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Azad Rafat of MCT

Mortgage Capital Trading, Inc. Deepens Mortgage Servicing Rights Expertise with Hire of Azad Rafat

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced today that Azad Rafat has joined the company as the new Senior Director of MSR Services.
Paul Yarbrough of MCT

Paul Yarbrough of MCT is named to HousingWire 2021 Insiders Award List

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), an industry-leading mortgage hedge advisory firm, announced that Paul Yarbrough, Director of the Client Success Group, has been named to HousingWire's 2021 Insider Awards list. The list is designed to honor an organization's operational all-stars - those insiders who are the company's best-kept secret, yet vital to its success.
The Mortgage Collaborative (TMC)

AI-powered mortgage advisor Home Lending Pal raises $2.2M in pre-Series A round led by TMC Emerging Technology Fund LP

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently led a pre-Series A investment round in Home Lending Pal, a technology-enabled marketplace .
The Mortgage Collaborative (TMC)

Staff Retention Tops List of 2021 Mortgage Lender Concerns, Inaugural Survey from The Mortgage Collaborative Finds

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's largest independent mortgage industry cooperative network, has announced the results of its inaugural The Pulse of the Mortgage Industry survey ranking mortgage lenders' top concerns based on 598 executive responses from the co-op's 234 lender members.
BLUE DREAMS - Nipsey Hussle

Nipsey Hussle New Hit Announced with New Music Video

SAN DIEGO, Calif. /California Newswire/ -- "Blue Dreams," which is the latest release from Nipsey Hussle by independent record label Juice Division Records is arguably the best posthumous verse from the Nipsey Hussle vault yet.
5x Solutions Telemetry BI

5X Solutions LLC Adds Compensation Analysis to Mortgage Business Intelligence Platform

SAN DIEGO, Calif. /California Newswire/ -- 5X Solutions, LLC, a mortgage business intelligence and data analytics company, has announced the addition of loan agent compensation analysis to its automated financial reporting and mortgage business intelligence software.
MCT Introduces BAM Marketplace

MCT Launches BAM Marketplace, the First Truly Open Mortgage Loan Exchange

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced the public introduction of BAM Marketplace™. Originally launched to support existing MCT sellers during the 2020 pandemic liquidity crisis, BAM Marketplace now welcomes new buyers and sellers as the world's first truly open loan exchange between unapproved counterparties.
MCT EBX

MCT’s Enhanced Best Execution (EBX) Tech Automates MSR Retain-Release Decisions

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), the leading mortgage hedge advisory and secondary marketing software firm, announced today their Enhanced Best-Execution (EBX) tool used for MSR retain-release decisions has now automated the function of pulling comprehensive data from MCTlive!® and MSRlive!®.
ReverseVision’s Wendy Peel

ReverseVision’s Wendy Peel honored as a 2021 Mortgage Star for bringing reverse mortgage loans into the mainstream mortgage market

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced Vice President of Sales and Marketing Wendy Peel has been named a Mortgage Star award recipient by Mortgage Women Magazine.
Mike Robertson and Justin Putz

Mortgage Capital Trading, Inc Dives into 2021/Q2 with Two New Industry Leaders to Support Growth

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced Mike Robertson and Justin Putz have joined the company in the roles of Senior Regional Sales Director and Midwest Regional Sales Director respectively.
ReverseVision President and CEO Joe Langner

ReverseVision’s CEO Joe Langner Appointed to National Reverse Mortgage Lenders Association Board of Directors

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that company President and CEO Joe Langner has been unanimously elected to the National Reverse Mortgage Lenders Association (NRMLA) Board of Directors.
ReverseVision

ReverseVision Selects AWS as Cloud Provider – Will Deliver World-Class Digital Reverse Mortgage Lending Experience

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced it has adopted Amazon Web Services, Inc (AWS) as its preferred cloud provider.
News from California Newswire

2021 HW TECH100 Mortgage Award Announces MCT As Leader In Innovation

SAN DIEGO, Calif. /California Newswire/ -- MCT® was announced as a 2021 HousingWire Tech100 Mortgage Winner. The Tech100 Real Estate Award recognized the most innovative and impactful technology companies serving the mortgage industry forever changing the home sales process.
The Mortgage Collaborative (TMC)

The Mortgage Collaborative’s Emerging Tech Fund Announces Investment in Maxwell

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative, the nation's largest independent cooperative network in the mortgage industry, announced today the first investment of its recently launched TMC Emerging Technology Fund LP ("TMC Fund").
Paramount Property Tax Appeal

Paramount Property Tax Appeal Offering Free New Year’s Evaluation for Homeowners & Business Property Owners, RE: ‘Feb 16 Changes to Tax...

