Finance News

NEW YORK, N.Y., June 14, 2019 (SEND2PRESS NEWSWIRE) — Klingenstein Fields Wealth Advisors (KFWA), a leading independent wealth advisor based in New York, today announced the acquisition, through its affiliate KF Group LP, of the assets of The Solaris Group, LLC (Solaris), a complementary New York-based wealth advisor. Together, the combined firm will have over $4.0 billion in assets under management.

CHICAGO, Ill., June 13, 2019 (SEND2PRESS NEWSWIRE) — On Monday, May 6, 2019, Jessica Merino of Merino Wealth Management received the Young Entrepreneur Award at the Annual Celebration NAWBO Chicago Achievement Luncheon.

DENVER, Colo., June 13, 2019 (SEND2PRESS NEWSWIRE) — Homebot, a customer engagement platform that delivers financial scenarios to help homeowners build wealth, today announced major enhancements to the homebuying side of its platform. The latest release inserts lenders into the market search process by integrating prompts for buyers to obtain a prequal or preapproval, lock a rate, and inquire about down payment with a single click.

COLUMBUS, Ohio, June 13, 2019 (SEND2PRESS NEWSWIRE) — SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Texan Title has chosen SafeWire(TM) to defend its clients’ wire transactions against fraud. The blockchain-backed platform will be deployed across Texan Title’s family of title companies located across Texas.

SAN DIEGO, Calif., June 13, 2019 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Hometown Lenders has implemented ReverseVision’s HECM and proprietary reverse loan origination technology to support the launch of the independent mortgage bank’s HECM lending channel.

SAN DIEGO, Calif., June 12, 2019 (SEND2PRESS 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.

NEWPORT BEACH, Calif., June 11, 2019 (SEND2PRESS NEWSWIRE) — NotaryCam, the pioneering leader in online notarization and the original provider of mortgage eClosing solutions, today announced that Fidelity National Financial (FNF), will allow the use of NotaryCam to deliver remote online notarization (RON) and remote online closing (ROC) capabilities to FNF’s network of direct title and settlement operations, as well as its network of independent title agents.

SACRAMENTO and SAN FRANCISCO, Calif., June 10, 2019 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that EPIC Sacramento-based Vice President of Property & Casualty, Mary Grandy, was the 2019 recipient of the Joe Quigley Memorial Award, conferred annually by the Construction Financial Management Association (CFMA).

LOS ANGELES, Calif., June 6, 2019 (SEND2PRESS NEWSWIRE) — Mortgage Quality Management and Research, LLC (MQMR) announced today that its Director of Compliance Marie O’Brien has been recognized by HousingWire magazine in its sixth annual HW Rising Star Awards program. O’Brien also serves as a Senior Associate in the Compliance Department of Abrams Garfinkel Margolis Bergson, LLP and as MQMR’s Associate General Counsel.

ANAHEIM, Calif. and HOUSTON, Texas, June 6, 2019 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Kevin Ach, Vice President of Risk Assurance for EPIC’s Integrated Risk Solutions Practice will moderate the Executive Afternoon session on loss prevention at the National Retail Foundation’s “NRF Protect” Conference, June 11 in Anaheim, Calif.

LAKE MARY, Fla., June 5, 2019 (SEND2PRESS NEWSWIRE) — Command Investigations (“Command”) and Monument MicroCap Partners, LLC (“Monument”) announce that they have completed a recapitalization transaction that will allow Command to venture into the next aspect of its growth phase and solidify itself as the premier investigative service provider in the United States.

NORWALK, Conn., June 4, 2019 (SEND2PRESS NEWSWIRE) — Best Friends Pet Hotel, a national operator of pet hotels with 30 locations throughout the United States offering boarding, grooming, doggy day camp, training and retail services at each of its locations, announced today its Employee Stock Ownership Plan, or ESOP, acquisition led by Mosaic Capital Partners.

LEHI, Utah, June 4, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that company President and Chief Operating Officer Ben Miller has been named one of HousingWire’s 2019 HW Rising Stars.

