City: San Diego

San Diego News – business, entertainment and technology news from San Diego, California

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.

The Mortgage Collaborative (TMC) Adds Loan Vision to its Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of Loan Vision, a mortgage industry-specific financial management and accounting software provider, to its preferred partner network, giving its Lender Members access to the industry's premier accounting software.

Bank of Southern California N.A. (BCAL) Announces Third Quarter 2017 Results

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,088,043 for the third quarter of 2017, compared to $1,032,230 for the second quarter of 2017 and $642,186 for the third quarter of 2016. For the first nine months of 2017, net earnings were $2,830,295, compared to $2,106,775 for the first nine months of 2016.

MCT Trading Announces Complimentary Webinar Addressing Changes to FINRA ‘Mark to Market’ Rule

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it will be holding a complimentary educational webinar discussing many important changes to the Financial Industry Regulatory Authority (FINRA) Mark to Market Rule. The webinar, hosted by the Community Mortgage Lenders of America (CMLA), will guide lenders through all of the mandated rule changes in advance of the required implementation date of June 25, 2018.

The Mortgage Collaborative Welcomes FirstBank Mortgage as the First Reverse Lender to Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced a new partnership with reverse mortgage lender FirstBank Mortgage. The new relationship with FirstBank Mortgage's Senior Lending Division, adds the first lender specializing in reverse mortgage lending to The Mortgage Collaborative's preferred partner network.

Mortgage Capital Trading Integrates its MCTlive! with Fannie Mae’s Pricing & Execution Whole Loan Application

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced the release of new online functionality that automates the process of product selection and delivery of loan commitments directly to Fannie Mae for MCT's lender clients. The new solution, which was developed as part of MCT's ongoing technology collaboration with Fannie Mae, is called Rapid Commit(TM) and resides within MCT's award-winning secondary marketing platform, MCTlive!(TM).

MCT Trading’s Bulk Acquisition Manager Tech Achieves 100-Percent Investor Adoption

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has gained unprecedented industry-wide technology adoption among the investor aggregator community. MCT officially unveiled the Bulk Acquisition Manager(TM) (BAM) within its capital markets software platform, MCTlive!, in July of this year.

The Mortgage Collaborative Expands Metrics-Driven Lender Collaboration Lab Initiative

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, recently announced details surrounding the continued expansion of their Collaboration Lab initiative. Launched in the spring of 2017, TMC's Collaboration Labs offer their Lender Members the opportunity to participate in day and a half long "deep-dive" networking sessions with peers f similar size and scope.

Mortgage Capital Trading Again Named a ‘Best Place to Work’ in San Diego – Sixth Consecutive Year

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it earned a spot on the San Diego Business Journal's (SDBJ) Best Places to Work list for the sixth year in a row.

Certified Credit Reporting Joins Mortgage Collaborative Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced a new preferred partner relationship with national credit information service provider, Certified Credit Reporting. As a result of this new partnership, lender members of The Mortgagee Collaborative will receive discounted pricing on Certified Credit's suite of credit and verification services.

The Mortgage Collaborative (TMC) Welcomes Addition of ACS Accounting to Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced a new partnership with east-coast based CPA and advisory firm, ACS Accounting. The new relationship with ACS, adds another best-in-class tax and accounting firm to their preferred partner network.

The Mortgage Collaborative Names Rich Swerbinsky as its COO

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced it has promoted Rich Swerbinsky to the role of Chief Operating Officer. Having served as its executive vice president of national sales and strategic alliances since 2015, Rich Swerbinsky will now serve TMC as its COO.

The Mortgage Collaborative adds First Community Mortgage to its Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced a new preferred partnership with national correspondent investor and mortgage loan servicer, First Community Mortgage (FCM). The new relationship with FCM adds another best-in-class national correspondent investor to their preferred partner network.

Consumer Advocates for RCFE Reform (CARR) Awarded AARP Community Challenge 2017 Grant

SAN DIEGO, Calif. /California Newswire/ -- Consumer Advocates for RCFE Reform (CARR) is pleased to announce it has received an AARP Community Challenge Grant. AARP announced its grant recipients on its website on September 7, 2017. CARR is one of only 4 AARP's Community Challenge Grant recipients in California.

Mortgage Capital Trading named a Top 100 Fastest-Growing Private Company 2017 by San Diego Business Journal

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has again landed on the San Diego Business Journal's (SDBJ) 2017 Top 100 Fastest-Growing Private Companies list.

The Mortgage Collaborative welcomes Notarize to Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced a new partnership with Notarize, the nation's first entirely digital mortgage closing and remote notarization provider, adding them to the preferred partner network.

The Mortgage Collaborative Welcomes Addition of Strategic Compliance Partners (SCP) to Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced a new partnership with national compliance solutions provider, Strategic Compliance Partners. The new relationship with Strategic Compliance Partners adds another best-in-class mortgage compliance company to their preferred partner network.

California MBA Invites Phil Laren of MCT to Speak on at its New Mortgage Technology Conference

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its Director of MSR Services Phil Laren is scheduled to speak on a must-attend panel session. The panel will be hosted by the California Mortgage Bankers Association (CMBA) at their annual Loan Servicing and Technology Conference in San Diego Calif. from Aug. 6 to 8 at the Westin Hotel.

