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California Business News

MCT Trading COO Phil Rasori

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.
MAG Instrument partners with Maschmedt

MAG Instrument partners with Maschmedt & Associates for marketing of MAGLITE products in Western USA

ONTARIO, Calif. /California Newswire/ -- MAG Instrument Inc. has inked a manufacturer's representative agreement with Maschmedt Group, a full service sales and marketing firm, to greatly increase its reach in the critical retail sectors of sporting goods and hardware. The deal is expected to boost sales of MAGLITE(R) products in these sectors especially in the Western United States where Maschmedt & Associates concentrates its efforts.
Matic Insurance

MATIC Insurance CEO says Smaller Originators Will Follow Top Lenders, Making Homeowner’s Insurance Part of Digital Mortgages

SHERMAN OAKS, Calif. /California Newswire/ -- Integrating homeowner's insurance into the mortgage origination process is a relatively new idea - and one Matic CEO Aaron Schiff anticipates will gain traction in 2018. His firm expects small and mid-sized mortgage operations will follow the lead of several marquee lenders that added homeowner's insurance to their origination workflows last year.
CLOUDVIRGA

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

IRVINE, Calif. /California Newswire/ -- Cloudvirga CEO Michael Schreck is on a mission to help mortgage lenders reinvent the mortgage factory. A developer of intelligent mortgage point-of-sale platforms, Cloudvirga gives consumers and loan officers a digital mortgage experience and helps lenders grow market share by automating the mortgage back office, saving them up to $1,500 a loan.
City of Beaumont’s 5G wireless strategy

City of Beaumont’s 5G wireless strategy advanced with telecom solutions from XG Communities

IRVINE, Calif. /California Newswire/ -- XG Communities LLC and the City of Beaumont, Calif. announced that approximately 2,000 street light poles are available to wireless carriers and technology companies for small cell deployment. The street light poles are available on XG Communities' Site SeleX Platform.

XG Communities LLC Threatens Outdated Small Cell Deployment Model with Site SeleX Platform

IRVINE, Calif. /California Newswire/ -- XG Communities LLC, a premier provider of accelerated, organized and predictable wireless deployment for cities and municipalities across the United States, announced initial success in solving the small cell inventory and speed-to-deployment problems facing connectivity providers. Contrary to macro tower ownership models, XG Communities serves as the facilitator in the process for both cities and carriers, reducing variability and increasing the speed.
Ian Miller CMO

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.
Sean McEvoy

Digital Mortgage Pioneer Cloudvirga Hires Sean McEvoy as its Chief Customer Officer

IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Sean McEvoy as its chief customer officer. As a member of the senior leadership team, McEvoy will be responsible for the firm's customer leadership, implementation and support functions. He has an extensive background in building world-class customer success organizations at FileNET, IBM, Quest and Dell. He will report to Cloudvirga CEO Michael Schreck.
Debra Schiff of VLP Law

Continuing Its Growth, VLP Law Group Welcomes Addition of Real Estate Partner Debra Schiff

PALO ALTO, Calif. /California Newswire/ -- VLP Law Group LLP is pleased to announce that Debra Schiff has joined the firm's Real Estate Practice Group as a partner based in Los Angeles, California. Ms. Schiff is the second Los Angeles based attorney to join the firm's growing Real Estate Practice Group in recent weeks. Los Angeles attorney Craig P. Wood joined the firm as a Partner in December.
SECUGEN

SecuGen Corp. to Unveil Hamster Pro 10 Ultra-Slim Fingerprint Reader and U10 Sensor at CES 2018

SANTA CLARA, Calif. /California Newswire/ -- SecuGen is pleased to announce the unveiling of the soon to be released Hamster Pro(TM) 10 fingerprint reader. The Hamster Pro 10 is the smallest and lowest priced fingerprint in SecuGen's growing line of high quality fingerprint products.
Bank of Southern California, N.A.

Bank of Southern California, NA Opens New Banking Branch in City of Orange, Calif.

