Finance News

SAN FRANCISCO, Calif. and ATLANTA, Ga., Sept. 26, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Vice President Pete Smith and Benefits Strategy consultant Suzannah Gill will present at “Protect Your Business in 2017,” an employment law seminar that EPIC is both sponsoring and co-hosting. The event will take place on Wednesday, Sept. 28 from 8:30 a.m. to 1 p.m. at The 1818 Club in Duluth, Georgia.

HOLLYWOOD, Fla., Sept. 24, 2016 (SEND2PRESS NEWSWIRE) — Sunshine Capital, Inc. (Pink Sheets: SCNP) today announced that it has appointed venture capitalist and stock market magnate Adam T. Petty as the new president and CEO of both Sunshine Capital and DIB Funding to help execute the acquisitions of profitable private companies using the newly created DIBCOIN as currency.

HOLLYWOOD, Fla., Sept. 23, 2016 (SEND2PRESS NEWSWIRE) — Sunshine Capital, Inc. (Pink Sheets: SCNP / OTC:SCNP) today announced that The Board of Directors has approved the first ever dividend of a cryptocurrency coin, DIBCOIN to its shareholders.

SALT LAKE CITY, Utah, Sept. 23, 2016 (SEND2PRESS NEWSWIRE) — MetaSource, the leading provider of mortgage quality control (QC), risk management, and workflow automation solutions, announced it has launched Mortgage.MetaSource.com, a new, integrated web site for its suite of mortgage-related products and services.

BIRMINGHAM, Ala. and LONDON, U.K., Sept. 22, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Wilson Long of the firm’s Birmingham-based National Energy Construction Practice is one of only 35 young insurance and risk management professionals from the U.S. and Canada selected to participate in the 2016 Andrew Beazley Broker Academy in London.

ATLANTA, Ga. and LONDON, U.K., Sept. 21, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Risk Management Consultant Thompson (Tom) Mackey is one of 35 young insurance and risk management professionals from the U.S. and Canada selected to participate in the 2016 Andrew Beazley Broker Academy in London, England.

SAN DIEGO, Calif., Sept. 20, 2016 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced that it has earned a spot on the Inc. 5000 list for the sixth straight year. MCT had a three-year growth rate of 62 percent and annual revenue of $11.4 million for 2015.

DENVER, Colo., Sept. 19, 2016 (SEND2PRESS NEWSWIRE) — Altavera Mortgage Services (Altavera), the premier provider of third-party residential mortgage origination and closed loan review services, announced today that it has been named a preferred provider for Capital Markets Cooperative, LLC (CMC), a nationwide alliance of mortgage bankers.

KIRKLAND, Wash., Sept. 19, 2016 (SEND2PRESS NEWSWIRE) — As the cost of long-term care (LTC) continues to rise, the ability to pay for it becomes more critical. But LTC protection is carried by only about 10 percent of those who could benefit from it, according to industry estimates. To serve a larger percentage, ACSIA Partners is expanding its asset-based LTC offerings by representing an A+ rated insurance and financial service organization, OneAmerica(R).

HOLLYWOOD, Fla., Sept. 16, 2016 (SEND2PRESS NEWSWIRE) — Sunshine Capital, Inc. (Pink Sheets: SCNP / OTC:SCNP) today announced that DIB Funding, Inc. has created the cryptocurrency known as “DIBCOIN” and will hold these DIBCOINs in Sunshine Capital Inc.’s portfolio. DIBCOIN will be used to acquire not only profitable private companies, but all assets used by the company. Sunshine’s use of DIBCOIN eliminates any debt or dilution to the existing shareholders.

LANSDALE, Pa., Sept. 15, 2016 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of web-based compliant valuation management software, announced that its vice president of marketing, Jody Collup, has again been designated to the MReport’s 2016 “Leading Ladies” in Mortgage and Housing list.

SAN FRANCISCO, Calif., Sept. 15, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Director of Retirement Rob Massa, Benefits Strategy Consultant Suzannah Gill and Principal Rosemary Manning Hughes will present at the 35th Annual ISCEBS Employee Benefits Symposium at the Hilton Baltimore.

SAN DIEGO, Calif., Sept. 14, 2016 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced it will host its second annual user conference Feb. 8-10, 2017, at the Hilton San Diego Resort and Spa in San Diego, Calif. ReverseVision UserCon 2017 will deliver three days of educational programming, financial product sales training, networking opportunities and vendor exhibits tailored for industry newcomers as well as seasoned reverse mortgage loan originators and operations personnel.

SAN FRANCISCO, Calif., Sept. 13, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Jim Hughes has joined the firm as a vice president and the Managing Consultant of Loss Control Services in their National Construction Specialty Group.

