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As Belize Becomes Recognized as a Top Destination for Travelers and Expats, Orchid Bay Presents a Prime Opportunity for Homeowners
SAN DIEGO, Calif. /California Newswire/ -- As many North Americans are purchasing vacation homes, and retirees are choosing to move to tropical destinations full-time or part-time, Belize is quickly becoming the top choice for home buyers, says Legacy Global Development.
Keep Our Seniors Safe Act Passes Senate Committee – CA Sentator Portantino’s SB 172
SAN DIEGO, Calif. /California Newswire/ -- Consumer Advocates for RCFE Reform (CARR) announces its collaboration and partnership with California State Senator Anthony Portantino (D, SD 25) in the drafting of Senate Bill 172 Firearms, enhancing safe storage protections for the two most vulnerable populations in our society: the elderly and children.
Legacy Global Development Announces Launch of its Paradise Retirement Plan at Orchid Bay, Belize
SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development today announced the launch of the Paradise Retirement Plan at its prestigious Orchid Bay, Belize property. As many North Americans are purchasing vacation homes prior to retirement, then choosing to live in their vacation home full-time after they retire, the Paradise Retirement Plan is a home ownership program customized to cater to this growing real estate trend.
Bank of Southern California NA Extends Loan Facility to San Diego’s NTC Foundation
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCA), a community business bank headquartered in San Diego, Calif., announced today that it has extended a loan facility to the NTC Foundation, a San Diego-based non-profit organization focused on creating a destination for arts and culture at the former Naval Training Center in San Diego.
ReverseVision Named to HousingWire Magazine’s Tech100 List of Top Housing Technology Companies for a Fourth Year
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 been named to HousingWire (HW) Magazine's Tech100 list of innovative housing technology companies for a fourth time. ReverseVision was previously named a HW Tech100 honoree in 2015, 2017 and 2018.
New Bungalow Homes at Orchid Bay, Belize Launched by Legacy Global Development
SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development today announced the launch of new Bungalows at its luxurious Orchid Bay, Belize property. Their Bungalows make owning a home in Belize accessible to a wider pool of potential buyers, as they offer the same quality as Orchid Bay's other homes at an incredible value. Additionally, Legacy is offering a financing option to the first six families who purchase a Bungalow, through its first-ever Paradise Payment Program.
MCT CMO Ian Miller Named a 2019 ‘Top 40 Most Influential Mortgage Professionals Under 40’ by NMP
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT) a leading mortgage hedge advisory and secondary marketing software firm, announced that its Chief Marketing Officer, Ian Miller, was recognized by National Mortgage Professional Magazine's (NMP) for his industry accomplishments, landing him on the 2019 'Top 40 Most Influential Mortgage Professionals Under 40' list.
The Mortgage Collaborative Adds 3 New Board Members, 45 Lender Members and Grows Attendance at 2019 Winter Conference
SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, a fast-growing independent mortgage cooperative of banks, credit unions and mortgage bankers, continues growth initiatives by adding three new mortgage executives to its Board of Directors. The new board members were voted in at their bi-annual member conference held in Austin, Texas.
Mortgage Capital Trading (MCT) Scores High Marks in Satisfaction, Lender Loyalty, and Functionality Effectiveness According to Recent Study by STRATMOR Group
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that the 2018 STRATMOR Technology Insight Study rated MCT as the leader in overall satisfaction, lender loyalty, and functionality effectiveness in the production pipeline hedging industry, according to survey respondents.
Magnifi Group and BESPA Global Host 2019 Lower Extremity IEP Fellows and Young Surgeons’ Course
SAN DIEGO, Calif. /California Newswire/ -- Lower Extremity Fellows, Residents and Young Surgeons from leading US Orthopaedic and Podiatric Surgery Centers and Hospitals will attend the 2nd annual Lower Extremity IEP Fellows & Young Surgeons' Course, to be held in Denver, Colo., May 3 - 5, 2019, Magnifi Group announced today.
Bank of Southern California, N.A. Announces Q4-2018 and Year End Financial Results
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL) announced quarterly net income of $2.0 million for the fourth quarter of 2018, compared to $875 thousand in the third quarter of 2018 and $1.1 million for the fourth quarter of 2017. For the year ended December 31, 2018, net income was $5.3 million compared to $4.0 million for the year ended December 31, 2017.
Bank of Southern California, NA Names Scott Yates as Regional Managing Director
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 expanded its business development team with the appointment of Scott Yates as Group Managing Director of Branch Sales and Deposit Origination. He will be responsible for leading the branch banking group in their efforts to grow the bank's core deposits, deepening existing client relationships and originating new client relationships.
Legacy Global Development Announces Phase 2 of Orchid Bay, Belize Beachfront Condos Project for 2019
SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development today announced the launch of its Phase 2 expansion for its Orchid Bay, Belize property. Phase 2 will include the construction of Tower-C, which will feature six ultra-luxurious Beachfront Condominiums. Architecture is being done by Zurcher Arquitectos, with interior design being handled by its sister company, Zurcher Interiors.
Bank of Southern California, N.A. Names John E. Chung as Group Managing Director
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 appointment of John Chung as Group Managing Director of Business Banking. He will be responsible for leading the team's impact of meeting the banking needs of small to medium sized businesses throughout Southern California.
