Banking News - Page 5

Page 5 of Banking News issued by the Send2Press® Newswire service.



Media Advisory: Reverse Mortgage Expert John Button Available to Comment on Reverse Mortgage Trends

ATLANTA, Ga., March 29, 2016 (SEND2PRESS NEWSWIRE) — Reverse mortgage expert John Button, president and CEO of San Diego, California-based software provider ReverseVision, is available for interviews in Atlanta on Tuesday, April 12, and Wednesday, April 13, 2016.

RedFin POS Launches SharkSwipe Mobile Transaction App for iOS and Android

DEERFIELD BEACH, Fla., March 29, 2016 (SEND2PRESS NEWSWIRE) — RedFin POS, a leading provider of secure payment applications and payment gateway solutions, has launched SharkSwipe: a mobile app that allows for mobile transactions utilizing the super-compact, Bluetooth MSR/Chip & PIN SharkSwipe device. The free app is available today by visiting the Apple iTunes App Store, or Google Play Store.

CMG Financial Automates its Entire Appraisal Process Using Global DMS’ eTrac Platform

LANSDALE, Pa., March 29, 2016 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of web-based compliant valuation management software, announced that CMG Financial (CMG), one of the nation’s leading lenders, has streamlined the management of its appraisal process from start to finish using Global DMS’ eTrac platform.

International Document Services, Inc. (IDS) Named to HousingWire 2016 HW TECH100

SALT LAKE CITY, Utah, March 24, 2016 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it was included in HousingWire magazine’s 2016 HW TECH100(TM) list. The company was recognized for its forthcoming eClosing integration with collaborative real estate technology provider and fellow TECH100 winner Pavaso, as well as its recent acquisition by automotive dealership software provider Reynolds and Reynolds.

Platinum Data Executive Craig Zielazny Named to Board of Advisors for Wittenberg University’s New Master of Science in Analytics Program

ALISO VIEJO, Calif., March 22, 2016 (SEND2PRESS NEWSWIRE) — Platinum Data Solutions, a provider of valuation data and analytics solutions, has announced that Craig Zielazny, the company’s senior vice president of valuation analytics, has been named to the Board of Advisors for Springfield, Ohio-based Wittenberg University’s new Master of Science in Analytics program. The Board of Advisors is charged with collaborating to create the department’s curricula and courses, and could include guest lecturing. The inaugural semester for Wittenberg University’s Master of Science in Analytics program begins in August 2016.

Titan Lenders Corp. Announces Acquisition by MetaSource LLC

DENVER, Colo., March 21, 2016 (SEND2PRESS NEWSWIRE) — Mortgage services expert Titan Lenders Corp. (Titan) announced it has been acquired by Utah-based MetaSource, LLC. Terms of the deal were not disclosed. MetaSource provides an array of technology-driven services and solutions, including business process outsourcing.

Mid America Mortgage Remains Largely Unchallenged in Bid for Defective TRID Mortgage Loans

ADDISON, Texas, March 16, 2016 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) remains one of few bidders on so-called TRID ‘defect’ loans, said Owner and Chief Executive Officer Jeff Bode. According to Bode, Mid America wins roughly 80 percent of its bids on the loans, which have been rejected for purchase by other investors due to TILA-RESPA Integrated Disclosure (TRID) infractions ranging from minor errors to more significant defects.

Alternative-Risk Financing Roundtable: ‘Creative Uses for Captives’ Moderated by EPIC’s Daniel Houston

SAN FRANCISCO, Calif. and ATLANTA, Ga., March 16, 2016 (SEND2PRESS NEWSWIRE) — In the world of risk management, captive insurers are taking on a major role for companies of all sizes. As the number and types of captive insurers are expanding, so too have the types of risks that captive owners are funding through these alternative-risk financing structures, says EPIC Insurance Brokers and Consultants.

Pavaso, SigniaDocs Complete Integration for Electronic Mortgage Closings

PLANO, Texas, March 15, 2016 (SEND2PRESS NEWSWIRE) — Pavaso, Inc., a provider of digital process and collaboration solutions for the real estate lifecycle and SigniaDocs, Inc., a provider of eMortgage platform technologies, announced the integration between their two platforms to facilitate an all-inclusive eClosing process.