The Mortgage Collaborative Appoints Arthur Prieston CMB as Chair of its new Capital Markets Committee

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced that industry authority Arthur Prieston has been appointed chair of its newly formed Capital Markets Committee. In this role, Prieston will lead capital market engagements for the group's lender members.

The Mortgage Collaborative adds The Money Source as a Correspondent Investor to Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced a new partnership with national correspondent investor and mortgage loan servicer, The Money Source. The new relationship with The Money Source adds another best-in-class national correspondent investor to their preferred partner network.

Mortgage Capital Trading Welcomes Markets Veteran Bill Berliner as Director of Analytics

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that it has appointed Bill Berliner to the newly created position of director of analytics. In this role, he will take the lead to develop new products and services, enhance existing solutions, and help expand MCT's footprint as the preeminent industry-leader in secondary marketing capabilities for lender clients.

San Diego, Calif. County School Districts Continue Choosing Edupoint Synergy Online Registration

SAN DIEGO, Calif., /California Newswire/ -- Edupoint(R) Educational Systems, creator of the industry-leading Synergy(R) Education Platform for K-12 student information and learning management, has been selected by Dehesa School District, Julian Union School District, and Calexico Unified School District to implement Synergy Online Registration through their partnership with the San Diego County Office of Education (SDCOE), augmenting the districts' existing Synergy solutions.

Phil Rasori of MCT to Speak on Hedge Accounting at AMB User Conference

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that its COO, Phil Rasori, is scheduled to speak on a panel session hosted by Advantage Systems, Inc. at its third annual Accounting for Mortgage Banking (AMB) user conference.

MCT’s Chris Anderson to Co-Instruct MBA Webinar on ‘The Lock Desk’s Role in the Secondary Marketing Department’

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that it will be participating in an upcoming webinar that the Mortgage Bankers Association will be hosting on the topic of the business- critical role that lock desks play within secondary marketing departments.

The Mortgage Collaborative Partners with Mortgage Quality Management and Research, LLC to Provide Its Members New Tools

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced a strategic partnership with Mortgage Quality Management and Research, LLC ("MQMR"), a national leader in risk management and compliance services.

Arcus Biosciences selects ChemDiv as Sole Chemistry Provider for its Discovery Screening Collection

SAN DIEGO, Calif. /California Newswire/ -- ChemDiv Inc., a fully integrated California-based CRO, announced today that Arcus Biosciences selected ChemDiv as the sole source of molecules for Arcus's growing HTS screening collection. This collaboration, which utilized Arcus's medicinal chemistry knowledge and ChemDiv's computational and synthetic chemistry expertise, has resulted in the selection of several hundred thousand structures from which Arcus expects to identify starting points for several of the discovery programs in its portfolio.

Phil Rasori of MCT to Serve as Keynote Speaker at Illinois MBA Capital Markets Update

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that its COO, Phil Rasori, will be a key note speaker at the Illinois Mortgage Banking Association's Mortgage/Capital Market Update event on June 8, 2017. As a keynote speaker, Mr. Rasori will discuss topics that include hedging, pricing and servicing.

LaNette Holley Joins The Mortgage Collaborative as Director of Strategic Initiatives

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced the hiring of LaNette Holley as their Director of Strategic Initiatives. Holley comes to The Mortgage Collaborative with over 25 years of experience in the area of mortgage lending.

Jim Paul Joins Bank of Southern California, NA as VP at Del Mar Office

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that Jim Paul has joined the Bank as Vice President, Business Banking at the Del Mar Corporate office. He will primarily focus on building new client relationships for the bank.

Cara Krause Joins Mortgage Capital Trading’s Growing Sales Team

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that Cara Krause has joined the company as regional sales director. Ms. Krause will handle business development efforts and client management for new lender clients in the Northeast region of the country.

The Mortgage Collaborative Partners with Blend for Digital, Automated Platform

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced a partnership with Blend, a Silicon Valley technology company bringing mortgages into the modern age, to deliver a digital mortgage experience that is fast, simple and secure to its network of small, mid-sized, and community-based lenders.

The Mortgage Collaborative President David G. Kittle Issues Statement Supporting MBA GSE Reform Proposal

SAN DIEGO, Calif. /California Newswire/ -- On behalf of its network of lenders, David G. Kittle, CMB, president and vice chairman, The Mortgage Collaborative, has issued the following statement on the Mortgage Bankers Association's (MBA) release of its GSE Reform proposal, "GSE Reform: Creating a Sustainable, More Vibrant Secondary Mortgage Market":

Mortgage Capital Trading (MCT) and PCLender Integrate Solutions and Services

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that it has completed an integration between its secondary marketing solution and PCLender's loan origination system (LOS). The integration seamlessly transmits critical hedge pipeline data, saving time and enhancing information security.

Atlantic Coast Mortgage Selects ReverseVision RVX Loan Origination Software for HECM Division

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Atlantic Coast Mortgage (ACM) has selected RV Exchange (RVX) loan origination software (LOS) to support its new home-equity conversion mortgage (HECM) division.

