Tag: finance News - Page 8
Salomon Brothers Expands Capital Markets Team with New Initiative in Equity Research
NEW YORK, N.Y., May 4, 2023 (SEND2PRESS NEWSWIRE) -- Salomon Brothers has expanded its institutional capital markets division with the addition of eight senior hires, launching the firm's equity research initiative. As other Wall Street firms reduce headcount, Salomon Brothers continues to seek qualified candidates, and these new hires solidify the bank's commitment to hiring exceptional professionals.
MCTlive! Lock Volume Indices: April 2023 data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and...
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for April 2023. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.
OptionsSwing Inc. Acquires Apex Alliance, Broadening Assets for Learning Technology and Instruction
MIAMI, Fla., May 3, 2023 (SEND2PRESS NEWSWIRE) -- OptionsSwing Inc. ("OptionsSwing"), a leading innovative edtech and retail trading community in the United States, has declared the finalization of its share acquisition agreement to procure all of the shares of Apex Alliance Inc. ("Apex Alliance"). Apex Alliance, a start-up in financial education, is focused on educating future generations of retail investors on personal finance, investing, technology, and stock markets. The financial terms of the transaction have not been revealed yet.
FormFree’s Brent Chandler named an Inman Best of Finance award honoree
ATHENS, Ga., May 3, 2023 (SEND2PRESS NEWSWIRE) -- FormFree® today announced that its founder and CEO Brent Chandler was named to Inman's 2023 Best of Finance award program, which recognizes the leaders who are reshaping the mortgage and finance industries for both professionals and consumers. The inaugural class of Inman's Best of Finance winners were honored for their unwavering commitment to innovation and service in the residential mortgage space.
JTC CPAs Takes Home Top Honors at Idaho’s Best Awards 2023, Solidifying Their Place as State’s Premier Accounting Firm
BOISE, Idaho, May 2 2023 (SEND2PRESS NEWSWIRE) -- JTC CPAs, a leading accounting firm based in Idaho, is thrilled to announce their recent award-winning recognition as the 2023 best accountant in both Treasure Valley and statewide in Idaho. Winning the 2023 Best CPA for Treasure Valley and Best Statewide Accountant in Idaho awards is a great achievement for JTC CPAs, and it reflects the firm's dedication to excellence in the field of accounting.
Palisade Capital Management Announces New Equity Partners
FORT LEE, N.J., May 2, 2023 (SEND2PRESS NEWSWIRE) -- Palisade Capital Management, LP, an independent woman-led and majority woman-owned registered investment advisor with approximately $4.1 billion of assets under management, is pleased to announce nine new equity partners, completing an important phase of Palisade's strategic plan and evolution.
Down Payment Resource adds four team members to help the housing industry meet strong consumer demand for homebuyer assistance programs
ATLANTA, Ga., May 2, 2023 (SEND2PRESS NEWSWIRE) -- Down Payment Resource (DPR), the housing industry's leading technology for connecting home buyers with homebuyer assistance programs, today announced that it has brought on four new team members to grow its sales footprint, expand its relationships with housing finance agencies (HFAs) and provide enhanced support to DPR's growing customer base.
Nomis Solutions Joins FIS Emerald 2023 as Silver Sponsor, May 15-18 at Walt Disney World
SAN FRANCISCO, Calif. /California Newswire/ -- Nomis Solutions (Nomis), the leading provider of end-to-end pricing lifecycle management technology, announces its sponsorship of the FIS Emerald 2023 Conference, which will be held May 15-18 at Walt Disney World resorts in Orlando, Fla., hosted by FIS Global, a global leader in financial services technology.
ACES Quality Management unveils ACES PROTECT® mortgage compliance testing module
DENVER, Colo., May 1, 2023 (SEND2PRESS NEWSWIRE) -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announces the addition of ACES PROTECT, a suite of automated regulatory compliance tests, to its flagship ACES Quality Management & Control® quality control (QC) auditing platform.
Peak Residential Lending Builds Digital-First Mortgage Borrowing Experience Using LenderLogix Product Suite
BUFFALO, N.Y., April 27, 2023 (SEND2PRESS NEWSWIRE) -- LenderLogix, a leading provider of mortgage automation software and application programming interfaces (APIs), today announced Peak Residential Lending has implemented its complete application suite - LiteSpeed, QuickQual and Fee Chaser - into its existing tech stack to power a digital-first borrower experience.