PHOENIX, Ariz., Sept. 12, 2016 (SEND2PRESS NEWSWIRE) — In September, the Department of Veterans Affairs (VA) launched its Be There campaign on its website to educate Veterans, Service members and those who care about them, of the vital role they play in preventing suicide. The campaign aims to raise awareness about behavioral health issues concerning our nation’s Veterans, and encourages loved ones to Be There.

SAN FRANCISCO, Calif., Sept. 8, 2016 (SEND2PRESS NEWSWIRE) — Roostify, a provider of automated mortgage transaction technology, today announced that the company has joined the Preferred Partner Network for The Mortgage Collaborative, an independent mortgage lending network of small, mid-sized and community-based lenders, in order to provide network members with access to Roostify’s mortgage technology platform.

ADDISON, Texas, Sept. 8, 2016 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode today announced the firm will begin purchasing delinquent FHA loans as part of its whole loan purchase program. To be eligible for purchase, loans must have an active mortgage insurance certificate, and the original terms of the note must remain unmodified.

SAN FRANCISCO, Calif., and BIRMINGHAM, Ala., Sept. 8, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Insurance Business America (IBA) has named Principal Wilson Long (Birmingham, Ala.) and Team Leader Zohreh Talebzadeh (San Francisco, Calif.) among their “Young Guns” of 2016.

PROVO, Utah, Sept. 7, 2016 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced Vice President of Strategic Planning Nancy Alley has been recognized in the “Corporate Visionaries” category in the 2016 “Mortgage WOMEN in Technology” award from Mortgage WOMEN Magazine.

SAN DIEGO, Calif., Sept. 7, 2016 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), an industry leading hedge advisor and developer of MCTlive!(TM), the award-winning secondary marketing software suite, has entered into a strategic collaboration with Fannie Mae(R) to facilitate new technology deployment, collaborative planning, and better service to mutual clients.

SAN DIEGO, Calif., Sept. 6, 2016 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Jamie Hopkins, Esq., MBA, LLM, CLU(R), RICP(R), has joined its board of directors. A noted expert and frequent speaker on matters of financial planning and retirement income, Hopkins is also a distinguished professor who has educated thousands of financial services professionals over the course of his career.

POMPANO BEACH, Fla., Sept. 6, 2016 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced it has released its ARMCO Mortgage QC Industry Trends report, covering the first quarter of 2016. Using the Fannie Mae loan defect taxonomy, the report details the analysis of post-closing quality control data from loan files and findings captured by the ACES Analytics benchmarking system.

SALT LAKE CITY, Utah, Sept. 6, 2016 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services (IDS), a division of The Reynolds and Reynolds Company, today announced its acquisition of Encomia, an established provider of electronic mortgage (eMortgage) solutions to depository and non-depository lending institutions

SAN FRANCISCO, Calif. and HOUSTON, Texas, Sept. 1, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Employee Benefit Adviser (EBA) has named Director of Retirement Rob Massa the “Retirement Advisor of the Year” and Senior Wellness Consultant Craig Schmidt the “Wellness Advisor of the Year” in the publication’s 2016 Employee Benefit Advisers of the Year Awards.

SALT LAKE CITY, Utah, Aug. 31, 2016 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has hired Vince Wilson as compliance officer and assistant in-house counsel. In this role, Wilson will be responsible for maintaining both federal and state compliance matrices and implementing changes to IDS compliance audits based on new laws and regulations.

CENTENNIAL, Colo., Aug. 31, 2016 (SEND2PRESS NEWSWIRE) — On August 29, 2016. Redstone Bank made a generous donation of $50,000 to the Whiz Kids Program. The Whiz Kids program is an individualized tutoring program that has over 800 volunteers who tutor less fortunate students from schools throughout the Denver Metropolitan Area.

SAN FRANCISCO, Calif. and NEW YORK, N.Y., Aug. 31, 2016 (SEND2PRESS NEWSWIRE) — Inc. magazine recently ranked EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, NO. 2288 on its 35th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. To earn this recognition, EPIC posted a solid 158 percent increase in annual revenue between 2012 and 2015.

PROVO, Utah, Aug. 30, 2016 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced the addition of five county recording offices across California, New Mexico, and Washington to its e-recording network, the nation’s largest.

SAN DIEGO, Calif., Aug. 30, 2016 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a recognized leader in mortgage risk management providing pipeline hedging, best-execution loan sales, and centralized lock desk services, announced that it has been named Best Places to Work by the San Diego Business Journal (SDBJ) for the fifth straight year.

CORPUS CHRISTI, Texas, Aug. 29, 2016 (SEND2PRESS NEWSWIRE) — RSI & Associates, Inc. is excited to announce that its senior analyst/appraiser, Gerald W. Brown, Sr., recently added an important accreditation to his already impressive roster of professional credentials – Master Analyst in Financial Forensics (MAFF) with a specialization in business valuation for litigation.

