Tag: San Diego Business
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.
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.
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 (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.
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.
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 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.
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."
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."
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.
‘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 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.
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.
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) 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.
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."
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 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.
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.
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.
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.
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!
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.
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.
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.
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, 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 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.
Magnifi Group Inc. Announces eLearning Platform Integration with Med World Live Video Platform
SAN DIEGO, Calif. /California Newswire/ -- Magnifi Group, Inc. has announced the release of an Application Program Interface (API) between its eLearning Learn-WiseGo platform and the Med World Live video delivery platform. This integration allows authorized sales trainees to view Med World Live videos directly in their Learn-WiseGo content library.
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.
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.
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.
San Diego Business Journal Honors Mortgage Capital Trading’s Natalie Arshakian with 2018 ‘Next Top Business Leaders Under 40’ Award
SAN DIEGO, Calif., Sept. 11, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that the San Diego Business Journal (SDBJ) named its employee Natalie Arshakian to the 2018 'Next Top Business Leaders Under 40' list. The award program recognizes dynamic, young business leaders and role models who have significantly contributed to San Diego's business climate and the community.
Mortgage Professional America Honors MCT’s Rhonda Beck, CMB with 2018 Elite Women in Mortgage Award
SAN DIEGO, Calif., Aug. 17, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Rhonda Beck, CMB, has been designated to Mortgage Professional America (MPA) magazine's list of Elite Women in Mortgage for 2018.
Phil Laren of MCT to Speak on MSR Liquidity Challenges Panel Session at MBA National Secondary Conference
SAN DIEGO, Calif., May 10, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its Director of MSR Services, Phil Laren, will be speaking on a panel at the MBA National Secondary Market Conference & Expo May 21 at the New York Marriott Marquis.
MCT Wins PROGRESS in Lending Association’s 2018 Innovation Award for its New Bid Auction Manager (BAM) Whole Loan Trading Technology
SAN DIEGO, Calif., April 18, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that PROGRESS in Lending Association, the industry's premier mortgage technology focused organization, presented the company with its annual Innovation Award for the rapid adoption and impact of its Bid Auction Manager(TM) (BAM) within the whole loan trading market.
The Mortgage Collaborative Welcomes Partners Credit & Verification Solutions to Preferred Partner Network
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.
Global DMS Launches EVO-Commercial, a Next-Generation Valuation Management Software Platform
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.
Supreme Lending Branch Partners with May We Give for Love in San Diego CA
DALLAS, Texas, Jan. 2, 2018 (SEND2PRESS NEWSWIRE) -- Supreme Lending, a nationwide lender, has announced that its San Diego, California branch has partnered with May We Give for Love, a San Diego-based nonprofit organization that provides financial contributions and volunteer support to several local charitable causes.
MCT Trading Announces Complimentary Webinar Addressing Changes to FINRA ‘Mark to Market’ Rule
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.
MCT Trading’s Bulk Acquisition Manager Tech Achieves 100-Percent Investor Adoption
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.
Mortgage Capital Trading Again Named a ‘Best Place to Work’ in San Diego – Sixth Consecutive 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.
Certified Credit Reporting Joins Mortgage Collaborative Preferred Partner Network
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.
The Mortgage Collaborative (TMC) Welcomes Addition of ACS Accounting to Preferred Partner Network
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.
The Mortgage Collaborative Names Rich Swerbinsky as its COO
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.
New Gun Technology Combines Safety with Unmatched Accessibility
SAN DIEGO, Calif., Aug. 4, 2016 (SEND2PRESS NEWSWIRE) -- Safety first is not just a tagline, it's the name of a new start-up company, Safety First Arms, LLC, that's created a new gun technology designed to prevent unnecessary tragedy. Even with only a prototype, the company has already secured orders from two gun shops for more than $1 million for its Smart 2 pistol.
ReverseVision adds Reverse Mortgage Educator Dan Hultquist as Director of Learning and Development
SAN DIEGO, Calif., July 20, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, has hired industry educator Dan Hultquist as director of learning and development. In this role, Hultquist will apply his experience in originating loans and working with retirement advisors to help ReverseVision bring a range of products, financial tools and educational techniques to the industry, ultimately driving volume growth.
Evolve Bank & Trust Selects ReverseVision Exchange (RVX) Loan Origination Software
SAN DIEGO, Calif., July 13, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision is pleased to announce that Memphis, Tennessee-based Evolve Bank & Trust (Evolve), a full-service commercial bank and mortgage lender serving customers and communities nationwide, has selected RV Exchange (RVX) reverse mortgage loan origination software (LOS).
ReverseVision Celebrates Major Upgrades to ReverseVision Sales Accelerator (RVSA) Reverse Mortgage Origination Tool with ‘Closed-Loan Challenge’
SAN DIEGO, Calif., July 7, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision today announced the release of key updates to ReverseVision Sales Accelerator (RVSA), a web-based loan origination tool specifically designed to assist loan officers with the sale of reverse mortgages. ReverseVision will celebrate the release with a "Closed-Loan Challenge" for loan officers who convert RVSA contacts into closed loans in ReverseVision Exchange (RVX) loan origination system (LOS) on or before October 31, 2016.
The Mortgage Collaborative Reaches $100B Origination Milestone
SAN DIEGO, Calif., June 27, 2016 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, the industry's only independent mortgage lending cooperative, has surpassed $100 Billion in originations with the addition of its 59th preferred member, Movement Mortgage.