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the opening of a production office in Orange County in the city of Orange, Calif. In addition, the bank said it is actively looking to expand into other Southern California markets, as the company continues to grow the banks franchise throughout the Southern California region.
EPIC and Ascende

EPIC Insurance Brokers and Qualified Plan Advisors Announce Collaboration Agreement

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

SecuGen Corp. to Highlight the SafeDefend Personnel Protection System at CES 2018

SANTA CLARA, Calif. /California Newswire/ -- SecuGen Corporation and SafeDefend LLC have teamed up to create the SafeDefend Personnel Protection System and will be demonstrating the product at the 2018 Consumer Electronics Show (CES) in Las Vegas.
iMobie Launches Biggest Ever Holiday Offer

iMobie Launches Biggest Ever Holiday Offer, Rewarding Customers: Buy AnyTrans, Get PhoneClean FREE

LOS ANGELES, Calif. /California Newswire/ -- Santa Claus is on his way! To celebrate the holiday in 2017, iMobie Inc., a cutting-edge software developer who focuses on iOS and Android, now rolls out the biggest holiday offer to reward customers - buy ultimate iOS manager AnyTrans, get iOS cleaner PhoneClean for FREE!
Cloudvirga COO Kyle Kamrooz

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

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

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

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

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

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

The Mortgage Collaborative Adds FullCircle Placements to Preferred Partner Network

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

VLP Law Group Welcomes Real Estate Partner Craig P. Wood as Part of Continued Growth Strategy

PALO ALTO, Calif. /California Newswire/ -- VLP Law Group LLP is pleased to announce that Craig P. Wood has joined the firm's Real Estate Practice Group as a partner based in Los Angeles, California. Mr. Wood's practice encompasses the representation of institutional investors, private equity sponsors, high net-worth individuals, pension funds, pension fund advisors and private companies in a broad range of real estate projects throughout the U.S.
Jim Portner Joins FinTech Innovator, CLOUDVIRGA

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

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

At the NSCA Coaches Conference 2018, MostFit to Feature the Core Hammer and SYN Rings

LOS ANGELES, Calif. /California Newswire/ -- On January 3-5, 2018, MostFit will come together with strength and conditioning coaches from across the nation at the NSCA Coaches Conference in Charlotte, N.C.. Founder Andrew Gavigan and his team of trainers will be demonstrating exercises and movements with the Core Hammer and SYN Rings focused on increasing performance and movement among athletes
The Mortgage Collaborative (TMC)

The Mortgage Collaborative Adds United Capital Markets to Preferred Partner Network

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

Cloudvirga Inc. and Docutech Partner to Help Loan Officers Work More Effectively

IRVINE, Calif. /California Newswire/ -- Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, today announced a partnership with Docutech that will enable Cloudvirga's lender customers to work more efficiently, reduce the cost of document compliance and make the home loan experience more convenient for borrowers.
The Mortgage Collaborative Welcomes FundingShield

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.

Dialpad Kills the Phone Bill for Bay Area Small Businesses

SAN FRANCISCO, Calif. /California Newswire/ -- Dialpad, the pure-cloud business communications provider whose mission is to “Kill the Desk Phone” across corporate America, is now giving Bay Area small businesses an early holiday gift as it sets out to “Kill the Phone Bill.” Starting today, Dialpad is offering a completely free version of its award winning service by expanding the company’s efforts to disrupt the small business telephone market with the release of Dialpad Free™.
DocMagic

DocMagic Opens High-Tech Print Fulfillment Supercenter In Torrance CA to Support Growth

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has opened a 12,000 square foot print fulfillment center minutes from its Torrance, California headquarters. DocMagic added the high tech "supercenter" to support lenders' growing need for secure, compliant paper documents as the mortgage industry transitions to a 100 percent digital mortgage process.
Matic Insurance Founder Benjamin Madick

Matic Insurance Founder Benjamin Madick Earns 2017 HW Vanguard Award for Outstanding Industry Contributions

SHERMAN OAKS, Calif. /California Newswire/ -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today that company co-founder and COO Ben Madick is a 2017 HousingWire Vanguard Award winner. Madick was recognized for guiding the company's phenomenal growth over the last 12 months as well as for his career-long contributions to the mortgage industry as co-founder of both Matic and risk management services provider Mortgage Quality Management and Research.
Cloudvirga COO Kyle Kamrooz