KIRKLAND, Wash., Aug. 29, 2016 (SEND2PRESS NEWSWIRE) — Many Americans realize they need long-term care insurance, but balk at the premiums. “Now there’s an easy way to pay,” says Denise Gott, CEO of ACSIA Partners. “Just use some of the money that’s already in your Health Savings Account.”

SAN DIEGO, Calif., Aug. 29, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) has been recognized as a top small business lender in San Diego County based on the volume of SBA 7(a) loans originated according to the San Diego District Office of the U.S. Small Business Administration’s fiscal year-end lender rankings as of July 31, 2016.

SAN DIEGO, Calif., Aug. 26, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL) has completed the purchase of the deposits of the La Quinta branch of Opus Bank. The transaction closed on Friday, August 19, 2016. Customers of the Opus Bank La Quinta branch were consolidated into the existing La Quinta branch of Bank of Southern California. As of Monday, August 22, 2016, the former Opus Bank La Quinta customers now have access to all Bank of Southern California locations, including three Coachella Valley branches located in La Quinta, El Paseo-Palm Desert, and Rancho Mirage.

ATLANTA, Ga., Aug. 25, 2016 (SEND2PRESS NEWSWIRE) — FormFree Holdings Corp. (FormFree), a provider of automated verification software, today announced that Mortgage Financial Services has selected AccountChek(TM) to automate borrower asset review for an easier, faster home loan application process.

ADDISON, Texas, Aug. 25, 2016 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode today announced it will purchase eNotes for loans closed electronically from approved sellers through its correspondent lending channel.

SAN FRANCISCO, Calif. and NEW YORK, N.Y., Aug. 25, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Vincent G. Caracciolo has joined the firm as National Managing Director of Claims and Coverage Advocacy.

PHOENIX, Ariz., Aug. 25, 2016 (SEND2PRESS NEWSWIRE) — PsychArmor Institute and TriWest Healthcare Alliance announced today the launch of the TriWest Healthcare Alliance School for Health Care Providers, a suite of free online courses taught by nationally-recognized subject matter experts to prepare community health care providers to effectively deliver care to service members, veterans and their families.

SAN FRANCISCO, Calif., and NEW YORK, N.Y., Aug. 25, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Michael Klaschka, a specialist in the placement of professional liability insurance for the financial services and technology industries, has joined the firm’s Financial Risk Solutions Practice.

SAN DIEGO, Calif., Aug. 23, 2016 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, announced it has completed its integration with Informative Research, one of the nation’s oldest and largest credit reporting agencies. The integration makes it faster and easier for users of RV Exchange (RVX) loan origination software (LOS) to order Premier Credit Report, Informative Research’s version of the tri-merge credit report that has become the mortgage industry standard.

PROVO, Utah, Aug. 23, 2016 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced it has added nine Southeast county recording offices and 14 Midwest county recording offices to its e-recording network. The new counties are located in Georgia, Florida, Illinois, Michigan, Missouri, North Carolina, Nebraska, Ohio, Tennessee, and Wisconsin.

POMPANO BEACH, Fla., Aug. 22, 2016 (SEND2PRESS NEWSWIRE) — Leading web-based financial services quality control (QC) software provider ACES Risk Management (ARMCO) announced it has made improvements to its TRIDCompare(R) tool to aid lenders in resolving TRID compliance issues regarding change of circumstance. Using Optical Character Recognition (OCR) technology with a 95 percent or better accuracy rate, the system automatically detects data discrepancies between multiple Loan Estimates (LEs) and Closing Disclosures (CDs).

SAN FRANCISCO, Calif., and BIRMINGHAM, Ala., Aug. 22, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that risk management and insurance professional Jim Williford has joined the firm’s National Energy Construction Practice as a Business Development Manager.

SALT LAKE CITY, Utah, Aug. 18, 2016 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has introduced a fulfillment dashboard to its flagship mortgage document preparation system idsDoc. Through the dashboard, users have the ability to view, track and manage all document fulfillment requests to IDS through a single location.

DENVER, Colo., Aug. 17, 2016 (SEND2PRESS NEWSWIRE) — Altavera Mortgage Services (Altavera), a leading provider of outsourced residential mortgage origination services and home of the industry’s most experienced staff of U.S.-based mortgage fulfillment experts, announced today it has hired Kimberly Joyce as senior vice president of sales. Kimberly brings 22 years of sales and business development experience to the role, in which she will oversee national sales for Altavera.

POMPANO BEACH, Fla., Aug. 16, 2016 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced it has hired Dan Thoms as Chief Revenue Officer. Thoms possesses a deep background in the mortgage industry, having served in executive capacities for almost 20 years.

