CA Finance

CA Finance

CA Finance

CA Finance
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.
Rose Nordbrock joins EPIC in LA

Rose Nordbrock, Jeff Breskin, Pabla Barros and Jose Fuentes Join EPIC Insurance in Los Angeles

LOS ANGELES, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants announced today that risk management and insurance professionals Rose Nordbrock, Jeff Breskin, Pabla Barros and Jose Fuentes have joined the firm's operations in Southern California.
Gaylin Anderson joins Bank So Cal

Bank of Southern California, N.A. Hires Market Executive Gaylin Anderson to Grow Bank’s Los Angeles Presence

LOS ANGELES, 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 Gaylin Anderson has joined the company as Executive Vice President, Market Executive in Southern California. He will be responsible for leading Bank of Southern California's regional presence by actively seeking new business opportunities while expanding upon current relationships.
DocMagic Opens High-Tech Print Fulfillment Supercenter

Guaranteed Rate Partners with DocMagic to Cut Closing Time in Loan Document Prep

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that retail mortgage lender Guaranteed Rate can now cut closing time by electronically signing mortgage closing documents in advance.
CLOUDVIRGA

Cloudvirga Raises $50 Million Series-C Funding to Deliver Digital Mortgage Technologies

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 the closing of a $50-million Series C funding round led by private-equity firm Riverwood Capital with ongoing participation from Upfront Ventures.
MQMR President Michael Steer

MQMR Counsels Mortgage Lenders to Increase Internal Audit Frequency to Safeguard Secondary Market Activities

LOS ANGELES, Calif. /California Newswire/ -- Mortgage Quality Management and Research, LLC (MQMR) President Michael Steer today advised lenders to increase the frequency with which they conduct their internal audits to ensure secondary market activities and relationships are not negatively impacted by undiscovered risks.
Sean Conrad joins EPIC in Irvine

EPIC Adds Sean Conrad in Irvine as Southern California Principal

IRVINE, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants announced today that risk management and insurance professional Sean Conrad has joined the firm's operations in Southern California as a principal. e will partner collaboratively with Jim Gillette, president of the company's Pacific South Region, and Irvine Managing Principal and Branch Leader Tony D'Asaro.
Bank of Southern California

Bank of Southern California, NA (BCAL) Announces its First Quarter 2018 Results

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,072,303 for the first quarter of 2018, a 51% increase compared to $710,022 for the first quarter of 2017. Results for the quarter ended March 31, 2018, include approximately $320 thousand in expenses related to the pending acquisition of Americas United Bank (OTC Pink: AUNB). As previously announced, the Bank also completed a private placement offering of common stock of approximately $26 million during March 2018.
EPIC Insurance

ACEC Business Insurance Trust appoints Greyling/EPIC as New Broker and Program Administrator

SAN FRANCISCO, Calif. /California Newswire/ -- The Trustees of the American Council of Engineering Companies (ACEC) Business Insurance Trust (BIT) and EPIC Insurance Brokers & Consultants announced today that Greyling Insurance Brokerage & Risk Consulting - a division of EPIC was selected as the broker and program administrator for the ACEC BIT Program effective January 1, 2018.
ReverseVision

ReverseVision and Allegiant Reverse Services Partner to Simplify HECM Loan Title Ordering

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced a partnership with Allegiant Reverse Services (ARS), a full-service title and settlement company with an exclusive focus on reverse mortgage closings.
CLOUDVIRGA

Cloudvirga Adds Award-Winning Appraisal Order Management from Mercury Network to Its Digital Mortgage POS Platform

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 its completion of a fully automated, lights-out integration with Mercury Network, part of CoreLogic (NYSE: CLGX) and one of the industry's largest appraisal order management platforms.
Attorney Shaz Kojouri

Matic Marks Commitment to Compliance, Adds Attorney Shaz Kojouri to Management Team

SHERMAN OAKS, Calif. /California Newswire/ -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced it has tapped Shahrzad "Shaz" Kojouri as vice president of legal and compliance.
Veros and IDS Partner

Veros and IDS Partner for an Integrated Solution for Fannie Mae and Freddie Mac UCD Data Submissions

SANTA ANA, Calif. /California Newswire/ -- Veros Real Estate Solutions (Veros), a leading developer of enterprise risk management, collateral valuation, and predictive analytics services, and mortgage document preparation vendor International Document Services, Inc. (IDS) announced today that they have partnered to provide lenders with a fully integrated automated delivery solution for submitting the Uniform Closing Dataset (UCD) to the Government Sponsored Enterprises (GSEs).
Wendy Peel

ReverseVision VP of Sales and Marketing Wendy Peel Honored as a 2018 MBA Insights Tech All-Star

