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.


Hank Metzger is Top Refinance Originator at American Financing Corporation

AURORA, Colo., July 2, 2020 (SEND2PRESS NEWSWIRE) — Hank Metzger of American Financing Corporation is excited to announce that Scotsman Guide ranked him number four refinance originator in 2019. Metzger’s impressive roster of refinance loans closed tallied 914.

Top Housing Officials and Execs to Speak At #NEXTDC20

EDMOND, Okla. and WASHINGTON, D.C., July 2, 2020 (SEND2PRESS NEWSWIRE) — NEXT Mortgage Events, LLC (NEXT) and Housing Finance Strategies have announced an all-star lineup of Washington and housing industry luminaries that are confirmed to speak at #NEXTDC20, a virtual executive summit that will take place on November 10, 2020.

IDmission Completes ISO Compliance Testing for Proprietary Biometric Technologies and Presentation Attack Detection

BOULDER, Colo., June 30, 2020 (SEND2PRESS NEWSWIRE) — IDmission, LLC, a global leader in biometric and AI technology that reduces risk associated with false identities today announced that it has met the International Organization for Standardization (ISO) requirements for ISO/IEC 30107-3.

SimpleNexus and Optimal Blue enhance integration to deliver fully integrated mobile rate-locking solution

LEHI, Utah, June 30, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced significant enhancements to its integration with Optimal Blue, the leading provider of secondary marketing solutions and data services in the mortgage industry.

RMA Presents Long-term Strategic Finance Action Plan for North Miami Beach

NORTH MIAMI BEACH, Fla., June 29, 2020 (SEND2PRESS NEWSWIRE) — RMA presented their combined 5-Year Strategic Finance Plan and Action Plan for the City of North Miami Beach to the CRA Board on Thursday, June 25. The award-winning consulting firm developed a clear and concise roadmap to prioritize and guide redevelopment in the CRA area. This plan was unanimously approved by the Board.

IDS Expands Settlement Agent Roles in Solitude Solution

SALT LAKE CITY, Utah, June 24, 2020 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has updated and expanded several features within its eClose platform Solitude Solution to streamline the closing ceremony and better support the settlement agent’s role in the closing process.

Expert DOJO Invests $1.2 Million in Diverse Startups this June

SANTA MONICA, Calif., June 24, 2020 (SEND2PRESS NEWSWIRE) — On June 3, 2020, Expert DOJO has announced that its current accelerator cohort has invested in 12 companies. Of 12 investments made, 9 are minority-led businesses, and of the same 12 investments, 4 have female founders.

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

SAN DIEGO, Calif., June 24, 2020 (SEND2PRESS 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.

The Jacobsen Announces Release of Sage, a New Augmented Intelligence Platform

BOULDER, Colo., June 22, 2020 (SEND2PRESS NEWSWIRE) — The Jacobsen has announced the release of their new augmented intelligence platform for commodity price forecasting, named Sage. “We are the first price reporting agency to release a forecasting product built on machine learning and augmented intelligence in our niche,” states John Donicht, President of The Jacobsen.

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

SAN DIEGO, Calif., June 18, 2020 (SEND2PRESS 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.

2019 ARMCO QC Trends Report Indicates Overall Marked Improvement in Critical Defect Rate over 2018

DENVER, Colo., June 18, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of the quarterly ARMCO Mortgage QC Trends Report. The latest report, which provides nationwide loan quality findings based on data derived from ACES Audit Technology covers both the fourth quarter (Q4) and the 2019 calendar year (CY).

Top of Mind places among the world’s top creators of video content in 41st Annual Telly Awards competition

ATLANTA, Ga., June 17, 2020 (SEND2PRESS NEWSWIRE) — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, took home four trophies in this year’s 41st Annual Telly Awards.

IDS Inks Exclusive Partnership Agreement with Mortgage Builder

SALT LAKE CITY, Utah, June 17, 2020 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced today it has expanded its partnership to become the exclusive integrated document preparation vendor of Mortgage Builder, a provider of award-winning mortgage loan origination and servicing software.

Black-Owned Private Equity Firm Offers Zero-Percent Interest Loans to Businesses of Color Impacted by COVID-19, Civil Unrest

GREENSBORO, N.C., June 16, 2020 (SEND2PRESS NEWSWIRE) — Today, North Carolina-based, black-owned private equity firm, Building Wealth & Communities (BWC) Capital, announced the launch of the BWC+invest Zero-Percent Interest Loan Program. Developed for small, emerging businesses of color across the country.

Centier Bank Slashes Man-Hours Spent Calculating Incentive Compensation by 99% with LBA Ware’s CompenSafe

MACON, Ga., June 16, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced that Centier Bank (Centier), Indiana’s largest private, family-owned bank, has implemented CompenSafe to automate incentive compensation for its residential lending department.

