Banking News - Page 13

NEW CANAAN, Conn., April 2, 2013 (SEND2PRESS NEWSWIRE) — Prevail Consulting, Inc., a leading insurance technology and services provider, and MFX, a leading provider of hosted IT applications and outsourcing solutions for the Property and Casualty insurance industry, today announced an agreement whereby MFX will provide the Prevail Reinsurance System as a component of MFX’s Integrated Insurance Platform, a comprehensive, on-demand, end-to-end solution suite for the Property and Casualty industry.

BOONTON, N.J., March 27, 2013 (SEND2PRESS NEWSWIRE) — The $35 billion U.S. private line services market is expected to decline one percent annually over the next five years, as the shift to packet-based services offsets demand for higher bandwidth private lines, says a market analysis study from Insight Research.

SALT LAKE CITY, Utah, March 26, 2013 (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, saw an unprecedented period of record month-over-month volume in 2012. In addition, the firm also experienced increased demand for its initial disclosure services.

SAN DIEGO, Calif., March 19, 2013 (SEND2PRESS NEWSWIRE) — After more than two years of leasing their La Quinta office, Bank of Southern California announced that they have acquired the space permanently from the FDIC. At the end of 2010, Bank of Southern California began leasing the space, as well as another location in Palm Springs, when it acquired the two branch offices from Palm Desert National Bank.

LANSDALE, Pa., March 6, 2013 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of Web-based compliant valuation management software, today announced the celebration of its tenth anniversary in business. The Global DMS name was officially formed in 2003 and the company has remained dedicated to the mortgage banking industry and appraisal management space since its inception.

LANSDALE, Pa., March 4, 2013 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of Web-based compliant valuation management software, and MortgageFlex Systems, an established technology provider of mortgage loan software, announced that its eTrac Enterprise platform is integrated with MortgageFlex’s loan origination system (LOS), LoanQuest. The integration is bi-directional and completely streamlines data exchange and facilitates ease of communication between the two platforms.

LANSDALE, Pa., Feb. 13, 2013 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of Web-based compliant valuation management software, announced that due to an uptick in the mortgage industry’s need for its suite of SaaS-based technology solutions, the company has experienced significant organizational growth. As a result, various measures have been taken to strategically manage ongoing growth and effectively support clients.

SAN DIEGO, Calif., Feb. 8, 2013 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that that Phil Rasori, the company’s COO and Head Trader, has earned a spot on National Mortgage Professional Magazine’s ‘Top 40 Most Influential Mortgage Professionals Under 40’ list for the third time.

DENVER, Colo., Feb. 5, 2012 (SEND2PRESS NEWSWIRE) — Titan Risk Management Services (TRMS), a division of mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan), is expanding its offerings to include development, management, monitoring, and support services for Service Provider Governance initiatives.

LANSDALE, Pa., Jan. 29, 2013 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of Web-based compliant valuation management software, announced that it recruited Jody Collup as vice president of marketing.

MOUNTAIN LAKES, N.J., Jan. 28, 2013 (SEND2PRESS NEWSWIRE) — The global telecommunications industry was not immune to economic forces in 2012 that slowed growth from earlier predictions, according to a new market analysis report from The Insight Research Corporation. Spending for wireline services contracted in 2012, while spending on wireless services grew modestly.

SAN DIEGO, Calif., Jan. 24, 2013 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that Kevin Miller has joined the company in the capacity of trading analyst.

SALT LAKE CITY, Utah, Jan. 23, 2013 (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, has added fulfillment audit services to its e-signature platform to meet Internal Revenue Service (IRS) audit requirements for all electronically signed 4506-T forms. The IRS began accepting electronic signatures on the form on Jan. 7.

LANSDALE, Pa., Jan. 23, 2013 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of Web-based compliant valuation management software, announced that it has integrated its valuation management software with LendingQB’s end-to-end, browser-based loan origination system (LOS). This integration is part of a major initiative to advance valuation compliance by tightly integrating the company’s eTrac platform with LOS vendors.

SAN DIEGO, Calif., Jan. 18, 2013 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that is has recruited Anthony Ianni as vice president of lender services.