MMI appoints Brian McKray as director of product development
SALT LAKE CITY, Utah, April 26, 2023 (SEND2PRESS NEWSWIRE) -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced it has hired Brian McKray as the director of product development. In this role, McKray will guide the creation of new system features and functionality to maintain alignment with the company's vision and mission and ensure customer needs are considered at every stage of product development.
Down Payment Resource Issues Q1 2023 Homeownership Program Index Report
ATLANTA, Ga., April. 25, 2023 (SEND2PRESS NEWSWIRE) -- Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, issued its Q1 2023 Homeownership Program Index (HPI). The firm's analysis revealed a 0.5% uptick in the number of homebuyer assistance programs available to help people finance homes, raising the number of programs to 2,362.
Teresa Bryce Bazemore, of FHLBank San Francisco, Named FWSF Financial Woman of the Year 2023
SAN FRANCISCO, Calif. /California Newswire/ -- Financial Women of San Francisco (FWSF) today named Teresa Bryce Bazemore as the FWSF 2023 Financial Woman of the Year. Ms. Bazemore is the President and CEO of the Federal Home Loan Bank of San Francisco, whose mission is to provide its members with reliable access to low-cost liquidity, essential financial services and expertise, and resources for affordable housing and economic development.
MMI adds video production tool to platform for loan originator promotion
SALT LAKE CITY, Utah, April 20, 2023 (SEND2PRESS NEWSWIRE) -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced it has released LO Highlight Reels, an easy-to-use video creation tool for loan originators (LOs) looking for an eye-catching way to share their success and increase their visibility.
Sales Boomerang releases Q1 2023 Mortgage Market Opportunities Report
OWINGS MILLS, Md., April 20, 2023 (SEND2PRESS NEWSWIRE) -- TrustEngine™, a provider of data-driven homebuyer engagement and education solutions for lenders, today announced the release of Sales Boomerang's latest Mortgage Market Opportunities Report. The Q1 2023 report indicates quarter-over-quarter improvements across all indicators of mortgage readiness, representing growth in mortgage lending opportunities.
FormFree and Brimma Tech announce partnership to expedite matching of prospective homebuyers with best-fit loan products and lenders
RALEIGH, N.C., April 19, 2023 (SEND2PRESS NEWSWIRE) -- Mortgage software development and solutions firm Brimma Tech (Brimma) today announced a strategic collaboration with ability-to-pay fintech FormFree®. The integration of Brimma's AI-enabled chatbot service into FormFree's Passport® mobile app will make it possible for prospective homebuyers to find their ideal loan product from the convenience of their mobile device, without the need to first complete a detailed loan application.
CEO Aldy Damian of Accredas Investments announces sale of its latest commercial transaction, Walgreens – Denver, CO MSA
ROLLING HILLS ESTATES, Calif. /California Newswire/ -- Aldy Damian, CEO of Accredas Investments, announces sale and close of its latest marketed commercial property. The sale of Walgreens in Denver, CO MSA adds to the previous twelve month running gross sales proceeds totaling $71 Million dollars for the last fiscal year attributed to Accredas Investments.
Fintech Leader MCT’s AOT Automation Improves Mortgage Lender Profitability and Investor Efficiency
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has automated the process of digital TBA trade assignment during the loan sale process for both mortgage lenders and participating correspondent investors. This automation makes assignment of trade loan sales (AOTs) faster, more convenient, and easier for investors to offer.
Leonard Jones Joins Blaylock Van, Wall Street’s Oldest Continually Operating Black-Owned Firm, as Executive Director of Municipal Banking, Public Finance
NEW YORK CITY, N.Y., April 13, 2023 (SEND2PRESS NEWSWIRE) -- Industry veteran Leonard Jones has been named Executive Director of Municipal Banking and Head of Public Finance for Blaylock Van, LLC, the nation's longest-continuously operating Black-owned investment firm. In this role, he will lead the firm's banking team and solutions for local and municipal government organizations with a focus on financial and risk management.
TurboTenant and Armadillo: Simplifying Self-Management for Landlords
FORT COLLINS, Colo. and LOUISVILLE, Ky., April 13, 2023 (SEND2PRESS NEWSWIRE) -- Armadillo, a modern tech-enabled home warranty platform, and TurboTenant, a digital one-stop-shop for landlords looking to simplify then scale their rental business, have launched a partnership to provide landlords with an affordable and comprehensive protection plan for their rental properties.
