Tag: finance
Memphis-based Venture Capital Firm Innova Announces Sale of Portfolio Company Arkis Biosciences to Integra LifeSciences
MEMPHIS, Tenn., Aug. 6, 2019 (SEND2PRESS NEWSWIRE) -- Innova Memphis, a Memphis-based early stage venture capital firm, is pleased to announce the acquisition of its portfolio company Arkis Biosciences. Knoxville-based Arkis, a neuro-surgical medical device company, has been acquired by Integra LifeSciences Holding Corporation, a leading medical technology company.
NotaryCam Applauds Texas for Eliminating Roadblock to Remote Notarized Real Estate Transactions
NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam(R) Founder and CEO Rick Triola today praised the Texas legislature for passing SB 2128, which will go into effect on September 1. The bill provides recording jurisdictions with additional clarity when conducting paper recordings of electronically executed documents.
Successful Repayment of $27M to EB-5 Investors in New Commercial Enterprise Managed by A&J Capital, Inc.
LOS ANGELES, Calif. /California Newswire/ -- A&J Capital, Inc. (A&J), a financial services & advisory firm specializing in EB-5, private equity, and investment management, today announced its latest milestone of repaying $27 million of capital to EB-5 investors for one of its managed new commercial enterprises (NCE). A&J serves as a manager of the NCE and oversees its day-to-day activities, including the administration of the EB-5 loan.
OpenClose Bolsters Commitment to Software Innovation and Enhancement of Digital Mortgage Technology, Adds Experienced Technologist as VP of Innovation
WEST PALM BEACH, Fla., July 31, 2019 (SEND2PRESS NEWSWIRE) -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Allen Pollack, a seasoned industry veteran that has been instrumental in the digital shift and transformation of the industry, has joined the company in the newly created position of vice president of product innovation.
Appraisal Institute (AI) forms affinity partnership with Anow to equip members with top-shelf appraisal office management technology
RED DEER, Alberta, July 31, 2019 (SEND2PRESS NEWSWIRE) -- Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, has formed an affinity partnership with the Appraisal Institute (AI), the largest real estate appraisal organization in the United States. The partnership makes Anow's core appraisal office management platform available to AI members ("AI Professionals") and affiliates at a reduced rate.
SimpleNexus Partners with Informative Research to Expand Credit Integration Options for Its Mortgage Lender Customers
LEHI, Utah, July 30, 2019 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced an integration with Informative Research, a Tier-1 CRA and fintech leader in delivering a range of origination solutions for the mortgage industry.
Reconciled named one of the 2019 Accounting Today’s Best Accounting Firms to Work for
BURLINGTON, Vt., July 30, 2019 (SEND2PRESS NEWSWIRE) -- Reconciled, an online bookkeeping firm headquartered in Burlington, was recently named as one of the 2019 Accounting Today's Best Accounting Firms to Work for. Accounting Today has partnered with Best Companies Group to identify companies that have excelled in creating quality workplaces for employees
New API Enables Real-Time Data Transfers Between SimpleNexus, Mortgage Lenders and Third-Party Systems
LEHI, Utah, July 24, 2019 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the availability of an application program interface (API) and webhooks that enable mortgage lenders to establish real-time data syncing between SimpleNexus and non-integrated third-party systems.
Bank of Southern California, N.A. Announces 2019 Q2 Results
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the second quarter ended June 30, 2019. Total assets were $767 million for the second quarter of 2019, a 47% increase compared to the second quarter of 2018. Quarterly net income increased 20% to $1.57 million compared to $1.31 million in Q2 of 2018.
CMG Financial Accelerates Loan Originator Compensation and Delivers Loan-Level Insights to Management with LBA Ware’s CompenSafe
MACON, Ga., July 23, 2019 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, has partnered with CMG Financial to streamline incentive compensation for the lender's more than 500 loan originators (LOs) and other commission- and bonus-based employees.
