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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.
National Mortgage Professional names Mortgage Capital Trading a 2018 Top Mortgage Employer
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that National Mortgage Professional (NMP) magazine named the company to its 2018 'Top Mortgage Employers' list. MCT was one of only ten companies to be included in the Services Providers category.
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 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.
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.
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.
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.
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.
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, 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.
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 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.
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.
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.
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.
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 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.
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.
The Mortgage Collaborative Welcomes FundingShield to Preferred Partner Network
SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of FundingShield to its Preferred Partner network. FundingShield offers TMC members a pair of loan level verification services to protect lenders by assuring closing funds go to verified bank accounts belonging to licensed and authorized parties. FundingShield provides actionable intelligence to lenders while other services may provide data that you have to interpret.
