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Tag: San Diego Business News

The Mortgage Collaborative (TMC)

Black Knight Inc. Joins The Mortgage Collaborative (TMC) Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the mortgage industry's only independent cooperative, today announced that Black Knight, Inc. (NYSE:BKI), a leading provider of mortgage software, data and analytics solutions, has been added to its Preferred Partner network.
SciScore - report your science, better

SciScore’s Innovative Solution Supports Pre-clinical Research Reproducibility and Transparency

SAN DIEGO, Calif. /California Newswire/ -- SciScore announces the release of its innovative solution, the first and only working application of its kind, in support of the pre-clinical scientific research community's pursuit of reproducibility and transparency.
Belize breaks ground on Corozal-Sarteneja Rd

Government of Belize Breaks Ground on Corozal-Sarteneja Road – Belize Tourism and Real Estate Boom Coming

SAN DIEGO, Calif. /California Newswire/ -- As of November 14, 2019, the Government of Belize has officially commenced the construction of the Corozal-Sarteneja Road. The project, funded by the Government of Taiwan with a loan of $50 million, aims to ease travel between the two locations with a 27-mile road, including the Pablo Nuevo and Laguna Seca bridges.
Bank of Southern California NA

Bank of Southern California, N.A. Names Troy Perry Managing Director, Business Banking in L.A. Area

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Troy Perry has joined the company as Managing Director of Business Banking. He will be responsible for broadening Bank of Southern California's market presence by actively seeking new business opportunities throughout Los Angeles' Westside.
Spine IEP Fellows and Young Surgeons’ Course

Record Sponsor and Fellow-Young Surgeon Turnout Expected for 9th Annual Spine IEP Course 2019

SAN DIEGO, Calif. /California Newswire/ -- Magnifi Group, Inc., a developer of e-learning technology for the medical device industry, will have a record turnout of medical device and biotech companies at its 9th Annual Spine IEP Fellows & Young Surgeons' Course (Spine Interactive Educational Program).
Bank of Southern California NA

Bank of Southern California, N.A. (BCAL) Announces Third Quarter 2019 Results

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the third quarter ended September 30, 2019. Total assets grew to $839 million at September 30, 2019, a 14% increase compared to the third quarter of 2018.
MCT InvestorMatic

MCT Launches InvestorMatic to Elevate the Whole Loan Trading Experience Between Lenders and Investors

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has officially introduced a unique program called InvestorMatic in the lead up to the MBA Annual Convention & Expo in Austin, Texas.
ReverseVision

ReverseVision Unveils New Tech Strategy: Major Platform Updates and Brand Transformation

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 its transformation as an API-enabled flexible reverse lending platform, unveiling a new logo as part of its revised mission and rebranding.
Bank of Southern California and CalWest Bank

Bank of Southern California, N.A. (BCAL) and CalWest Bancorp to Merge

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby CalWest Bank will merge with and into Bank of Southern California. The merger is subject to customary closing conditions, including the receipt of all regulatory approvals and the approval of the shareholders of CALW and BCAL.
CARR RCFE Reform

Keep Our Seniors Safe Act Signed by Gov. Newsom – safe gun storage requirements for firearms retained by residential care facilities...

SAN DIEGO, Calif. /California Newswire/ -- Consumer Advocates for RCFE Reform (CARR) announces that California Governor Newsom signed the Keep Our Seniors Safe Act, a part of SB 172 (Portantino) which was signed into law on 12 October, 2019.
Bungalow Homes at Orchid Bay, Belize

High Demand for Bungalows at Orchid Bay, Belize: New Homes Under Construction Featuring Brand New 2-Bedroom XL Floor Plan

SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development today announced that its Bungalows at Orchid Bay, Belize are selling out fast. There are currently only four Bungalows still available, two of which have waterfront locations. As the Bungalows have become highly desirable to homebuyers, prices have gone up for the second time this year on the waterfront locations, and new bungalows are currently under construction to satisfy its popular demand.
STRATMOR Study MCT

STRATMOR Group’s 2019 Technology Insight Study Scores MCT Highest for Overall Satisfaction, Lender Loyalty, and Lender Share