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced today that Vice President of Sales and Marketing Wendy Peel has been honored with the MBA Insights 2018 Tech All-Star Award.
MQMR President Michael Steer

MQMR Advises U.S. Mortgage Lenders to Supplement Resources for Compliance Guidance

LOS ANGELES, Calif. /California Newswire/ -- Mortgage Quality Management and Research, LLC (MQMR) President Michael Steer today urged lenders to seek additional resources for compliance advice to ensure total compliance with regulatory requirements.
Cloudvirga COO Kyle Kamrooz

Cloudvirga and Freddie Mac to Deliver a Better Borrower Experience and Maximize Fungibility

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 launched single-click submission of loan data to both GSEs' automated underwriting systems (AUS) in a collaborative effort with Freddie Mac, delivering on the industry need for greater transactional ease.
Steve Denton of EPIC

Steve Denton Named President of EPIC Holdings Inc.

SAN FRANCISCO, Calif. /California Newswire/ -- EPIC (Edgewood Partners Insurance Center dba EPIC Insurance Brokers and Consultants) today announced the addition of insurance industry veteran Steve Denton as President of its parent company EPIC Holdings, Inc. reporting to EPIC Holdings CEO John Hahn. Denton will join EPIC as of May 1, 2018.
Bank of Southern California

Bank of Southern California, N.A. Expands Team to Serve Orange County and Los Angeles Region

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 the hiring of two seasoned banking and lending professionals to further support the Bank's expansion in Southern California.
MortgageHippo

MortgageHippo Picks Matic for Integrated Homeowner’s Insurance That Helps Consumers and Lenders Save Money

SHERMAN OAKS, Calif. /California Newswire/ -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced the availability of its one-click "get quote" button within MortgageHippo, a cloud-based digital mortgage platform that guides consumers through a modern, lender-branded borrowing experience.
Bank of Southern California

Bank of Southern California, N.A. Completes $26M Capital Offering (BCAL)

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL) today announced the completion of a capital raise of approximately $26 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price of $14.75 per share.
DOCMAGIC

Deutsche Bank Implements DocMagic eVault Technology for eMortgages

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Deutsche Bank has successfully implemented and is actively utilizing its proprietary eVault technology.
CLOUDVIRGA

Cloudvirga Updates Enterprise Mortgage POS Platform to Raise the Digital Mortgage Bar

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 a major update to the Cloudvirga Enterprise POS. New features designed to improve lender speed, compliance and productivity will make the platform's 4.0 release the most robust POS solution on the market.
MQMR Harris and Alderton

Two Mortgage Quality Management and Research Employees Selected as MBA, California MBA Future Leaders

LOS ANGELES, Calif. /California Newswire/ -- Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that two employees from the MQMR family of companies have been selected to participate in executive leadership development programs sponsored by the national Mortgage Bankers Association (MBA) and the California Mortgage Bankers Association.
CLOUDVIRGA

New Mobile App from Cloudvirga Connects Loan Officers and Realtors on Its Digital Mortgage Platform

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 the launch of a new mobile app that will enable real estate agents to collaborate with mortgage loan officers in real time. This native mobile app allows instantaneous and secure exchange of loan documents and communication between real estate agents and loan teams for a faster, more efficient mortgage experience.
Bank of Southern California

Bank of Southern California, N.A. Welcomes Phillip Mulder and Billy Szeto to Its Commercial Real Estate and SBA Group

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. ( OTC Pink: BCAL / OTCMKTS:BCAL ), a community business bank headquartered in San Diego, Calif., announces the addition of two tenured Business Development Officers to support the company's continued expansion into the Southern California region.
ReverseVision

ReverseVision 2018 Third Annual User Conference Equips New and Experienced HECM Lenders with Data-Driven Insights

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, attracted a record crowd of industry newcomers to its third annual user conference February 6-8 at the Kona Kai Resort and Spa in San Diego.
Bank of Southern California

San Diego’s Bank of Southern California NA Recognized as a Top Small Business Lender

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced it was awarded two top small business lending partner awards in the medium sized bank category by the San Diego District Office of the U.S. Small Business Administration based on the largest quantity and dollar volume of SBA 7(a) loans originated. The rankings reflect the SBA's fiscal year-end results as of September 30, 2017. These accolades follow the bank's recognition by the SBA as the top performing small business lending partner for medium sized banks in 2016.
DataVerify and ReverseVision

ReverseVision Partners with DataVerify to Help HECM Lenders Reduce Risk and Improve Loan Quality