Lang Capital Group Presents an Exquisite Dinner Cruise on The Odyssey Lake Michigan with IMAG
CHICAGO, Ill., July 23, 2019 (SEND2PRESS NEWSWIRE) -- The Lang Capital Group announces the International Multicultural Awards Gala (I.M.A.G) on August 9, 2019. The Gala will raise funds for IMAG of Greater Chicago's programs to build and repair hope, families, and resources in the greater Chicago communities.
Small Business Grant Offering to Inspire New Entrepreneurs to Get into The Game and Start Their Own Business
COLUMBIA, S.C., July 23, 2019 (SEND2PRESS NEWSWIRE) -- Horizon Commercial Leasing hopes to inspire new entrepreneurs to get into the game and start their own business. The property leasing experts have launched its first ever Small Business Grant offering up to $2,000 to potential and existing businessowners.
EPIC adds Surety Specialists Eric Feighl and John Hohlt in Houston Texas
HOUSTON, Texas, July 23, 2019 (SEND2PRESS NEWSWIRE) -- EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Eric Feighl has joined the firm as a Principal and Southwest Region Surety Practice Leader.
Former IRS Exec, Mark Bodenstab, Joins KBKG as Director of Research and Development Tax Credits
PASADENA, Calif. /California Newswire/ -- Nationwide tax specialty firm KBKG adds another former IRS manager to their team of experts. Mark Bodenstab joins as the firm's Director of Research & Development Tax Credits with over 30 years combined at the IRS and in the private sector.
New Capital Partners Invests in ARMCO
BIRMINGHAM, Ala., July 22, 2019 (SEND2PRESS NEWSWIRE) -- New Capital Partners (NCP), a private equity firm in Birmingham, Ala., today announces that it has partnered with Pompano Beach, Fla.-based ACES Risk Management Corp. (ARMCO), the leader in web-based quality assurance software for the financial services industry.
Anow Enterprise lets lenders and appraisal firms tap into the industry’s first peer-to-peer appraiser network
RED DEER, Alberta, July 17, 2019 (SEND2PRESS NEWSWIRE) -- Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, today announced the release of Anow Enterprise, a cloud software suite that connects individual appraisal companies to form service networks that can efficiently provide localized service at scale.
Level One Bank Enlists CompenSafe to Automate Incentive Compensation After Doubling Its Mortgage Division
MACON, Ga., July 16, 2019 (SEND2PRESS NEWSWIRE) -- LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Level One Bank (NASDAQ: LEVL) has chosen CompenSafe to automate incentive compensation for mortgage loan originators and support staff across the community bank's mortgage loan center and branch locations
NRL Mortgage Now Offering FormFree’s AccountChek Automated Asset Verification to Borrowers Nationwide
ATLANTA, Ga., July 16, 2019 (SEND2PRESS NEWSWIRE) -- FormFree today announced that loan originators and support staff at NRL Mortgage are now offering AccountChek automated asset verification to loan applicants nationwide. AccountChek gives borrowers a convenient and secure way to verify their assets without having to print, scan or fax bank statements.
EPIC Insurance Brokers Further Expands Southwest Operations into Arizona
SAN FRANCISCO, Calif. and PHOENIX, Ariz., July 15, 2019 (SEND2PRESS NEWSWIRE) -- EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today the expansion of their operations in the Southwest with the hiring of Client Manager Luke Aschermann, Property & Casualty Claims Manager Norma Brehm, and Principal/Senior Client Advocate Belinda Lopes. All join EPIC from Willis Towers Watson.
Do I Need Travel Insurance for the 2019 Hurricane Season? TravelInsurance.com Provides Answers
NEW YORK, N.Y., July 11, 2019 (SEND2PRESS NEWSWIRE) -- With Tropical Storm Barry expected to become the first named hurricane of 2019, thus begins the storm season that will likely impact hundreds of thousands of travelers, according to TravelInsurance.com. The question many travelers have is "Will my travel plans be affected, and if so, how can I make sure I don't lose the hard-earned money I've invested in this vacation?"
