Finance News

Finance News – including banking, insurance, mortgage lenders, risk management, public companies, funding and investment services, and related financial news from the Send2Press Newswire service.


iFOS Managing Consultants LLC Awarded Multi-Year FOIA Support Services Contract with DOD

COLUMBIA, Md., Oct. 16, 2018 (SEND2PRESS NEWSWIRE) — Intelligent Fiscal Optimal Solutions(R) (iFOS) Managing Consultants, LLC is pleased to announce the notification of a multi-year award to provide Freedom of Information Act (FOIA) services for the Office of the Assistant Secretary of Defense for Public Affairs located in Washington, D.C.

Kevin Harnetiaux Joins EPIC Insurance Brokers in Sacramento CA

SAN FRANCISCO and SACRAMENTO, Calif., Oct. 16, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that insurance industry veteran Kevin Harnetiaux has joined the firm as Senior Vice president and Chief Operating Officer of EPIC’s Sacramento Region, including Sacramento, Calif., Gold River, Calif., and Reno, Nev.

ReverseVision and STRATMOR Group Partner to Integrate First-Ever HECM Borrower Satisfaction Benchmark into MortgageSAT

SAN DIEGO, Calif., Oct. 15, 2018 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it is partnering with leading mortgage industry advisory firm STRATMOR Group to develop the first-ever HECM borrower satisfaction benchmark as part of STRATMOR’s MortgageSAT Borrower Satisfaction Program.

FormFree and Freddie Mac Partner to Automate Income and Asset Assessment to Safely Speed Origination Process

ATHENS, Ga., Oct. 15, 2018 (SEND2PRESS NEWSWIRE) — Freddie Mac has named FormFree a designated third-party service provider for automated income and asset assessment capabilities. The announcement came as the GSE unveiled new enhancements to Loan Advisor(SM) at the Mortgage Bankers Association’s Annual Convention and Expo in Washington, D.C.

Thrive Mortgage partners with Cloudvirga to give its loan officers an edge with consumers

IRVINE, Calif., Oct. 15, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, today announced that full-service mortgage lender Thrive Mortgage LLC (formerly Georgetown Mortgage) is deploying Cloudvirga digital mortgage technology to loan officers across its more than 50 branch locations nationwide. The lender expects 70 percent of its loan production will be powered by Cloudvirga technology by the end of the quarter.

Holiday Travel 2018: Don’t Forget Travel Insurance When Booking Your Holiday Vacation This Year

NEW YORK, N.Y., Oct. 15, 2018 (SEND2PRESS NEWSWIRE) — For the best prices and travel options, October is an ideal time to book your holiday travel, whether it’s a family gathering for Thanksgiving or a ski trip around Christmas break, according to TravelInsurance.com. It’s a great time to take advantage of deals, which become harder to come by closer to the intended travel date.

EPIC Insurance Brokers Recognized as a 2018 Best Place to Work in Pittsburgh PA

SAN FRANCISCO, Calif. and PITTSBURGH, Pa., Oct. 15, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has been recognized by their team members in Pittsburgh as one of the city’s 2018 Best Places to Work in a survey conducted annually by the Pittsburgh Business Times.

Secure Insight Creates National eClosing Training Program Using DocMagic’s Total eClose Solution

WASHINGTON, D.C., Oct. 15, 2018 (SEND2PRESS NEWSWIRE) — Secure Insight, a New Jersey-based data intelligence and vendor management firm, announced today at the MBA’s Annual Convention and Expo that it teamed with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, to develop and host an online training program.

Cloudvirga Selected to Demo Mobile POS at MBA Annual Conference and Expo in Washington, DC

IRVINE, Calif., Oct. 12, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, announced that it has been selected to demo its recently launched Mobile POS at the Mortgage Bankers Association’s Annual Conference & Expo 2018, taking place October 14-17 at the Walter E. Washington Convention Center in downtown Washington, D.C.

