CA Finance

CA Finance

CA Finance

CA Finance
Bank of Southern California NA

Bank of Southern California NA Opens West Los Angeles Office, Fifth In County

LOS ANGELES, Calif. /California Newswire/ -- Bank of Southern California, N.A. ( OTC Pink: BCAL / OTCMKTS:BCAL ), a community business bank headquartered in San Diego, Calif., is pleased to announce its continued expansion in Los Angeles with the opening of a new production office in West Los Angeles.
David McNeil of EPIC

EPIC Insurance’s David McNeil Named 2018 ‘Broker of Excellence’ by CalMutuals Joint Powers Risk & Insurance Management Authority

ONTARIO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants ("EPIC"), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Principal and Risk Management Consultant David McNeil has been selected as a 2018 Broker of Excellence by The California Association of Mutual Water Companies - Joint Powers Risk & Insurance Management Authority (CalMutuals-JPRIMA).
James Vinci of Cloudvirga

Cloudvirga taps former Altisource CTO James Vinci as Executive VP of Technology

IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), a leading provider of digital mortgage software, today announced that mortgage industry veteran James Vinci has been selected to fill the firm's newly created executive vice president of technology position. In this role, Vinci will execute Cloudvirga's technical vision, oversee initiatives to strengthen developer talent and collaborate across departments to scale technical initiatives to the company's explosive growth.
Mike McNulty of EPIC

EPIC Insurance Buys Direct Retail Wine Industry Business From Paragon

SAN FRANCISCO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today the purchase of a retail wine industry book of business from Managing General Agency (MGA) Paragon Insurance Holdings LLC. The accounts in question came to Paragon in the fall of 2017 when they acquired wine industry specialist John Sutak Insurance Brokers, along with two winery programs from the Argo Group.
Paragon Insurance Holdings

Paragon Insurance Holdings LLC to Sell its Direct Retail Wine Industry Business

SAN FRANCISCO, Calif. /California Newswire/ -- Paragon Insurance Holdings LLC today announced the sale of the firm's direct retail wine industry business to retail insurance broker EPIC Insurance Brokers & Consultants. The accounts in question came to Paragon in the fall of 2017 when they purchased wine industry specialist John Sutak Insurance Brokers, along with two winery programs from the Argo Group.
MCT's Rhiannon Bolen

MCT Inc. Hires Rhiannon Bolen as Regional Sales Manager to Satisfy Increasing Demand for its Product and Service Offerings

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Rhiannon Bolen has joined the company's sales team as one of its Regional Sales Managers and will be responsible for overseeing the Southern territory.
Cloudvirga's Jesse Decker

Former Roostify exec Jesse Decker joins Cloudvirga as chief customer success officer

IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage software, today announced the appointment of Jesse Decker to the role of chief customer success officer. Decker will lead the company's customer success division and work collaboratively with its product development and marketing teams to help leading mortgage lenders leverage the full potential of Cloudvirga's revolutionary point-of-sale (POS) products.
Bank of Southern California NA

Bank of Southern California, N.A. Announces its Q3-2018 Financial Results (BCAL)

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL) announced quarterly net income of $874,988 for the third quarter of 2018, compared to $1,088,043 for the third quarter of 2017. For the nine months ended September 30, 2018, net income was $3,253,441, compared to $2,830,295 for the nine months ended September 30, 2017. Results for the quarter and nine months ended Sept. 30, 2018, include approximately $1.2 million and $1.6 million, respectively, in expenses related to the acquisition of Americas United Bank (OTC Pink: AUNB), which was completed on July 31, 2018.
NotaryCam

For U.S. Veterans and Service Members, NotaryCam again Offers Complimentary Notarizations Honoring 2018 Veterans Day

NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam(R) today announced it would offer free remote online notarization (RON) sessions to United States veterans and current service members in honor of Veterans Day as part of its semi-annual "Help a Hero" initiative. From Friday, November 9 through Monday, November 12, active duty and retired service members can connect to a live notary public via NotaryCam's secure virtual signing room to legally notarize, sign and execute documents and agreements online from anywhere in the world.

QRL Financial Leverages DocMagic eVault Technology to Purchase eNotes from Correspondent Clients

ANAHEIM, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that QRL Financial Services (QRL), a nationwide provider of residential mortgage lending services for community banks and credit unions, has leveraged its eVault technology to purchase eNotes. The announcement was made during the 24th Annual CUNA Lending Council Conference.

