Tag: finance
Mortgage Capital Trading (MCT) Scores High Marks in Satisfaction, Lender Loyalty, and Functionality Effectiveness According to Recent Study by STRATMOR Group
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that the 2018 STRATMOR Technology Insight Study rated MCT as the leader in overall satisfaction, lender loyalty, and functionality effectiveness in the production pipeline hedging industry, according to survey respondents.
Specialty Tax Firm KBKG Names John W. Hanning Principal
COLUMBUS, Ohio, Feb. 19, 2019 (SEND2PRESS NEWSWIRE) -- Nationwide tax specialty firm KBKG recently promoted John W. Hanning to Principal. John leads a team of engineers and specialists based out of the firm's Atlanta office that services both the Midwest and Southeast region that stretches from Ohio to Florida.
MReport Names DocMagic CEO Dominic Iannitti a 2019 ‘Top 25 Industry Leader and Influencer’
TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that MReport magazine has named company president and CEO Dominic Iannitti one of its Top 25 Industry Leaders & Influencers for 2019.
Mary Shah Named Principal at Strategic Benefits Advisors, Inc.
ATLANTA, Ga., Feb. 12, 2019 (SEND2PRESS NEWSWIRE) -- Independent, full-service employee benefits consulting firm Strategic Benefits Advisors, Inc. (SBA) today announced the appointment of retirement plan consultant Mary Shah as its newest principal. Shah's promotion recognizes a track record of outstanding client service delivery and business development contributions since joining SBA.
Bank of Southern California, N.A. Announces Q4-2018 and Year End Financial Results
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL) announced quarterly net income of $2.0 million for the fourth quarter of 2018, compared to $875 thousand in the third quarter of 2018 and $1.1 million for the fourth quarter of 2017. For the year ended December 31, 2018, net income was $5.3 million compared to $4.0 million for the year ended December 31, 2017.
American Financial Network Deploys CompenSafe to Provide Real-Time Reporting of Loan Originator Compensation
MACON, Ga., Feb. 8, 2019 (SEND2PRESS NEWSWIRE) -- LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that American Financial Network, Inc. (AFN), a mortgage lender with more than 125 branches nationwide, has adopted CompenSafe to manage loan originator (LO) compensation plans with greater efficiency and transparency.
American Society of Appraisers (ASA) partners with Anow to give real property appraisers a competitive edge
RED DEER, Alberta and WASHINGTON, D.C., Feb. 7, 2019 (SEND2PRESS NEWSWIRE) -- Anow, creator of the leading software for real estate appraisal offices, today announced a partnership with the American Society of Appraisers (ASA) that gives members a significant discount off Anow's core appraisal office management platform and early access to the tech firm's cutting-edge products currently in development.
ARMCO Named a ‘Top 100 Mortgage Employer’ by National Mortgage Professional Magazine for Third Consecutive Year
POMPANO BEACH, Fla., Feb. 5, 2019 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, announced that it was named among National Mortgage Professional (NMP) magazine's annual Top 100 Mortgage Employers list for 2019. This is the third consecutive year the company has been recognized with this distinction.
Restaurant Results and Outlook Survey: Over 700 Independent Operators Share Their 2018 Results and Plans for 2019
PHOENIX, Ariz., Jan. 31, 2019 (SEND2PRESS NEWSWIRE) -- RestaurantOwner.com has released the report of their 2019 Independent Restaurant Outlook Survey. This is the third consecutive Outlook Report which summarizes input gathered from over 700 independent restaurant owners and operators regarding their 2018 financial performance, as well as their optimism about 2019.
National Mortgage Professional Magazine Designates OpenClose a Top Mortgage Employer for the Third Consecutive Year
WEST PALM BEACH, Fla., Jan. 30, 2019 (SEND2PRESS NEWSWIRE) -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that it was selected as a 2019 Top Mortgage Employer by National Mortgage Professional (NMP) magazine for the third straight year.
Advanced Mediation Solutions and Princeton Financial Group Announce Partnership for High Net Worth Divorces
HADDONFIELD, N.J., Jan. 29, 2019 (SEND2PRESS NEWSWIRE) -- Advanced Mediation Solutions (AMS) and Princeton Financial Group are pleased to announce that they have teamed up to handle divorces for high net worth couples in New Jersey, New York, and Pennsylvania.
