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.


Choyce Peterson Hires Scott J. Lipow as Senior Associate

NORWALK, Conn., Nov. 29, 2021 (SEND2PRESS NEWSWIRE) — Choyce Peterson, Inc., a full service commercial real estate brokerage firm, announced that Scott J. Lipow has joined the brokerage team as Senior Associate. Lipow will join Choyce Peterson’s Capital Markets team, focusing on investment opportunities throughout Fairfield and Westchester Counties.

Sales Boomerang named 49th fastest-growing company in North America on the 2021 Deloitte Technology Fast 500

WASHINGTON, D.C., Nov. 18, 2021 (SEND2PRESS NEWSWIRE) — Sales Boomerang today announced it ranked 49 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America, now in its 27th year. Sales Boomerang grew 3,882% during this period.

The Chelsea Groton Foundation Passes $5 Million in Giving Since Founding – Following Approval of $255K in Grants During Fall Giving Cycle

GROTON, Conn., Nov. 18, 2021 (SEND2PRESS NEWSWIRE) — This fall, the Chelsea Groton Foundation provided $255,827 to 45 non-profit organizations from Connecticut and Rhode Island. The Foundation has given over $500,000 in grants in 2021 alone, and over $5 million to the community since its founding.

Mortgage Coach integration with First American Title empowers consumers with greater insight into title fees during the loan selection process

IRVINE, Calif., Nov. 18, 2021 (SEND2PRESS NEWSWIRE) — Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, today announced its integration with First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF).

Promontory MortgagePath Founder and CEO Eugene Ludwig honored as top technology executive by Northern Virginia Technology Council

DANBURY, Conn., Nov. 17, 2021 (SEND2PRESS NEWSWIRE) — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today its Founder and CEO Gene Ludwig was named one of the top technology executives by the Northern Virginia Technology Council (NVTC) as part of its annual NVTC Tech 100 awards.

2021 Deloitte Technology Fast 500™ Ranks FormFree 379th Fastest-Growing Company in North America

ATHENS, Ga., Nov. 17, 2021 (SEND2PRESS NEWSWIRE) — FormFree today announced it ranked 379 on the Deloitte Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America, now in its 27th year.

ReverseVision Adds Two New Hires to Support Expansion of Functional Areas and Corporate Infrastructure

SAN DIEGO, Calif., Nov. 16, 2021 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it added Eric Samuelson as vice president of finance and Andres Ochoa as systems administrator. The two positions will play key roles in optimizing internal functions and prepping the company to scale.

Mid America Mortgage welcomes Dennis Loxton as national sales manager in its reverse mortgage division

ADDISON, Texas, Nov. 15, 2021 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) announced it has hired Dennis Loxton as national sales manager in the company’s reverse mortgage division. A veteran of the reverse mortgage industry, Loxton joins Mid America from Liberty Reverse Mortgage, where he ran the Eastern wholesale division as regional vice president. At Mid America, Loxton will be responsible for recruiting top-tier loan officers to join the company’s reverse mortgage division.

David McNeil Receives Broker of the Year Award

SAN FRANCISCO and ONTARIO, Calif., Nov. 11, 2021 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Principal and Risk Management Consultant David McNeil has been selected as 2021 Broker of the Year by The California Association of Mutual Water Companies – Joint Powers Risk & Insurance Management Authority (CalMutuals-JPRIMA).

Nomis Solutions Announces Strategic Collaboration with J.D. Power to Deliver Enhanced Automotive Finance Pricing Strategies to Financial Institutions

SAN FRANCISCO, Calif., Nov. 11, 2021 (SEND2PRESS NEWSWIRE) — Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, announced it has formed a strategic collaboration with J.D. Power, a global leader in data analytics and consumer intelligence, to deliver enhanced automotive financing price optimization to financial institutions throughout the United States and Canada.

Promontory MortgagePath Promotes Dean McCall into its C-Suite as Chief Information Officer

DANBURY, Conn., Nov. 10, 2021 (SEND2PRESS NEWSWIRE) — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today it has promoted Dean McCall from managing director of development operations and data to chief information officer (CIO).