ReverseVision Vice President Wendy Peel Recognized as One of Mortgage Banking’s Most Powerful Women of 2018

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the reverse mortgage industry, announced today that Vice President of Sales and Marketing Wendy Peel has been honored by National Mortgage Professional (NMP) Magazine as one of Mortgage Banking's Most Powerful Women.
Kevin Harnetiaux Joins EPIC

Kevin Harnetiaux Joins EPIC Insurance Brokers’ Sacramento Team

SACRAMENTO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that insurance industry veteran Kevin Harnetiaux has joined the firm as Senior Vice president and Chief Operating Officer of EPIC's Sacramento Region, including Sacramento, Calif., Gold River, Calif., and Reno, Nev.
Cloudvirga

Thrive Mortgage partners with Cloudvirga to give its loan officers an edge with customers

IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage software, today announced that full-service mortgage lender Thrive Mortgage LLC (formerly Georgetown Mortgage) is deploying Cloudvirga digital mortgage technology to loan officers across its more than 50 branch locations nationwide. The lender expects 70 percent of its loan production will be powered by Cloudvirga technology by the end of the quarter.
ReverseVision

ReverseVision and STRATMOR Group Partner to Integrate First-Ever HECM Borrower Satisfaction Benchmark into MortgageSAT

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it is partnering with leading mortgage industry advisory firm STRATMOR Group to develop the first-ever HECM borrower satisfaction benchmark as part of STRATMOR's MortgageSAT Borrower Satisfaction Program.
Cloudvirga

Cloudvirga Selected to Demo Mobile POS at 2018 MBA Annual Conference and Expo in Washington, DC

IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage software, announced that it has been selected to demo its recently launched Mobile POS at the Mortgage Bankers Association's Annual Conference & Expo 2018, taking place October 14-17 at the Walter E. Washington Convention Center in downtown Washington, D.C.
The Mortgage Collaborative (TMC)

For Q418, The Mortgage Collaborative Expands Benchmark, Collaboration Labs and Working Group Member Engagement Initiatives

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced that they have added and expanded upon several of their member benefits. With the continued growth of their national lender member network, TMC has increased the size and scope of their engagement programs to offer even more opportunities for their members to network and collaborate.
NotaryCam

NotaryCam and DocMagic Integrate Fintech to Eliminate Reliance on In-Person Notarizations for eClosings

NEWPORT BEACH, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, and NotaryCam, the leader in online notarization solutions, announced an integration that eliminates the need to wet-sign loan documents in the physical presence of a notary by allowing loan documents to be quickly and compliantly eNotarized online.
MCT Trading COO Phil Rasori

Mortgage Capital Trading Adds Multi-Factor Authentication to its MCTlive! Secondary Marketing Software

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has implemented multi-factor authentication (MFA) security protocols, which require multiple methods to verify a user's identity for logins and transactions.
Helen Johnson

Bank of Southern California, N.A. Names Helen Johnson Senior Vice President, Loan Administration Manager

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, is pleased to announce that Helen Johnson has joined the company as Senior Vice President, Loan Administration Manager.
DocMagic

Freddie Mac Expands Digital Mortgage Solutions with DocMagic eVault to Store and Control eNotes

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced today that Freddie Mac has implemented its SaaS-based eVault technology and SmartREGISTRY platform.
Mortgage Quality Management

MQMR says Mortgage Industry Margin Compression Calls for Fixed-Cost Approach to Compliance Support

LOS ANGELES, Calif. /California Newswire/ -- Mortgage Quality Management and Research, LLC (MQMR) President Michael Steer today advised lenders to adopt a fixed-cost approach to compliance support in the face of margin compression and declining per-loan profits. By investing in a fixed-cost solution for compliance, lenders can better manage their monthly expenses while ensuring they remain compliant, thus avoiding potential financial penalties associated with non-compliance.
Ann Torrico

Bank of Southern California, NA Names Ann Torrico Managing Director in Los Angeles

LOS ANGELES, 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 appointment of Ann Torrico as Managing Director in Los Angeles. She will be responsible for expanding Bank of Southern California's market presence by actively seeking new business opportunities in the Greater Los Angeles region with a focus in West Los Angeles and South Bay.
Cloudvirga COO Kyle Kamrooz

American Financial Network Deploys Cloudvirga Digital Mortgage Technology

IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage software, today announced the deployment of its Cloudvirga Enterprise POS to all 100 branch locations of American Financial Network (AFN), a privately held mortgage company that employs over 750 loan officers and serves tens of thousands of customers nationwide.
Bank of Southern California NA

Bank of Southern California Names Soly Cangarlu VP, Branch Manager in West L.A.

