Tag: finance

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

IRVINE, Calif. /California Newswire/ -- Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, was honored as one of the world's top fintech firms at last week's Benzinga Global Fintech Awards.

TORRANCE, Calif. /California Newswire/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that retail mortgage lender Guaranteed Rate can now cut closing time by electronically signing mortgage closing documents in advance.

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of credit and verification solutions firm Partners Credit & Verification Solutions to its Preferred Partner network. Partners Credit offers TMC members a suite of comprehensive and customized credit related products and services.

SAN DIEGO, Calif. /California Newswire/ -- Global DMS, a leading provider of cloud-based valuation management software, announced that it launched EVO-Commercial(TM) (EVO-C) at the MBA's CREF/Multifamily Housing Convention & Expo being held in San Diego from February 11 - 14. The new platform is 100 percent configurable, fully customizable, quick and easy to implement, eliminates numerous steps in the workflow process, lowers system maintenance costs and empowers end-users as well as management teams, among many other efficiency gains.

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it will be holding a complimentary educational webinar discussing many important changes to the Financial Industry Regulatory Authority (FINRA) Mark to Market Rule. The webinar, hosted by the Community Mortgage Lenders of America (CMLA), will guide lenders through all of the mandated rule changes in advance of the required implementation date of June 25, 2018.

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

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has gained unprecedented industry-wide technology adoption among the investor aggregator community. MCT officially unveiled the Bulk Acquisition Manager(TM) (BAM) within its capital markets software platform, MCTlive!, in July of this year.

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it earned a spot on the San Diego Business Journal's (SDBJ) Best Places to Work list for the sixth year in a row.

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announced a new preferred partner relationship with national credit information service provider, Certified Credit Reporting. As a result of this new partnership, lender members of The Mortgagee Collaborative will receive discounted pricing on Certified Credit's suite of credit and verification services.

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.

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.

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.

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.

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.

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc., a leading software and technology provider for the reverse mortgage industry, today announced that Gregg Holsapple has joined as Product Strategist. In this role, Holsapple will have responsibility for product and program analysis, developing requirements and building out our product design process.

COSTA MESA, Calif. /California Newswire/ -- LendingQB, a provider of web-based loan origination software, today announced that it has officially launched its Lean Lending methodology for the mortgage industry. Lean Lending is a technology strategy that enables lending entities to streamline processes, ensure compliance, and drive continuous organizational improvement.

SAN DIEGO, Calif. /California Newswire/ -- MCT Trading, Inc., a recognized leader in mortgage pipeline hedging and risk management services, announced that is has been chosen as one of the 2013 Best Places to Work in San Diego, California by the San Diego Business Journal.

SAN DIEGO, Calif. /California Newswire/ -- MCT Trading, Inc., a leader in mortgage pipeline hedging and risk management services, announced that it has been named to the San Diego Business Journal's 2013 'Top 100' annual fastest-growing private companies list, with a specific ranking of 24. Organizations that earned a spot on the list were honored at a recent awards ceremony held at the Paradise Point Resort and in San Diego.

SAN DIEGO, Calif. /California Newswire/ -- National University is the second-largest private, non-profit university in California. With more than 23,000 students it was imperative to find a financial aid management solution that would drive automation and support their complex packaging and repackaging needs. Regent Education's Regent 8 was selected based on its advanced packaging and automation capabilities.

SAN MARCOS, Calif. /California Newswire/ -- Today, The Compliance Group, Inc., a leading mortgage compliance services provider, has announced that the California Mortgage Bankers Association recently named its CEO and president Annemaria Allen a director.

COSTA MESA, Calif. /California Newswire/ -- Today, LendingQB, a provider of end-to-end loan origination software, announced that it has been designated to Mortgage Technology magazine's Top 50 Service provider list for the first time. The company attributes the value that its new loan origination system (LOS) is delivering to lending organizations as a key reason it made this year's Top 50 list.

SAN DIEGO, Calif. /California Newswire/ -- The Compliance Group, Inc., a leading mortgage compliance services provider, has hired sales veteran Nicole Delzer as national sales director. Delzer's responsibilities will include new business development, as well as managing the national sales pipeline and internal sales team.

NEWPORT BEACH, Calif. /California Newswire/ -- On April 10, Dr. Barry Eichengreen will be the Guest Expert on 'Market Wrap with Moe Ansari,' a nationally syndicated radio show that analyzes Wall Street news and provides insight into the complexities of the stock market.

NEWPORT BEACH, Calif. /California Newswire/ -- Citivest Inc., a leading full service real estate investment firm, announces that it has recently purchased its one thousandth single family residence (SFR) for its 'short term flip' and long term rental property investment programs.

LOS ANGELES, Calif. /California Newswire/ -- Dealpoint Merrill (a subsidiary of The Merrill Group of Companies), a regional owner and operator of value added adaptive reuse properties, retail conversions and investments, is proud to announce Sterling McGregor has joined the company as Co-Founder and Chief Investment Officer.

MILL VALLEY, Calif. /California Newswire/ -- ArteQuesta Collectors Drs. Holly and Mark Monroe will loan a portion of their collection for display in ArteQuesta's private museum, Rayah Levy and Jessica Jacobson, co-founders of ArteQuesta, announced today.

COSTA MESA, Calif. /California Newswire/ -- PersonaGrip's Steering Wheel Guy, Ed Dellis, inventor of the custom-moldable handgrips used in auto racing and manufacturing, announces crowd-funding for his steering wheel grips.

SAN FRANCISCO, Calif. /California Newswire/ -- SmartStops, an online service that helps investors of all levels manage investment risk, announced today that the SmartStops BrokerLink service is now available for clients of online broker-dealer, TradeKing.

SAN FRANCISCO, Calif. /California Newswire/ -- OpenCuro Inc., a San Francisco-based mobile payments start-up, today announced the release of its payment module for Zen Cart, a popular open source shopping cart.

MONTEBELLO, Calif. /California Newswire/ -- Montebello's $2.5 million Tax and Revenue Anticipation Notes (TRANs) closed today - marking a milestone towards the City's ability to continue improving its operations.

LOS ANGELES, Calif. /California Newswire/ -- RobotDough Software Corporation has issued a call for entries in a writing competition for finance students. The competition, initiating an annual series, requires use of RobotDough's online equity research platform to deliver 500-word articles on the world's equity markets. A panel of expert judges will select five winners, each of whom will receive cash prizes and continuing blogger or analyst positions with RobotDough.com.