Ainsworth Advisors Fields Top-Tier Mortgage Business Leaders to Guide Long Range Growth for World Class Lenders

DALLAS, Texas, Oct. 12, 2018 (SEND2PRESS NEWSWIRE) — Ainsworth Advisors, LLC, a group of veteran mortgage industry leaders offering strategic and tactical advice, helping improve efficiencies and developing strong leadership teams for world-class mortgage lending businesses, today announced it has deepened its bench strength with unparalleled expertise in key operations and planning areas.

FormFree and LoanBeam Partner to Automate Income Extraction and Calculation for Mortgage Lenders

ATHENS, Ga., Oct. 12, 2018 (SEND2PRESS NEWSWIRE) — Automated verification provider FormFree has partnered with LoanBeam, the leader in automated income extraction and calculation, to make it easy for mortgage lenders to solve two of their toughest underwriting challenges: collecting digital borrower financial data directly from the source and calculating qualified income with accuracy, consistency and efficiency.

EPIC Acquires Not-For-Profit and Social Services Specialist Total Management Corporation (TMC)

NEW YORK and SAN FRANCISCO, Calif., Oct. 11, 2018 (SEND2PRESS NEWSWIRE) — Total Management Corporation (TMC) and EPIC Insurance Brokers & Consultants, a unique and innovative national retail insurance brokerage and employee benefits consulting firm, announced today that EPIC has acquired the assets, employees and operations of TMC.

OpenClose Launches RESTful API Suite, Expanding Connectivity to Third Party Applications and Services

WEST PALM BEACH, Fla., Oct. 10, 2018 (SEND2PRESS NEWSWIRE) — OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced the release of a RESTful API suite designed to offer its customers an easier, more cost effective and secure standardized solution to enable rich and deep direct interactions with their system of record from third party and home grown systems.

Mid America Mortgage Hires Pamela Misner to Manage Underwriting

ADDISON, Texas, Oct. 10, 2018 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has retained Pam Misner as Underwriting Manager. With nearly 30 years of mortgage expertise, Misner will direct Mid America’s mortgage loan underwriting and collaborating on the expansion of origination and production teams for Mid America’s West Coast branches.

DocMagic Teams with Several Southern California Non-Profit Groups and Organizations in Support of Breast Cancer Awareness Month

TORRANCE, Calif., Oct. 9, 2018 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has donated a shipment of its popular custom-made pink bunny slippers, which will be handed out at a blood drive event for Breast Cancer Awareness Month. Twenty percent of all donated blood will be given to cancer treatment and research.

LBA Ware’s Lori Brewer to Moderate Panel on Data-Driven Best Practices for Mortgage Lender Staffing at MBA Annual 2018

MACON, Ga., Oct. 9, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware, the leading provider of automated compensation software and systems integration solutions for mortgage lenders, today announced that company Founder and CEO Lori Brewer will moderate a panel on the science of staffing a mortgage business at the 2018 Mortgage Bankers Association (MBA) Annual Convention and Expo, which takes place October 14-17 at the Walter E. Washington Convention Center in Washington, D.C.

FormFree to Host James Deitch Book Signing at 2018 MBA Annual Convention

ATHENS, Ga., Oct. 8, 2018 (SEND2PRESS NEWSWIRE) — Automated verification provider FormFree and co-sponsors LexisNexis Risk Solutions, LoanBeam, SingleSource and Teraverde will host a book signing and networking event featuring James Deitch, CPA, CMB, at the Mortgage Bankers Association’s Annual Convention and Expo being held Oct. 14-17, 2018 in Washington, D.C.

The Mortgage Collaborative Expands Benchmark, Collaboration Labs and Working Group Member Engagement Initiatives

SAN DIEGO, Calif., Oct. 8, 2018 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s only independent mortgage cooperative, today announced that they have added and expanded upon several of their member benefits. With the continued growth of their national lender member network, TMC has increased the size and scope of their engagement programs to offer even more opportunities for their members to network and collaborate.