Mark Maher and David Nielsen Assume Leadership Roles at JenCap Holdings LLC
NEW YORK, N.Y., Jan. 22, 2019 (SEND2PRESS NEWSWIRE) -- JenCap Holdings LLC (JCH), a specialty insurance business, announced that Mark P. Maher has been promoted to Chief Operating Officer and that David Nielsen had recently joined the firm as Corporate Chief Financial Officer.
Business Association of Real Estate Appraisers (BAREA) partners with Anow to empower appraisal firms in Canada with transformative tech
RED DEER, Alberta, Jan. 22, 2019 (SEND2PRESS NEWSWIRE) -- Anow, the appraisal firm management software developer that simplifies the way real estate appraisers manage their businesses, today announced a partnership that makes its powerful appraisal technology platform available to members of the Business Association of Real Estate Appraisers (BAREA).
Transformational Mortgage Solutions Appoints Michael Barrett as Mortgage Executive Consultant
AUSTIN, Texas, Jan. 22, 2019 (SEND2PRESS NEWSWIRE) -- Leading mortgage industry management consulting firm Austin, Texas-based Transformational Mortgage Solutions (TMS), today announced that it has brought on Michael Barrett as mortgage executive consultant. In this role, Barrett will apply his more than 17-years of mortgage business and product development expertise to helping TMS clients improve process efficiencies, execute digital mortgage transformation strategies and expand profit margins.
LenderCity Chooses FinKube’s ELSA AI-Powered Virtual Assistant
DALLAS, Texas, Jan. 18, 2019 (SEND2PRESS NEWSWIRE) -- FinKube, a company that provides AI-powered Platform-as-a-Service solutions for a range of industries, announced today that St. Louis-based LenderCity has successfully deployed ELSA, FinKube's Electronic Loan Services Assistant. The mortgage industry's first chatbot is already interacting with prospective borrowers on the LenderCity website.
Strategic Benefits Advisors Promotes Three Consultants to Director Level
ATLANTA, Ga., Jan. 15, 2019 (SEND2PRESS NEWSWIRE) -- Independent, full-service employee benefits consulting firm Strategic Benefits Advisors (SBA) today announced the advancement of retirement plan consultants Kim Shumate, David Runsick and Harry Souder to the role of director. Shumate, Runsick and Souder were promoted in recognition of their sustained contributions to SBA, including their proven success leading complex projects to high-value outcomes and fostering strong client relationships.
LBA Ware CEO to Discuss Loan Originator Compensation Trends in Today’s Market at MBA Independent Mortgage Bankers Conference
MACON, Ga., Jan. 15, 2019 (SEND2PRESS NEWSWIRE) -- LBA Ware, provider of the leading automated compensation and sales performance management platform for mortgage lenders, today announced that its Founder and CEO Lori Brewer will be a panelist at the Mortgage Bankers Association's (MBA) 2019 Independent Mortgage Bankers (IMB) Conference, which will be held January 28-31 at the Hyatt Regency San Francisco.
Anow Closes 2018 with 110-percent Year-over-Year Increase in Orders Processed Through Its Digital Appraisal Office Management Technology
RED DEER, Alberta, Jan. 15, 2019 (SEND2PRESS NEWSWIRE) -- Digital appraisal management software developer Anow reported a record 110 percent year-over-year increase in appraisal orders processed through its core appraisal office management platform in 2018 despite an industry-wide, market-driven drop in orders per customer. The announcement follows a year punctuated by major product launches and enhancements as the growing firm continues to lead the appraisal industry in innovation.
Bank of Southern California, N.A. Names Bill Lamison VP, Underwriter
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has announced the appointment of Bill Lamison as Vice President, Underwriter. He will join the company's established business banking team and will be responsible for structuring, analyzing and underwriting commercial credit for new clients as well as managing an existing portfolio of customers.