TMC Emerging Technology Fund LP Invests in Clever Real Estate

SAN DIEGO, Calif., Nov. 10, 2021 (SEND2PRESS 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 participated in a Series B investment round for Clever Real Estate. Clever offers free educational resources – including expert advice, reviews and guides – to help consumers navigate their real estate journey.

NotaryCam resumes ‘Help a Hero’ initiative, offering complimentary Online Virtual Notary services for current, retired military members for Veterans Day

NEWPORT BEACH, Calif., Nov. 10, 2021 (SEND2PRESS NEWSWIRE) — NotaryCam, a Stewart-owned company and a pioneering provider of remote online notarization and identity verification / authentication technology for real estate and legal transactions, today announced its semi-annual “Help a Hero” initiative will once again offer free remote online notarization (RON) sessions to United States veterans and current service members.

Mid America Mortgage Hires Gary D. McKiddy as Chief Risk Officer

ADDISON, Texas, Nov. 10, 2021 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) announced today that Gary D. McKiddy has rejoined the organization in the role of Chief Risk Officer (CRO). McKiddy will leverage his nearly 40 years of experience in corporate financial management across multiple verticals, including mortgage banking, to help Mid America Mortgage manage risk and improve operations amidst the ongoing expansion of its product line.

Crawford McInnis Named Chief Sales Officer – Appointment will Lead EPIC to Next Level of Sales Excellence

SAN FRANCISCO, Calif. and BIRMINGHAM, Ala., Nov. 9, 2021 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers & Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Crawford McInnis has been named Chief Sales Officer, reporting to Philip Moyles, Chief Growth Officer.

ReverseVision Appoints Industry Veteran Bill Mitchell Chief Revenue Officer

SAN DIEGO, Calif., Nov. 9, 2021 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it has hired Bill Mitchell as chief revenue officer (CRO).

FormFree raises over $57,000 for the American Red Cross of Northeast Georgia at second annual Heroes Golf Classic

ATHENS, Ga., Nov. 9, 2021 (SEND2PRESS NEWSWIRE) — FormFree today announced that it raised $57,030 to benefit the Northeast Georgia chapter of the American Red Cross during this year’s Heroes Golf Classic charity tournament. Now in its second year, the 2021 Heroes Golf Classic brought together more than 100 golfers and volunteers at the Château Élan Winery and Resort in Braselton, Georgia, on October 29 to raise money and awareness for disaster relief services, blood drives and educational programs.

SimpleNexus helps lenders better serve Spanish-speaking borrowers with launch of Nexus Bilingual

LEHI, Utah, Nov. 8, 2021 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced the release of Nexus Bilingual(tm), a new feature that makes the loan process more accessible to prospective homebuyers who prefer to communicate in Spanish by gathering initial loan information in Spanish.

Sales Boomerang recognized as Baltimore’s second fastest-growing company

WASHINGTON, D.C., Nov. 5, 2021 (SEND2PRESS NEWSWIRE) — Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system, today announced it has earned the No. 2 spot on the Baltimore Business Journal’s (BBJ) 2021 Fast 50, a list of the greater Baltimore region’s 50 fastest-growing private companies. Fast 50 rankings were unveiled by the BBJ at a private reception on Thursday, November 4.

Inspire Escrow Services Launches as All-New Trusted, Safe and Efficient Escrow Company in the Inland Empire

ONTARIO, Calif., Nov. 5, 2021 (SEND2PRESS NEWSWIRE) — Inspire Escrow Services has launched as an all-new trusted, safe and efficient escrow business serving the Inland Empire region, the Ontario, California-based company placing high value on security and quality while ensuring all transactions are successful and convenient for every client.

Mortgage Professional America honors FormFree Account Manager Laura Graben with 2021 Rising Stars award

ATHENS, Ga., Nov. 5, 2021 (SEND2PRESS NEWSWIRE) — FormFree today announced that Account Manager Laura Graben has been named a 2021 Rising Star by Mortgage Professional America (MPA) magazine. The MPA Rising Stars award program honors promising young professionals who are making an impact on the housing and mortgage industries.

EnergyCAP Appoints Thomas R. Patterson, Jr. as Chief Executive Officer

BOALSBURG, Pa., Nov. 5, 2021 (SEND2PRESS NEWSWIRE) — EnergyCAP, LLC (ENC), the leading provider of data and analytics software for energy and utility bill management, today announced that Thomas R. Patterson, Jr. (Tom) has been named as Chief Executive Officer (CEO) of the company. Steve Heinz, who founded the company in 1982, will retire from his role as CEO but will continue in an advisory capacity as a member of the Board of Directors.