Melyn Acasio Joins Bank of Southern California, N.A. at its Del Mar Corporate Office

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that Melyn Acasio has joined the Bank as Vice President, Client Relationship Manager at the Del Mar Corporate office. She will primarily focus on building new client relationships for the bank.

Marking Major Milestone, The Mortgage Collaborative Welcomes 100th Lender Member

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced today that the 100th lender member joined the organization, a milestone reached following their recent Winter Lender Member Conference in Scottsdale, Ariz.

Consumer Advocates for RCFE Reform Announces its First Corporate Sponsor, Grace Care Management

SAN DIEGO, Calif. /California Newswire/ -- Consumer Advocates for RCFE Reform (CARR) is pleased to announce Grace Care Management as CARR's first corporate sponsor. President and CEO Cindy Hasz stated, "Grace Care Management is pleased to support CARR's consumer advocacy work; it long overdue, and much needed by the growing numbers of seniors who are receiving assisted living placements in California."

Consumer Advocates for RCFE Reform (CARR) Awarded Grant for Age-Friendly Community Project

SAN DIEGO, Calif. /California Newswire/ -- Consumer Advocates for RCFE Reform (CARR) announced today that it is the recipient of a $30,000 grant funded by the Del Mar Healthcare Fund, through the Age Friendly Communities Program at the San Diego Foundation. The grant will move San Diego towards becoming an Age Friendly/Livable Community for All Ages, a designation of the World Health Organization and AARP.

Jeff Birdsell of ReverseVision Named to MPA Hot 100 for Advancing Reverse Mortgage Industry

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Vice President of Professional Services Jeff Birdsell, CMB, has been selected as one of Mortgage Professional America (MPA) magazine's 2017 Hot 100. Birdsell was recognized for his significant contributions to the reverse mortgage industry over a career that has spanned 25 years.

Bank of Southern California, NA Promotes Tony DiVita to Executive VP, Chief Banking Officer

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTCMKTS:BCAL / OTC Pink: BCAL) announced that Tony DiVita has been promoted to the role of Executive Vice President, Chief Banking Officer. In his expanded role, he will continue to oversee new business origination and customer retention efforts, the Small Business Administration (SBA) Group, and bank marketing.

Kelly Kelleher of ReverseVision Named Director of Corporate Marketing and Events

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc., the leading provider of software and technology for the reverse mortgage industry, today announced the promotion of Kelly Kelleher to the role of director of corporate marketing and events. In her new role, Kelleher will refine ReverseVision's brand identity to ensure it resonates with an evolving reverse mortgage marketplace.

National Mortgage Professional Names MCT’s Chris Anderson to its 2016 Top 40 Under 40 List

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), an industry leading hedge advisory firm and developer of MCTlive!(TM), the award-winning secondary marketing software suite, announced that its chief administrative officer, Chris Anderson, has been honored by National Mortgage Professional (NMP) magazine's 2016 on its "Top 40 Most Influential Mortgage Professionals Under 40 List."

ReverseVision Distributes Food to the Hungry with Jacobs & Cushman San Diego Food Bank

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision Inc., the leading provider of software and technology for the reverse mortgage industry, has teamed up with the San Diego Food Bank to help local residents in need. The Jacobs & Cushman San Diego Food Bank is the largest hunger-relief organization in San Diego County.

Banking Expert Rob Chrisman to Address Special Session at ReverseVision 2017 UserCon

SAN DIEGO, Calif., /California Newswire/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that mortgage industry expert Rob Chrisman will address attendees of RV UserCon 2017 as a special session speaker on February 9 in San Diego.

The Mortgage Collaborative Releases Aggressive 2016 Growth Data with $150B in Origination Volume

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the industry's premier mortgage cooperative, today released year-end data on its 2016 growth. "Adding 50 new lender members and 20 new Preferred Partners in 2016 met the aggressive goals established by our Board, and grew our aggregate origination volume to over $150 billion," said David G. Kittle, CMB, the Collaborative's President.

David G. Kittle, CMB, appointed President at The Mortgage Collaborative

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the appointment of David G. Kittle, CMB as its President said John M. Robbins, CMB, the corporation's Chairman.

Consumer Advocates for RCFE Reform Presents Paper at GSA’s 2016 Annual Scientific Meeting

SAN DIEGO, Calif. /California Newswire/ -- Christina L. Selder, Principal Investigator and co-founder of CARR (Consumer Advocates for RCFE Reform) presented in the Assisted Living Issues of Quality and Translations to Nursing Homes session of the Gerontological Society of America's (GSA) 2016 Annual Scientific Meeting being held November 16 - 20, 2016 in New Orleans, La.

Mortgage Capital Trading’s Enhancements to Industry-Leading Services Extends its Market Share

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), an industry leading hedge advisory firm and developer of MCTlive!(TM), the award-winning secondary marketing software suite, announced that it has added a number of new features to its best execution service offering. The enhancements outpace existing competitor offerings and position MCT to capture additional business among lenders.