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Yearly Archives: 2018

Calif. Gov. Brown Final ‘State of the State’ Address Jan. 25 2018

SACRAMENTO, Calif. /California Newswire/ -- Today, Calif. Gov. Brown delivers his final State of the State speech to lawmakers and media. Brown appears before the Legislature for the 16th — and final — time to offer his thoughts on current affairs in California, and the path forward for our Golden State.

City of El Monte Council appoints Alex Hamilton as the City Manager

EL MONTE, Calif. /California Newswire/ -- The El Monte City Council unanimously appointed Alex Hamilton as the City Manager Tuesday, January 23. Mr. Hamilton has been serving as El Monte’s Assistant City Manager since 2015. As a public servant, Mr. Hamilton has over 25-years’ experience working in federal and local government.

DocMagic Reaches 300 Million Mortgage eSignings Milestone as More Borrowers Opt for eSigning and Require Proof of TRID Compliance

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has processed more than 300 million mortgage-related electronic signatures.

Calif. Assemblymembers McCarty and Ting Demand ‘Tax Justice’ for Middle Class Californians

SACRAMENTO, Calif. /California Newswire/ -- With the recently approved Republican tax giveaway largely benefiting billionaires, Calif. Assemblymember Kevin McCarty (D – Sacramento) and Assemblymember Phil Ting (D – San Francisco) this week introduced ACA 22, which will redirect half of the federal corporate tax cut to support middle class families in California.

Bank of Southern California, N.A. announces new Commercial Real Estate and SBA Lending Group

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS: BCAL), announced that Steve Pollett has joined the company as SVP, SBA and Commercial Real Estate Lending Group Manager. With more than 30 years' experience in SBA and Commercial Real Estate lending, Pollett will be responsible for leading a team to provide financing to small and medium-sized businesses throughout the Southern California region. Prior to joining Bank of Southern California, Pollett was Senior Vice President and Group Manager of Commercial Lending with Plaza Bank.

National Handwriting Day 2018: Cursive is Cool Annual Handwriting Contest Launches on 41st Anniversary of Day

LOS ANGELES, Calif. /California Newswire/ -- Cursive writing continues to enjoy increasing appreciation in the United States and around the world, and the annual Cursive is Cool(R) contests for 2018 are launching on the 41st anniversary of National Handwriting Day, celebrated around the world on Jan. 23 each year. Presented by the Campaign for Cursive(R), a committee of the American Handwriting Analysis Foundation, the date is associated with the birth of John Hancock.

iEmergent Joins The Mortgage Collaborative Preferred Partner Network, will offer Market-based Forecasts

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of forecasting and analytics firm iEmergent to its Preferred Partner network. iEmergent offers TMC members market-based forecasts that can drill down into communities, making the intelligence relevant to both high-level strategic issues and specific market challenges.

Kathy Gonzales Named Senior VP, Director of Branch Banking for Bank of Southern California N.A. (BCAL)

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has appointed Kathy Gonzales as Senior Vice President, Director of Branch Banking. She will be responsible for supporting the Bank's commitment to the customer experience by deepening customer relationships, and identifying opportunities to increase the bank's market share.

Hak’s Shows Foodies Organic Innovation at 2018 Winter Fancy Foods in San Francisco

SAN FRANCISCO, Calif. /California Newswire/ -- Hak's, a leading manufacturer of clean ingredient sauces, condiments, and prepared foods looks forward to showcasing its full product line at the Winter Fancy Foods show, Booth #6406, from January 21 - 23 in San Francisco. Hak's products feature a unique combination: They're all designed by celebrity chef and founder Sharone Hakman, while offering great taste AND clean ingredients.

Mortgage Quality Management Announces Internal Audit Services Compliant with Fannie Mae Seller/Servicer Update

LOS ANGELES, Calif. /California Newswire/ -- Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that its Internal Audit services offering meets or exceeds the requirements for Fannie Mae seller/servicers to be in compliance with the December 19, 2017 Fannie Mae Selling Guide Announcement SEL-2017-10 update.