SAN DIEGO, Calif. /California Newswire/ -- With only 20 days left before CA tax laws change, imposing limitations on property tax relief - property tax reduction firm Paramount Property Tax Appeal is ushering in the New Year with a free New Years evaluation for California families, affluent homeowners and all types of business property owners - to determine what steps to take to lower their property tax bill.
David Burruss of MCT

MCT Hires David Burruss to Address Demand for its MSR Services

SAN DIEGO, Calif. /California Newswire/ -- MCT® announced that David Burress has joined the company in the position of MSR Sales Director, directly addressing the increase in market demand for MCT's MSR products. The hiring of Mr. Burruss ensures MCT can continue serving the needs of their MSR clients.
ReverseVision

ReverseVision Lowers Lenders’ Costs to Originate Reverse Mortgages with Restructured Tech Plans

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has restructured its technology plans and pricing matrix to ease lenders' entry into reverse lending and support their success.
Trans Family Support Services

Denial of Coverage for Gender-Affirming Care in California Declared Unlawful says TransFamily Support Services

SAN DIEGO, Calif. /California Newswire/ -- TransFamily Support Services (transfamilysos.org) today announced a milestone victory in the organization's mission to build a world where all genders are accepted and treated equally.
ReverseVision CEO Joe Langner

ReverseVision Announces Joe Langner New CEO

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced the promotion of its president Joe Langner to president and chief executive officer. In this expanded role, Langner will lead ReverseVision's mission to empower America's seniors to use home equity as part of retirement finance.
Sarah Hellman of MCT

Sarah Hellman of MCT Selected as Finalist for San Diego Business Journal 2020 Business Women of The Year

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced that Senior Trader, Sarah Hellman, was selected as one of the finalists for San Diego Business Journal's 2020 Business Women of the Year.
ReverseVision’s Wendy Peel

ReverseVision’s Wendy Peel Named a 2020 PROGRESS in Lending Trailblazers Award Recipient

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that PROGRESS in Lending Association has honored company Vice President of Sales and Marketing Wendy Peel with its Trailblazers award.
Paramount Property Tax Appeal

Paramount Property Tax Appeal Offers Free Evaluation to Affluent California Homeowners and Business Property Owners

SAN DIEGO, Calif. /California Newswire/ -- Now that California Proposition 19 has passed, Wes Nichols, president of Paramount Property Tax Appeal Service in San Diego has decided to offer a free evaluation to affluent families, business property owners and homeowners who are transferring property to heirs or simply wish to lower their property taxes, or appeal their tax bill.
MCT Live!

MCTlive! Pool Optimizer Technology from Mortgage Capital Trading Sets New Bar for Best Execution Loan Sales

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, debuted upgraded MCTlive! Pool Optimizer functionality at its MCT Exchange client conference last month. The technology enables secondary marketing managers to use actual cash window execution for optimization on each individual loan rather than using a dealer survey for spec pay-ups.
ReverseVision

ReverseVision Supports HECM Lender Transition from LIBOR to CMT Index, Updates Docs to Facilitate Index Migration

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 it has updated all documents that reference an index to support both the Constant Maturity Treasury (CMT) and London Interbank Offer Rate (LIBOR) indexes.
Paramount Property Tax Appeal

Paramount Property Tax Appeal in San Diego Offers Free Consultation to California Property Owners as Prop 19 Becomes Law

SAN DIEGO, Calif. /California Newswire/ -- Wes Nichols, president of Paramount Property Tax Appeal Service, is reminding California property owners that property tax relief will be severely limited by changes to the Proposition 58 Parent-to-Child Exemption, as Prop 19 will soon become law.
CARR RCFE Reform

Consumer Advocates for RFCE Reform Nonprofit to Cease Operations

SAN DIEGO, Calif. /California Newswire/ -- Consumer Advocates for RFCE (Residential Care Facilities for the Elderly) Reform (CARR), a San Diego-based nonprofit, announces it is closing its doors effective October 31, 2020. Founded in 2009, CARR has been California's only consumer advocacy organization focused exclusively on residential care facilities for the elderly (RCFEs), working to improve the aging experience through advocacy and education.
MCT Business Intelligence