MMI increases platform’s business intelligence and expands mortgage and real estate data analytics capabilities with its Custom Dashboard Hub
SALT LAKE CITY, Utah, April 13, 2023 (SEND2PRESS NEWSWIRE) -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, announced today it has launched its new Custom Dashboard Hub and expanded the business intelligence (BI) tools available on its platform, increasing users' ability and ease in developing strategy, recruiting, nurturing talent and discovering new opportunities.
SOC 1 and 2 reports affirm Dovenmuehle’s stable and secure mortgage subservicing operations
LAKE ZURICH, Ill., April 11, 2023 (SEND2PRESS NEWSWIRE) -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that public accounting and business advisory firm Plante Moran, PLLC has completed an annual review of Dovenmuehle's subservicing operations and published its findings via Service Organization Control (SOC) 1® Type 2 and SOC 2® Type 2 reports.
iEmergent shares top takeaways from 2022 HMDA data
DES MOINES, Iowa, April 6, 2023 (SEND2PRESS NEWSWIRE) -- iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced the immediate availability of 2022 Home Mortgage Disclosure Act (HMDA) data in Mortgage MarketSmart. To celebrate providing lenders with early access to HMDA reporting, iEmergent CEO Laird Nossuli shared summary observations drawn from the loan-level origination data.
MCTlive! Lock Volume Indices: March 2023 Data — a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and...
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for March 2023. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.
National Buyers Agents Association Announces Surprising Survey Results for 2023 Homebuyer Concerns
EVERGREEN, Colo., April 4, 2023 (SEND2PRESS NEWSWIRE) -- A National Buyers Agents Association (NBAA) survey of its members reveals surprising homebuyer concerns. Detailed results of the national survey are included in the association's blog section of its website. Some agents responded in the survey that their markets are not declining.
Rob Chrane of Down Payment Resource honored as a 2023 Tech All-Star by Mortgage Bankers Association
ATLANTA, Ga., April 3, 2023 (SEND2PRESS NEWSWIRE) -- Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, announced today that its founder and CEO Rob Chrane has been named a 2023 MBA NewsLink Tech All-Star by the Mortgage Bankers Association (MBA). The MBA is the leading professional group for the mortgage industry with more than 2,100 member companies.
TRUSTSTAR – POWERED BY SENSA AI – AI Driven INSIGHTS for Realty and Mortgage
AUSTIN, Texas, March 30, 2023 (SEND2PRESS NEWSWIRE) -- In the fall of 2022, TecnoTree acquired TrustStar, a SaaS application using proprietary artificial intelligence designed to provide mortgage loan officers with a simple way to access relevant market data to grow their businesses. TrustStar delivers a robust set of features that include loan officer insights, listing trends, realtor match, intelligent recruiting, lender competition, and many more through its powerful artificial intelligence platform, and now powered by Tecnotree, a world leader of 5G multi-cloud enabled digital technology.
IndiSoft partners with FormFree to streamline the delivery of housing counseling services to underserved consumers
ATHENS, Ga., March 30, 2023 (SEND2PRESS NEWSWIRE) -- FormFree® today announced that developer of collaborative solutions for the housing finance industry, IndiSoft, is leveraging FormFree's Passport® to enable HUD-approved housing counseling agencies (HCAs) to provide more effective and expeditious consumer counseling.
MMI Announces Small and Mid-Size Business Channel and New Account Executive, Heath Liles
SALT LAKE CITY, Utah, March 30, 2023 (SEND2PRESS NEWSWIRE) - Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced it has expanded access to its platform with a new user tier for small and mid-size (SMB) independent mortgage lenders and brokers. Previously focused on enterprise accounts, MMI is now making a dedicated effort to providing value to the individual and SMB spaces.
Accounting Today Names L.A.-based KROST Top 100 Firm and Regional Leader 2023
LOS ANGELES, Calif. /California Newswire/ -- KROST has been recognized as a Top 100 Firm by Accounting Today for the third year in a row. The firm ranked 72nd with a 16.60% change in revenue from the previous year. In addition, KROST has also been named a Regional Leader of 2023. The firm recently launched a new service, KROST Fund Admin Solutions, to further assist and add value for their clients.
