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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.
Magnifi Group Inc.

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.

ReverseVision Vice President Wendy Peel Recognized as One of Mortgage Banking’s Most Powerful Women of 2018

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the reverse mortgage industry, announced today that Vice President of Sales and Marketing Wendy Peel has been honored by National Mortgage Professional (NMP) Magazine as one of Mortgage Banking's Most Powerful Women.
Mortgage Capital Trading - MCT

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.

ReverseVision Product Manager Jason Price Named a 2018 HousingWire Rising Star

SAN DIEGO, Calif., June 4, 2018 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Product Manager Jason Price has been recognized by HousingWire as a 2018 Rising Star. Price received the award in recognition of his extensive contributions to ReverseVision and for his role in developing innovative, technology-based solutions that have benefitted the HECM industry at large.
Phil Laren of MCT

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.
Mortgage Capital Trading - MCT

American Banker Names Mortgage Capital Trading to Inaugural Best Places to Work in Fintech List

SAN DIEGO, Calif., May 8, 2018 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that American Banker magazine named the company to its new Best Places to Work in Financial Technology list. MCT ranked number four out of only 20 companies that were honored.

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.
ReverseVision

HousingWire Names ReverseVision to TECH100 List of Housing’s Most Innovative Tech Companies for a Third Year

SAN DIEGO, Calif., April 4, 2018 (SEND2PRESS 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's HW Tech100 list of innovative housing technology companies for a third time. Previously recognized in 2015 and 2017, ReverseVision is the only provider of Home Equity Conversion Mortgage (HECM) technology to receive this distinction.
The Mortgage Collaborative (TMC)

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

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.
The Mortgage Collaborative (TMC)

The Mortgage Collaborative Adds United Capital Markets to Preferred Partner Network

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of United Capital Markets, Inc. (UCM), the mortgage industry's leading outsource provider of dynamic MSR hedging. UCM will provide TMC Lender Members strategic advice to bank-owned and private mortgage companies focusing on MSR investment strategies, balance sheet optimization and the capital stack.
MCT Trading

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.
Mortgage Capital Trading

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

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.
The Mortgage Collaborative (TMC)

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.
CEO Andrea Barnes

ECHO Connection Appoints New CEO Andrea Barnes to advance Cannabinoid-Based Education, Collaboration and Hope

SAN DIEGO, Calif. /California Newswire/ -- ECHO Connection, a non-profit charitable organization dedicated to educating the world, hosting collaborative platforms, and providing hope for those in need of cannabinoid-based therapies, announced today that it has appointed Andrea Barnes as its new CEO and President. Barnes will be speaking about the charity's work in guiding families seeking the therapeutic effects of cannabinoids by connecting them with resources that can help at the 4th Annual Cannabis World Congress & Business Exposition (CWCBE) in Boston.
The Mortgage Collaborative (TMC)

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.
Mortgage Collabortive

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.
ReverseVision RVX LOS

ReverseVision to Host 2018 UserCon, February 6–8 in San Diego for Mortgage Pros

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, will host its third annual user conference February 6-8, 2018, at the Kona Kai Resort and Spa on San Diego's Shelter Island.

ReverseVision’s Jason Price Honored with HousingWire Insiders Award

SAN DIEGO, Calif., Sept. 1, 2017 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Product Manager Jason Price has been named to HousingWire's 2017 "Insiders Award" list.
The Mortgage Collaborative

The Mortgage Collaborative Adds 12 New Lender Members for Q4/2016

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's only independent mortgage lending cooperative, recently added twelve new lenders to their national network of originating members, proclaimed The Collaborative's EVP of National Sales & Strategic Alliances, Rich Swerbinsky.

Tammy DeWitt and Tom Welch Join Bank of Southern California N.A.

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTCQB:FBBN / OTCMKTS:FBBN) welcomes Tom Welch as Senior Vice President, SBA Department Manager and Tammy DeWitt as Vice President, SBA Loan Underwriting Manager to its seasoned team of Southern California bankers. Both Mr. Welch and Ms. Dewitt have been in the banking industry for 37 years and both have over 27 years of SBA and conventional lending and relationship management experience.

MCT Trading's Phil Rasori recognized for development of MCTlive!, the company's new secondary marketing platform

SAN DIEGO, Calif. /California Newswire/ -- MCT Trading, Inc., a recognized industry leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced that its COO, Phil Rasori, was named one of the Top 40 Most Influential Mortgage Professionals Under 40 by National Mortgage Professional magazine.

MBA National Secondary Marketing Conference to feature Phil Rasori on panel 'Liquidity Challenges for Smaller Lenders'

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, today announced that its COO, Phil Rasori, will moderate and drive a panel session entitled 'Liquidity Challenges for Smaller Lenders' at the Mortgage Bankers Association's Annual Secondary Marketing Conference in New York City.