The MCT Business Intelligence Platform Gives Lenders Competitive Advantage with Actionable Insights

SAN DIEGO, Calif. /California Newswire/ -- MCT announced the upcoming launch of their Business Intelligence Platform, a powerful web-based analytics platform designed to empower lenders to understand the market, optimize their loan sales, and improve performance relative to their peers. The platform will be officially released and dem
Leslie Winick

Mortgage Capital Trading’s Leslie Winick wins 2020 HousingWire Vanguard Award

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), an industry-leading mortgage hedge advisory firm and developer of MCTlive!(R), announced that its Chief Strategy Officer, Leslie Winick, has been designated to HousingWire's Vanguard Award list for 2020.
Joe Langner President, ReverseVision

ReverseVision Pres. Joe Langner Honored as 2020 HousingWire Vanguard Award Recipient

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading technology provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that company President Joe Langner has been named a 2020 HousingWire (HW) Vanguard award winner.
Dr. Wellness PPE and Vending Pharmacy Kiosks

Dr. Wellness Vending Pharmacy and PPE Kiosks Launch at San Diego State University

SAN DIEGO, Calif. /California Newswire/ -- Dr. Wellness Kiosks, LLC announced today that they have launched their PPE and Vending Pharmacy Kiosks at San Diego State University. Amid the spread of new coronavirus cases on recently opened college campuses, San Diego State University took another step in prevention by providing Dr. Wellness PPE and Vending Pharmacy Kiosks across the campus.
ReverseVision’s Wendy Peel

Wendy Peel, VP at ReverseVision, Selected for a Most Powerful Women in Fintech Award by PROGRESS in Lending Association

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced that company Vice President of Sales and Marketing Wendy Peel has been recognized as a Most Powerful Women in Fintech award honoree by PROGRESS in Lending Association.
Kitchen Table STEAM

Green Kid Crafts launches Kitchen Table STEAM to Support Families Teaching at Home This Fall

SAN DIEGO, Calif. /California Newswire/ -- As families transition from summer activities to virtual, in-person, or hybrid schooling this fall, many caregivers are concerned about providing their children with activities that are fun and educational. Green Kid Crafts, a subscription box service centered on STEAM and nature-based activities, launched their Kitchen Table STEAM program on September 2 to give families extra support this fall.
ReverseVision

ReverseVision Partners with MBA to Articulate the Business Case for HECM Lending in September 10 Webinar

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading Home Equity Conversion Mortgage (HECM) and private reverse lending platform, today announced it will co-host a webinar with the Mortgage Bankers Association (MBA) to dispense HECM myths and educate mortgage lenders on the business case for incorporating HECMS into their lending portfolio.
ReverseVision - Justin Burns, Aron Weiler, and Alan Gutierrez

ReverseVision Welcomes Credit Union Pro Justin Burns as VP Operations, Invests in Platform Growth with Hire of Two Senior Software Engineers

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading Home Equity Conversion Mortgage (HECM) and private reverse lending platform, today announced the hire of credit union veteran Justin Burns as VP operations, and Senior Software Engineers Aron Weiler and Alan Guitierrez.
Mortgage Capital Trading - MCT

Uncertainty Due to Short-Notice FHFA Directive Amplifies Harm to Borrowers, according to MCT

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory firm, analyzed the potential effect of Wednesday's fifty basis points worsening in prices paid by Fannie Mae and Freddie Mac for most mortgage refinances.
Dave Bricker and Page Woodall

MCT Fortifies Its Team of Mortgage Leaders Before 2020 Market Volatility

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it appointed two mortgage industry veterans in early 2020 which strengthen its support to the capital markets community during the worldwide pandemic and associated financial turbulence.
Joe Langner President, ReverseVision

ReverseVision President Joe Langner Lauded as Mortgage Tech Thought Leader by PROGRESS in Lending Association

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced that company President Joe Langner has been honored as a mortgage technology Thought Leader by PROGRESS in Lending Association.
Carissa Orozco

ReverseVision Adds Carissa Orozco as Director of Business Development, Strategic Partners

SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced the appointment of Carissa Orozco as director of business development, strategic partners.
ReverseVision’s Wendy Peel

ReverseVision’s Wendy Peel Honored by NEXT Mortgage Events’ 2020 Awards Program

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 that Vice President of Sales and Marketing Wendy Peel has been named a NEXT Mortgage Events (NEXT) 50 Over 50 honoree.
The PPE Supply Co.