Alpha Mortgage Launches Reverse Mortgage Channel, Selects ReverseVision Exchange (RVX) Loan Origination Software

SAN DIEGO, Calif., March 14, 2016 (SEND2PRESS NEWSWIRE) — ReverseVision is pleased to announce that Wilmington, N.C.-based Alpha Mortgage, a full-service mortgage lender serving the Carolinas and Virginia, has selected RV Exchange (RVX) as its reverse mortgage loan origination software (LOS) solution. Alpha Mortgage opened its reverse mortgage lending channel in early 2016 under the guidance of division manager and Certified Reverse Mortgage Professional Greg Gianoplus.

Jeff Birdsell of ReverseVision Named MBA Tech All-Star by Mortgage Banking Magazine

SAN DIEGO, Calif., March 8, 2016 (SEND2PRESS NEWSWIRE) — Mortgage Banking magazine announced today in its March issue that Jeff Birdsell, CMB and Vice President of professional services for ReverseVision, Inc., is a 2016 Mortgage Bankers Association (MBA) Tech All-Star. Birdsell is among just nine industry innovators who received the prestigious award, which celebrates leaders who have made outstanding long-term contributions to the field of mortgage technology.

ARMCO ACES 5.0 Targets TRID Pain Points

POMPANO BEACH, Fla., March 7, 2016 (SEND2PRESS NEWSWIRE) — Leading web-based financial services quality control (QC) software provider ACES Risk Management (ARMCO) announced the release of a major upgrade to its flagship QC software system ACES Web Audit Technology(TM) (ACES) to improve overall functionality, while supporting lenders and originators still struggling with TRID compliance.

Titan Offers Servicing Transfer Management Services to Mortgage Servicers

DENVER, Colo., March 7, 2016 (SEND2PRESS NEWSWIRE) — Mortgage services expert Titan Lenders Corp. (Titan) announced it is now offering Servicing Transfer Management services to mortgage servicers and sub-servicers engaging in the transfer of mortgage assets and mortgage servicing rights (MSRs).

Pavaso Named to HousingWire 2016 HW TECH100

PLANO, Texas, March 4, 2016 (SEND2PRESS NEWSWIRE) — Pavaso, a provider of collaborative real estate technology, announced it has been named to HousingWire magazine’s 2016 HW TECH100(TM) list. The magazine selected Pavaso for this honor for its ability to connect ‘all parties in the real estate lifecycle – consumers, REALTORS, lenders and investors – to participate in a unified process that transforms the consumer’s experience and meets the CFPB’s customer service expectations.’

Simplifile Included in HousingWire 2016 HW TECH100

PROVO, Utah, March 3, 2016 (SEND2PRESS NEWSWIRE) — Simplifile, a provider of collaborative technology for lenders, settlement agents and counties, announced it has been named to HousingWire magazine’s 2016 HW TECH100(TM) list. In its March issue, HousingWire noted Simplifile’s dominance of the e-recording space and the release of its Collaboration and Post Closing solutions for lenders and settlement agents as reasons for the company’s inclusion on this year’s list.

Mortgage Machine Services Makes HousingWire’s 2016 HW TECH100 List

ADDISON, Texas, March 3, 2016 (SEND2PRESS NEWSWIRE) — Mortgage Machine Services (MMS), a leading provider of enterprise lending solutions, announced it has been named to HousingWire magazine’s 2016 HW TECH100(TM) list. The firm was recognized for its recent integrations with fellow TECH100 winners NetDirector and DocMagic, as well as with DocMagic subsidiary eSign Systems.

ARMCO Announced as HW TECH100 Category Winner

POMPANO BEACH, Fla., March 3, 2016 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), a leading provider of web-based quality control software for the financial services industry, announced it has been included in the HousingWire HW TECH100(TM) list for the second year in a row. In addition, ARMCO received special recognition as the winner of the ‘Elegant Implementation’ category for its development of the ACES Analytics quality control (QC) benchmarking tool.

Platinum Data Named to HousingWire’s HW TECH100 for Third Consecutive Year

ALISO VIEJO, Calif., March 1, 2016 (SEND2PRESS NEWSWIRE) — Platinum Data Solutions, a provider of valuation data and analytics solutions, has been included on HousingWire’s HW TECH100(TM) list for the third year of the three year old awards program.

IDS Celebrates 30th Anniversary in 2016

SALT LAKE CITY, Utah, Feb. 25, 2016 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced the company will celebrate 30 years in business this year. The company plans to celebrate with various promotions and events throughout the year.