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that the study results from STRATMOR Group's 2019 Technology Insight Study show MCT as the industry leader in lender share, overall satisfaction, and Lender Loyalty Score(r) in the Production Pipeline Hedging category.
Bank of Southern California NA

Bank of Southern California (BCAL) Names Jacob Mathews Managing Director of Business Banking

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Jacob Mathews has joined the company as Managing Director of Business Banking. He will be responsible for expanding Bank of Southern California's client base by actively seeking new business opportunities in Los Angeles County and Orange County.
Coming Soon - Hotel at Orchid Bay

Legacy Global Development in Talks with Major Hotels to Operate Resort at Its Orchid Bay, Belize Property

SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, today announced that they are talking with major hotel brands to be Orchid Bay's new hotel operator.
Phil Rasori - Tech Trendsetters 2019

MCT’s COO Phil Rasori Honored with 2019 HousingWire Tech Trendsetters Award

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its COO, Phil Rasori, has been designated to HousingWire's inaugural Tech Trendsetters award list. Phil is credited with being instrumental in the architecture and launch of multiple innovative capital markets solutions.
MCT Live! App

New MCTlive! Mobile App Puts Secondary Marketing at Mortgage Lenders’ Fingertips

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, debuted a new MCTlive! mobile application at its MCT Exchange client conference last Friday. The app enables secondary marketing managers to review reporting, manage loan pipelines, and conduct whole loan trading from the convenience of their mobile phone.
All roads lead to Orchid Bay, Belize

All Roads Lead to Orchid Bay with the Announcement of Belize’s $50M Corozal-Sarteneja Road Project

SAN DIEGO, Calif. /California Newswire/ -- The Belize Tourism Board recently released its first half of 2019 tourism figures which showed a 6 percent increase in overnight visitors over 2018, says Legacy Global Development. Additionally, the Government of Belize announced that construction would begin next month on the $50 million Corozal-Sarteneja Road Project.
Belize Beach - Legacy Global Development

Legacy Global Development Staff Share Insider Knowledge on Why Belize Tourism is Growing at Such a Rapid Rate

SAN DIEGO, Calif. /California Newswire/ -- The Belize Tourism Board recently released its January - June 2019 Tourism Statistics which show remarkable growth. Legacy Global Development, the developer of the luxurious Orchid Bay community, offers insight on why Belize continues to rise and how it's related to the country's current real estate boom. Read about it in Legacy's latest blog post titled, "Belize Tourism in 2019: The Numbers Are in For the First Half of the Year."
Blue Mind in Belize - Legacy Global Development

Legacy Global Development Opines How to Achieve ‘Blue Mind’ in Belize

SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, explores the concept and benefits of blue mind, in its latest blog post titled, "Experiencing Blue Mind in Belize."
Jeff Birdsell of RevserseVision

ReverseVision VP Jeff Birdsell Named 2019 HousingWire Insiders Award Recipient

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced that Jeff Birdsell, vice president of professional services has been named a recipient of the 2019 HousingWire (HW) Insiders Award. Now in its fourth year, the Insiders Award program recognizes "operational all-stars" within the housing industry who have been vital to their employer's success.
Paragon Insurance Holdings

Paragon Insurance Holdings Launches Nationwide Workers’ Compensation Insurance Program

SAN DIEGO, Calif. /California Newswire/ -- Paragon Insurance Holdings LLC ("Paragon"), a national multi-line specialty MGA (Managing General Agency) based in Avon, Conn., today announced the addition of a new nationwide Workers' Compensation Insurance Program.
Condo Rendering, Belize - Legacy Global Development

Legacy Global Development Shares Its Top Reasons to Invest in a Belize Beachfront Vacation Condo

SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, shares its insider knowledge on why investing in a beachfront condo is a smart investment, in a blog post titled, "Top 4 Reasons to Invest in a Beachfront Condo."
International Bipolar Foundation

‘Bipolar Is Not An STD’: Live Lecture with Dr. Lauren Goodall and Fundraiser Coordinates with the International Bipolar Foundation in San...