San Diego-based The PPE Supply Co. distributes medical supplies nationwide to hospitals and government agencies

SAN DIEGO, Calif. /California Newswire/ -- A local San Diego company, The PPE Supply Co., plays a significant role in getting hospitals and government agencies the PPE they need. Located in San Marcos, California the company began in an attempt to help during the coronavirus crisis.
3rd Annual Lower Extremity IEP Fellows

Record Early Enrollment for Lower Extremity IEP Fellows, Residents & Young Surgeon 3rd Annual Course

SAN DIEGO, Calif. /California Newswire/ -- Magnifi Group, Inc. and Bespa Global, LLC, co-organizers of the program, announced today that despite the change of date for its 3rd Annual Lower Extremity IEP Fellows, Residents and Young Surgeons Course it is still experiencing record early registration. The course, originally scheduled for May 1-3 will take place from Nov. 6-8, 2020 at The Omni Downtown, Austin, Texas.

Magnifi Group announces Record Early Spine Fellows & Young Surgeon Enrollment for 10th Annual Spine IEP Course

SAN DIEGO, Calif. /California Newswire/ -- Magnifi Group, Inc., announced today it is experiencing record early registration for its 10th Annual Spine IEP Fellows & Young Surgeons' Course (Spine Interactive Educational Program). The course will be conducted November 20-22 at The Fairmont Hotel, Austin, Texas.
Bank of Southern California NA

Bank of Southern California, N.A. Funds More Than $487.8 Million in PPP Loans

SAN DIEGO, 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 funded more than $487.8 million in Paycheck Protection Program (PPP) loans. These results, as of 9:30 p.m. PDT on May 7, 2020, provided 1,940 local businesses affected by the Coronavirus (COVID-19) with critical financing to retain or restore jobs for 51,523 individuals.
Bank of Southern California NA

Bank of Southern California, N.A. (BCAL) Announces Q1 2020 Results

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the first quarter ended March 31, 2020. Total assets increased to $852 million at March 31, 2020, up from $830 million in the prior quarter and an increase of 10.8% compared to March 31, 2019.
ComForCare Home Care North County

ComForCare Home Care North County Implements Innovative OversightMD Inc. Solution to Protect Caregivers and Clients During COVID-19 Pandemic

SAN DIEGO, Calif. /California Newswire/ -- ComForCare Home Care North County San Diego, a leading provider of in-home care services, has partnered with OverSightMD Inc., the leader in employee & patient population oversight, to deliver daily employee and patient wellness screenings that can help to detect symptoms of COVID-19 and other communicable disease infections.
Bank of Southern California and CalWest Bank

Bank of Southern California, N.A. and CalWest Bancorp Announce Changes to Merger Agreement

SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced that they have renegotiated the terms of their merger and have agreed to amend the initial Definitive Agreement announced on October 21, 2019 following shareholder meetings held on April 22, 2020.
CIENCE Technologies

Lead Generation Co, CIENCE, Debuts at 31/500 in The Financial Times 2020 Americas’ Fastest Growing Companies

SAN DIEGO, Calif. /California Newswire/ -- The Financial Times announced the inaugural listing of the fastest-growing privately-held companies in the Americas, and lead generation company CIENCE Technologies placed No. 31 out of 500 companies measured.
ReverseVision

Nationwide Equities Taps ReverseVision Private Program Support to Launch ‘EquityPower’ Reverse Mortgage Program

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 that Nationwide Equities Corporation (Nationwide Equities) has leveraged ReverseVision's private product support to launch its own private reverse mortgage program, EquityPower.
MAGNIFI GROUP

Magnifi Group Releases COVID-19 Course for Medical Pros in Hospital Setting

SAN DIEGO, Calif. /California Newswire/ -- Magnifi Group, Inc., a global leader in dynamic online training solutions through its FDA-Compliant Learn-WiseGo eLearning Platform, has released its COVID-19 course at no cost to its global client base and is available for public purchase.
Joe Langner President, ReverseVision

HECM Innovator ReverseVision Names Mortgage Tech Veteran Joe Langner President

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 the appointment of Joe Langner as president. Langner will lead the company to achieve its strategic vision of establishing HECM and private reverse mortgages as lending portfolio staples alongside traditional and government loans.

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