Tag: finance News - Page 25
SimpleNexus’ Pam Faulkner and Cathleen Schreiner Gates Land Spots on NEXT Mortgage Events’ Debut 50 Over 50 Awards Program
LEHI, Utah, June 12, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that Director of Mortgage Solutions Pam Faulkner and Board Member Cathleen Schreiner Gates have been honored by NEXT Mortgage Events' (NEXT) 50 Over 50 awards program.
Vice Capital Markets Sets Internal Record for Monthly Trade Volume
NOVI, Mich., June 12, 2020 (SEND2PRESS NEWSWIRE) -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that the company has more than doubled its monthly trade volume over a 90-day period, setting several internal records. Trade volume totals reached during this period include $11.5 billion in March, $13.4 billion in April and $12.4 billion in May.
Mortgage Insurance Ordering Made Seamless as OpenClose® Integrates Its LenderAssist™ LOS with Radian
WEST PALM BEACH, Fla., June 12, 2020 (SEND2PRESS NEWSWIRE) -- OpenClose, an industry-leading digital mortgage fintech provider, announced it completed an interface with Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN). The integration leverages OpenClose's omni-channel loan origination system (LOS) and RESTful API suite, allowing Radian customers to order MI without exiting the LenderAssist LOS.
LTC NEWS Acquisition Anticipates Growth and Expansion
CHICAGO, Ill., June 12, 2020 (SEND2PRESS NEWSWIRE) -- Matt McCann, a nationally-known veteran of the long-term care (LTC) insurance industry, announces the formation of LTC NEWS, LLC after acquiring the online asset - ltcnews.com.
DepthPR Founder Kerri Milam Named Among Mortgage Industry’s Most Influential Women
ATLANTA, Ga., June 12, 2020 (SEND2PRESS NEWSWIRE) -- Depth Public Relations (DepthPR), a leading provider of consultative marketing, public relations and reputation management services for the mortgage lending and residential finance industries, today announced company Founder and President Kerri S. Milam is a recipient of the Powerhouse Award recognizing influential female leaders in the mortgage sphere.
LBA Ware Founder and CEO Lori Brewer Named NEXT Mortgage Events 50 Over 50 Honoree
MACON, Ga., June 11, 2020 (SEND2PRESS NEWSWIRE) -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced company Founder and CEO Lori Brewer has been named an honoree of NEXT Mortgage Events' (NEXT) 50 Over 50 awards program. In its inaugural year, NEXT 50 Over 50 honors influential female leaders in the mortgage sphere.
FormFree Director of Partner Relationships Christy Moss, CMB, Honored by NEXT Mortgage Events’ Inaugural 50 Over 50 Awards
ATHENS, Ga., June 11, 2020 (SEND2PRESS NEWSWIRE) -- FormFree Director of Partner Relationships Christy Moss, CMB, has been recognized by Next Mortgage Events (NEXT) as a 50 Over 50 honoree. In its inaugural year, the awards program honors female powerhouses in the mortgage industry.
Rapid Deployment Solutions and nipendo Sign Reseller Agreement
BOSTON, Mass. and FORT LAUDERDALE, Fla., June 11, 2020 (SEND2PRESS NEWSWIRE) -- nipendo and Rapid Deployment Solutions (RDS) today announced a new partnership agreement for the resale of nipendo's RPA (Robotic Process Automation) platform for P2P (Purchase-to-Pay) process automation.
ARMCO Expands Corporate Philanthropic Program to Support COVID-19 Relief and Racial Equality Advocacy Efforts
DENVER, Colo., June 11, 2020 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced it has expanded its corporate philanthropic initiative ARMCO CARES to support employees' charitable giving and volunteer efforts in response to the COVID-19 pandemic.
Quest Settlements’ Louis Masry Takes Role as President of the National Structured Settlements Trade Association (NSSTA)
WESTLAKE VILLAGE, Calif. /California Newswire/ -- The National Structured Settlements Trade Association (NSSTA) has named Louis Masry as 2020-2021 President. Masry is a co-owner at Quest Settlements, where he serves as Principal and as a Senior Settlement Consultant. He has assumed the role of President from Michelle Caine, who completed her year in the role.
New SBA Service Fills Plan Sponsors’ Need for Pandemic-Friendly, Cost-Effective Sourcing of Third-Party Benefit Service Providers
ATLANTA, Ga., June 9, 2020 (SEND2PRESS NEWSWIRE) -- Independent, full-service employee benefits consulting firm Strategic Benefits Advisors, Inc. (SBA) today announced the launch of Arm's-Length Vendor Search, a service designed to help organizations make informed decisions about hiring and retaining benefit plan administrators, recordkeepers and other third-party service providers when travel restrictions or budgetary constraints preclude in-person assessment of prospective vendors.