Lenders benefit from MCT Trading's consultative approach to hedging and lock desk services

SAN DIEGO, Calif. /California Newswire/ -- MCT Trading, Inc., a recognized leader in mortgage pipeline hedging and risk management services, today announced that it added four newly created positions in order to provide unsurpassed service levels of sales support and guidance to lenders.

Gregg Holsapple joins ReverseVision, Inc. as Product Strategist in Reverves Mortgage Tech Industry

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.

ReverseVision to add Coester VMS to its Integrated Technology for Reverse Mortgage Lender Workflow

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc. today announced an agreement to add CoesterVMS's appraisal services to RV Exchange - ReverseVision's Reverse Loan Origination System (RLOS) platform. Reverse mortgage lenders use RV Exchange for the full lifecycle of the loan-from initial proposal through application, underwriting, closing and post-closing.

ReverseVision, Inc. announces that 360 Mortgage Group will be using ReverseVision's reverse loan origination system, RV Exchange

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc. today announced that 360 Mortgage Group LLC, a privately-owned mortgage banker with a primary focus on third-party origination, has joined the growing ranks of reverse mortgage lenders and will be using ReverseVision's reverse loan origination system (RLOS), RV Exchange.

Mortgage industry expert Mark Johnson joins ReverseVision as Customer Support Manager

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, a leading software and technology provider for the reverse mortgage industry, today announced that industry expert Mark Johnson has joined its team in the role of Customer Service Manager. Johnson, who brings more than twenty years of reverse mortgage expertise, replaces Joseph Rinner who has moved into the role of Product Manager.

In Arizona event, MCT's Phil Rasori to Participate in CMLA Session on Washington Lending Legislation

SAN DIEGO, Calif. /California Newswire/ -- MCT Trading, Inc., a recognized leader in mortgage pipeline hedging and risk management services, today announced that its COO, Phil Rasori, will share his insight on an upcoming panel assembled by the Community Mortgage Lenders of America (CMLA), which is designed to address legislative issues and trending that will impact mortgage lending in 2014. The panel is being held in Phoenix, Ariz. on March 2.

MCT Trading, Inc. Relocates Headquarters to Larger Facility in San Diego

SAN DIEGO, Calif. /California Newswire/ -- San Diego's MCT Trading, Inc. (Mortgage Capital Trading), a recognized leader in mortgage pipeline hedging, outsourced lock desk and risk management services, today announced that it relocated its corporate HQ to a larger facility. The move provides MCT with the necessary infrastructure to accommodate its increasing growth and the capacity to continue delivering elevated support to clients.

ReverseVision adds Landmark Network Appraisal Services to its Reverse Loan Origination System

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, Inc. today announced the addition of appraisal services from Landmark Network to the ReverseVision Reverse Loan Origination System (RLOS) platform. The addition of Landmark Network's appraisal service enables ReverseVision users to simply order an appraisal with the click of a button.

Best Places to Work in San Diego 2013: MCT Trading Inc. again Recognized

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.

Regent Education's Regent 8 Solution chosen by National University, the second-largest private, non-profit university in California

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.

TV star and dancer Sophia Lucia from 'Dance Moms' to attempt to Break the Guinness World Record of 36 Consecutive Pirouettes

SAN DIEGO, Calif. /California Newswire/ -- 10-year-old dance prodigy and featured performer on the hit TV series on Lifetime, 'Dance Moms,' Sophia Lucia, will attempt to break the Guinness World Record of '36 Consecutive Pirouettes' on March 30, 2013 in her home town of San Diego. The event will take place at San Diego Dance Centre, where Sophia started dancing at the young age of 2.

San Diego's Bank of Southern California announced that they have acquired branch building from the FDIC

SAN DIEGO, Calif. /California Newswire/ -- Today, after more than two years of leasing their La Quinta office, Bank of Southern California announced that they have acquired the space permanently from the FDIC. At the end of 2010, Bank of Southern California began leasing the space, as well as another location in Palm Springs, when it acquired the two branch offices from Palm Desert National Bank.

Phil Rasori of MCT Trading named a 'Top 40 Most Influential Mortgage Professional Under 40' for Third Year in a Row

SAN DIEGO, Calif. /California Newswire/ -- MCT Trading, Inc., a leader in mortgage pipeline hedging and risk management services, announced today that that Phil Rasori, the company's COO and Head Trader, has earned a spot on National Mortgage Professional Magazine's 'Top 40 Most Influential Mortgage Professionals Under 40' list for the third time.

Kevin Miller joins Mortgage Capital Trading to provide clients with independent analysis, training, hedging strategies and loan sale execution services

SAN DIEGO, Calif. /California Newswire/ -- MCT Trading, Inc., a recognized leader in mortgage pipeline hedging and risk management services, announced that Kevin Miller has joined the company in the capacity of trading analyst. Miller will work on MCT's capital markets trading team to provide clients with independent analysis, training, hedging strategies and loan sale execution services.

Anthony Ianni joins MCT Trading, Inc. as Vice President of Lender Services

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that is has recruited Anthony Ianni as vice president of lender services.

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