LOS ANGELES, Calif. and MOUNTAIN LAKES, N.J., May 29, 2019 (SEND2PRESS NEWSWIRE) — Today the EraNova Institute issues a business alert: “Showbiz shows a better way to pay.” EraNova’s Director and author of the report, Dick Samson, says, “For non-employees in entertainment and insurance, getting the money due you has often been a chore. Now, for the likes of Tom Hanks and Lady Gaga, it’s more of a breeze; and soon may be for everyone involved in insurance.”

NASHVILLE, Tenn., May 28, 2019 (SEND2PRESS NEWSWIRE) — Kraft Technology Group, a Nashville-based managed IT service provider, is pleased to announce that we have achieved compliance with the federally mandated standards of the Health Insurance Portability and Accountability Act (HIPAA) through the use of Compliancy Group’s proprietary HIPAA methodology, The Guard(R) compliance tracking software, and HIPAA Seal of Compliance.

AVON, Conn. and SAN FRANCISCO, Calif., May 28, 2019 (SEND2PRESS NEWSWIRE) — Paragon Insurance Holdings LLC, a national multi-line specialty MGA (Managing General Agency) based in Avon, Conn., today announced the addition of insurance professional Nick Faragasso and the promotion of Brendan Wright.

LEHI, Utah, May 23, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus, the industry’s leading digital mortgage platform, has been named a silver winner of the 40th annual Telly Awards. Founded in 1979, the Telly Awards honor video and television made for all screens and are judged by The Telly Award Judging Council.

TAIPEI, Taiwan, May 23, 2019 (SEND2PRESS NEWSWIRE) — The writing was on the wall for Singapore’s economy when the country’s non-oil exports extended their double-digit decline for the second straight month prompting renewed concern from Radford Taylor Partners analysts that GDP forecasts would be cut for 2019.

ATLANTA, Ga., May 23, 2019 (SEND2PRESS NEWSWIRE) — Independent, full-service employee benefits consulting firm Strategic Benefits Advisors, Inc. (SBA) has hired veteran retirement plans leader Leslie Olds for the role of senior benefits consultant. A retirement benefits consultant of 28 years, Olds will advise SBA’s plan sponsor clients on managing all aspects of their broad-based and executive retirement programs, including financing, design, implementation, administration and compliance.

NEW YORK, N.Y., May 22, 2019 (SEND2PRESS NEWSWIRE) — The Atlantic Hurricane Season got off to an early start this year, with Subtropical Storm Andrea forming on May 20, 2019, marking the record fifth year in a row that the hurricane season arrived early. This, along with experts predicting an above average hurricane season, means that travelers could be facing an uphill battle, according to TravelInsurance.com, a leading online comparison site.

SAN DIEGO, Calif., May 20, 2019 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that it has partnered with North Carolina-based Blue Ridge Bank, N.A. Mortgage Division (Blue Ridge Bank).

NEW YORK, N.Y., May 20, 2019 (SEND2PRESS NEWSWIRE) — Klingenstein Fields Wealth Advisors (KFWA), a leading wealth management firm with approximately $3 billion in assets under management, is pleased to announce that Jaime Steers has joined the firm as a Director, Wealth Advisor.

TORRANCE, Calif., May 16, 2019 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that the company will participate in Red Nose Day for the second year, transpiring on Thursday, May 23, 2019.

SAN DIEGO, Calif., May 16, 2019 (SEND2PRESS 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.

MACON, Ga., May 16, 2019 (SEND2PRESS NEWSWIRE) — LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that FirstBank Mortgage has optimized the execution of its incentive compensation with CompenSafe(TM). By replacing spreadsheets with CompenSafe, FirstBank Mortgage has reduced the time it takes to calculate loan compensation by 75 percent

PROVO, Utah, May 16, 2019 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that 38 additional recording jurisdictions located in 12 states throughout the Mid-Atlantic, Northeast and Southeast U.S. have joined Simplifile’s e-recording network.