Cloudvirga COO Kyle Kamrooz Honored with 2017 HW Vanguard Award for Mortgage Industry Leadership

IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), the developer of intelligent mortgage point-of-sale (POS) platforms, today announced that its founder and COO Kyle Kamrooz is a winner of HousingWire's third annual Vanguard Awards. Kamrooz was recognized for company leadership as well as his substantial contributions to the mortgage industry at large.
Jonathan Kearns of DocMagic

Jonathan Kearns of DocMagic is Appointed to MISMO Residential Standards Governance Committee

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Jonathan Kearns has been appointed to the Mortgage Industry Standards Maintenance Organization (MISMO) Residential Standards Governance Committee.
The Mortgage Collaborative (TMC)

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.
EPIC Insurance Brokers

EPIC Insurance Named to 2017 Best Places to Work in Insurance Nationally, Eighth Consecutive Year

SAN FRANCISCO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that it has again been recognized by its team members nationally as one of the Best Places to Work in Insurance in a survey conducted annually by Business Insurance Magazine and Best Companies Group.
CFO Stephen DeSantis

Cloudvirga Inc. Names Stephen DeSantis as its new CFO

IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has appointed Steve DeSantis as its new chief financial officer. A seasoned technology finance executive, DeSantis will be responsible for driving Cloudvirga's financial strategies to accelerate its growth. He will report to Cloudvirga's recently appointed CEO Michael Schreck.
Bank of Southern California, N.A.

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.
cloudvirga inc

Five Top-30 U.S. Lenders Choose Cloudvirga Digital Mortgage Platform in Q3-2017

IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has signed five of the nation's top 30 non-bank lenders in the last 100 days. The new customers collectively originate over $100 billion in loans annually.
NEXT Fully Autonomous Modular Vehicle

NEXT Future Transportation and Digital Barriers form partnership for transport safety tech

SAN JOSE, Calif. /California Newswire/ -- NEXT Future Transportation, the world's only modular vehicle solutions provider and Digital Barriers, a world pioneer and leader in wireless video streaming and deep learning-based facial recognition, today announced a joint integration program around embedded computer vision software.
ReverseVision

ReverseVision Announces Jim Cameron of STRATMOR Group as UserCon 2018 Special Session Guest Speaker

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that STRATMOR Group Senior Partner Jim Cameron will be the Day 1 Special Session guest speaker for its third annual user conference. The ReverseVision UserCon 2018 will be held February 6-8, 2018, at the Kona Kai Resort and Spa on San Diego's Shelter Island.
UTELOGY Corporation

Utelogy Corp Announces Hiring of Mr. Luc Rivetti as Inside Solutions Sales Consultant

LOS ANGELES, Calif. /California Newswire/ -- Utelogy Corporation, creator of software for control and management of audiovisual systems for business and education, responds to growth with another new hire, most recently adding an inside solutions sales consultant.
The Mortgage Collaborative

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.
Matic Insurance

Matic Insurance Services Raises $7M in Series A Round

SHERMAN OAKS, Calif. /California Newswire/ -- Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today it has raised $7 million in a Series A funding round. Investors participating in the round include Mr. Cooper, one of the nation's top 20 mortgage originators and the fourth-largest home loan servicer in the country.
MCT Trading

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).
iMobie Updates AnyTrans with Air Backup

iMobie Updates AnyTrans with Air Backup for Secure Wireless iPhone Backups Anywhere

LOS ANGELES, Calif. /California Newswire/ -- iMobie, a leading software developer, today announced the new upgrade of their flagship product AnyTrans with an intelligent Air Backup - automatically back up iOS devices via SSL-secured Wi-Fi in the fastest and easiest way, available for both Windows and Mac. Superior to iTunes and iCloud backup, the newly-introduced Air Backup manager backs-up the most types of iOS data, even for synced audios, videos and photos.
ReverseVision

ReverseVision Partners with Premier Reverse Closings to Streamline Title Ordering for HECM Mortgages