SimpleNexus Platform Enhancement Enables Lenders and Borrowers to Manage Multiple Borrower Loans Through SimpleNexus’ User-Friendly Interface
LEHI, Utah, June 4, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced a platform enhancement that merges management of multiple loans with the same applicant into one user-friendly interface.
New Integration Enables OpenClose Lenders to Automate MERS® Loan Registration and Transfer via Cyberlink’s eRAMP System
WEST PALM BEACH, Fla., June 3, 2020 (SEND2PRESS NEWSWIRE) -- OpenClose, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), and Cyberlink Software Solutions, a provider of optimization and development solutions for mortgage lenders, announced the completion of an integration that eases the time consuming and laborious method of registering loans one by one with MERS.
Top of Mind Lead Project Manager Maggie Mae Named 2020 HousingWire Rising Stars Award Honoree
ATLANTA, Ga., June 1, 2020 (SEND2PRESS NEWSWIRE) -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced that Lead Project Manager Maggie Mae has been named a recipient of HousingWire's 2020 Rising Stars award. Now in its seventh year, the HW Rising Stars award program honors the housing industry's most influential professionals aged 40 and under.
Amid Ongoing Work-From-Home Requirements, DocMagic Provides its eSign Tech at No Cost to Boost Employee Productivity
TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has made an agnostic version of its eSign technology available for free in order to help organizations increase productivity, efficiency and compliance among work-from-home employees during COVID-19 stay-at-home orders as well as after they are lifted.
TeamSnap Raises $5.5 Million in Funding as Sports Activities Begin to Resume
BOULDER, Colo., May 26, 2020 (SEND2PRESS NEWSWIRE) -- TeamSnap, the leader in sport management technology, announced today a $5.5 million convertible notes financing led by Foundry Group and Bolt Ventures. The funding comes as TeamSnap prepares for sports activities to return after the global shutdown.
ARMCO Launches QC NOW Web Series to Support QC Professionals
DENVER, Colo., May 26, 2020 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the launch of QC NOW, a web series covering current regulatory and operational changes related to quality control, compliance and risk for independent mortgage lenders, banks and credit unions.
Structured Settlement Factoring Company Launches New Website to Better Serve Customers
LOS ANGELES, Calif. and NEW YORK, N.Y., May 22, 2020 (SEND2PRESS NEWSWIRE) -- Strategic Capital has launched a new website. With this newly revamped web presence, they give people the opportunity to learn more about how they can maximize payout options for structured settlements, lottery winnings, casino winnings, and more.
SROA Capital Pays Quarterly Distributions – Sees Market Opportunity Ahead
WEST PALM BEACH, Fla., May 20, 2020 (SEND2PRESS NEWSWIRE) -- SROA Capital, LLC ("SROA"), a West Palm Beach-based vertically-integrated real estate investment management firm with $1 billion of assets under management and owner/operator of Storage Rentals of America, announced today that it has paid its first quarter distribution.
LBA Ware Publishes Findings of Top-10 Lender’s Compensation Automation Cost-Benefit Analysis
MACON, Ga., May 20, 2020 (SEND2PRESS NEWSWIRE) -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released the findings of a cost-benefit analysis quantifying one mortgage lender's expected return on investment after implementing CompenSafe.
Global DMS offers unique Compliance Guarantee Program for EVO Appraisal Management Software
LANSDALE, Pa., May 19, 2020 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has launched a new Compliance Guarantee Program for those that utilize its EVO-Res appraisal management platform, which covers all fines in the event that a client is found out of compliance, but is using the software's Best Practice Configuration.
ARMCO Expands Integrated Third-Party Vendor Offerings Within ACES Audit Technology
DENVER, Colo., May 19, 2020 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced several major enhancements to its ACES Audit Technology platform to aid lenders' loan defect categorization and post-closing quality control efforts.
Digital Mortgage Provider Maxwell Extends Product Offering with New Fulfillment Platform
DENVER, Colo., May 19, 2020 (SEND2PRESS NEWSWIRE) -- Digital mortgage provider Maxwell today announced a new way for small and midsize lenders to scale processing capacity to meet market needs through the launch of the Maxwell Fulfillment Platform.
NEXT™ Team Adds Staff to Expand Digital Footprint
EDMOND, Okla., May 15, 2020 (SEND2PRESS NEWSWIRE) -- NEXT Mortgage Events LLC (NEXT™), creator of NEXT women's executive mortgage summit and NEXTMortgageNews.com, has announced that it has added two key positions to support the expansion of its digital footprint.