Caregivers Will Be Honored as ‘Saints’ in New Orleans ‘Gift Bag Assembly’ Event, Organized by ACSIA Partners
NEW ORLEANS, La., Jan. 14, 2019 (SEND2PRESS NEWSWIRE) -- While the New Orleans Saints give their all on the football field, caregivers give their all in sickrooms, bedrooms, and care centers. They are also "saints." They will be honored for their devotion in a "Caregiver Gift Bag Assembly & Giveaway" event, 4 to 5 p.m. on Saturday, January 19, at Sheraton New Orleans Hotel, New Orleans. Organized by ACSIA Partners, the event will include representatives from a dozen care-related organizations.
ARMCO Launches ARMCO CARES Employee Donation Matching Program
POMPANO BEACH, Fla., Jan. 10, 2019 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, announced the launch of ARMCO CARES, the company's employee matching gift program.
Triserv Becomes a Preferred Partner of The Mortgage Collaborative
ROSWELL, Ga., Jan. 9, 2019 (SEND2PRESS NEWSWIRE) -- Triserv, a national appraisal management company (AMC), is proud to announce a strategic partnership with The Mortgage Collaborative to provide appraisal management services to the organization's growing lender member network.
Klingenstein Fields Wealth Advisors: In Memoriam – Frederick A. Klingenstein
NEW YORK, N.Y., Jan. 7, 2019 (SEND2PRESS NEWSWIRE) -- The Members of Klingenstein Fields Wealth Advisors (KFWA) mourn the passing of Fred Klingenstein, a founding member of the firm and Chairman Emeritus. Together with his brother, John Klingenstein, and colleague, Kenneth H. Fields, Fred established the firm in 1989 to provide investment advice and guidance to high-net-worth individuals and families. Prior to KFWA, Fred was CEO of Wertheim & Company and Co-Chairman of Wertheim-Schroder & Company.
Paragon Insurance Holdings, LLC Acquires Argo Landscapers Program
AVON, Conn., Jan. 7, 2019 (SEND2PRESS NEWSWIRE) -- Paragon Insurance Holdings, LLC, a national multi-line specialty program manager, today announced it has contracted with Argo Group International Holdings, Ltd. (NYSE: ARGO) to assume MGA responsibilities for Argo's Landscape Contracting program, effective January 1, 2019.
Deal-closing tool, heymate, adds new board member and two strategic advisors
ZUG, Switzerland, Jan. 3, 2019 (SEND2PRESS NEWSWIRE) -- heymate, the portable deal-closing tool, which allows workers in the gig economy to create, negotiate and settle offer-for-work contracts in under 20 seconds on any non-transactional marketplace, proudly announced the appointment of a new board member and two strategic advisors.
ARMCO QC Trends Report: Defect Trends Indicate Continued Lender Downsizing
POMPANO BEACH, Fla., Dec. 20, 2018 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, announced the release of the quarterly ARMCO Mortgage QC Trends Report. The latest report provides loan quality findings for mortgages reviewed by ACES Audit Technology(tm) during the second quarter (Q2) of 2018.
Brian Barrilleaux Joins JenCap Holdings’ M.J. Kelly Company
SPRINGFIELD, Mo., Dec. 17, 2018 (SEND2PRESS NEWSWIRE) -- JenCap Holdings LLC (JCH), a specialty insurance business, announced today that Brian Barrilleaux has joined its M.J. Kelly (MJK) division as President. MJK is a managing general agency and wholesale insurance brokerage based in Springfield, Missouri with offices in nine states throughout the Midwest and Southeast.
Data Reporting Company Provides Credit Solutions for Renters Across the Country
SAINT LOUIS, Mo., Dec. 6, 2018 (SEND2PRESS NEWSWIRE) -- Rock The Score ("RTS," a privately held corporation) is a new company with a new concept. RTS reports data to the credit bureaus that traditionally does not get reported through normal channels. This provides information, data and clarity to end users such as mortgage lenders, banks, insurance providers and many more. (VIDEO)
Nations Valuation Services Integrates Anow Appraisal Management Software to Accelerate Turn Times and Elevate Customer Experience for Mortgage Lenders
RED DEER, Alberta and PRAIRIE VILLAGE, Kan., Dec. 5, 2018 (SEND2PRESS NEWSWIRE) -- Nations Valuation Services (NVS), the appraisal services division of the Nations Companies, today announced the integration of appraisal management software from Anow with NVS' proprietary management system, AppraisalTRAX.