Pavaso’s Vice President of Partner Strategies and Government Affairs Elected to Co-Chair MISMO Workgroup

PLANO, Texas, Feb. 25, 2016 (SEND2PRESS NEWSWIRE) — Nancy G. Pratt, vice president of Partner Strategies and Government Affairs at real estate technology company Pavaso, was elected to serve as co-chair of the Mortgage Industry Standards Maintenance Organization (MISMO) eMortgage Workgroup at the organization’s Winter Summit in January.

Wattcoin Technologies New Energy Start-Up

SAN FRANCISCO, Calif., Feb. 18, 2016 (SEND2PRESS NEWSWIRE) — Wattcoin(TM) Technologies Inc., a platform-as-a-service solution for energy companies to manage their customer’s billing processes, energy savings and renewable energy investments, opens office in San Francisco, California.

Mid America Mortgage Hires Four Account Executives to Serve California, New Hampshire, Tennessee, Midwest

ADDISON, Texas, Feb. 17, 2016 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has hired four new account executives in its wholesale and correspondent lending division.

Take Action: Interest Free Money is Every U.S. Citizen’s Constitutional Right

SPRINGFIELD, Ill., Feb. 17, 2016 (SEND2PRESS NEWSWIRE) — Website author and creator, Michael Piontkowski, also known as Piont, recently launched the Interest Free Banking website to get the word out on how every U.S. citizen can convert all their debt-interest money loans into zero percent, interest-free money loans.

Bank of Southern California Announces Senior Vice President Promotions

SAN DIEGO, Calif., Feb. 17, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced the promotion of Marie Crivello and Debbie Marshall to Senior Vice President. Ms. Crivello joined Bank of Southern California in 2012 as Vice President, Client Relationship Manager. She has over 16 years of banking and client relationship management experience. Ms. Marshall joined the bank in 2011 as Vice President, Deposit Operations, bringing over 30 years of banking, compliance, and risk management experience to the bank.

DocMagic Unveils New Premium Rep and Warrant Offering Guaranteed TRID Compliance up to $5 Million

TORRANCE, Calif., Feb. 16, 2016 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, today announced the development of an extensive set of new reps and warrants for its calculations, documents and data, which provides peace of mind to lenders when it comes to compliance with the TRID rule.

Generate Secure Payment Link and Have Monies Direct Deposited Into Your Bank

DEERFIELD BEACH, Fla., Feb. 11, 2016 (SEND2PRESS NEWSWIRE) — RedFin today announced the launch of a web-based electronic bill payment and presentment (EBPP) platform to its payment gateway. The new platform allows merchants to generate and email secure payment links to customers who can then make payments through a secure payment form and/or make donations online. When done, vendors will receive direct deposit of funds into their bank.

EPIC adds Loss Control Consultant Joshua Allen, CSP, CFPS

SAN FRANCISCO, Calif., Feb. 10, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that risk control professional Joshua Allen has joined the firm as West Region Risk Management Loss Control Specialist. In this role, Allen will be responsible for providing comprehensive safety management and loss control services to EPIC’s larger, more complex ‘risk management’ clients.

CCMC Inc. Announces New Senior Vice President

ALTAMONTE SPRINGS, Fla., Feb. 4, 2016 (SEND2PRESS NEWSWIRE) — CCMC, the leading provider of financial technology integration solutions, announced the appointment of Steven Giannotti as Senior Vice President. Steve will report to President and Chief Executive Officer, Gene Lederer.

New Study Identifies Companies Most Impacted by New FASB and IFRS Lease Accounting Rules

GREAT FALLS, Va., Jan. 26, 2016 (SEND2PRESS NEWSWIRE) — LeaseAccelerator, the leader in Equipment Lease Management software, published today a report listing the off-balance sheet lease obligations of the 500 largest U.S. public companies. The report, entitled “Who is Most Impacted by the New Lease Accounting Standards?” aims to provide greater awareness of the potential impact of the new lease accounting standards.

Titan Offers Trade Transaction Management Services to Mortgage Investors

DENVER, Colo., Jan. 19, 2016 (SEND2PRESS NEWSWIRE) — Mortgage services expert Titan Lenders Corp. (Titan) announced it is now offering Trade Transaction Management Services to investors looking to acquire mortgage assets. Through these services, Titan facilitates the administrative tasks and logistical management of acquiring a loan pool. Using its comprehensive mortgage process and compliance foundation, Titan works in collaboration with investors to provide a deeper understanding of the risks the investor is potentially acquiring.