LOS ANGELES, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has named Soly Cangarlu Vice President, Branch Manager. She will be responsible for developing client relationships and expanding the bank's presence in West Los Angeles.
Bank of Southern California NA

Bank of Southern California, NA Names Laura H. Araluce VP, Branch Manager

ORANGE, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, is pleased to announce that Laura H. Araluce has joined the company as Vice President, Branch Manager. She will be responsible for growing Bank of Southern California's presence in Orange County.
CLOUDVIRGA

Fairway Independent Mortgage Partners with Cloudvirga to Support Its Organizational Growth Goals

IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced that Fairway Independent Mortgage Corporation (Fairway) has launched Cloudvirga's digital mortgage platform for consumers and loan officers.
EPIC Insurance

EPIC Recognized Among Inc. Magazine’s 2018 Annual List of America’s Fastest-Growing Private Companies

SAN FRANCISCO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that it has been ranked No. 2746 on Inc. Magazine's 37th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies.
Bank of Southern California NA

Bank of Southern California, NA Expands its Los Angeles Team with the Addition of Three Branch Managers

LOS ANGELES, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, Calif., announced the addition of three tenured Branch Managers to support the company's recent expansion into Los Angeles County.
CLOUDVIRGA

Finance of America Mortgage Gives Advisors and Borrowers a Cutting-Edge Experience with Technology from Cloudvirga

IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced that Finance of America Mortgage (FAM) will deploy the Cloudvirga Enterprise POS as its digital mortgage platform.
MCT Trading COO Phil Rasori

MCT Integrates its MCTlive! Fintech with Freddie Mac for Automated Loan Sale Pricing and Commitment

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced new functionality that delivers real-time pricing and automates loan committing for Freddie Mac clients. MCT's lender clients receive the pricing information seamlessly via its integrated capital markets technology platform, MCTlive! MCT is the first vendor to have successfully completed the first commitment via Freddie Mac's new API technology.
LBA WARE

The Mortgage Collaborative Releases TMC Benchmark 2.0

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the release of its enhanced benchmarking solution for its lender members. In collaboration with TMC Preferred Partner LBA Ware, TMC Benchmark now has an improved user interface, augmented reporting dashboards and peer segmentation.
RADIAN and Cloudvirga

Cloudvirga Adds Digital Mortgage Integration with Insurance Provider Radian Guaranty

IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, has partnered with Radian Guaranty, a subsidiary of Radian Group (NYSE:RDN), to deliver instant and accurate mortgage insurance (MI) rate quotes and streamline the ordering of MI certificates for lenders.
Mortgage Capital Trading - MCT

MCT’s Bid Auction Manager (BAM) Tech Automates Tri-Party Agreement for Investors’ Bid Tape AOT Loan Sale Executions

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced automation of the Tri-Party Agreement required between lenders, investors, and broker dealers during Assignment Of Trade (AOT) transactions in the secondary market. The functionality is built into MCT's Bid Auction Manager(TM) (BAM) bid tape management and best execution platform.
NotaryCam

NotaryCam Applauds U.S. Treasury Recommendations on Remove Barriers to Online Notarization and ‘Fully Digital Mortgage’

NEWPORT BEACH, Calif. /California Newswire/ -- CEO Rick Triola, founder of the industry's most popular remote online notarization solution, NotaryCam, calls the Dept. of Treasury's recommendations in its July 31 report to the President: A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation "a cure to the persistent drags on real estate transactions that have prevented the consumer from experiencing the benefits now possible with digital technologies."
Bank of Southern California and AUB

Bank of Southern California, N.A. Completes its Acquisition of Americas United Bank

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A., San Diego (OTC Pink: BCAL / OTCMKTS:BCAL) announced today the completion of its acquisition of Americas United Bank, Glendale, (OTC Pink: AUNB), effective July 31, 2018. Americas United Bank had total assets of approximately $231 million as of June 30.
Bank of Southern California

Bank of Southern California, N.A. Names Catherine Puckett VP, Business Development Manager

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Catherine Puckett has joined the company as Vice President, Business Development Manager. She will be responsible for expanding Bank of Southern California's business banking client base by actively seeking new business opportunities in the San Diego region.
Robert Etzler of Paragon Insurance

Paragon Insurance Holdings Expands Offices in San Diego, adds Robert Etzler

SAN DIEGO, Calif. /California Newswire/ -- Paragon Insurance Holdings LLC ("Paragon"), a national multi-line specialty MGA (Managing General Agency) based in Avon, Conn., today announced its expansion in San Diego, Calif. with the opening of new offices at 401 B Street in downtown San Diego and the hiring of top local insurance professional Robert Etzler, under the leadership of Paragon regional president, Andrew Petersen.
OPENCLOSE

OpenClose Launches DecisionAssist Mobile for Originators at CMBA 46th Annual Western Secondary Marketing Conference

SAN FRANCISCO, Calif. /California Newswire/ -- OpenClose(R), an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced at the California Mortgage Bankers Association (CMBA) 46th Annual Western Secondary Marketing Conference that it unveiled DecisionAssist(TM) Mobile, which provides fingertip access to the company's proprietary web-based product and pricing engine (PPE)
Julia Moore of EPIC