NEXT Future Transportation: Autonomous Transportation Success Depends on Project Finance and Public Private Partnerships

SAN JOSE, Calif., Oct. 5, 2018 (SEND2PRESS NEWSWIRE) — NEXT Future Transportation Inc. (“NEXT”), the global leader in modular-electric vehicle solutions, today announced it will be participating in the International Project Finance Association (“IPFA Americas”) conference, Autonomous and Connected Vehicles: Impacts and Implications, on Thursday, Oct. 25 at the office of Nixon Peabody LLC in Los Angeles.

MCT 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.

Simplifile Completes West Virginia’s First E-recording Transaction

PROVO, Utah, Oct. 4, 2018 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that it has facilitated the first e-recording transaction in the state of West Virginia. The transaction was completed on Friday, Aug. 24 in Monongalia County, W. Va., which is the first recording jurisdiction in the state to begin e-recording land documents.

EPIC Hosts Fourth Annual Invitational Golf Tournament Benefiting Nonprofit The Joyful Child Foundation

SAN FRANCISCO and ONTARIO, Calif., Oct. 4, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has hosted its fourth annual EPIC Invitational Golf Tournament on behalf of The Joyful Child Foundation and its mission to keep children safe.

IDS Develops Fresh MortgageFlex Integration to Support Latest MISMO Standards

SALT LAKE CITY, Utah, Oct. 3, 2018 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has built a brand new interface with mortgage loan origination and servicing technology provider MortgageFlex Systems that operates on the MISMO Version 3.3 data standard.

FinKube, Plaid Offer Webinar on Digital Lending

DALLAS, Texas, Oct. 2, 2018 (SEND2PRESS NEWSWIRE) — FinKube, a company that provides AI-powered Platform-as-a-Service solutions for a range of industries, announced today that the company will offer a free webinar featuring Plaid Inc. – a financial technology platform that powers modern, digital financial services.

LBA Ware Sponsors Young Entrepreneurs Academy to Cultivate a Future Generation of Entrepreneurs in Middle Georgia

MACON, Ga., Oct. 2, 2018 (SEND2PRESS NEWSWIRE) — LBA Ware, the leading provider of automated compensation software and systems integration solutions for mortgage lenders announced its fiscal sponsorship of the Greater Macon Chamber of Commerce’s Young Entrepreneurs Academy (YEA!), an innovative program that transforms local middle and high school students into real entrepreneurial successes.

Mortgage Capital Trading Adds Multi-Factor Authentication to its MCTlive! Secondary Marketing Software

SAN DIEGO, Calif., Sept. 27, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has implemented multi-factor authentication (MFA) security protocols, which require multiple methods to verify a user’s identity for logins and transactions.

NEXT Mortgage Events Selects Advisory Board

EDMOND, Okla., Sept. 27, 2018 (SEND2PRESS NEWSWIRE) — NEXT Mortgage Events LLC, a creator of events for women mortgage executives, has announced the selection of the NEXT Advisory Board, a group of eight top mortgage industry executives. NEXT Advisory Board members were selected to advise event organizers on content, assuring that all sessions continue to address the needs of women executives at mortgage lending institutions and GSEs.

DocMagic and NotaryCam Integrate to Eliminate Reliance on In-Person Notarizations for Paperless eClosings

NEWPORT BEACH, Calif., Sept. 27, 2018 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, and NotaryCam, the leader in online notarization solutions, announced an integration that eliminates the need to wet-sign loan documents in the physical presence of a notary by allowing loan documents to be quickly and compliantly eNotarized online.

Experienced Mortgage Technologist Mark Michel Joins Growing Team at OpenClose

WEST PALM BEACH, Fla., Sept. 27, 2018 (SEND2PRESS NEWSWIRE) — OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that it hired Mark Michel, an industry veteran in enterprise-level mortgage technology systems.

Frenkel Benefits, an EPIC Company Adds Nicholas Tunno in New York

SAN FRANCISCO, Calif. and NEW YORK, N.Y., Sept. 27, 2018 (SEND2PRESS NEWSWIRE) — Frenkel Benefits – an EPIC Company announced today that employee benefits, risk management and insurance professional Nicholas Tunno has joined the firm in New York as a Principal.