LeaseAccelerator to Host Webinar on Spend Management for Equipment Leases

GREAT FALLS, Va., Jan. 19, 2016 (SEND2PRESS NEWSWIRE) — LeaseAccelerator, the leader in Equipment Lease Management Software, announced today that it will host a webinar on Spend Management for Equipment Leases. Drawing upon case studies from Fortune 500 companies, LeaseAccelerator will outline how savings of 6-8 percent can be achieved on leases in categories ranging from transportation and material handling to IT and office equipment.

Debora Aydelotte Joins Altavera Mortgage Services as Chief Operating Officer

DENVER, Colo., Jan. 11, 2016 (SEND2PRESS NEWSWIRE) — Altavera Mortgage Services, LLC (Altavera), the nation’s premier provider of third-party residential mortgage origination services, announced the addition of Debora Aydelotte to Altavera’s executive team. Aydelotte brings more than 25 years’ experience in business line development, risk management and operational expansion and improvement to Altavera, where she will serve as chief operating officer.

Kara Lamphere Returns to Mid America Mortgage to Manage Correspondent Lending Operations, TRID Scratch and Dent Procurement

ADDISON, Texas, Jan. 8, 2016 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced it has rehired former employee Kara Lamphere as director of correspondent lending to manage both its correspondent lending operations and compliance program, as well as to oversee the firm’s purchases of investor-rejected TRID loans.

Paragon BioTeck to Attend 34th Annual J.P. Morgan Healthcare Conference

PORTLAND, Ore., Jan. 7, 2016 (SEND2PRESS NEWSWIRE) — Paragon BioTeck, Inc., a privately held pharmaceutical and medical device company, will sponsor a special reception during the J.P. Morgan 2016 Healthcare Conference, being held in San Francisco, January 11-14. The conference, which is now in its 34th year, is an invitation-only event intended to create an environment of collaboration by bringing together stakeholders in the corporate, investor and financial sectors to learn about and explore market and sector trends.

Bank of Southern California Announces Ticker Symbol Change to BCAL

SAN DIEGO, Calif., Jan. 7, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), announced today that FINRA has approved a change in the Company’s stock symbol. As of Monday, December 21, 2015 the new trading symbol for Bank of Southern California is BCAL. The former symbol, FBBN is no longer valid.

The Mortgage Collaborative Adds Sixteen New Lender Members

SAN DIEGO, Calif., Jan. 5, 2016 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the addition of sixteen new lenders to their national network of originating members, announced the Collaborative’s EVP of National Sales and Strategic Alliances, Rich Swerbinsky.

Mid America Mortgage Seeks TRID Scratch and Dent Mortgage Loans for Potential Purchase

ADDISON, Texas, Dec. 22, 2015 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm’s interest in purchasing Scratch and Dent loans with TILA-RESPA Integrated Disclosure (TRID) infractions, even if a previous investor has rejected the loan for purchase.

ReverseVision Offers Lenders and REALTORS a Reverse Mortgage Education Track at Jan. 2016 User Conference in San Diego

SAN DIEGO, Calif., Dec. 21, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. today announced that mortgage lenders, bankers and REALTORS(R) interested in learning why offering reverse mortgages in their lending portfolio allows them to better serve consumers are invited to attend a ‘Reverse Mortgage Facts’ track at its inaugural User Conference 2016 in San Diego January 20 – 22 at the Sheraton San Diego Hoteland Marina.

Mid America Mortgage Offers Marketing Tools to Partners through Mid America Concierge Service

ADDISON, Texas, Dec. 9, 2015 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has developed Mid America Concierge, an online marketing support portal for its strategic business partners, including real estate agents and brokers.

Texas A&M University-Commerce Leverages Multiple Regent Education Products to Serve Entire Population

COMMERCE, Texas, Dec. 8, 2015 (SEND2PRESS NEWSWIRE) — Texas A and M University-Commerce has expanded the use of Regent Education’s financial aid management solution, Regent 8, to support the administration of financial aid for its entire population. In addition, it has added Regent’s SNAP product to its solution set to automate the financial aid application process for students who are not eligible for federal financial aid but are eligible for state-funded programs.