SimpleNexus and Mortgage Coach expand integration with real-time data syncing for instant analysis of lifetime loan costs

LEHI, Utah, June 16, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, has expanded its integration with Mortgage Coach, making it easier than ever for loan originators to give borrowers the clear, accurate comparison of loan products and scenarios needed to make informed mortgage decisions.

3flightsHR CEO Sheryl Simmons Selected to Speak at Financial Health Network EMERGE Conference and HRSouthwest Conference for Second Consecutive Year

DETROIT, Mich., June 15, 2020 (SEND2PRESS NEWSWIRE) — 3flightsHR, a leading HR consulting company, is pleased to announce that once again Chief Executive Officer Sheryl Simmons has been selected by Dallas HR to present at the Annual HR Southwest Conference, and by the Financial Health Network to present at the Annual EMERGE Conference.

SimpleNexus’ Pam Faulkner and Cathleen Schreiner Gates Land Spots on NEXT Mortgage Events’ Debut 50 Over 50 Awards Program

LEHI, Utah, June 12, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that Director of Mortgage Solutions Pam Faulkner and Board Member Cathleen Schreiner Gates have been honored by NEXT Mortgage Events’ (NEXT) 50 Over 50 awards program.

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

SAN DIEGO, Calif., June 12, 2020 (SEND2PRESS 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.

Vice Capital Markets Sets Internal Record for Monthly Trade Volume

NOVI, Mich., June 12, 2020 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that the company has more than doubled its monthly trade volume over a 90-day period, setting several internal records. Trade volume totals reached during this period include $11.5 billion in March, $13.4 billion in April and $12.4 billion in May.

Mortgage Insurance Ordering Made Seamless as OpenClose® Integrates Its LenderAssist™ LOS with Radian

WEST PALM BEACH, Fla., June 12, 2020 (SEND2PRESS NEWSWIRE) — OpenClose, an industry-leading digital mortgage fintech provider, announced it completed an interface with Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN). The integration leverages OpenClose’s omni-channel loan origination system (LOS) and RESTful API suite, allowing Radian customers to order MI without exiting the LenderAssist LOS.

LTC NEWS Acquisition Anticipates Growth and Expansion

CHICAGO, Ill., June 12, 2020 (SEND2PRESS NEWSWIRE) — Matt McCann, a nationally-known veteran of the long-term care (LTC) insurance industry, announces the formation of LTC NEWS, LLC after acquiring the online asset – ltcnews.com.

DepthPR Founder Kerri Milam Named Among Mortgage Industry’s Most Influential Women

ATLANTA, Ga., June 12, 2020 (SEND2PRESS NEWSWIRE) — Depth Public Relations (DepthPR), a leading provider of consultative marketing, public relations and reputation management services for the mortgage lending and residential finance industries, today announced company Founder and President Kerri S. Milam is a recipient of the Powerhouse Award recognizing influential female leaders in the mortgage sphere.

LBA Ware Founder and CEO Lori Brewer Named NEXT Mortgage Events 50 Over 50 Honoree

MACON, Ga., June 11, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today announced company Founder and CEO Lori Brewer has been named an honoree of NEXT Mortgage Events’ (NEXT) 50 Over 50 awards program. In its inaugural year, NEXT 50 Over 50 honors influential female leaders in the mortgage sphere.

FormFree Director of Partner Relationships Christy Moss, CMB, Honored by NEXT Mortgage Events’ Inaugural 50 Over 50 Awards

ATHENS, Ga., June 11, 2020 (SEND2PRESS NEWSWIRE) — FormFree Director of Partner Relationships Christy Moss, CMB, has been recognized by Next Mortgage Events (NEXT) as a 50 Over 50 honoree. In its inaugural year, the awards program honors female powerhouses in the mortgage industry.

Rapid Deployment Solutions and nipendo Sign Reseller Agreement

BOSTON, Mass. and FORT LAUDERDALE, Fla., June 11, 2020 (SEND2PRESS NEWSWIRE) — nipendo and Rapid Deployment Solutions (RDS) today announced a new partnership agreement for the resale of nipendo’s RPA (Robotic Process Automation) platform for P2P (Purchase-to-Pay) process automation.

ARMCO Expands Corporate Philanthropic Program to Support COVID-19 Relief and Racial Equality Advocacy Efforts

DENVER, Colo., June 11, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced it has expanded its corporate philanthropic initiative ARMCO CARES to support employees’ charitable giving and volunteer efforts in response to the COVID-19 pandemic.

Louis Masry of Quest Settlements Takes Role as President of the National Structured Settlements Trade Association (NSSTA)

WESTLAKE VILLAGE, Calif., June 10, 2020 (SEND2PRESS NEWSWIRE) — The National Structured Settlements Trade Association (NSSTA) has named Louis Masry as 2020-2021 President. Masry is a co-owner at Quest Settlements, where he serves as Principal and as a Senior Settlement Consultant. He has assumed the role of President from Michelle Caine, who completed her year in the role.

