CA Finance

The Mortgage Collaborative (TMC)

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.
The Mortgage Collaborative (TMC)

The Mortgage Collaborative Welcomes Addition of PHH Mortgage to its Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced a new strategic partnership with PHH Mortgage, a leading subservicer and portfolio retention provider. The new relationship with PHH Mortgage adds an experienced, best-in-class subservicer to their preferred partner network.
TMC Benchmark

The Mortgage Collaborative Unveils TMC Benchmark, a New Lender Member Benchmarking Solution

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, has released its monthly benchmarking solution to its Lender Members. The first reports were made available this month and will be provided to participants on a month-to-month, real-time basis.
Broker-Producer Tim House

EPIC Insurance adds Broker/Producer Tim House in Fresno, California Office

FRESNO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Tim House has joined the firm as a Property & Casualty Insurance Broker/Producer in EPIC's Fresno, California office.
Matic and LendingQB

Matic Insurance Services & LendingQB Partner to Solve Mortgage Delays Caused by Homeowner’s Insurance

SHERMAN OAKS, Calif. /California Newswire/ -- Matic Insurance Services, a digital insurance agency that enables borrowers to purchase homeowner's insurance during the home-buying transaction, today announced a new partnership with LendingQB, a provider of "lean lending" loan origination technology. Matic announced the news as part of a live demonstration at San Francisco's Digital Mortgage Conference.
Kevin Costner of Lender Price

Mortgage Tech Company, Lender Price Names new CEO and Opens New $10M Investment Round

PASADENA, Calif. /California Newswire/ -- Lender Price, the emerging leader in digital mortgage lending technology, announced today that it has named veteran mortgage industry executive Jerry Halbrook as its CEO and has opened a fresh round of equity funding to fuel its growth trajectory.
DocMagic's Mike Zarrilli

HousingWire Honors DocMagic’s Mike Zarrilli with 2017 Insiders Award

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that its head of operations, Mike Zarrilli, has been named to HousingWire's Insiders Award list for 2017.
The Mortgage Collaborative (TMC)

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.
Mortgage Collabortive

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.
Matic Insurance

TechCrunch SF: Matic Insurance Debuts Integration with Roostify During TechCrunch Startup Battlefield, Advances to Final Round

SHERMAN OAKS, Calif. /California Newswire/ -- Matic Insurance Services (Matic), a digital insurance agency that enables borrowers to purchase homeowner's insurance during the home-buying transaction, has forged a partnership with automated lending technology provider Roostify. The company announced the news Tuesday afternoon from the stage of TechCrunch's Startup Battlefield, part of the TechCrunch Disrupt SF conference held in San Francisco this week. Matic was one of just six elite startups chosen to advance to the final round of the competition.
SparkleCOIN ICO

TECHCRUNCH SF: Sparkle Coin, Inc. Announces its Initial Coin Offering today at Disrupt SF

SAN FRANCISCO, Calif. /California Newswire/ -- Sparkle Coin, Inc., designed to be the most transactable cryptocurrency available, is launching its initial coin offering (ICO) at 1 p.m. PDT September 20 and running through October 20, 2017 with coins beginning at $5. A LIVE STREAMING event will start at 12 p.m. PDT at TechCrunch SF.
First Community Mortgage

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.
TechCrunch Disrupt San Francisco 2017

TechCrunch Disrupt San Francisco 2017 – Media Advisory: CEO of Sparkle Coin, Inc. Shows New eCommerce-optimized Crypto-currency

SAN FRANCISCO, Calif. /California Newswire/ -- Sparkle Coin, Inc., founders of Sparkle Coin, a new cryptocurrency that allows users to make purchases from popular online retailers - like Amazon and Walmart - and features a currency exchange for liquidity, will be hosting a "lunch and launch" event during TechCrunch Disrupt SF 2017.
ReverseVision RVX LOS

ReverseVision to Host 2018 UserCon, February 6–8 in San Diego for Mortgage Pros

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, will host its third annual user conference February 6-8, 2018, at the Kona Kai Resort and Spa on San Diego's Shelter Island.
EPIC's Chambers and Dennis

Duane Dennis and Jamie Chambers of EPIC to Present Employee HR Tech Strategies at Cement Employers Assoc. Annual Meeting

SAN FRANCISCO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Principal and Senior Consultant Duane Dennis and Director of HR Technology Solutions Jamie Chambers will present at the Cement Employers Association Annual Meeting on Tuesday, Sept. 19 at 8:15 a.m. at South Point Hotel Casino Spa in Las Vegas.
ReverseVision