Fintech provider Promontory MortgagePath’s digital mortgage and fulfillment solutions receive renewed ABA endorsement

DANBURY, Conn., Nov. 4, 2021 (SEND2PRESS NEWSWIRE) — Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced the renewal of its product endorsement by the American Bankers Association (ABA). Promontory MortgagePath combines extensive mortgage operations and compliance expertise with industry-leading mortgage technology to provide efficient, cost-effective mortgage processing and fulfillment services to lenders of all sizes.

TMC Emerging Technology Fund LP to Host TMC Mortgage Tech Day

SAN DIEGO, Calif., Nov. 4, 2021 (SEND2PRESS 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”) will host TMC Mortgage Tech Day on March 19, 2022, in conjunction with TMC’s Winter Conference at the Fontainebleau Miami Beach.

Vice Capital Markets’ Danny Enright honored as 2021 Rising Star by Mortgage Professional America

NOVI, Mich., Nov. 3, 2021 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced Senior Trader Danny Enright has been recognized by industry trade publication Mortgage Professional America (MPA) as one of its 2021 Rising Stars. In its inaugural year, the MPA Rising Stars award seeks to honor young professionals making a significant impact in the mortgage and housing industry.

IDS’ Emilio Estrada Named a Mortgage Industry ‘Rising Star’ by MPA

SALT LAKE CITY, Utah, Nov. 3, 2021 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced today that account manager Emilio Estrada has been named a 2021 Rising Star by industry trade publication Mortgage Professional America (MPA). The MPA Rising Star awards program seeks to honor up-and-coming talent within the housing and mortgage industry.

Mortgage Professional America honors multiple Promontory MortgagePath employees

DANBURY, Conn., Nov. 3, 2021 (SEND2PRESS NEWSWIRE) — Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced trade publication Mortgage Professional America (MPA) has recently recognized several of its employees. Chief Administrative Officer Bryan DeShasier was named a 2021 Housing Industry Icon by MPA in October, and Manager, Project Management Office Darcey O’Neill and Director of Backend Engineering Kevin Wheeler were both featured in MPA’s 2021 Rising Star awards program, announced today.

ACES Quality Management announces ACES ENGAGE, a two-day conference defining the future of quality management and control for the financial services industry

DENVER, Colo., Nov. 3, 2021 (SEND2PRESS NEWSWIRE) — ACES Quality Management (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the launch of ACES ENGAGE, a conference designed to bring together the nation’s top financial services quality management professionals to discuss industry trends and best practices.

Mortgage Coach and Sales Boomerang accelerate lead conversion with personalized Total Cost Analysis loan presentations for every managed borrower

IRVINE, Calif., Nov. 2, 2021 (SEND2PRESS NEWSWIRE) — Mortgage Coach, the borrower conversion platform empowering mortgage lenders to deliver clear mortgage advice and lending education with the interactive Total Cost Analysis (TCA) loan comparison, today announced an integration with Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system.

SimpleNexus’ Mortgage Loan Compensation Report for Q3 2021 shows year-over-year decline in individual LO commission led by waning refi volume

LEHI, Utah, Nov. 2, 2021 (SEND2PRESS NEWSWIRE) — SimpleNexus, owner of the recently acquired LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry loan compensation in the third quarter of 2021.

FormFree integration with OpenClose enhances lending experience with quick and easy borrower-permissioned data verification

ATHENS, Ga., Nov. 1, 2021 (SEND2PRESS NEWSWIRE) — FormFree® Founder and CEO Brent Chandler today announced the availability of its AccountChek® financial data verification service within OpenClose®, the leading fintech provider of mortgage software solutions for banks, credit unions and mortgage lenders. The integration embeds AccountChek into OpenClose’s ConsumerAssist(tm) Enterprise POS and LenderAssist(tm) LOS, giving borrowers the freedom to electronically permission verification data with ease when applying for a mortgage loan.