ARMCO QC Trends Report: Defects Related to Loan Package Documentation Doubled from 2017 to 2018
POMPANO BEACH, Fla., July 11, 2019 (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 covers both the fourth quarter (Q4) and the calendar year (CY) 2018, and provides loan quality findings for mortgages reviewed by ACES Audit Technology.
OpenClose and Vice Capital Markets Integrate for Enhanced Hedging Automation
WEST PALM BEACH, Fla., July 11, 2019 (SEND2PRESS NEWSWIRE) -- OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced the completion of an integration with Vice Capital Markets Inc., an established mortgage hedge advisory firm. Focused on maximizing hedging efficiencies, the new interface reduces the time to prepare and deliver loan data.
FormFree Partners with FundingShield to Deliver Enhanced Wire Fraud Protection to FormFree’s Network of More than 1,000 Mortgage Lenders
ATLANTA, Ga., July 11, 2019 (SEND2PRESS NEWSWIRE) -- FormFree(R) today announced that it has entered into a strategic alliance with FundingShield, a fintech firm that safeguards homebuyers, mortgage lenders and title insurance underwriters from wire fraud.
Total Expert and ReverseVision Join Forces to Transform Reverse Mortgage Customer Journey
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the reverse mortgage industry, today announced a partnership with Total Expert, creator of the first marketing operation system (MOS) specifically for banks and mortgage lenders. The two companies have deployed an API integration that links the Total Expert MOS with ReverseVision's RV Exchange (RVX).
Peter Grandich and Company Teams with Major CPA Firm
SPRING LAKE, N.J., July 10, 2019 (SEND2PRESS NEWSWIRE) -- Trinity Financial, Sports & Entertainment Management Company, a division of Peter Grandich and Company, announced today that it has teamed with the Sports & Entertainment Division of one of the largest CPA firms in the Tri-State Region, WithumSmith+Brown, PC ("Withum").
John W. Hanning of KBKG Elected President of American Society of Cost Segregation Professionals
ATLANTA, Ga., July 8, 2019 (SEND2PRESS NEWSWIRE) -- Nationwide tax specialty firm KBKG announced that their Principal, John W. Hanning, was recently elected President (2019 - 2021) of the American Society of Cost Segregation Professionals' (ASCSP) Board of Directors.
Mace Innovations Hires Chris Giles as Director of Business Development
SALT LAKE CITY, Utah, July 8, 2019 (SEND2PRESS NEWSWIRE) -- Mace Innovations announced today that it has brought in Chris Giles as Director of Business Development. Mace Innovations' suite of automation products allows companies to streamline time consuming tasks like data input and document delivery, freeing up employees to get more done.
ARMCO Expands Business Development Team – Industry veteran Mike Ehring to expand client base across several verticals
POMPANO BEACH, Fla., July 3, 2019 (SEND2PRESS NEWSWIRE) -- ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has hired industry veteran Mike Ehring as senior director of business development.
Former Treasury Official Craig Phillips to Deliver Keynote at #NEXTDC19
WASHINGTON, D.C., July 2, 2019 (SEND2PRESS NEWSWIRE) -- NEXT Mortgage Events, creator of NEXT women's executive mortgage summit, and Housing Finance Strategies, a Washington, D.C. advisory firm founded by Faith Schwartz, today announced that former Treasury Department official, Craig Phillips, will deliver the keynote #NEXTDC19 on November 19, 2019 at Kimpton Hotel Monaco in Washington, D.C.
CPROP Partners with The Mortgage Collaborative as Its Exclusive Blockchain Vendor
COVINGTON, Ky., July 1, 2019 (SEND2PRESS NEWSWIRE) -- CryptoProperties LLC (CPROP) is pleased to announce it has signed an agreement with The Mortgage Collaborative (TMC) to join its Preferred Partner Network as TMC's exclusive provider of blockchain-enabled products and services.
