CA Business

California Business News

Lloyd A. Schmidt Elevated to Shareholder at Hoge Fenton in San Jose

SAN JOSE, Calif. /California Newswire/ -- Hoge Fenton is pleased to announce that, effective July 1, 2018, attorney Lloyd A. Schmidt was elevated to the status of shareholder. Hoge Fenton is a multi-service law firm headquartered in Silicon Valley, with highly focused practitioners.

Gordon Brush Mfg. Co. Wins 2018 ‘MADE: In America Award’ for Manufacturing in the USA

LOS ANGELES, Calif. /California Newswire/ -- Gordon Brush Mfg. Co., Inc. announced today that the Company is the 2018 winner of the MADE: In America Award. The award will be presented on July 3 on Capitol Hill in Washington, D.C., to company President and CEO Ken Rakusin.

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.

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

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

SureCoat Roof System is More Than Green, It’s Waterproof Roof Repair without Construction, says Pacific Roofing Systems

DANA POINT, Calif. /California Newswire/ -- Repairing chronic roof leaks due to poor home construction without doing a tear-off or further construction takes innovation, ingenuity, skill, and in this case, the right product line up, says Pacific Roofing Systems. Pacific met the "construction-less" challenge to repair 2,000 square feet of spudded rock flat roofing and sloped metal roofing on a private Laguna Beach residence by instead proposing the use of a unique formulated monolithic liquid single-ply waterproof roof system known as the SureCoat Roof System.

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.

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.

DocMagic Integrates eSign Technology with MortgageHippo Digital Lending Platform

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, and MortgageHippo, a Fintech-driven digital lending platform, announced a seamless eSign integration between their two platforms.

Carl Gibson to head new WMH Corporation Sacramento Office

SAN JOSE, Calif. /California Newswire/ -- Please join us in welcoming Carl Gibson III to WMH Corporation. Carl will be serving as one of the key transportation leaders in expanding WMH throughout California. His responsibilities will include managing the new Sacramento office, broadening our client base, and mentoring junior staff in their professional development.

DocMagic Staff Join Together to Support Fourth Annual US Red Nose Day Fundraising Campaign

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that on Thursday, May 24, the entire company participated in Red Nose Day - an effort to help end child poverty both in the U.S. and in some of the poorest communities in the world. Red Noses can still be purchased from Walgreens retail outlets through June 2, 2018 in support of the fundraising campaign.

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.

MAGLITE Helps Sponsor The American Veterans Center and 2018 National Memorial Day Parade in DC

ONTARIO, Calif. /California Newswire/ -- MAG Instrument, Inc., (MAG) has entered into a sponsorship agreement with The American Veterans Center and National Memorial Day Parade to provide resources for the organization and its programs. Among these efforts MAG will assist veterans to attend and be honored at the annual event.

Smart Cities Prevail Launches California TV and Online Campaign On Prevailing Wage Laws

SACRAMENTO, Calif. /California Newswire/ -- Smart Cities Prevail today released a series of new TV advertisements on prevailing wage laws, part of a multi-state public information campaign launching in California and New Mexico. "Rebuilding America" highlights the important role that prevailing wage laws play in promoting local hiring and higher quality workmanship on schools, roads and other public projects.

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.

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.
NotaryCam

NotaryCam Honors US Military Vets and Service Members with Complimentary Notarizations During Memorial Day Holiday

NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam, Inc. today announced the return of its annual "Help a Hero" initiative. This Memorial Day weekend from Friday, May 25, through Monday, May 28, 2018, NotaryCam will honor those who have served by offering no-cost online notarization sessions to United States military veterans and service members.
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.

MAGLITE Flashlight Wins 2018 National Hardware American Manufacturing Award for ‘Best New Product’

ONTARIO, Calif. /California Newswire/ -- MAG Instrument Inc. (MAG), the world leader in flashlight technology, has been awarded the National Hardware American Manufacturing Award for Best New Product for the second year in a row. The award was presented to MAG by John Lederer with the National Hardware Show (NHS) and Marcie Gabor of the Made In USA Brand. The Maglite ML150LR LED Rechargeable Flashlight System was selected out of eight finalists to receive the award.

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.

MAG Instrument, Inc. Highlights New Products and support of American Manufacturing at 2018 National Hardware Show

ONTARIO, Calif. /California Newswire/ -- MAG Instrument, Inc. will once again be a major sponsor of the National Hardware Show and demonstrate its commitment to American manufacturing being the Co-Title Sponsor of the "MADE IN USA Pavilion." MAG is committed to making its products in the U.S.A. and educating consumers as to the quality and craftsmanship that separate U.S. products from those made overseas.

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.

Delta Care Rx named a Top 10 Pharmacy Management Solution Provider

FREMONT, Calif. /California Newswire/ -- Delta Care Rx, a leading pharmaceutical innovator in end of life care, has been named one of the "Top 10 Pharmacy Management Solution Providers of 2018," according to Healthcare Tech Outlook, a digital and print magazine publication of Valley Media, Inc.