SAN DIEGO, Calif. /California Newswire/ -- Dr. Lauren Goodall, Psychologist, is kicking off her book tour in San Diego, Calif. She is very pleased to announce coordinating with the International Bipolar Foundation, for an upcoming seminar on her newly released book, "Bipolar is not An STD" (ISBN: 978-1089401506).
The Mortgage Collaborative (TMC)

The Mortgage Collaborative Adds Two New Board Members, Enjoys Record Attendance at Summer 2019 Conference

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the mortgage industry's only independent cooperative, today announced the addition of Kate deKay and Allison Johnston to their prestigious board of directors. Johnston and deKay were voted in Sunday, August 18, 2019, during the Lender Co-op board meeting, which took place in Nashville, Tennessee during TMC's summer conference.
Joel Ewan of BCAL

Bank of Southern California, NA Names Joel Ewan Senior Vice President, Credit Administration

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 Joel Ewan as Senior Vice President, Credit Administration. In this newly created role, he will be responsible for managing, implementing, and evaluating credit policy initiatives as well as analyzing and structuring commercial credit for clients across multiple industry sectors.
Orchid Bay Villas Belize

Legacy Global Development Announces Surge in 2019 Home Sales at its Orchid Bay, Belize Property

SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, today announced that it had a significant increase in home sales for 2019, with a total of 17 homes going under contract between January and July. The developer believes this surge in sales is thanks to Belize's rise in tourism and the many benefits that the country offers homebuyers.
Consumer Advocates for RCFE Reform (CARR)

Consumer Advocates for RCFE Reform (CARR) Expands Board with New Members – Brings Aboard Added Legal and Real Estate Expertise

SAN DIEGO, Calif. /California Newswire/ -- Consumer Advocates for RCFE Reform (CARR) announced today that it has welcomed two new members to its Board of Directors: Teri Christensen and Daniel Shillito, Esq.
ReverseVision and Total Expert

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).
Bungalow Homes at Orchid Bay, Belize

Legacy Global Development Announces 4 New Bungalow Vacation Homes at ORCHID BAY, BELIZE

SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development today announced the release of four new Bungalows at its luxurious Orchid Bay, Belize property. Beachfront Bungalows make owning a home in Belize attainable to a wider pool of potential buyers, as they have a more affordable price point than Orchid Bay's other homes.
Before you move to BELIZE

Ready to Move to BELIZE? Legacy Global Development Shares Insider Knowledge – What to Expect If Moving to Belize

SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development, the developer of the beautiful Orchid Bay, Belize community and recognized as an expert source for living in Belize, shares its wisdom in a blog post titled, "Before Moving to Belize, You Need to Read This."
ReverseVision

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.
Bank of Southern California NA

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.
Legacy Global Development - Maya Ruins

Legacy Global Development Shares 2019 Recommendations on the Top 10 Memorable Things to Do in Belize

SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community and recognized as an expert source on Belize tourism, shares its Top 10 List of sites to see and things do while visiting Belize.
Orchid Bay, Belize -Aerial View

Legacy Global Development Shares Top 5 Misconceptions in 2019 about Belize Real Estate

SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, shares its Top 5 Misconceptions about Belize real estate. As the number of real estate investors taking an interest in Belize continues to grow, there are misunderstandings about the home buying process and how it differs from buying property in the United States.
ReverseVision

Blue Ridge Bank NA Partners with ReverseVision, Launches HECM and Reverse Lending Division

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that it has partnered with North Carolina-based Blue Ridge Bank, N.A. Mortgage Division (Blue Ridge Bank).
Orchid Bay Villa - Belize

Legacy Global Development Today Announced the Launch of Four New Beach Villas for Sale at Orchid Bay, Belize

SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development today announced the launch of four Beach Villas at its Orchid Bay, Belize community. The Beach Villas are new standalone homes being constructed on the most desired lots of the development, right on the water's edge, and are the last of Orchid Bay's remaining waterfront lots.
MCT TAM - Trade Auction Manager

Mortgage Capital Trading (MCT) Launches Trade Auction Manager to Enable Electronic TBA MBS Trading

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has officially launched Trade Auction Manager(TM) (TAM) to enable more efficient bidding of TBA mortgage-backed securities used by lenders to hedge their open mortgage pipelines. The browser-based software module is accessible via MCTlive!, the company's award-winning comprehensive capital markets platform.
ReverseVision