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced the availability of DataVerify's DRIVE(R) verification platform within ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS). DRIVE helps lenders improve efficiency and reduce repurchase risk by monitoring changes to borrower identity, loan application, and property data throughout the origination process.
Mortgage Quality Management

MQMR – Mortgage Risk Management and Compliance Vendor Grows Sixth Consecutive Year Serving Lenders and Servicers

LOS ANGELES, Calif. /California Newswire/ -- Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that 2017 was a banner year for the company, marked by the launch of two new auditing programs and the addition of senior-level staff members.
EPIC Power Brokers

EPIC Insurance’s Suzanne McGarey, Matias Ormaza and Louis Hefter Honored as 2018 Risk & Insurance ‘Power Brokers’

SAN FRANCISCO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Managing Principal Suzanne McGarey and Senior Vice President Matias Ormaza have been recognized as 2018 Power Brokers by Risk & Insurance Magazine. Principal Louis Hefter was named a finalist.
Amanda Conover as VP, Director of Marketing

Bank of Southern California, N.A. (BCAL) Announces Amanda Conover as VP, Director of Marketing

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. ( OTC Pink: BCAL / OTCMKTS:BCAL ), a community business bank headquartered in San Diego, Calif., has named Amanda Conover as Vice President, Director of Marketing. She will be responsible for developing and executing a strategic marketing plan that strengthens brand awareness and drives growth, further supporting the Bank's efforts to increase its presence as it continues its expansion in the Southern California region.
Matic Insurance and RoundPoint

Matic Insurance and RoundPoint Automate Homeowner Insurance for Mortgage Servicing and Home Buyers

SHERMAN OAKS, Calif. /California Newswire/ -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced a wide-ranging integration with RoundPoint Mortgage Servicing Corporation (RoundPoint), a mortgage loan originator and one of the nation's largest non-bank mortgage servicing companies. The integration will make Matic's one-click "get quote" button available to both customers and employees of RoundPoint.
Matic Insurance

Matic Insurance and Mortgage Professionals Providing Hope Challenge Lenders to Help Families Achieve Affordable Housing

SHERMAN OAKS, Calif. /California Newswire/ -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, is calling on mortgage lenders, realtors and insurance providers nationwide to support Housed & Hopeful, a public/private partnership with non-profit Mortgage Professionals Providing Hope (MPPH) that aims to house America's homeless families.
Bank of Southern California and AUB

Americas United Bank and Bank of Southern California NA Announce Merger

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A., San Diego, Calif. (OTC Pink: BCAL / OTCMKTS:BCAL) and Americas United Bank, Glendale, Calif. (OTC Pink: AUNB), today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby Americas United Bank will merge with and into Bank of Southern California. The merger is subject to customary closing conditions, including the receipt of all regulatory approvals and the approval of the shareholders of AUB and BCAL, and is expected to close in the third quarter of 2018.
Mitchell Nomura

Mitchell Nomura named an Internal Audit Manager at Mortgage Quality Management and Research LLC

LOS ANGELES, Calif. /California Newswire/ -- Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, announced it has hired Mitchell Nomura as internal audit manager. In this role, Nomura will apply his more than 30 years of experience overseeing compliance and risk management departments at bank and non-bank lenders to leading MQMR's team of expert internal auditors as they identify compliance and operational risks for mortgage lender clients.
Global DMS Launches EVO-Commercial

Global DMS Launches EVO-Commercial, a Next-Generation Valuation Management Software Platform

SAN DIEGO, Calif. /California Newswire/ -- Global DMS, a leading provider of cloud-based valuation management software, announced that it launched EVO-Commercial(TM) (EVO-C) at the MBA's CREF/Multifamily Housing Convention & Expo being held in San Diego from February 11 - 14. The new platform is 100 percent configurable, fully customizable, quick and easy to implement, eliminates numerous steps in the workflow process, lowers system maintenance costs and empowers end-users as well as management teams, among many other efficiency gains.
Bank of Southern California

Bank of Southern California, N.A. (BCAL) Announces its Fourth Quarter and Year-end 2017 Results

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,134,397 for the fourth quarter of 2017, compared to $1,088,043 for the third quarter of 2017 and $902,476 for the fourth quarter of 2016. For the year, net earnings were $3,964,692 in 2017, a 32% increase compared to $3,009,251 for 2016. Results for the fourth quarter and year ended December 2017 include a $200,000 increase in income tax expense due to recent Tax Reform legislation.
Suzannah Gill

EPIC Insurance Brokers’ Suzannah Gill Named a 2018 Rising Star in Advising by Employee Benefit Adviser