EPIC adds Awareness and Communications Professionals Jon Williams, TJ Rosenberg and Dale Smith
ATLANTA, Ga. and SAN FRANCISCO, Calif., July 1, 2019 (SEND2PRESS NEWSWIRE) -- EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today the hiring of Jon Williams, TJ Rosenberg, and Dale Smith to lead the Awareness & Communications Practice as Managing Directors within EPIC Risk Consulting.
SimpleNexus Bolsters Senior Leadership Team to Support Expanding Roster of Mortgage Lender Clients
LEHI, Utah, June 28, 2019 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that it has bolstered its senior leadership team with the appointments of three vice presidents to support the company's rapidly expanding roster of mortgage lender clients.
Mann Mortgage Revamps Loan Originator (LO) Compensation Structure, Gains Cost-Efficiency and Flexibility with LBA Ware’s CompenSafe
MACON, Ga., June 28, 2019 (SEND2PRESS NEWSWIRE) -- LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Mann Mortgage has successfully overhauled its incentive compensation plan structure and management with CompenSafe.
Financial Research Firm Reveals New FLEX-10 Index to Track Performance of the Market’s Top Ten Stocks
BALTIMORE, Md., June 20, 2019 (SEND2PRESS NEWSWIRE) -- Charles Street Research (CSR), a financial research and publishing think tank based in Baltimore, Maryland, recently revealed a brand new performance index for one of their top research services.
EPIC adds New Benefits Consulting Team in Houston TX
HOUSTON, Texas and SAN FRANCISCO, Calif., June 20, 2019 (SEND2PRESS NEWSWIRE) -- EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today the hiring of Principal Ed Oravetz, Principal Keith McNeely, Principal David Potts, Client Executive Elisha Johnson and Client Manager Marilu Alejandre.
SimpleNexus Helps Raise $17,500 for Families of Hospitalized Children as Sponsor of 9th Annual Security National Charity Golf Classic
LEHI, Utah, June 19, 2019 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, helped raise more than $17,500 to support the families of hospitalized children as a Birdie-level sponsor of Security National Mortgage Company's ninth annual SN Charity Golf Classic.
The Solaris Group, LLC Joins Klingenstein Fields
NEW YORK, N.Y., June 18, 2019 (SEND2PRESS NEWSWIRE) -- The Solaris Group (Solaris), a New York-based wealth advisor and investment consultant to non-profit organizations, today announced that it is joining KF Group LP, an affiliate of Klingenstein Fields Wealth Advisors (KFWA), a complementary wealth advisor also based in New York.
Klingenstein Fields Wealth Advisors Acquires Assets of The Solaris Group LLC
NEW YORK, N.Y., June 14, 2019 (SEND2PRESS NEWSWIRE) -- Klingenstein Fields Wealth Advisors (KFWA), a leading independent wealth advisor based in New York, today announced the acquisition, through its affiliate KF Group LP, of the assets of The Solaris Group, LLC (Solaris), a complementary New York-based wealth advisor. Together, the combined firm will have over $4.0 billion in assets under management.
Hometown Lenders Adopts ReverseVision Loan Origination Technology for Reverse Lending Channel
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Hometown Lenders has implemented ReverseVision's HECM and proprietary reverse loan origination technology to support the launch of the independent mortgage bank's HECM lending channel.
Jessica Merino Receives the Young Entrepreneur Award from NAWBO Chicago
CHICAGO, Ill., June 13, 2019 (SEND2PRESS NEWSWIRE) -- On Monday, May 6, 2019, Jessica Merino of Merino Wealth Management received the Young Entrepreneur Award at the Annual Celebration NAWBO Chicago Achievement Luncheon.