JenCap Holdings LLC to Acquire Risk Innovations, a Specialty Insurance Business
ATLANTA, Ga., Dec. 3, 2018 (SEND2PRESS NEWSWIRE) -- JenCap Holdings LLC (JCH), a specialty insurance business, announced today that it has agreed to acquire privately-held Risk Innovations LLC, a specialty wholesale insurance broker based in Atlanta, Georgia. Financial terms were not disclosed.
Cloudvirga taps former Altisource CTO James Vinci as Executive VP of Technology
IRVINE, Calif. /California Newswire/ -- Cloudvirga(TM), a leading provider of digital mortgage software, today announced that mortgage industry veteran James Vinci has been selected to fill the firm's newly created executive vice president of technology position. In this role, Vinci will execute Cloudvirga's technical vision, oversee initiatives to strengthen developer talent and collaborate across departments to scale technical initiatives to the company's explosive growth.
LBA Ware Recruits Veteran Mortgage Compensation Leader Mari Denton as Director of Client Success
MACON, Ga., Nov. 27, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware, the leading provider of automated incentive compensation and sales performance management software for mortgage lenders, today announced the appointment of Mari Denton as director of client success. An experienced finance professional, Denton has spent the last decade of her career in senior roles at some of the nation's largest banks and independent mortgage lenders.
Enrolled Agent Jeffrey Schneider, EA, CTRS, NTPIF of SFS Tax and Accounting Services Earns ACT-E Designation
STUART, Fla., Nov. 27, 2018 (SEND2PRESS NEWSWIRE) -- Jeffrey Schneider, EA, CTRS, NTPIF, ACT-E of SFS Tax & Accounting Services and SFS Tax Problem Solutions in Stuart, Florida, a tax preparation and tax resolution firm, has received the Advanced Crypto Tax Expert designation (ACT-E).
How Much Does It Cost to Open a Restaurant? 350 Independent Restaurant Owners Share Their 2018 Startup Costs and Financial Performance
PHOENIX, Ariz., Nov. 15, 2018 (SEND2PRESS NEWSWIRE) -- RestaurantOwner.com has released the report of their 2018 Cost to Open a Restaurant Survey. The report summarizes input gathered from over 350 independent restaurant owners and operators regarding their startup costs as well as their financial performance.
Former Roostify exec Jesse Decker joins Cloudvirga as chief customer success officer
IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage software, today announced the appointment of Jesse Decker to the role of chief customer success officer. Decker will lead the company's customer success division and work collaboratively with its product development and marketing teams to help leading mortgage lenders leverage the full potential of Cloudvirga's revolutionary point-of-sale (POS) products.
Simplifile’s Nancy Alley Lauded as One of Mortgage Banking’s Most Powerful Women by National Mortgage Professional
PROVO, Utah, Nov. 13, 2018 (SEND2PRESS NEWSWIRE) -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that Vice President of Strategic Planning Nancy Alley was recognized by National Mortgage Professional Magazine on its 2018 list of Mortgage Banking's Most Powerful Women.
Enrolled Award Jeffrey Schneider, EA, CTRS, NTPIF Named ‘2018 Top Practitioner’ by the ASTPS
STUART, Fla., Nov. 8, 2018 (SEND2PRESS NEWSWIRE) -- Stuart Enrolled Agent and Certified Tax Resolution Specialist, Jeffrey Schneider of SFS Tax Problem Solutions was chosen by the American Society of Tax Problem Solvers (ASTPS) as the 2018 Top Practitioner.
Mortgage Capital Trading to Secure Sensitive Borrower Data Exposed in 90 Percent of Secondary Market Transactions
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it is incorporating the company's patent-pending geocoding technology into its Bid Auction Manager(TM) (BAM) whole loan trading platform in order to shield borrower addresses from being shared with non-buying entities throughout the whole loan bidding process.
Ndex Systems launches breakthrough in consolidating data for reporting to clients on investment, fixed indexed annuity and insurance accounts
BOSTON, Mass., Nov. 7, 2018 (SEND2PRESS NEWSWIRE) -- Ndex Systems today announced the launch of a major enhancement in its ability to generate consolidated reports for portfolios that include indexed annuities and insurance accounts.