MEDIA ALERT: ReverseVision Experts Available to Discuss HUD Changes to HECM Reverse Mortgage Program

SAN DIEGO, Calif. /California Newswire/ -- The following ReverseVision experts, whose expertise on the Home Equity Conversion Mortgage (HECM) ranges from HUD guideline interpretation to market analysis to education, are available for interviews regarding HUD's planned changes to the HECM program.
ReverseVision

ReverseVision Data Shows Influx of Traditional Lenders and Directly Licensed Clients into HECM Industry

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc., the leading provider of software and technology for the reverse mortgage industry, reported a record number of newly licensed lenders entering the Home Equity Conversion Mortgage (HECM) market in 2017, according to data from its RV Exchange (RVX) loan origination system (LOS).
Notarize and TMC

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.
Mortgage Collabortive

The Mortgage Collaborative Launches New Affordable Lending Outreach Pilot Program

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announces a new pilot with a focus on affordable lending support and education for select lenders that are members of TMC's network, using educational resources and materials provided by Fannie Mae.
TMC and Strategic Compliance Partners

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.
ReverseVision

Western Ohio Mortgage Corp Selects ReverseVision RV Exchange for Home Equity Conversion Mortgage Origination

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading technology provider for the reverse mortgage industry, today announced that Western Ohio Mortgage Corp. (WOMC) has selected RV Exchange (RVX) loan origination technology to support its Home Equity Conversion Mortgage (HECM) operations.
Phil Laren of MCT

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.
EPIC Insurance Brokers - OAK HILL

Oak Hill Capital to Invest in EPIC Insurance Brokers & Consultants to Support its Further Expansion

SAN FRANCISCO, Calif. /California Newswire/ -- EPIC Insurance Brokers & Consultants, a retail property, casualty insurance brokerage, and employee benefits consultant, announced today that private equity firm Oak Hill Capital Partners (Oak Hill) has agreed to acquire all of The Carlyle Group (NASDAQ:CG) stake, giving Oak Hill a controlling equity position in EPIC. Oak Hill's investment will enable EPIC to continue its aggressive organic growth strategy.
Jeffrey Unalp, CPA

Jeffrey Unalp, CPA Earns AICPA Not-For-Profit Certificate Designation

WALNUT CREEK, Calif. /California Newswire/ -- Unalp CPA Group, Inc. announced today that founder Jeffrey Unalp, CPA, has earned the AICPA badge for completing the Not-For-Profit (NFP) Certificate Program. Unalp CPA outsourced accounting services provide nonprofit clients with compliance, timely reporting and execution of accounting duties.
MCT Trading

CMBA Conference: Mortgage Capital Trading Introduces Bulk Acquisition Manager Secondary Marketing Tech

SAN FRANSISCO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced at the California Mortgage Bankers Association's (CMBA) annual Western Secondary Market Conference held in San Francisco, that it has released new secondary marketing technology to improve the industry's existing loan sale practices. Dubbed Bulk Acquisition Manager(TM) (BAM), the solution automates the process of packaging and transferring bulk loan bids, which benefits investors, lenders and MCT's team of mortgage loan traders.
Mortgage Collabortive

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

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.
Bill Berliner joins MCT

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.
Lender Price

Lender Price Announces Mortgage Tech Integration with Ernst Publishing

PASADENA, Calif. /California Newswire/ -- Lender Price, the emerging leader in digital mortgage interface technology and real-time, competitive mortgage analytics and product pricing & eligibility (PPE) solutions complete with full mobile functionality and advanced business intelligence, announced that it has integrated with Ernst Publishing, the leading provider of mortgage fee data for the real estate and home finance industry.
Qualia Labs

Real Estate Industry Expert Jake Seid Joins Qualia Advisory Board to Advance Title Settlement Software

SAN FRANCISCO, Calif. /California Newswire/ -- Qualia today announced that Jake Seid will join the company's board of advisors. In addition to his time as president of Ten-X and Managing Director at Lightspeed Venture Partners, Seid is an investor and advisor to a myriad of companies touching the real estate sector, including Blend Labs, LendingHome, Opendoor, Reside, Roofstock, Shogun, and Ten-X.
DocMagic

DocMagic UCD Tech Now Supports Both Phases of Upcoming Uniform Closing Dataset Requirements

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the mortgage industry's leading provider of document production, automated compliance and comprehensive eMortgage services, announced that its technologies are now capable of supporting both phases of the upcoming UCD (Uniform Closing Dataset) requirement.
COO Phil Rasori

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.
Chris Anderson

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.
Lender Price

Digital Mortgage Provider, Lender Price, Demos at BKFS Motivity Solutions User Conference