Absolute Trust Counsel, Northern Calif. Lawfirm, Launches Podcast, ‘Absolute Trust Talk’

WALNUT CREEK, Calif. /California Newswire/ -- Greater Bay Area estate planning firm Absolute Trust Counsel announces the launch of the Absolute Trust Talk podcast. Absolute Trust Talk launches as a new avenue to educate clients and prospects on a wide variety of trending business and financial wellness topics and how they can make better-informed decisions when planning for the future.

Lion’s Heart Nonprofit Appoints New Executive Director, Becca Tankersley

IRVINE, Calif. /California Newswire/ -- Lion's Heart announced today that its Board of Directors has named Becca Tankersley as the organization's next Executive Director effective June 11, 2018. She will work in partnership with the Lion's Heart Board of Directors, staff, volunteers, and community partners to lead the organization forward in creating innovative paths for teens to connect with local volunteer opportunities.
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.

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 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).

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

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.

KINONA Names Nathan Boroff to Board of Advisors of Women’s Golf Apparel Company

LOS ANGELES, Calif. /California Newswire/ -- KINONA, a collection of flattering, modern women's golf apparel designed to bring feminine sensibility to women's golf, announced today that Nathan Boroff, former TravisMathew Apparel CFO, has joined its Board of Advisors.

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.

Film Tech Guru Patrick Macdonald-King Joins Hyperion Media Group as Strategic Advisor

HOLLYWOOD, Calif. /California Newswire/ -- Exiting his role as Prime Focus Technologies President after completing his earn out and roll-out of the company's award-winning DAX Platform, Patrick Macdonald-King has agreed to join the Advisory Board of film and tech finance firm Hyperion Media Group to help create a fund focused on content, and the intersection of content and technology.

Gordon Brush Mfg Co. Wins 2018 ABMA William A. Cordes Innovation Excellence Award for ‘PlateScrape’

CITY OF INDUSTRY, Calif. /California Newswire/ -- Gordon Brush Mfg. Co. worked with the inventors of the PlateScrape to create an environmentally friendly, revolutionary, new, effective, and simple way to pre-sanitize dirty plates in restaurants, hotels, convention centers, and banquet halls.

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.

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.

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.

Conegliano Valdobbiadene Prosecco Superiore DOCG Announces New US Campaign Promoting Wines from Italy

SAN FRANCISCO, Calif. /California Newswire/ -- The Conegliano Valdobbiadene Prosecco Superiore D.O.C.G. announces that Charles Communications Associates is now their agency of record for the United States. The Consortium is a private body created to represent vine-growers, winemaking companies and bottlers from Conegliano Valdobbiadene and to safeguard the standards of the D.O.C.G. criteria in crafting wines of the highest quality and distinct provenance.
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.

Grand Opening: New Matcha Dessert Shop ‘Matcha cha’ Comes to Sawtelle in Los Angeles

LOS ANGELES, Calif. /California Newswire/ -- Lovely and yummy, Matcha dessert shop "Matcha cha" with its signature Matcha soft-serve ice cream is making Sawtelle debut on March 31, 2018. Enjoy the authentic Matcha flavor delivered from Kyoto, Japan!

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.

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.

Gallo LLP Files first New Consumer Claims Against Google (GOOGL) Following Revision of Gmail Architecture

SAN RAFAEL, Calif. /California Newswire/ -- San Francisco Bay Area law firm Gallo LLP has filed the first of what it predicts could be thousands of individual damages cases against Google based on the same misconduct alleged in Matera v. Google, Case No. 15-CV-04062-LHK. Acting for a class of consumers who never signed up for Gmail (but nevertheless had their email scanned by Google), the Matera plaintiffs sought injunctive relief under the federal Electronic Communications Privacy Act (the "Wiretap Act") and California Invasion of Privacy Act ("CIPA").

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.

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.

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.

Trial Attorney and Senior Litigator Eugene Ashley Joins Hoge Fenton in California

SAN JOSE, Calif. /California Newswire/ -- Hoge Fenton is pleased to announce that Eugene "Geno" Ashley has joined the firm's Business Litigation group. A senior litigator and trial attorney, Geno, a former Hopkins & Carley shareholder, brings a wealth of litigation and trial experience to Hoge Fenton.

Exclusive Travel Site – Travel Transparency – Gives Members Access to Wholesale Prices and Beats Competition Every Time

CARLSBAD, Calif. /California Newswire/ -- Travel Transparency, a private wholesale travel platform, is creating a real buzz in the travel and tourism industry. It guarantees to beat any pricing on major Internet travel sites such as Expedia, Orbitz, Priceline, Kayak, Travelocity, Hotwire and more. For serious or beginning travelers, Travel Transparency saves time and money and people can feel confident that they have gotten the best deal possible.

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.