NORWALK, Conn., May 16, 2019 (SEND2PRESS NEWSWIRE) — In December 2018, After, Inc. launched its “Millennials and Extended Service Plans” study, to investigate the attitudes and behavior of Millennials regarding manufacturers’ product warranties and Extended Service Plans (ESPs).

SAN DIEGO, Calif., May 15, 2019 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) and senior lending industry, today announced the release of the Comparison Calculator within RV Sales Accelerator (RVSA).

WASHINGTON, D.C. and SAN FRANCISCO, Calif., May 15, 2019 (SEND2PRESS NEWSWIRE) — The American Council of Engineering Companies (ACEC) Business Insurance Trust (BIT) and Greyling/EPIC Insurance Brokers & Consultants announced today that Paul Boyce, P.E., PG, has been appointed a Trustee for the ACEC Business Insurance Trust.

MACON, Ga., May 14, 2019 (SEND2PRESS NEWSWIRE) — LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, has been selected for the 2019 Best of Macon Award in the Software Company category by the Macon Award Program. As a five-time winner of the Best of Macon Award, LBA Ware was also inducted into the 2019 Macon Business Hall of Fame.

AVON, Conn. and SAN FRANCISCO, Calif., May 13, 2019 (SEND2PRESS NEWSWIRE) — Paragon Insurance Holdings LLC, a national multi-line specialty MGA (Managing General Agency) based in Avon, Conn., today announced the promotion of Erik Kriens to Regional President. Kriens is based in Paragon’s San Francisco office and reports directly to Paragon CEO and Co-founder Ron Ganiats.

SAN DIEGO, Calif., May 13, 2019 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: 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.

PROVO, Utah, May 9, 2019 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that it is joining the Arbor Day Foundation for the launch of its Time for Trees initiative, a commitment to plant 100 million trees in forests and communities worldwide by 2022.

NEW YORK, N.Y., May 9, 2019 (SEND2PRESS NEWSWIRE) — Frenkel & Company – an EPIC Company announced today that risk management and insurance professional Adam Glick has been appointed Principal of the firm’s operations in New York. Glick is based in EPIC’s New York, NY office and reports to Phil Remig, New York City President & COO.

POMPANO BEACH, Fla., May 8, 2019 (SEND2PRESS NEWSWIRE) — To celebrate Travel & Tourism Week and Economic Development Week coinciding in 2019, the principals of RMA and CJF Marketing International are introducing their new platform, “Investment Tourism.”

IRVINE, Calif., May 8, 2019 (SEND2PRESS NEWSWIRE) — BlackFin Group – a boutique-style consulting firm focused on mortgage banking and financial services – announced that it has formally launched operations with the goal of bringing a unique method to projects that drastically deviates from the way traditional consulting practices work with clients.

LOS ANGELES, Calif., May 8, 2019 (SEND2PRESS NEWSWIRE) — Mortgage Quality Management and Research, LLC (MQMR) announced today that it has hired Jeff Christensen as Vice President of Sales. In this role, Christensen will be responsible for leading sales, driving new business opportunities and expanding awareness of the MQMR brand in the market.

SALT LAKE CITY, Utah, May 7, 2019 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has converted its customer service platform to ZenDesk. The move is designed to better serve IDS customers and help the firm maintain its commitment to responding to all customer inquiries and requests effectively and efficiently.

HOUSTON, Texas, May 7, 2019 (SEND2PRESS NEWSWIRE — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that it will exhibit at the Gulf Coast Symposium on May 15-17, 2019 at the NRG Center in Houston, Texas.

SAN DIEGO, Calif., May 7, 2019 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) today reported results for the first quarter ended March 31, 2019. Total assets grew to $769 million for the first quarter of 2019, a 47% increase compared to the first quarter of 2018. Quarterly net income increased 72% to $1.85 million compared to $1.07 million in Q1 of 2018. Total loans ended the quarter at $629 million and total deposits were $636 million.