VLP Law Group Welcomes Partner, Attorney Debra B. Vernon, to the Firm’s Corporate Practice Group

PALO ALTO, Calif. /California Newswire/ -- VLP Law Group LLP is pleased to announce that Debra B. Vernon has joined the firm's Corporate Practice Group as a partner based in the San Francisco Bay area. She specializes in startup formation and capitalization, financings, corporate venture, mergers and acquisitions, public offerings and corporate governance.

MCT Trading COO Phil Rasori Scheduled to Speak at the Independent Mortgage Bankers Conference

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its COO, Phil Rasori, will be speaking on a panel session at the MBA's 2018 Independent Mortgage Bankers Conference on Wednesday, January 24, 2018 being held at the Ritz-Carlton in Fernandina Beach, Florida.

MAG Instrument partners with Maschmedt & Associates for marketing of MAGLITE products in Western USA

ONTARIO, Calif. /California Newswire/ -- MAG Instrument Inc. has inked a manufacturer's representative agreement with Maschmedt Group, a full service sales and marketing firm, to greatly increase its reach in the critical retail sectors of sporting goods and hardware. The deal is expected to boost sales of MAGLITE(R) products in these sectors especially in the Western United States where Maschmedt & Associates concentrates its efforts.

MATIC Insurance CEO says Smaller Originators Will Follow Top Lenders, Making Homeowner’s Insurance Part of Digital Mortgages

SHERMAN OAKS, Calif. /California Newswire/ -- Integrating homeowner's insurance into the mortgage origination process is a relatively new idea - and one Matic CEO Aaron Schiff anticipates will gain traction in 2018. His firm expects small and mid-sized mortgage operations will follow the lead of several marquee lenders that added homeowner's insurance to their origination workflows last year.

Stuttering Comedian Disrupts Interruptions in One Woman Show

SAN FRANCISCO, Calif. /California Newswire/ -- On February 11th, 2018, comedian Nina G will be at the Stage Werx theater debuting her one-person show, Stutterer Interrupted. The show explores what it’s like to be a stuttering woman in non-stuttering world. How does it feel when people constantly try to finish your sentences? When they ask if you forgot your own name? How do you go from twenty years of hiding your voice to performing on stage every night? These are some of the questions that Nina will address.

Calif. Congressman Tony Cardenas’ Statement on FISA Reauthorization

SACRAMENTO, Calif. /California Newswire/ -- Today in Washington, D.C., Calif. Congressman Tony Cárdenas (D-San Fernando Valley) released the following statement about today’s passing of the Foreign Intelligence Surveillance Act (FISA) Reauthorization:

El Monte California City Manager Transitions to the City of Norwalk

EL MONTE, Calif. /California Newswire/ -- After eight years with El Monte, City Manager Jesus Gomez is stepping down. Mr. Gomez’s tenure includes serving as Assistant City Manager and Economic and Redevelopment Director. Mr. Gomez will be joining the City of Norwalk as the new City Manager.

Calif. Assemblymember McCarty Releases Statement on Governor Brown’s 2018-19 Proposed State Budget

SACRAMENTO, Calif. /California Newswire/ -- Calif. Assemblymember Kevin McCarty (D-Sacramento), Chair of the Assembly Budget Subcommittee on Education Finance released the following statement in response to Governor Jerry Brown’s proposed 2018-19 state budget.

Calif. Governor Brown Proposes 2018-19 California State Budget

SACRAMENTO, Calif. /California Newswire/ -- Keeping the state on a path to long-term fiscal stability, Calif. Governor Edmund G. Brown Jr. today proposed a $131.7 billion General Fund budget plan for 2018-19 that fills the state's Rainy Day Fund to its constitutional target, fully implements the state's K-12 school funding formula two years ahead of schedule and provides $4.6 billion for the first year of a 10-year transportation improvement plan.

Calif. Gov. Brown Announces Appointments for Jan. 8-10, 2018 including to Department of Water Resources

SACRAMENTO, Calif. /California Newswire/ -- Today, Calif. Governor Edmund G. Brown Jr. announced the following appointments: First, Karla Nemeth, 47, of Sacramento, has been appointed director of the California Department of Water Resources. Nemeth has served as Governor Brown’s deputy secretary and senior advisor for water policy at the California Natural Resources Agency since 2014, where she was Bay Delta Conservation Plan project manager from 2009 to 2014.