Bank of Southern California, N.A. Names Bill Lamison VP, Underwriter
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has announced the appointment of Bill Lamison as Vice President, Underwriter. He will join the company's established business banking team and will be responsible for structuring, analyzing and underwriting commercial credit for new clients as well as managing an existing portfolio of customers.
MCT’s Danyel Shipley Honored as one of Mortgage Banking’s Most Powerful Women for 2018 by NMP Magazine
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that long-time employee Danyel Shipley was name to National Mortgage Professional Magazine's (NMP) 2018 list of Mortgage Banking's Most Powerful Women.
The Mortgage Collaborative Adds 44 New Lender Members in 2018, Now Growing Staff to Serve 2019 Expansion
SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the mortgage industry's only independent cooperative, today announced it added 44 new lender member companies in 2018, its strongest year ever for new member growth. To help support the significant growth of their network, TMC has also added Sarah Oldani and Jennifer Haning to their staff.
Bank of Southern California Adds Joshua Mello, Managing Director, in San Diego
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 appointment of Joshua Mello as Managing Director. He will be responsible for developing and managing a portfolio of commercial clients in the greater San Diego region.
Bank of Southern California, N.A. Hires Pamela Marble as Managing Director in Orange County CA
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 appointment of Pamela Marble as Managing Director in Orange County. In this role, she will be responsible for business development and client relationship management.
8th Annual Spine IEP Fellows and Young Surgeons’ Course in S.F. Sets Record Attendance
SAN DIEGO, Calif. /California Newswire/ -- Magnifi Group Inc. reported a record number of Spine Fellows and Young Surgeons from top spine centers and hospitals across the U.S. in attendance at the 8th Annual Spine IEP Fellows and Young Surgeons' Course in San Francisco, Calif., on November 16-18, 2018.
Consumer Advocates for RCFE Reform (CARR) Welcomes New Board Member, Ms. Susan Valoff
SAN DIEGO, Calif. /California Newswire/ -- Consumer Advocates for RCFE Reform (CARR) is pleased to welcome Ms. Susan Valoff as its newest member of the Board of Directors. Ms. Valoff was installed in this role at the organization's last board meeting on 14 November 2018.
Magnifi Group Joins the WYSE Travel Confederation to serve the Student and Youth Travel Industry
SAN DIEGO, Calif. /California Newswire/ -- Magnifi Group, a leading provider of educational technology solutions, has joined membership of the WYSE Travel Confederation. WYSE Travel Confederation is a world-renowned not-for-profit organization serving the youth, student, and education travel industry. WYSE membership enables Magnifi to serve the Student and Youth Travel Industry with its state-of-the-art eLearning platform, Learn-WiseGo.
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.
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.
Mortgage Capital Trading to Secure Sensitive Borrower Data Exposed in 90 Percent of Secondary Market Transactions
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it is incorporating the company's patent-pending geocoding technology into its Bid Auction Manager(TM) (BAM) whole loan trading platform in order to shield borrower addresses from being shared with non-buying entities throughout the whole loan bidding process.
Magnifi Group Inc. Announces eLearning Platform Integration with Med World Live Video Platform
SAN DIEGO, Calif. /California Newswire/ -- Magnifi Group, Inc. has announced the release of an Application Program Interface (API) between its eLearning Learn-WiseGo platform and the Med World Live video delivery platform. This integration allows authorized sales trainees to view Med World Live videos directly in their Learn-WiseGo content library.
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.
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.
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.
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.
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.
ReverseVision Expands Support for its Proprietary Reverse Mortgage Technology Products
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that it is offering a combination of enhanced software functionality and professional services to help mortgage lenders launch proprietary reverse mortgage products.
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.
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.
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.
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, 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.
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.
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.
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.
New Mobile Arcade Game Flying Fu, from Accio Motion, is family-friendly martial arts designed to test your patience
SAN DIEGO, Calif. /California Newswire/ -- Accio Motion LLC, a rising star in the production and publishing of mobile games, announced today the release of its new family friendly martial arts game: Flying Fu. Available now on the App Store and Google Play.
Magnifi Group Inc. to Host its 5th Annual European Learn-Wise User Conference in Frankfurt
SAN DIEGO, Calif. /California Newswire/ -- Magnifi Group will hold its 5th annual Learn-Wise European User's Conference, June 6, 2018 in Frankfurt. The European User's Conference is dedicated to the unique training and compliance needs of European medical device companies.
San Diego Education Leaders & Students Support SAT During The School Day
SAN DIEGO, Calif. /California Newswire/ -- Today, San Diego area education leaders and students came together at Kearny High School in San Diego to push for college admissions tests like the SAT to be offered – as an alternative to state standardized tests – during the school day through the Pathways to College Act, currently moving through the California State Legislature.
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.
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.
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.
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.
The Mortgage Collaborative Welcomes Partners Credit & Verification Solutions to Preferred Partner Network
SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of credit and verification solutions firm Partners Credit & Verification Solutions to its Preferred Partner network. Partners Credit offers TMC members a suite of comprehensive and customized credit related products and services.
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.
Inaugural Annual Lower Extremity IEP Fellows and Young Surgeons Course hosted by Magnifi Group and Bespa Global
SAN DIEGO, Calif. /California Newswire/ -- Lower Extremity Fellows, Residents and Young Surgeons from leading U.S. Orthopaedic Centers and Hospitals will attend the 1st annual Lower Extremity IEP Fellows & Young Surgeons Course, to be held in Austin, Texas, May 18-20, 2018, Magnifi Group announced today.