SAN FRANCISCO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Benefits Strategy Consultant Suzannah Gill has been recognized as a 2018 Rising Star in Advising by Employee Benefit Adviser. Although she was the firm's youngest producer when she joined EPIC, Gill quickly became known as a company and industry thought leader.
Subsequent QC, LLC

MQMR’s Subsequent QC LLC Urges Lenders to Protect MSRs Ahead of 2018 Mortgage Servicing Activity

LOS ANGELES, Calif. /California Newswire/ -- Subsequent QC, LLC (SQC) President Michael Steer today advised lenders to take steps to protect their Mortgage Servicing Rights (MSR) assets ahead of an anticipated increase in total mortgage servicing volume. According to the Mortgage Bankers Association, outstanding mortgage debt is expected to reach $10.4 trillion by the end of 2018, compared to $10 trillion in 2017 and $9.7 trillion in 2016.
DOCMAGIC

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.
Assemblymember Kevin McCarty

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.
BCAL Commercial Real Estate lending

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.
iEmergent offers TMC members market-based forecasts

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.
EPIC Insurance Brokers

EPIC Insurance Adds Philip Westphal in Sacramento-based Healthcare Practice

SACRAMENTO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants announced today that risk management and insurance professional Philip Westphal has joined the firm's commercial property/casualty team in Sacramento, Calif. as a Risk Advisor/Broker in EPIC's Healthcare Practice. Westphal will report to Managing Principal and Healthcare Practice Co-leader, Tom McCready.
Kathy Gonzales

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.
Mortgage Quality Management

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.
Matic Insurance

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.
CLOUDVIRGA

Cloudvirga Closes Record Year with Customers of Its Digital Mortgage Platform Producing Over $100B in Loan Volume

IRVINE, Calif. /California Newswire/ -- Cloudvirga CEO Michael Schreck is on a mission to help mortgage lenders reinvent the mortgage factory. A developer of intelligent mortgage point-of-sale platforms, Cloudvirga gives consumers and loan officers a digital mortgage experience and helps lenders grow market share by automating the mortgage back office, saving them up to $1,500 a loan.
Sean McEvoy

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.
Bank of Southern California, N.A.

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.
EPIC and Ascende

EPIC Insurance Brokers and Qualified Plan Advisors Announce Collaboration Agreement

SAN FRANCISCO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, the retail property and casualty insurance brokerage and employee benefits consulting subsidiary of EPIC Holdings, announced today a collaboration agreement between EPIC's Houston-based Ascende Wealth Advisors, Inc. (AWAI) and Qualified Plan Advisors (QPA), a division of Prime Capital Investment Advisors. QPA is a federally regulated investment advisor with more than 30 years of specialized expertise in 401k planning advisory services and private wealth management advisory services.
Cloudvirga COO Kyle Kamrooz

Cloudvirga Co-founder Kyle Kamrooz Named to 2017 NMP 40 Most Influential Mortgage Professionals Under 40

IRVINE, Calif. /California Newswire/ -- Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, today announced that its co-founder and Chief Strategy Officer Kyle Kamrooz has been named one of National Mortgage Professional magazine's 40 Most Influential Mortgage Professionals Under 40.
Matic Insurance Founder Benjamin Madick

Benjamin Madick, Matic COO, Named One of National Mortgage Professional Magazine’s 40 Most Influential Mortgage Professionals Under 40

SHERMAN OAKS, Calif. /California Newswire/ -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today that company co-founder and COO Benjamin Madick has been named one of National Mortgage Professional magazine's "40 most influential mortgage professionals under 40."
Jim Magner and Stacey Lund

ReverseVision Adds to Senior Management Team, Names Jim Magner CTO and Stacey Lund VP of Operations

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has added new Chief Technology Officer (CTO) Jim Magner and Vice President of Operations Stacey Lund to its senior management team.
The Mortgage Collaborative

The Mortgage Collaborative Adds FullCircle Placements to Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of FullCircle Placements to its Preferred Partner network. FullCircle will be the first mortgage-centric recruiting and placement service provider within TMC's network.
Jim Portner Joins FinTech Innovator, CLOUDVIRGA

Jim Portner Joins FinTech Innovator, CLOUDVIRGA, as Chief Product Officer

IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has hired Jim Portner as chief product officer. Portner will report to Cloudvirga CEO Michael Schreck and will oversee product strategy, development and marketing for the company's digital mortgage automation platforms.
The Mortgage Collaborative (TMC)

The Mortgage Collaborative Adds United Capital Markets to Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of United Capital Markets, Inc. (UCM), the mortgage industry's leading outsource provider of dynamic MSR hedging. UCM will provide TMC Lender Members strategic advice to bank-owned and private mortgage companies focusing on MSR investment strategies, balance sheet optimization and the capital stack.

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