ReverseVision Launches New Tool to Help Originators and Consumers Compare HECM Loans with HELOCs, First- and Second-Lien Mortgages

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) and senior lending industry, today announced the release of the Comparison Calculator within RV Sales Accelerator (RVSA).
Sean Dlal of BCAL

Bank of Southern California NA Names Mr. Sean Dlal Managing Director of Business Banking

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, is pleased to announce that Sean Dlal has joined the company as Managing Director of Business Banking in Del Mar. He will be responsible for expanding Bank of Southern California's client base by actively seeking new business opportunities in the San Diego region.
Bungalow Homes at Orchid Bay, Belize

Legacy Global Development Celebrates Surge of Vacation Home Sales at Its Beautiful Orchid Bay, Belize Property

SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development today announced that they are experiencing a significant sales boost at its Orchid Bay, Belize property. Crediting the successful launch of its new Paradise Payment Program and Discovery Stay Tours, the property has over-sold its latest home offering, Bungalows; and has sold four out of six Phase 2 Beachfront Condominiums. All in just the last 6 weeks!
Leslie Winick

Mortgage Capital Trading (MCT) Bolsters Executive Management Team with Addition of Leslie Winick as Chief Strategy Officer

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Leslie Winick has joined the company as Chief Strategy Officer (CSO). In this newly created position, Ms. Winick will play an integral role in helping MCT hone its strategic direction, further increase market share, manage rapid growth, and delight clients.
Gaylin Anderson of BCAL

Bank of Southern California NA Names Gaylin Anderson to Chief Banking Officer

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has appointed Gaylin Anderson Executive Vice President, Chief Banking Officer. Mr. Anderson previously served as Executive Vice President, Market Executive, and was responsible for the bank's growth within the newly added Los Angeles and Orange County markets.
Orchid Bay - Your Home in Paradise

As Belize Becomes Recognized as a Top Destination for Travelers and Expats, Orchid Bay Presents a Prime Opportunity for Homeowners

SAN DIEGO, Calif. /California Newswire/ -- As many North Americans are purchasing vacation homes, and retirees are choosing to move to tropical destinations full-time or part-time, Belize is quickly becoming the top choice for home buyers, says Legacy Global Development.
Consumer Advocates for RCFE Reform (CARR)

Keep Our Seniors Safe Act Passes Senate Committee – CA Sentator Portantino’s SB 172

SAN DIEGO, Calif. /California Newswire/ -- Consumer Advocates for RCFE Reform (CARR) announces its collaboration and partnership with California State Senator Anthony Portantino (D, SD 25) in the drafting of Senate Bill 172 Firearms, enhancing safe storage protections for the two most vulnerable populations in our society: the elderly and children.
Orchid Bay

Legacy Global Development Announces Launch of its Paradise Retirement Plan at Orchid Bay, Belize

SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development today announced the launch of the Paradise Retirement Plan at its prestigious Orchid Bay, Belize property. As many North Americans are purchasing vacation homes prior to retirement, then choosing to live in their vacation home full-time after they retire, the Paradise Retirement Plan is a home ownership program customized to cater to this growing real estate trend.
ReverseVision

ReverseVision Named to HousingWire Magazine’s Tech100 List of Top Housing Technology Companies for a Fourth Year

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has been named to HousingWire (HW) Magazine's Tech100 list of innovative housing technology companies for a fourth time. ReverseVision was previously named a HW Tech100 honoree in 2015, 2017 and 2018.
Bungalow Homes at Orchid Bay, Belize

New Bungalow Homes at Orchid Bay, Belize Launched by Legacy Global Development

SAN DIEGO, Calif. /California Newswire/ -- Legacy Global Development today announced the launch of new Bungalows at its luxurious Orchid Bay, Belize property. Their Bungalows make owning a home in Belize accessible to a wider pool of potential buyers, as they offer the same quality as Orchid Bay's other homes at an incredible value. Additionally, Legacy is offering a financing option to the first six families who purchase a Bungalow, through its first-ever Paradise Payment Program.
MCT Trading - chart - remain loyal

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.
Bank of Southern California NA

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.
Mortgage Capital Trading - MCT

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.

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