Dr. Thomas T. Nagle Joins Sturbridge Growth Partners as Advisory Partner
MEDFIELD, Mass., May 14, 2020 (SEND2PRESS NEWSWIRE) -- Sturbridge Growth Partners, a boutique management consulting firm dedicated to driving profitable growth for clients through innovative approaches to pricing and value management, announced today that Tom Nagle has joined the company as an Advisory Partner.
The Devil is in the Details: Black-owned BWC Capital Works to Demystify Federal Stimulus PPP Loan Forgiveness
GREENSBORO, N.C., May 14, 2020 (SEND2PRESS NEWSWIRE) -- Black-owned North Carolina-based investment firm, BWC Capital secured a Payroll Protection Program (PPP) forgivable small business loan during the first round of available funds several weeks ago.
ARMCO Launches ACESXPRESS for Early Payment Defaults
DENVER, Colo., May 13, 2020 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the release of ACESXPRESS for Early Payment Defaults (EPDs) to bolster lenders' existing audit programs in light of the recent increases in required monthly EPD audit volume.
Top of Mind wins eight international Hermes Awards for SurefireCRM’s creative videos that help mortgage lenders engage prospects and customers
ATLANTA, Ga., May 12, 2020 (SEND2PRESS NEWSWIRE) -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, was recognized with four platinum and four gold awards for outstanding corporate marketing in the 2020 Hermes Creative Awards.
Altavera Founder Brian Simons joins Maxwell executive team
DENVER, Colo., May 12, 2020 (SEND2PRESS NEWSWIRE) -- Digital mortgage leader Maxwell has announced Altavera Mortgage Services founder and former CEO Brian Simons has joined the company as president. Simons comes to Maxwell with 23 years of experience in the mortgage industry, including capital markets, loan origination and default management.
Innovation Technology Award Goes to OpenClose Loan Origination System
WEST PALM BEACH, Fla., May 12, 2020 (SEND2PRESS NEWSWIRE) -- OpenClose the industry-leading omni-channel loan origination system (LOS) and digital mortgage fintech provider, announced that it received PROGRESS in Lending Association's 2020 Innovation Award for its "truly game-changing solutions in the mortgage space."
Bank of Southern California, N.A. Funds More Than $487.8 Million in PPP Loans
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today that it has funded more than $487.8 million in Paycheck Protection Program (PPP) loans. These results, as of 9:30 p.m. PDT on May 7, 2020, provided 1,940 local businesses affected by the Coronavirus (COVID-19) with critical financing to retain or restore jobs for 51,523 individuals.
KROST CPAs Provides Much-Needed Help to Businesses Affected by the Economic Downturn Caused by the COVID-19 Pandemic
LOS ANGELES, Calif. /California Newswire/ -- Los Angeles-based firm, KROST CPAs & Consultants, has launched several programs to assist businesses during the Coronavirus pandemic. Since April 2020, the firm has assisted hundreds of businesses and individuals through the development of COVID-19 resources.
Global DMS Integrates eTrac Valuation Management Software with ProxyPics, Allowing Clients to Complete Real Estate Appraisals Remotely
LANSDALE, Pa., May 7, 2020 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has integrated its eTrac valuation management platform with ProxyPics - a patented, secure mobile app that provides a method of facilitating the delivery of photographs of a subject property when access to the property is unavailable.
Andrew Crofton Joins Klingenstein Fields Wealth Advisors as a Managing Director
NEW YORK, N.Y., May 6, 2020 (SEND2PRESS NEWSWIRE) -- Klingenstein Fields Wealth Advisors (KFWA), a wealth management firm with approximately $4 billion in assets under management, is pleased to announce that Andrew Crofton has joined the firm as a Managing Director.
EnergyCAP, Inc. Receives Inc. Magazine ‘Best Workplaces’ Award
STATE COLLEGE, Pa., May 6, 2020 (SEND2PRESS NEWSWIRE) -- EnergyCAP, Inc. (ECI) has been named to Inc. Magazine's annual list of the Best Workplaces for 2020 will hit newsstands May 12, and is the result of a wide-ranging and comprehensive measurement of private American companies that have created exceptional workplaces through vibrant cultures, deep employee engagement, and stellar benefits.
Top of Mind enhances ‘Client for Life’ Workflow to help lenders retain 2020’s record-breaking influx of refi customers
ATLANTA, Ga., May 5, 2020 (SEND2PRESS NEWSWIRE) -- Top of Mind Networks, a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced enhancements to its "Client for Life" Workflow. Available to users of SurefireCRM, the Client for Life Workflow helps lenders protect market share by creating over 100 distinct opportunities to stay connected with borrowers over a five-year period.