Renaissance Capital Relocates Headquarters to Stamford, CT: Choyce Peterson Negotiates Long-Term Lease

NORWALK, Conn., Oct. 29, 2021 (SEND2PRESS NEWSWIRE) — Choyce Peterson, Inc. , a full-service commercial real estate brokerage, recently announced the successful conclusion of lease negotiations on behalf of Renaissance Capital, a global leader in providing pre-IPO institutional research and management of IPO-focused investment products, for a new 2,931 SF headquarters office at First Stamford Place.

Infinity Financial Group Aids Kinley Construction Group with Major Stakeholder Buyout

DALLAS, Texas, Oct. 27, 2021 (SEND2PRESS NEWSWIRE) — Infinity Financial Group announced its recent role as financial advisor to Kinley Construction Group, LTD. (KCG) during a majority purchase of its existing stakeholders. Jimmy Kinley, the newly-elected CEO of KCG, is now the firm’s primary equity partner, along with his sister, Katherine Kinley and Rennie and Josh Crisafulli.

Mortgage Coach and HomeBinder partner to engage homeowners in actively managing home financing across the homeownership lifecycle

IRVINE, Calif., Oct. 26, 2021 (SEND2PRESS NEWSWIRE) — Mortgage Coach, the mortgage industry’s leading platform enabling lenders to create digital and accurate home loan options for consumers, today announced an integration with HomeBinder, a centralized home management platform that keeps homeowners connected with mortgage lenders, Realtors and other authorized professionals.

Dawn Taylor, former President of Centricity, has joined After, Inc. as Chief Revenue Officer

NORWALK, Conn., Oct. 25, 2021 (SEND2PRESS NEWSWIRE) — After, Inc., the global leader in Warranty Services since 2005, just announced that Dawn Taylor will be joining the company as Chief Revenue Officer. Dawn brings more than 27 years of warranty and service contract experience, serving as President of Centricity for the last 9 years. Her background and experience will be instrumental in leading the expansion of After, Inc.’s Warranty Services business, and its newly launched QuickSuite Platform.

SimpleNexus recognized for a third year as one of Utah’s fastest-growing companies in three independent rankings

LEHI, Utah, Oct. 20, 2021 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, has been highlighted in three lists honoring 2021’s fastest-growing Utah companies: Utah Business magazine’s Fast 50, UtahValley360 BusinessQ magazine’s UV50 and MountainWest Capital Network’s Utah 100.

HomeBinder debuts new features that strengthen the relationship between homeowners, home professionals, mortgage lenders, insurance providers and other authorized partners

BOSTON, Mass., Oct. 18, 2021 (SEND2PRESS NEWSWIRE) — HomeBinder, a centralized home management platform that keeps homeowners connected with mortgage lenders, home inspectors, insurance providers, home pros, real estate agents, and other authorized professionals, today announced the release of new features and user interface (UI) improvements designed to enhance the home management experience.

Depth Public Relations marks 15-year milestone serving mortgage industry fintech innovators

ATLANTA, Ga., Oct. 18, 2021 (SEND2PRESS NEWSWIRE) — Depth Public Relations, Inc. (DepthPR), a leading provider of consultative marketing, public relations and reputation management services for mortgage fintech innovators, the residential finance industry and technology for emerging regulated markets (regtech) is celebrating the 15th anniversary of its launch during the Mortgage Bankers Association’s Annual Convention & Expo 2021 in San Diego.

Global DMS’ EVO® enhances efficiency and mobility with Amazon’s Alexa Voice Command Interface

LANSDALE, Pa., Oct. 18, 2021 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of cloud-based real estate appraisal management software, recently announced that its next-generation EVO platform is now voice-enabled, providing lenders access to key functionality and up to the minute information of their entire pipeline with Amazon’s Alexa voice control – making EVO the first and only appraisal management software to provide this capability in the mortgage industry.

FormFree selects Amazon Web Services (AWS) to power consumer financial identity solutions

ATHENS, Ga., Oct. 18, 2021 (SEND2PRESS NEWSWIRE) — FormFree® today announced it has selected Amazon Web Services, Inc. (AWS) to power FormFree’s consumer Financial DNA® solutions for the lender market. FormFree will leverage leading AWS technologies such as Amazon Managed Blockchain to create a scalable Hyperledger Fabric network.