Mortgage Capital Trading Bolsters its Strategic Team, Adds Ian Miller as Chief Marketing Officer

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Ian Miller has joined the company as Chief Marketing Officer (CMO). In this newly created position, he is responsible for ensuring that MCT's marketing strategy effectively supports the company's business plan and helps drive growth.

Calif. Assembly Speaker Rendon to Lead Assembly Delegation to Mexico in January

SACRAMENTO, Calif. /California Newswire/ -- Calif. Assembly Speaker Anthony Rendon (D-Lakewood) will lead a delegation of Assemblymembers on a four-day mission to Mexico, California’s neighbor and trading partner, to reinforce the closeness of the relationship. The mission will go from January 10-13, 2018. The legislative delegation will also include Assemblymembers Todd Gloria (D-San Diego), Kevin McCarty (D-Sacramento), Jose Medina (D-Riverside), and Eloise Gómez Reyes (D-San Bernardino).

Digital Mortgage Pioneer Cloudvirga Hires Sean McEvoy as its Chief Customer Officer

IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Sean McEvoy as its chief customer officer. As a member of the senior leadership team, McEvoy will be responsible for the firm's customer leadership, implementation and support functions. He has an extensive background in building world-class customer success organizations at FileNET, IBM, Quest and Dell. He will report to Cloudvirga CEO Michael Schreck.

Continuing Its Growth, VLP Law Group Welcomes Addition of Real Estate Partner Debra Schiff

PALO ALTO, Calif. /California Newswire/ -- VLP Law Group LLP is pleased to announce that Debra Schiff has joined the firm's Real Estate Practice Group as a partner based in Los Angeles, California. Ms. Schiff is the second Los Angeles based attorney to join the firm's growing Real Estate Practice Group in recent weeks. Los Angeles attorney Craig P. Wood joined the firm as a Partner in December.

Gov. Brown and Pacific Coast Governors Condemn Federal Decision To Expand Offshore Drilling

SACRAMENTO, Calif. /California Newswire/ -- Today, California Governor Edmund G. Brown Jr., Oregon Governor Kate Brown and Washington Governor Jay Inslee issued the following statement in response to the federal proposal to expand oil and gas offshore drilling, including in Pacific waters, for the first time in decades:

Calif. Asm. Kevin McCarty Introduces Measure to Make CA Legislators Pay for Sexual Harassment Payouts – AB 1750

SACRAMENTO, Calif. /California Newswire/ -- Fulfilling his commitment to address sexual harassment at the State Capitol, Calif. Assemblymember Kevin McCarty (D – Sacramento), on Wednesday introduced AB 1750, which would require the California State Senate and the California State Assembly to seek reimbursement for any sexual harassment settlements paid by the Legislature when there is clear evidence of wrongdoing by a legislator.

SecuGen Corp. to Unveil Hamster Pro 10 Ultra-Slim Fingerprint Reader and U10 Sensor at CES 2018

SANTA CLARA, Calif. /California Newswire/ -- SecuGen is pleased to announce the unveiling of the soon to be released Hamster Pro(TM) 10 fingerprint reader. The Hamster Pro 10 is the smallest and lowest priced fingerprint in SecuGen's growing line of high quality fingerprint products.

California Legislative Leaders Announce Bipartisan Approach on Sexual Harassment Prevention for 2018

SACRAMENTO, Calif. /California Newswire/ -- Calif. Assembly Speaker Anthony Rendon (D-Lakewood) and Senate President pro Tempore Kevin de Leon (D-Los Angeles) today announced the formation of a joint committee tasked with creating a bicameral set of additional reforms to improve how the Legislature addresses the issue of sexual harassment and how it can better protect those who report harassment or abuse.

Bank of Southern California, NA Opens New Banking Branch in City of Orange, Calif.

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the opening of a production office in Orange County in the city of Orange, Calif. In addition, the bank said it is actively looking to expand into other Southern California markets, as the company continues to grow the banks franchise throughout the Southern California region.

SecuGen Corp. to Highlight the SafeDefend Personnel Protection System at CES 2018

SANTA CLARA, Calif. /California Newswire/ -- SecuGen Corporation and SafeDefend LLC have teamed up to create the SafeDefend Personnel Protection System and will be demonstrating the product at the 2018 Consumer Electronics Show (CES) in Las Vegas.

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