Homebot Aims to Improve Prequal-to-App Pull Through with Buyer Enhancements to Its Customer Engagement Platform
DENVER, Colo., June 13, 2019 (SEND2PRESS NEWSWIRE) -- Homebot, a customer engagement platform that delivers financial scenarios to help homeowners build wealth, today announced major enhancements to the homebuying side of its platform. The latest release inserts lenders into the market search process by integrating prompts for buyers to obtain a prequal or preapproval, lock a rate, and inquire about down payment with a single click.
Texan Title Taps SafeWire by SafeChain to Provide Protection Against Wire Fraud
COLUMBUS, Ohio, June 13, 2019 (SEND2PRESS NEWSWIRE) -- SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Texan Title has chosen SafeWire(TM) to defend its clients' wire transactions against fraud. The blockchain-backed platform will be deployed across Texan Title's family of title companies located across Texas.
Bank of Southern California Names Kamran Khosrovani Branch Managing Director in Los Angeles
LOS ANGELES, 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 hired Kamran Khosrovani as Branch Managing Director of Business Banking in Los Angeles. He will focus on client acquisition and retention as Bank of Southern California looks to further expand its presence throughout the greater Los Angeles region.
Fidelity National Financial Inc. (NYSE:FNF) Adds NotaryCam Remote Notarization Service to Online Closing Options
NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam(R), the pioneering leader in online notarization and the original provider of mortgage eClosing solutions, today announced that Fidelity National Financial (FNF), will allow the use of NotaryCam to deliver remote online notarization (RON) and remote online closing (ROC) capabilities to FNF's network of direct title and settlement operations, as well as its network of independent title agents.
Mary Grandy of EPIC Insurance Brokers Receives 2019 Joe Quigley Memorial Award
SACRAMENTO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that EPIC Sacramento-based Vice President of Property & Casualty, Mary Grandy, was the 2019 recipient of the Joe Quigley Memorial Award, conferred annually by the Construction Financial Management Association (CFMA).
EPIC’s Kevin Ach to Moderate Executive Session on Loss Prevention and Asset Protection at NRF Protect
ANAHEIM, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Kevin Ach, Vice President of Risk Assurance for EPIC's Integrated Risk Solutions Practice will moderate the Executive Afternoon session on loss prevention at the National Retail Foundation's "NRF Protect" Conference, June 11 in Anaheim, Calif.
Marie O’Brien of Mortgage Quality Management and Research Named 2019 HousingWire Rising Star
LOS ANGELES, Calif. /California Newswire/ -- Mortgage Quality Management and Research, LLC (MQMR) announced today that its Director of Compliance Marie O'Brien has been recognized by HousingWire magazine in its sixth annual HW Rising Star Awards program. O'Brien also serves as a Senior Associate in the Compliance Department of Abrams Garfinkel Margolis Bergson, LLP and as MQMR's Associate General Counsel.
Command Investigations Recapitalizes to Continue Growth Trajectory
LAKE MARY, Fla., June 5, 2019 (SEND2PRESS NEWSWIRE) -- Command Investigations ("Command") and Monument MicroCap Partners, LLC ("Monument") announce that they have completed a recapitalization transaction that will allow Command to venture into the next aspect of its growth phase and solidify itself as the premier investigative service provider in the United States.
Best Friends Pet Hotel Announces ESOP Acquisition Led by Mosaic Capital Partners, Becoming the Largest Employee-Owned Pet Care Company
NORWALK, Conn., June 4, 2019 (SEND2PRESS NEWSWIRE) -- Best Friends Pet Hotel, a national operator of pet hotels with 30 locations throughout the United States offering boarding, grooming, doggy day camp, training and retail services at each of its locations, announced today its Employee Stock Ownership Plan, or ESOP, acquisition led by Mosaic Capital Partners.
HousingWire Honors SimpleNexus COO Ben Miller for Driving SimpleNexus’ Quadruple-Digit Growth
LEHI, Utah, June 4, 2019 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that company President and Chief Operating Officer Ben Miller has been named one of HousingWire's 2019 HW Rising Stars.