Business Development Specialist Julia Moore Joins EPIC in Sacramento

SACRAMENTO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants announced today that new business sales and relationship management professional Julia Moore has joined the firm's operations in Sacramento as Vice President, New Business Development.
NotaryCam

Accurate Group NotaryWorks Complete Notary Solution enhanced with Remote Online Notarization from NotaryCam

NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam today announced that it has partnered with Accurate Group, a leading provider of technology-driven real estate appraisal, title and compliance services, to provide remote online notarization services for NotaryWorks(TM), Accurate Group's complete notary solution.
EPIC Insurance Brokers adds Mr. Sarmad Naqvi

EPIC Insurance Brokers adds Mr. Sarmad Naqvi to its Private Client Practice in Northern California

SAN FRANCISCO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants announced today that risk management and insurance professional Sarmad Naqvi has joined the firm's Private Client Insurance operations in Northern California, specializing in providing comprehensive, cost effective risk management and insurance protection to high net worth individuals and their families.
EPIC Insurance

Risk management and insurance professional Eric Kitei joins EPIC as a Principal in Southern California

LOS ANGELES, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants announced today that risk management and insurance professional Eric Kitei has joined the firm's operations in Southern California as a Principal, focusing on the unique needs of auto dealers and others in the automotive industry.
C3 Insurance SaferWorks

C3 Risk and Insurance Launches Mobile Inspection App for Businesses and Insurance Pros

SAN DIEGO, Calif. /California Newswire/ -- C3 Risk & Insurance Services today announced the launch of its new SaferWorks smartphone technology for businesses to use in documenting inspections. The app is designed to be extremely simple and easy to use by both the company administrator and by the company end users.
Tonya Fuller and Ashley Forslund

Paragon Insurance Holdings Welcomes Tonya Fuller and Ashley Forslund to Winery and Brewery Team

NAPA, Calif. /California Newswire/ -- Paragon Insurance Holdings LLC ("Paragon"), a national multi-line specialty MGA (Managing General Agency) based in Avon, Conn., today announced that Tonya Fuller has joined the firm as Vice President, Winery and Brewery. Additionally, Ashley Forslund has become a member of the Paragon team in the role of Senior Underwriter, Winery and Brewery, working in close collaboration with Fuller.
Tony DiVita of Bank Southern Calif.

Tips for Selecting the Best Commercial Bank in 2018 for Your California Small Business

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), understands that selecting a commercial bank that fits your company's needs can be a grueling task. Tony DiVita, Chief Banking Officer at Bank of Southern California, shares the following valuable tips to help guide small businesses in selecting the right bank.
Brian Chu, CIC, CLCS

Brian Chu, CIC, CLCS Joins EPIC Insurance Brokers in Los Angeles

LOS ANGELES, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants announced today that risk management and insurance professional Brian Chu has joined the firm's operations in Southern California as a Vice President.
Victoria Dunn

United Fidelity Funding West, UFFWest, Hires Victoria Dunn as National Wholesale Account Executive

IRVINE, Calif. /California Newswire/ -- United Fidelity Funding West (UFFWest), a rapidly growing national mortgage banker, announced that it added Victoria Dunn to its wholesale lending team of account executives. "We are pleased to have been able to recruit someone with Victoria's proven background of successful execution and solution-oriented sales skill sets," stated John Bell, principal at UFFWest.
Cloudvirga COO Kyle Kamrooz

Cloudvirga Founder Kyle Kamrooz Accepted into Forbes Finance Council

IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(R), today announced that company co-founder Kyle Kamrooz has been accepted into the Forbes Finance Council, an invitation-only community for senior-level finance executives.
NotaryCam

NotaryCam Celebrates 100K Online Notarizations, Demos at National Settlement Services Summit (NS3) 2018

NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam, Inc. (NotaryCam) today announced that it has completed more than 100,000 online notarizations since introducing the service in 2012. To celebrate this milestone, NotaryCam will offer free demos of its eClose360 platform to attendees of the 2018 National Settlement Services Summit (NS3) being held June 6-8 at the Marriott Renaissance Center in Detroit.
Michael Rozbruch

Roz Strategies’ Tax Resolution Expert Michael Rozbruch Teaches Tax Pros How to Ramp Up Their Business

STUDIO CITY, Calif. /California Newswire/ -- An exclusive, interactive 4-hour live training for CPAs, EAs and attorneys - "The 7-Figure Tax Resolution Practice Blueprint" - is scheduled for June 28. This free training is hosted by tax resolution expert, Michael Rozbruch, founder of Roz Strategies. He'll show tax professionals how to start a tax resolution practice from scratch (like he did) or take an existing practice to the next level.

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