Joseph Ferber Joins Frenkel and Company – an EPIC Company in New York

SAN FRANCISCO, Calif. and NEW YORK, N.Y., Sept. 27, 2018 (SEND2PRESS NEWSWIRE) — Frenkel & Company – an EPIC Company announced today that risk management and insurance professional Joseph Ferber has joined the firm’s operations in New York as a Principal.

NotaryCam’s Rick Triola Named a Finalist for Orange County Business Journal’s ‘Innovator of the Year’ Award

NEWPORT BEACH, Calif., Sept. 26, 2018 (SEND2PRESS NEWSWIRE) — NotaryCam, leader in online notarization and the original provider of mortgage eClosing solutions, today announced that Founder and CEO Rick Triola was named a finalist for the Orange County Business Journal’s ‘Innovator of the Year’ award. Triola’s accomplishment was celebrated at an awards luncheon held September 20 at Hotel Irvine.

Newest Mortgage Company on the Sunset Strip, Vantage Home Loans, launches and targets the Luxury Los Angeles Home Market

WEST HOLLYWOOD, Calif., Sept. 26, 2018 (SEND2PRESS NEWSWIRE) — In today’s hyper competitive mortgage market with increasing competition from internet companies, Roger Mansourian has formed a new partnership and mortgage company – Vantage Home Loans – that specifically targets and caters to the creative financing needs of investors, small business owners, and luxury homeowners seeking a strong mortgage offering in California and Washington.

Iron Cove, a division of EPIC, again Named Best U.S. Insurance Provider by Hedgeweek

NEW YORK, N.Y. and SAN FRANCISCO, Calif., Sept, 26, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants announced today that Iron Cove, a division of EPIC, was named Best US Insurance Provider by Hedgeweek, a Global Fund Media publication, which reaches over 98,000 financial services executives globally.

Simplifile Adds 29 Southeastern U.S. Counties to E-recording Network

PROVO, Utah, Sept. 25, 2018 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that 29 additional recording jurisdictions located in six states throughout the Southeastern U.S. have joined Simplifile’s e-recording network.

IDS Completes TRID 2.0 Updates to Mortgage Document Preparation Platform

SALT LAKE CITY, Utah, Sept. 25, 2018 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has completed modifications to its flagship mortgage document preparation platform idsDoc related to TRID 2.0. Updates were also made to the LE/CD and Totals pages within idsDoc, as well as the 1003 and Construction Lending sections.

Cloudvirga Co-founder Kyle Kamrooz named ‘Innovator of the Year’ by Orange County Business Journal

IRVINE, Calif., Sept. 21, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, today announced that company Co-founder Kyle Kamrooz has been named a 2018 “Innovator of the Year” by the Orange County Business Journal. Kamrooz was selected from a competitive field of over 70 nominees and honored at an awards luncheon at Hotel Irvine on September 20.

EPIC Insurance Brokers adds Matt Lumelleau in Houston

HOUSTON, Texas, Sept. 20, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants announced today that Matt Lumelleau has joined the firm’s Property and Casualty practice as a Principal, reporting to EPIC Managing Principal and Director Southwest Region, KJ Wagner.

FormFree unveils NextGen at Digital Mortgage conference in Las Vegas

LAS VEGAS, Nev., Sept. 18, 2018 (SEND2PRESS NEWSWIRE) — FormFree today announced the release of NextGen, a new platform that builds on the company’s award-winning AccountChek service. Unveiled from the main stage of Digital Mortgage 2018 in Las Vegas, NextGen increases the precision and ease with which lenders determine their borrowers’ ability to pay loans.

Freddie Mac Expands eMortgage Solutions with DocMagic’s eVault Technology to Store and Control eNotes

TORRANCE, Calif., Sept. 18, 2018 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced today that Freddie Mac has implemented its SaaS-based eVault technology and SmartREGISTRY platform.