FOOTHILL RANCH, Calif., and BOULDER, Colo., Jan. 14, 2013 (SEND2PRESS NEWSWIRE) — Quandis, Inc., a leading provider of default management technology solutions, and Adeptive Software, the developer of ResWare(TM), announced that they have with integrated Quandis’ interface to the government’s Public Access to Court Electronic Records (PACER) database for bankruptcy searches.

DENVER, Colo., Jan. 9, 2013 (SEND2PRESS NEWSWIRE) — Titan Capital Solutions, a wholly-owned correspondent lending subsidiary of mortgage outsource services provider Titan Lenders Corp., has hired Joel Veenstra, a 24-year financial services sales executive, to lead its burgeoning sales team as national sales director. In addition to his sales leadership duties, Veenstra will be responsible for driving Titan’s growth into agency product and a bulk purchasing program in 2013.

CLARKSVILLE, Md., Jan. 8, 2013 (SEND2PRESS NEWSWIRE) — Intelligent Fiscal Optimal Solutions (iFOS(R)) Managing Consultants, LLC is seeking applicants to serve as field reviewers in evaluating grant applications submitted to the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) for the fiscal year (FY) 2013 funding rounds of the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program).

AUSTIN, Texas, Jan. 4, 2013 (SEND2PRESS NEWSWIRE) — The Texas Mortgage Bankers Association (TMBA) today announced that its annual Southern Secondary Market Conference – dubbed ‘Connections Focused on Your Future’ – will be held at the Marriott Woodlands Waterway Hotel and Convention Center in Houston, Texas on February 12-14, 2013.

SAN DIEGO, Calif., Jan. 4, 2013 (SEND2PRESS NEWSWIRE) — Bank of Southern California, a locally owned community business bank, has been recognized as one of the top small business lenders among medium sized banks for the largest number and dollar volume of 7(a) loans in 2012 in the greater San Diego area according to the U.S. Small Business Administration.

SAN DIEGO, Calif., Jan. 3, 2013 (SEND2PRESS NEWSWIRE) — Bank of Southern California has announced that Marie Bruning has joined the bank as Vice President, Client Relationship Manager. She is responsible for business development and client relationship management for the company, and will be headquartered in the company’s corporate office in Del Mar.

KANSAS CITY, Mo., Dec. 27, 2012 (SEND2PRESS NEWSWIRE) — United Fidelity Funding Corp. (UFF), a national wholesale and retail mortgage banker, announced that it earned a spot on Mortgage Technology magazine’s 2012 Top 25 Tech-Savvy Lenders and Servicers list for the third time.

SAN DIEGO, Calif., Dec. 19, 2012 (SEND2PRESS NEWSWIRE) — Bank of Southern California announced today that Robert Marshall was appointed as Executive Vice President and Chief Credit Officer. In this role, Mr. Marshall will lead the Bank’s credit function, overseeing credit risk management, credit approval and credit analysis functions, and ensuring the overall quality of the Bank’s lending portfolio is maintained.

WASHINGTON, D.C., Dec. 12, 2012 (SEND2PRESS NEWSWIRE) — Ecologic Leasing Services announced today that the company has completed its first equipment financing transaction in the Republic of Zambia in Southern Africa.

LANSDALE, Pa., Dec. 10, 2012 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of Web-based compliant valuation management software, announced that it will be holding a free webinar on how to utilize technology to maintain an efficient valuation management process and full compliance throughout that process. The webinar will be held on December 12, 2012, at 2 p.m. Eastern Standard Time.

LANSDALE, Pa., Dec. 7, 2012 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of Web-based compliant valuation management software, announced that Patricia Rauch has joined the company in the position of chief operating officer.

CAMARILLO, Calif., Nov. 13, 2012 (SEND2PRESS NEWSWIRE) — AMT Datasouth Corporation (www.AMTdatasouth.com) is pleased to introduce its new Accel 7450 serial-dot-matrix (SDM) printer. The Accel 7450 features the latest technology in motors, drivers and electronics. The Accel 7450 is the successor to the very successful Accel 6300 and 7350 series printers. The Accel 7450 sets a new standard for best-in-class heavy-duty SDM printers.