New SBA Service Fills Plan Sponsors’ Need for Pandemic-Friendly, Cost-Effective Sourcing of Third-Party Benefit Service Providers

ATLANTA, Ga., June 9, 2020 (SEND2PRESS NEWSWIRE) — Independent, full-service employee benefits consulting firm Strategic Benefits Advisors, Inc. (SBA) today announced the launch of Arm’s-Length Vendor Search, a service designed to help organizations make informed decisions about hiring and retaining benefit plan administrators, recordkeepers and other third-party service providers when travel restrictions or budgetary constraints preclude in-person assessment of prospective vendors.

SimpleNexus Platform Enhancement Enables Lenders and Borrowers to Manage Multiple Borrower Loans Through SimpleNexus’ User-Friendly Interface

LEHI, Utah, June 4, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced a platform enhancement that merges management of multiple loans with the same applicant into one user-friendly interface.

New Integration Enables OpenClose Lenders to Automate MERS® Loan Registration and Transfer via Cyberlink’s eRAMP System

WEST PALM BEACH, Fla., June 3, 2020 (SEND2PRESS NEWSWIRE) — OpenClose, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), and Cyberlink Software Solutions, a provider of optimization and development solutions for mortgage lenders, announced the completion of an integration that eases the time consuming and laborious method of registering loans one by one with MERS.

SimpleNexus Senior Software Developer Jordan Wild honored as 2020 HousingWire Rising Star

LEHI, Utah, June 1, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that Senior Software Developer Jordan Wild has been named a 2020 HousingWire (HW) Rising Stars award winner. Now in its seventh year, the HW Rising Stars program recognizes the housing industry’s most influential professionals aged 40 and under.

Top of Mind Lead Project Manager Maggie Mae Named 2020 HousingWire Rising Stars Award Honoree

ATLANTA, Ga., June 1, 2020 (SEND2PRESS NEWSWIRE) — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced that Lead Project Manager Maggie Mae has been named a recipient of HousingWire’s 2020 Rising Stars award. Now in its seventh year, the HW Rising Stars award program honors the housing industry’s most influential professionals aged 40 and under.

Amid Ongoing Work-From-Home Requirements, DocMagic Provides its eSign Technology at Zero Cost to Boost Employee Productivity

TORRANCE, Calif., May 29, 2020 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has made an agnostic version of its eSign technology available for free in order to help organizations increase productivity, efficiency and compliance among work-from-home employees during COVID-19 stay-at-home orders as well as after they are lifted.

TeamSnap Raises $5.5 Million in Funding as Sports Activities Begin to Resume

BOULDER, Colo., May 26, 2020 (SEND2PRESS NEWSWIRE) — TeamSnap, the leader in sport management technology, announced today a $5.5 million convertible notes financing led by Foundry Group and Bolt Ventures. The funding comes as TeamSnap prepares for sports activities to return after the global shutdown.

ARMCO Launches QC NOW Web Series to Support QC Professionals

DENVER, Colo., May 26, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the launch of QC NOW, a web series covering current regulatory and operational changes related to quality control, compliance and risk for independent mortgage lenders, banks and credit unions.

NotaryCam Offers Free RON Services for Current, Retired Military Members over Memorial Day for Its ‘Help a Hero’ Initiative

NEWPORT BEACH, Calif., May 22, 2020 (SEND2PRESS NEWSWIRE) — NotaryCam, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it would once again offer free remote online notarization (RON) sessions to United States veterans and current service members over the Memorial Day holiday weekend as part of its semi-annual “Help a Hero” initiative.

Structured Settlement Factoring Company Launches New Website to Better Serve Customers

LOS ANGELES, Calif. and NEW YORK, N.Y., May 22, 2020 (SEND2PRESS NEWSWIRE) — Strategic Capital has launched a new website. With this newly revamped web presence, they give people the opportunity to learn more about how they can maximize payout options for structured settlements, lottery winnings, casino winnings, and more.

Lowden Street Capital Announces Acquisition of Southern Air Custom Interiors, Inc.

ALEXANDER CITY, Ala., May 21, 2020 (SEND2PRESS NEWSWIRE) — Lowden Street Capital, a private equity firm focused on rural market investing, acquired Southern Air Custom Interiors, Inc., an upholstery company out of Haleyville, Ala. that focuses on custom aircraft interiors, on April 30, 2020.

SROA Capital Pays Quarterly Distributions – Sees Market Opportunity Ahead

WEST PALM BEACH, Fla., May 20, 2020 (SEND2PRESS NEWSWIRE) — SROA Capital, LLC (“SROA”), a West Palm Beach-based vertically-integrated real estate investment management firm with $1 billion of assets under management and owner/operator of Storage Rentals of America, announced today that it has paid its first quarter distribution.