PASADENA, Calif. /California Newswire/ -- Lender Price, the emerging leader in digital mortgage interface technology and real-time, competitive mortgage analytics and product pricing & eligibility (PPE) solutions complete with full mobile functionality and advanced business intelligence, announced that Black Knight Financial Services, Inc.'s (NYSE:BKFS) Motivity Solutions will use pricing data from Lender Price's industry-leading PPE to provide pricing analytics to its users.
The Mortgage Collaborative

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.
Michael Schreck

Cloudvirga Names Veteran Tech Entrepreneur Michael Schreck as new CEO

IRVINE, Calif. /California Newswire/ -- Cloudvirga(SM), developer of next-generation loan officer and direct-to-consumer point-of-sale (POS) systems, has named Michael Schreck its chief executive officer. He succeeds cloudvirga co-founder Bill Dallas, who will continue as chairman of cloudvirga's board of directors.
ReverseVision

Ubermortgage Embraces HECM with Technology from ReverseVision

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading technology provider for the reverse mortgage industry, has formed a partnership with ubermortgage Inc. to support the budding lender's increasing demand for home-equity conversion mortgages (HECMs) with its RV Exchange (RVX) loan origination technology.
COO Phil Rasori

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.
ReverseVision

Kiel Mortgage Selects ReverseVision RVX Loan Origination Software for HECM Division

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc., the leading provider of software and technology for the reverse mortgage industry, today announced that Kiel Mortgage has chosen RV Exchange (RVX) loan origination software (LOS) to power its home-equity conversion mortgage (HECM) division.
California New Car Dealers Association

EPIC Insurance Strengthens its Six Year Relationship with the California New Car Dealers Association

SACRAMENTO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, and the California New Car Dealers Association (CNCDA) jointly announced today that CNCDA has expanded their relationship with EPIC, appointing the insurance broker / consultant as their exclusive licensed broker to provide health and welfare insurance consulting to CNCDA members across the state.
DOCMAGIC ALTA 2017

DocMagic Total eClose Solutions Receive 2017 ALTA ‘Elite Provider’ Designation

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the mortgage industry's leading provider of document production, automated compliance and comprehensive eMortgage services, announced that it has been accepted into the Elite Provider Program for American Land Home Title Association (ALTA).
ReverseVision assists Skyline Financial Corp

ReverseVision assists Skyline Financial Corp. to Lay Groundwork for New Reverse Mortgage Division with Tech and Training

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, has forged a partnership with Skyline Financial Corp. (Skyline Home Loans and NewLeaf Lending) to support the lender's growing reverse mortgage division with RV Exchange (RVX) loan origination technology and RV University (RVU) training programs.
Pacific Sunbelt Mortgage

Pacific Sunbelt Mortgage Reports Stellar Customer Satisfaction Results in Q4 2016 Survey

RIVERSIDE, Calif. /California Newswire/ -- Pacific Sunbelt Mortgage, a division of Finance of America Mortgage, announced today the findings from its Q4 2016 customer satisfaction surveys. Pacific Sunbelt Mortgage is a long-time lender within the home building and REALTOR industry. The latest survey results included 138 responses with an overall average score of 92.9 percent for the lender.
DocMagic

DocMagic Total eClose Solution Facilitates First North Carolina State Sponsored eClosing

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the mortgage industry's leading provider of document production, automated compliance and comprehensive eMortgage services, announced that it completed North Carolina's first 100 percent paperless eClosing. The DocMagic-driven eClosing was completed on Friday, May 5th at North State Bank and was carried out in the presence of borrowers Jason and Karen Boccardi, the North Carolina Secretary of State, a closing paralegal, an eNotary, and members of the media who documented the historical event.
Wholesale Trading Insurance Services

Wholesale Trading Insurance Services welcomes William Reyes in San Francisco

SAN FRANCISCO, Calif. /California Newswire/ -- Wholesale Trading Insurance Services, LLC (WTIS) announced today that industry veteran William Reyes has joined the firm as Director/Casualty Broker in Laguna Niguel, Calif.; he will work in conjunction with the firm's principal office in San Francisco.
Mortgage Collabortive

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.
BeSmartee and DocMagic

BeSmartee and DocMagic Integrate Mortgage Tech, Creating a Fast, Fully Digital Application for Borrowers

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the mortgage industry's leading provider of document production, automated compliance and comprehensive eMortgage services, announced that it completed an integration with BeSmartee, a leader in mortgage automation technology.
Bank of Southern California, N.A.

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 MCT

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.
Mortgage Collabortive

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.

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