SAN DIEGO, Calif., Aug. 11, 2016 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, is pleased to announce that Tustin, California-based national mortgage lender New American Funding is expanding its reverse mortgage lending operation to 47 states using the RV Exchange (RVX) loan origination software (LOS).

SAN DIEGO, Calif., Aug. 9, 2016 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the formal approval of twelve new preferred partner companies to their national network, announced the Collaborative’s EVP of National Sales & Strategic Alliances, Rich Swerbinsky.

ALISO VIEJO, Calif., Aug. 8, 2016 (SEND2PRESS NEWSWIRE) — Platinum Data Solutions, a provider of valuation data and analytics solutions for the mortgage industry, has announced that Nations Valuation Services, a nationwide appraisal management company, has quantifiably improved its workflow processes by implementing Platinum Data’s Collateral Expert(R) property information report.

ADDISON, Texas, Aug. 2, 2016 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode today announced the firm has completed its first eClosing and eNote through its retail origination channel. Mid America intends to expand eClosing to all of its retail business, executing eNotes and utilizing electronic documents where allowed by local jurisdiction.

DENVER, Colo., Aug. 1, 2016 (SEND2PRESS NEWSWIRE) — Altavera Mortgage Services (Altavera), the premier provider of third-party residential mortgage origination services, is pleased to announce that its senior vice president of mortgage operations Penny Nelson has been named to HousingWire’s 2016 Women of Influence list.

SAN FRANCISCO, Calif. and PETALUMA, Calif., Aug. 1, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants (EPIC), a retail property, casualty insurance brokerage and employee benefits consultant, announced today the sale of their Petaluma branch office and its book of business to Sacramento-based InterWest Insurance Services. Both EPIC and InterWest are anticipating a seamless, “business as usual” transition.

PROVO, Utah, Aug. 1, 2016 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that Nancy Alley, vice president of strategic planning, was named to HousingWire magazine’s “Women of Influence” list for 2016.

PLANO, Texas, Aug. 1, 2016 (SEND2PRESS NEWSWIRE) — Pavaso, a provider of collaborative real estate technology, announced Nancy Pratt, the company’s vice president of partner relations and government affairs, has been named to the 2016 “Women of Influence” list compiled by HousingWire. Pratt was one of 43 women to be honored with this distinction this year, which was published in the August 2016 issue of the magazine.

WEST PALM BEACH, Fla., July 26, 2016 (SEND2PRESS NEWSWIRE) — OpenClose(R), an enterprise-class multi-channel loan origination system (LOS) provider, announced that Colony American Finance (CAF), a specialty finance company that provides innovative loan products to residential real estate investors, implemented the OpenClose loan origination platform to support its new Single Asset loan product across correspondent, wholesale and retail channels.

PROVO, Utah, July 26, 2016 (SEND2PRESS NEWSWIRE) — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today released quarterly figures summarizing the organization’s activities and achievements from April through June 2016.

ALISO VIEJO, Calif., July 25, 2016 (SEND2PRESS NEWSWIRE) — Platinum Data Solutions, a provider of valuation data and analytics solutions for the mortgage industry, announced an enhanced integration with Ellie Mae’s Encompass(R) all-in-one mortgage management solution. The enhanced integration allows lenders to order Platinum Data’s RealView(R) appraisal quality reports by submitting appraisal data in MISMO XML format directly through Encompass, to drive quality and efficiency in the loan origination process.

SAN FRANCISCO, Calif., July 21, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Senior Vice President of Enterprise Risk Management and Principal Daniel Houston will present at American Gas Association’s (AGA) Risk Management Committee Meeting on Monday, July 25 at 2:45 p.m. at the Aloft Boston Seaport in Boston, Mass.

SAN FRANCISCO, Calif., July 21, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers & Consultants (EPIC), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Will Ogilvie has joined the firm’s southwest regional office. He will be based in Houston and report to Brett Haugh, Managing Principal, Southwest Region.

SAN DIEGO, Calif., July 20, 2016 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, has hired industry educator Dan Hultquist as director of learning and development. In this role, Hultquist will apply his experience in originating loans and working with retirement advisors to help ReverseVision bring a range of products, financial tools and educational techniques to the industry, ultimately driving volume growth.

SAN DIEGO, Calif., July 20, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has provided $5 million in financing as senior lender in part of a larger financing arrangement for OWB Real Estate Holdings, LLC. The financing was a combination of bank borrowing, and loans secured through the Federally backed New Market Tax Credit program. The financing provided funds used for the acquisition of land, improvements, and equipment of a shuttered beef slaughter and processing plant in Brawley, Calif., formerly operated by National Beef.