SAN DIEGO, Calif., Nov. 6, 2012 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that its COO and Head Trader, Phil Rasori, will present on a panel session at the Independent Mortgage Bankers Conference on November 8 at the Fairmont Hotel in Dallas, Texas.

FOOTHILL RANCH, Calif., Nov. 2, 2012 (SEND2PRESS NEWSWIRE) — Quandis, Inc., a leading provider of default management technology solutions, announced that its client, Specialized Loan Servicing (SLS), a servicer of residential mortgage loans, has been designated a 2012 Top 25 Tech-Savvy Servicer by Mortgage Technology magazine.

DENVER, Colo., Nov. 1, 2012 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. has been awarded the coveted 2012 Fix-It Award from Source Media’s Mortgage Technology magazine. Titan Lenders Corp. was selected based upon its development of MinTrak(TM) a solution that enables servicers and MERS(R) Members to meet emerging MERS compliance requirements.

SALT LAKE CITY, Utah, Oct. 31, 2012 (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, took home the 2012 Lenders’ Choice Mortgage Technology Award at the 13th Annual Mortgage Technology Awards Ceremony on Sunday Oct. 21.

LANSDALE, Pa., Oct. 26, 2012 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of compliant Web-based valuation management software, announced that its client, United Fidelity Funding Corp. (UFF), earned a spot on Mortgage Technology magazine’s 2012 Top 25 Tech-Savvy Lenders and Servicers list. Global DMS’ Web-based appraisal management and valuation solution was cited as a key reason that UFF made the list.

CHICAGO, Ill., Oct. 22, 2012 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced at the 99th MBA Annual Convention and Exposition that they developed an integrated interface that connects loan origination systems (LOS) with its proprietary HALO (Hedging And Loan sales Optimization) platform(SM). The interface enables seamless pipeline and trade data exchange to occur automatically from any supported LOS to the HALO platform.

CHICAGO, Ill., Oct. 22, 2012 (SEND2PRESS NEWSWIRE) — Quandis, Inc., a leading provider of default management mortgage technology solutions, announced at the 99th MBA Annual Convention and Exposition that it released a Web-based skip trace application to locate individuals that are in default via a centralized platform. The solution can be utilized by mortgage companies to quickly locate, contact and personally engage with borrowers who are in distressed financial situations.

CHICAGO, Ill., Oct. 22, 2012 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of Web-based compliant valuation management software, announced at the 99th MBA Annual Convention and Exposition the official introduction of Global Unity, which seamlessly integrates its solution with leading loan origination systems (LOS). Global Unity provides lenders, banks and credit unions with 100 percent control over their entire collateral valuation process-with zero risk.

DENVER, Colo., Oct. 22, 2012 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) announced its entry into the correspondent channel with the creation of Titan Capital Solutions (TCS), a wholly-owned correspondent lending subsidiary. The announcement was made during the Mortgage Bankers Association’s 99th Annual Convention and Expo in Chicago.

DENVER, Colo., Oct. 10, 2012 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) has signed 24 new customers since August 2011, a 50 percent increase in new business gains over the same period last year. Titan’s lead offerings during the last 12 months include general fulfillment services, MERS QA audit services, warehouse QC services, Mortgage Access Program (MAP) and collateral retention services.

CLARKSVILLE, Md., Oct. 9, 2012 (SEND2PRESS NEWSWIRE) — iFOS, as an emerging leader in Federal financial solutions and technology, announced that the firm was awarded an Indefinite Delivery, Indefinite Quantity (IDIQ) base plus 4 option years contract award to support CDFI grant programs. This effort will require iFOS to recruit up to 100 field reviewers that can evaluate CDFI grant applications submitted from start-up organizations as well as large, national scale enterprises.

SALT LAKE CITY, Utah, Oct. 4, 2012 (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, announced it has been named a 2012 finalist for the Mortgage Technology Lenders’ Choice Award.

DENVER, Colo., Oct. 3, 2012 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) announced that Titan Capital Solutions’ President Deb Aydelotte will participate in a panel at the 9th Annual Women in Leadership event on Thursday, Oct. 4. The presentation, titled ‘On Transformation,’ will feature keynote speaker Claudine Schneider, a former member of the U.S. House of Representatives and an Emmy recipient for her work on the ABC News ‘Capital to Capital’ broadcast.