Dovenmuehle adds Anna Krogh as Vice President of Business Development to expand mortgage subservicer’s footprint
LAKE ZURICH, Ill., March 29, 2023 (SEND2PRESS NEWSWIRE) -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Anna Krogh has been hired as the company's vice president of business development. In this role, her responsibilities will include growing Dovenmuehle's client list by sourcing new prospects and fostering and developing long-term relationships and clients.
Strategic Capital Becomes a Texas Trial Lawyers Association Sustaining Partner
LOS ANGELES, Calif. and NEW YORK, N.Y., March 28, 2023 (SEND2PRESS NEWSWIRE) -- For years, Strategic Capital has worked closely as a partner of the Texas Trial Lawyers Association (TTLA), sponsoring events and working alongside TTLA attorneys to help clients best manage their settlements. Now, though, this relationship takes a step forward. Strategic Capital is officially a Texas Trial Lawyers Association Sustaining Partner, making it one of the official TTLA business partners in 2023.
MMI welcomes Shayna Wilmet as its newest Regional Director of Growth
SALT LAKE CITY, Utah, March 24, 2023 (SEND2PRESS NEWSWIRE) -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, today announced Shayna Wilmet as its newest regional director of growth. Wilmet's responsibilities will include consulting and strategizing with MMI's growing roster of mortgage enterprise clients, which includes 20 of the top 25 lenders in the nation, to identify growth opportunities to drive adoption and increase return on investment (ROI).
Critical Defect Rate Reaches Report-High in Q3 2022, Per ACES Quality Management Mortgage QC Industry Trends Report
DENVER, Colo., March 23, 2023 (SEND2PRESS NEWSWIRE) -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the third quarter (Q3) of 2022. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.
SocialCoach.io Welcomes Fintech Pro Andria Lightfoot and Launches AI Driven Social Media Marketing Solution
SAN CLEMENTE, Calif. /California Newswire/ -- SocialCoach (socialcoach.io), a leading mortgage and real estate social media technology platform today announced the appointment of Andria Lightfoot as company President and Chief Operating Officer (COO) amidst their first-even AI Driven Social Media product launch.
Armadillo x Beycome: Expanding the real-estate ecosystem
MIAMI, Fla. and CLARKSVILLE, Ind., March. 21, 2023 (SEND2PRESS NEWSWIRE) -- Pioneering homeowner-centric tech startups Armadillo, a modern tech-enabled home warranty platform, and beycome, a leading tech-enabled digital real estate platform, have launched a partnership to provide homeowners and soon-to-be homeowners with an additional tool to facilitate the home selling experience.
78.9% of metro Atlanta residential housing inventory is eligible for down payment assistance – offsetting price and interest rate impact for...
ATLANTA, Ga., March 21, 2023 (SEND2PRESS NEWSWIRE) -- As metro Atlanta homebuyers encounter the challenging trifecta of sharply rising home prices, elevated interest rates and institutional investor depletion of starter home inventory, Down Payment Resource (DPR), the housing industry's leading technology for connecting home buyers with homebuyer assistance programs, released a comprehensive report on the 46 active metro Atlanta homebuyer assistance programs.
S&P Global Ratings affirms Dovenmuehle’s Above Average rating and stable outlook
LAKE ZURICH, Ill., March 21, 2023 (SEND2PRESS NEWSWIRE) -- Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Standard & Poor's Global Ratings (S&P) has affirmed its Above Average rating of Dovenmuehle as a residential mortgage loan primary servicer with a stable outlook. Dovenmuehle has been ranked as Above Average by S&P for the past 12 years without interruption.
The Mortgage Firm selects LiteSpeed from LenderLogix as its POS Platform
BUFFALO, N.Y., March 21, 2023 (SEND2PRESS NEWSWIRE) -- LenderLogix, a leading provider of mortgage automation software and application programming interfaces (APIs), today announced The Mortgage Firm, a Florida-based independent retail mortgage lender with branches located throughout the U.S., has selected its streamlined point-of-sale (POS) platform LiteSpeed to power its application process and deliver a superior borrower experience at the initial point of contact.
Nomis Solutions Featured in Tech Demo Super Session at Consumer Bankers Association Live Conference – CBA LIVE 2023
SAN FRANCISCO, Calif. /California Newswire/ -- Nomis Solutions (Nomis), the leading provider of end-to-end pricing lifecycle management technology, announces its sponsorship of the Consumer Bankers Association (CBA) annual conference, 'LIVE.' In addition to the sponsorship, Nomis will be one of 10 companies featured in CBA Live's Tech Demo Super Session. The session explores innovations from top financial service providers including Salesforce, Blend and Glia.