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, has forged a partnership with Premier Reverse Closings (PRC), a title and settlement firm specializing in reverse mortgage closings. A new integration between the companies' software allows users of ReverseVision's flagship RV Exchange (RVX) loan origination system (LOS) to order title services from PRC without ever leaving the RVX system.
Residual Growth Expert

ISO Marketing Firm, Residual Growth Expert Names November 2017 as ‘Say No to Attrition Month’

WESTLAKE VILLAGE, Calif. /California Newswire/ -- Residual Growth Expert, a leading ISO business advisory firm, today announced that they are naming November as Say No to Attrition month. Attrition is a major problem for many banks, ISOs and credit card processing companies because rates traditionally go up during the holiday season. By turning their efforts toward retaining their current list of clients during this time of the year, ISOs and other credit card processing companies can combat this trend and enjoy greater financial stability.
Unalp CPA Group

Unalp CPA Group Offers Free Whitepaper Comparing Xero, QuickBooks, and Sage Intacct Accounting Software

WALNUT CREEK, Calif. /California Newswire/ -- Unalp CPA Group, Inc. announced today the availability of a white paper comparing popular accounting software solutions Xero, QuickBooks, and Sage Intacct. The 21-page document "Comparing Xero, QuickBooks, and Sage Intacct" is free of charge.
iMobie AnyTrans 2017

iMobie Scares Up its Biggest Halloween 2017 Sale Promotion: Buy AnyTrans and Get PhoneRescue FREE

LOS ANGELES, Calif. /California Newswire/ -- To celebrate the release of iPhone X and Halloween, iMobie Inc., a leading software developer, rolls out the biggest sale promotion: buy the ultimate iPhone manager AnyTrans, get iOS data recovery PhoneRescue for FREE. On this Halloween, iMobie prepared AnyTrans to help iOS users take full control of the new iPhone X effortlessly.
Android Assistant for Mac 3.0

Coolmuster Studio announces its new Android Assistant for Mac 3.0

LOS ANGELES, Calif. /California Newswire/ -- Coolmuster Studio today announces that its top-seller and world-renowned product, Android Assistant for Mac, has taken a great leap forward in contacts and SMS management. With an all-new UI and interface design, it now has the ability to help users backup contacts, messages, media files, apps, etc. to Mac; add, delete or edit existing data on Mac and more.
David McNeil of EPIC

Emerging Cyber Threats: David McNeil of EPIC to Present at American Assoc. of Water Distribution & Management Event

SAN FRANCISCO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Principal David McNeil will present at the American Association of Water Distribution and Management (AAWD&M) Ronald W. Seymour Memorial Thought Leadership Lab which will be hosted and live streamed from the Las Vegas Valley Water District on Oct. 26 at 10 a.m.
Angela LoBue and Alejandro Martinez

Coalition for Responsible Community Development (CRCD) Expands its Executive Leadership Team

LOS ANGELES, Calif. /California Newswire/ -- The Coalition for Responsible Community Development (CRCD), a South LA based non-profit serving the community through youth, workforce and economic development initiatives, is proud to announce the addition of two members to their executive leadership team, Chief Operating Officer Angela LoBue and Chief Real Estate and Economic Development Officer Alejandro Martinez. The increase in senior staff will allow CRCD to develop new programs and initiatives while expanding their footprint.
Jim Park, CEO of The Mortgage Collaborative

The Mortgage Collaborative Notches 20% Growth in its Lender Membership since 2017-Q1

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced that they have reached another milestone, adding 20 new lender members since their August summer conference in Nashville. This brings the Collaborative's membership total to 120 and an annual aggregate origination volume of $210 Billion.
California IVF Sacramento

California IVF Fertility Center opens new Sacramento fertility center with updated tech to support next generation of fertility treatments

SACRAMENTO, Calif. /California Newswire/ -- California IVF Fertility Center opens a new fertility center with updated technology to support the next generation of fertility treatments. The practices in Sacramento, on Auburn Boulevard, and Davis, California have been consolidated into a single location to better serve patients. The new facility will allow the infertility specialists of California IVF to expand on their excellent rates of success.

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