MReport Names LBA Ware Among Mortgage Industry’s Top 25 Employers
MACON, Ga., Nov. 2, 2018 (SEND2PRESS NEWSWIRE) -- LBA Ware, the leading provider of automated compensation software and systems integration solutions for mortgage lenders, announced today that it has been named to MReport's inaugural list of the Top 25 Companies to Work For in mortgage and housing.
QRL Financial Leverages DocMagic eVault Technology to Purchase eNotes from Correspondent Clients
ANAHEIM, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that QRL Financial Services (QRL), a nationwide provider of residential mortgage lending services for community banks and credit unions, has leveraged its eVault technology to purchase eNotes. The announcement was made during the 24th Annual CUNA Lending Council Conference.
News: MCT to Unveil its MSRlive! Platform that Accurately, Easily and Quickly Values Servicing Portfolios
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced the upcoming launch of MSRlive!, a powerful web-based platform designed to effectively support lenders' efforts to build, maintain and optimize their servicing portfolios.
$125M in Telecom Refunds and 25 Years later with Auditel Inc. Telecom Expense Management Company
ORLANDO, Fla., Oct. 23, 2018 (SEND2PRESS NEWSWIRE) -- Auditel Inc. of Florida celebrates 25 years in business. Barbara Clements founded Auditel in February of 1993. "I'm often asked how Auditel started and changed over the years."
News: Digital Mortgage Maven Kelly Purcell Joins NotaryCam as EVP of Marketing and Business Development
NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam, leader in online notarization and the original provider of mortgage eClosing solutions, today announced that the company has hired digital mortgage specialist Kelly Purcell as Executive Vice President of Marketing and Business Development.
News: Bank of Southern California NA Announces Senior Vice President Promotions
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., announced the promotions of Margaret Rheinwald to Senior Vice President, Controller and Sharokin Badal to Senior Vice President, Treasury Services. The promotions reflect their years of service with the bank and their meaningful contributions to support the company's ongoing growth and expansion.
iFOS Managing Consultants Awarded a Multi-Year FOIA Support Services Contract with DOD
COLUMBIA, Md., Oct. 16, 2018 (SEND2PRESS NEWSWIRE) -- Intelligent Fiscal Optimal Solutions(R) (iFOS) Managing Consultants, LLC is pleased to announce the notification of a multi-year award to provide Freedom of Information Act (FOIA) services for the Office of the Assistant Secretary of Defense for Public Affairs located in Washington, D.C.
Cloudvirga Selected to Demo Mobile POS at 2018 MBA Annual Conference and Expo in Washington, DC
IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage software, announced that it has been selected to demo its recently launched Mobile POS at the Mortgage Bankers Association's Annual Conference & Expo 2018, taking place October 14-17 at the Walter E. Washington Convention Center in downtown Washington, D.C.
Dallas-based Ainsworth Advisors Lands Top-Tier Mortgage Business Leaders to Guide Long Range Growth for Lenders
DALLAS, Texas, Oct. 12, 2018 (SEND2PRESS NEWSWIRE) -- Ainsworth Advisors, LLC, a group of veteran mortgage industry leaders offering strategic and tactical advice, helping improve efficiencies and developing strong leadership teams for world-class mortgage lending businesses, today announced it has deepened its bench strength with unparalleled expertise in key operations and planning areas.
OpenClose Launches RESTful API Suite for Connectivity to Third Party Applications and Services
WEST PALM BEACH, Fla., Oct. 10, 2018 (SEND2PRESS NEWSWIRE) -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced the release of a RESTful API suite designed to offer its customers an easier, more cost effective and secure standardized solution to enable rich and deep direct interactions with their system of record from third party and home grown systems.
Mortgage Capital Trading Adds Investors to Bid Tape AOT Tri-Party Agreement Automation in its Bid Auction Manager (BAM) Platform
SAN DIEGO, Calif., Oct. 5, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that new investor bid tape assignment-of-trade (AOT) loan sale executions are now available for sellers using its BAM whole loan trading platform.