TravelInsurance.com is Named One of the Best Travel Insurance Companies of 2023 by Money.com
NEW YORK, N.Y., March 20, 2023 (SEND2PRESS NEWSWIRE) -- TravelInsurance.com, a leading travel insurance comparison site, has been named one of the "Best Travel Insurance Companies of 2023" by Money.com. The recognition follows TravelInsurance.com's previous designation in 2021 and 2022 as the "Best for Comparing Travel Insurance Quotes" by Money.com.
Tax Court Case: Engineering Firm Overstated §179D Energy Efficient Commercial Building Property Deduction
COLUMBUS, Ohio, March 16, 2023 (SEND2PRESS NEWSWIRE) -- In a recent case, Michael Johnson, et ux. v. Commissioner, the tax court denied the majority of a taxpayer's Energy Efficient Commercial Building Deduction under IRC §179D since it claimed a §179D Deduction exceeding the cost of the Energy Efficient Commercial Building Property (EECBP), says ICS Tax, LLC.
LenderLogix increased organic growth by 150% amongst its client base of independent mortgage lenders, banks and credit unions in 2022
BUFFALO, N.Y., March 16, 2023 (SEND2PRESS NEWSWIRE) -- LenderLogix, a leading provider of mortgage automation software and application programming interfaces (APIs), today announced significant growth within its client base in 2022, increasing its number of partnered lending institutions by 150%. The company also maintained a net promoter score (NPS) of 86 based on feedback from the thousands of lenders and real estate agents that interact with LenderLogix and its suite of mortgage technology.
GreenLyne adopts FormFree’s Residual Income Knowledge Index to unlock greater inclusivity in mortgage lending
ATHENS, Ga., March 15, 2023 (SEND2PRESS NEWSWIRE) -- FormFree® today announced that Inclusive-Finance-as-a-Service platform GreenLyne has enhanced its ability to help lenders identify home financing opportunities for underserved consumers with its adoption of FormFree's Residual Income Knowledge Index™ (RIKI™).
BSI Financial Joins MCT Co-Issue Marketplace BAMCO
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced that BSI Financial Services (BSI) has become the latest investor to join BAMCO, MCT's new marketplace for co-issue loan sales. BAMCO brings co-issue transactions directly into MCT's whole loan trading platform and improves price transparency by connecting unapproved sellers to live executions from potential buyers.
Percy announces agenda for fifth annual National Home Valuation Week
NASHVILLE, Tenn., March 14, 2023 (SEND2PRESS NEWSWIRE) -- Percy, maker of pre-mover data intelligence-driven client engagement and retention tools for real estate brokers and mortgage lenders, today announced the agenda for its annual National Home Valuation Week (NHVW) event, which will be held virtually on April 3-7, 2023.
Beth A. Wilson Named New President of Excelas, LLC
CLEVELAND, Ohio, March 13, 2023 (SEND2PRESS NEWSWIRE) -- Beth A. Wilson has been named President of Excelas, LLC, a national provider of medical record organization, retrieval, and analysis, helping healthcare organizations respond to claims - and litigation - brought against them. Excelas, LLC's announcement today says Ms. Wilson's tenure begins April 17, 2023.
MMI Announces Launch of ‘Mortgage Industry Benchmarks’ Report
SALT LAKE CITY, Utah, March 9, 2023 (SEND2PRESS NEWSWIRE) -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, announced the launch of the "Mortgage Industry Benchmarks" report, a monthly newsletter compiling lender and loan officer (LO) production data and trends to facilitate peer-to-peer comparison.
San Francisco-based Mytc.ai Launches AI-Powered Transaction Coordination Service for Real Estate Agents
SAN FRANCISCO, Calif. /California Newswire/ -- Mytc.ai™ has officially launched its revolutionary subscription-based transaction coordination service for real estate agents in California. By blending expert licensed transaction coordinators with cutting-edge artificial intelligence (AI) technology, Mytc.ai offers a cost-effective solution that saves agents up to 60% on transaction coordination costs.
MCTlive! Lock Volume Indices: February 2023 data from a balanced cross section of several hundred lenders
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for February 2023. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.