Bank of Southern California, N.A. (BCAL) Announces Q1 2020 Results
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the first quarter ended March 31, 2020. Total assets increased to $852 million at March 31, 2020, up from $830 million in the prior quarter and an increase of 10.8% compared to March 31, 2019.
Certain Lending Launches Major Survey of 500 Real Estate Investors
SAN FRANCISCO, Calif. /California Newswire/ -- Certain Lending released a national survey of real estate investors. A majority of real estate investors expect COVID-19 will cause home prices to decline up to 20%. The survey of 569 real estate investors across the U.S., conducted between April 20 and 24, is the first of its kind.
IDS Expands eClosing Platform to Include eNotes, Rebrands as Solitude Solution
SALT LAKE CITY, Utah, May 4, 2020 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has expanded the capabilities of its eClose platform to include eNotes. Recently branded as Solitude Solution, the platform's eClosing capabilities allow lenders and borrowers to execute loans digitally.
Paragon Insurance Holdings Acquires Trident Public Risk Solutions from Argo Group
NEW YORK, N.Y., May 4, 2020 (SEND2PRESS NEWSWIRE) -- Paragon Insurance Holdings, LLC, headquartered in Avon, Connecticut, a national MGA, announced today that it has closed on the purchase of Trident Public Risk Solutions (TPRS). Acquired from Argo Group (Argo), the transaction positions Paragon as one of the largest providers of commercial insurance coverage for public entities in the U.S.
Bank of Southern California, N.A. and CalWest Bancorp Announce Changes to Merger Agreement
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced that they have renegotiated the terms of their merger and have agreed to amend the initial Definitive Agreement announced on October 21, 2019 following shareholder meetings held on April 22, 2020.
Vanbridge Releases Second Comprehensive Review of US Representations and Warranties Insurance Market
NEW YORK, N.Y., April 27, 2020 (SEND2PRESS NEWSWIRE) -- Vanbridge, an EPIC company, an insurance intermediary and program management firm, published its second edition of its U.S. Representations and Warranties Insurance (R&W) Market Review today. This edition evaluates and summarizes domestic R&W data for the years 2017, 2018 and 2019.
ARMCO Launches ACES Consumer™ Quality Management Platform for Financial Institutions
DENVER, Colo., April 22, 2020 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the official release of ACES Consumer, the next iteration of its ACES Audit Technology platform designed specifically for financial institutions.
FormFree and Ocrolus Partner for Comprehensive Borrower Income Verification Program
ATHENS, Ga., April 21, 2020 (SEND2PRESS NEWSWIRE) -- FormFree, a leading fintech provider of credit decisioning services, today announced a partnership with Ocrolus, a leading fintech infrastructure company that transforms documents into actionable data with over 99% accuracy.
SimpleNexus app breezes past 2 million borrower downloads as more consumers and loan originators adapt to mobile mortgage origination
LEHI, Utah, April 21, 2020 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that more than two million consumers have downloaded its award-winning mobile app.
New Technology Connects Homeowners and Property Appraisers
RED DEER, Alberta, April 21, 2020 (SEND2PRESS NEWSWIRE) -- Everyone has been economically impacted by COVID-19 in one way or another and property appraisers are no exception. However, Anow, an appraisal management software developer, is excited to announce the launch of Anow Walkthrough a sophisticated, but straightforward homeowner inspection product.
LBA Ware Issues Q1 2020 LO Compensation Report
MACON, Ga., April 17, 2020 (SEND2PRESS NEWSWIRE) -- LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry compensation in the first quarter of 2020.
Top of Mind Launches PartnerNetwork Offering Lenders and Referral Partners a Simple Solution for Managing RESPA Compliance and Co-Branded Marketing Collateral
ATLANTA, Ga., April 16, 2020 (SEND2PRESS NEWSWIRE) -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced it has launched PartnerNetwork, a Real Estate Settlement Procedures Act (RESPA) solution that makes it easy for lenders and referral partners to co-brand marketing collateral with control and confidence.
Nationwide Equities Taps ReverseVision Private Program Support to Launch ‘EquityPower’ Reverse Mortgage Program
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Nationwide Equities Corporation (Nationwide Equities) has leveraged ReverseVision's private product support to launch its own private reverse mortgage program, EquityPower.
Global DMS Receives Innovations Award from PROGRESS in Lending for EVO Appraisal Management Software
LANSDALE, Pa., April 14, 2020 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of cloud-based appraisal management software, announced that it has been selected by PROGRESS in Lending for its "Innovations Award," which recognizes companies that have come together to create something truly game-changing for the mortgage space.