as large organizations to provide customized solutions […]
Comergence Compliance Views HUD Memo on TPO Management as Good Starting Point for Development of Due Diligence Best Practices
ORANGE, Calif. (SEND2PRESS NEWSWIRE) — Greg Schroeder, president of Comergence Compliance Monitoring, a leading provider of third-party originator (TPO) monitoring and due diligence solutions, says he supports HUD’s move to eliminate FHA approvals for loan correspondents, thereby distancing itself from the risks inherent in the current management of this origination channel.
Mortgage Doc Prep Vendor IDS Announces New Full Company SAS 70 Audit
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, has announced the successful completion of its full company SAS 70 Type I audit. The audit was performed in late February and will be followed up by a Type II audit […]
Business Cash Advances Fill a Financing Void for Many Small Businesses
CORAL SPRINGS, Fla. (SEND2PRESS NEWSWIRE) — With the outlook of traditional business credit markets remaining bleak, many small business owners are taking matters into their own hands, seeking out alternative means of finance, and this is proving to be a boon for the business cash advance industry according to BusinessCashAdvance.
Community Bank Mortgage Lenders Select Del Mar DataTrac End-to-End Lending Automation Solutions
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, added two community bank mortgage lenders to its client roster in March, 2010.
IDS and Primary Capital Mortgage Collaborate to Streamline Disclosures in Wake of RESPA Reform
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS) and Primary Capital Mortgage have teamed up to minimize the lender’s RESPA-related initial disclosures and closing document challenges. IDS is a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents. Primary Capital Mortgage is an Atlanta based residential mortgage banking firm.
Mortgage Lending Best Practices Spotlighted at Del Mar DataTrac 2010 Client Conference
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, is holding its annual DataTrac Client Conference on June 10 – 11 at ARIA Resort and Casino, one of […]
Broker-to-Banker Mortgage Lender Augusta Financial Selects DataTrac for Process Automation and Lending System of Record
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Southern California mortgage banker Augusta Financial selected the Del Mar DataTrac(R), Inc. (DMD) flagship solution DataTrac as its automated loan processing platform and lending system of record in September, 2009, when it transformed from broker to banker. Founded in 1995 as a mortgage broker in the Santa Clarita Valley, […]
Professional Auditing Services of America Recovers $1,000,000's of dollars for Organizations with a New 2010 Stimulus Package Discount
SOUTHFIELD, Mich. (SEND2PRESS NEWSWIRE) — Professional Auditing Services of America (PAS) announced today that, in light of the current economic condition, they will be offering not only a Nation Wide Special 2010 Recovery Stimulus Package Discount on all recovery audits but also another special discount to all AICPA affiliated members through the end of the […]
More Businesses Dismissing Banks for Business Loans
CORAL SPRINGS, Fla. (SEND2PRESS NEWSWIRE) — As traditional bank loans become scarce, more small business owners are turning to alternatives like business cash advances offered by BusinessCashAdvance. The company has provided an attractive option to a growing number of entrepreneurs seeking business loans in this tough economy. It expects this trend to continue as credit […]
Del Mar DataTrac President Rob Katz Adds Technology Perspective to March 29 'Lykken On Lending' Hedging Segment
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Rob Katz, president of Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, will be a featured guest of the Lykken on Lending Internet radio program on Monday, […]
IDS Hires Ali Knudsen as Marketing Communications Manager
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, announced that Ali Knudsen has joined the company to lead its marketing communication efforts. As marketing communications manager, Knudsen is responsible for internal and external communications, tradeshow marketing, public relations and […]
Telecommunications Capital Expenditures Spending to Hit $224 Billion by 2015, says Insight Research
BOONTON, N.J. (SEND2PRESS NEWSWIRE) — Capital expenditures (CAPEX) by telecommunications service providers globally is expected to increase at a compounded rate of 2.4 percent, from $199.6 billion in 2010 to $224.5 billion in 2015, says a new market analysis report from The Insight Research Corporation. According to the new market study, CAPEX in the various […]
Mortgage Lending Automation and System of Record Provider Del Mar DataTrac Exhibits Electronic Document Management at ICBA
SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, will exhibit and demonstrate its ‘zero defect’ mortgage lending workflow automation platform and electronic document management system, DataTrac, at […]
Mortgage Lenders' Top Concerns for Doc Prep Solutions Include Compliance Review, Document Delivery, IDS Hears from Lenders One Conference
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — Based on feedback received at the Lenders One Mortgage Cooperative Winter Member Conference in Orlando earlier this month, mortgage document preparation vendor International Document Services (IDS) learned that when it comes to doc prep functionality, compliance review capabilities and document delivery mechanisms are at the top of lenders’ […]
Financial Foundation Group and Special Olympics Hoop it up at Tournament
SAN ANTONIO, Texas (SEND2PRESS NEWSWIRE) — Financial Foundation Group (FFG) started their year with some familiar athletes as they volunteered in this year’s Special Olympics Basketball Competition. This is the third athletic competition FFG – San Antonio has been a part of within the last two quarters. Nearly 200 local athletes competed in this year’s […]
Taycor Financial Announces New Lease Program with TOMI Environmental Solutions
LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) — Taycor Financial is a leading provider of equipment leasing and financing and has launched a nationwide leasing program for TOMI Environmental Solutions, Inc., a global green leader in infectious disease control and surface and air remediation equipment. Founded in 1997, with offices in Los Angeles, Calif. and Boston, Mass., […]
Rockfleet Announces Opening of New York City Office – Headquarters for Capital Markets Business
NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — Rockfleet Financial Services, Inc. today announced the opening of its Manhattan office. The company will provide investment banking, advisory, securities origination, brokerage, dealer and related services across the United States. Rockfleet also announced several new hires, to be based in Manhattan.