Banking News - Page 6

Page 6 of Banking News issued by the Send2Press® Newswire service.



Mid America Mortgage Hires John Rhode as Account Executive for Wholesale, Correspondent Division

ADDISON, Texas, Oct. 9, 2015 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) owner and Chief Executive Officer Jeff Bode announced John Rhode has joined the company as an account executive in the wholesale and correspondent lending division. Rhode brings 24 years of wholesale lending experience to Mid America and will be focused on the metro-Chicago area and surrounding markets.

ACG Central Texas signs Memorandum of Understanding with The Texas Military Officers Association

AUSTIN, Texas, Oct. 6, 2015 (SEND2PRESS NEWSWIRE) — The Central Texas Chapter of the Association for Corporate Growth(R), the global organization focused on driving middle-market growth, signed a Memorandum of Understanding with the Texas Military Officers Association, in an effort to actively expose the two organizations to each other’s membership, foster integration, and promote joint programs.

Pavaso Offers Free Public Beta of IDMAXX Identity Validation, Character Reference Tool for Mortgage/Real Estate eClosing

PLANO, Texas, Oct. 2, 2015 (SEND2PRESS NEWSWIRE) — Pavaso, a provider of electronic collaborative technology for the real estate lifecycle, announced the availability of IDMAXX(SM), an identity validation/character reference tool that further enhances their end-to-end digital real estate process. The tool is currently in beta and being offered to users free of charge until the end of 2015.

DocMagic Selected by PHH Mortgage to Further Enhance its Compliance Capabilities

TORRANCE, Calif., Oct. 1, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that PHH Mortgage (PHH), one of the largest providers of residential mortgages in the United States, has signed a multi-year license agreement to use its expansive set of products to help ensure compliance with the TILA-RESPA Integrated Disclosure (TRID) rule.

Arkansas Mutual garners A (Excellent) rating

LITTLE ROCK, Ark., Sept. 30, 2015 (SEND2PRESS NEWSWIRE) — Arkansas Mutual Insurance Company, a medical professional liability insurer, has gained an ‘A’ rating from AM Best. AM Best is an issuer of financial strength ratings for insurers, reinsurers, captives and other risk-bearing entities. In August, Arkansas Mutual joined the Constellation family of companies.

MCT Trading Taps Secondary Marketing Expert Paul Yarbrough to Oversee Client On-Boarding and Technology Implementations

SAN DIEGO, Calif., Sept. 29, 2015 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized industry leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced that it hired Paul Yarbrough to manage new client on-boarding, its secondary marketing technology, and solution training.

Global DMS Appoints Mac Chiles Executive Vice President of Sales

LANSDALE, Pa., Sept. 29, 2015 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of web-based compliant valuation management software, announced that it has hired Mac Chiles as executive vice president of sales. In this role, he will be responsible for managing the company’s sales and business development functions for its eTrac(R) Enterprise valuation management platform and ancillary solutions.

Mid America Mortgage, DocMagic and eSignSystems Partner to Enable End-to-End eMortgages

TORRANCE, Calif., Sept. 22, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that Mid America Mortgage, Inc. will utilize DocMagic’s SaaS-based compliance and mortgage loan document engine together with the on-premise solutions of DocMagic’s recently acquired eSignSystems patented eSigning, eNotary, eVaulting, eRegistration and eRetention solutions.

Empaxis, Specialists in Back-Office Outsourcing for Investment Management Firms, Opens London Office and Appoints European Director

LOS ANGELES, Calif., Sept. 15, 2015 (SEND2PRESS NEWSWIRE) — Empaxis Data Management, experts in middle and back-office outsourcing for investment management firms, recently announced expansion into the European market. Empaxis has opened an office in London and has launched Empaxis Europe Limited.

LeaseAccelerator Achieves SAP Certification for Integration as Powered by SAP NetWeaver

GREAT FALLS, Va., Sept. 15, 2015 (SEND2PRESS NEWSWIRE) — LeaseAccelerator Inc., the market-leader in Equipment Lease Management (ELM) software, today announced that its LeaseAccelerator(R) software-as-a-service (SaaS) solution has attained SAP-certification with SAP’s ERP platform as powered by the SAP NetWeaver(R) platform. LeaseAccelerator(R) has been proven to integrate with SAP(R) solutions, offering the most advanced capital lease accounting capabilities available to equipment lessees.

Quandis Military Search Technology Addresses the New Military Lending Act (MLA) Rule for Compliance that Takes Effect on Oct. 1

FOOTHILL RANCH, Calif., Sept. 15, 2015 (SEND2PRESS NEWSWIRE) — Quandis, Inc., a leading provider of default management technology solutions, announced that it has extended its Military Search Service to locate active duty military personnel in other facets of consumer lending for compliance adherence.

Tom Welch and Tammy DeWitt Join Bank of Southern California

SAN DIEGO, Calif., Sept. 15, 2015 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTCQB:FBBN / OTCMKTS:FBBN) welcomes Tom Welch as Senior Vice President, SBA Department Manager and Tammy DeWitt as Vice President, SBA Loan Underwriting Manager to its seasoned team of Southern California bankers. Both Mr. Welch and Ms. Dewitt have been in the banking industry for 37 years and both have over 27 years of SBA and conventional lending and relationship management experience.

EPIC adds Jeff Connelly to Greyling Insurance Brokers Division

SAN FRANCISCO, Calif., Sept. 8, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Jeff Connelly has joined as senior vice president/client executive in EPIC’s Greyling Insurance Brokers Division. He will be based in the firm’s St. Louis, Mo. office.

Bank of Southern California Announces Coachella Valley Advisory Board

PALM DESERT, Calif., Sept. 3, 2015 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTCQB:FBBN / OTCMKTS:FBBN) announced the creation of its Coachella Valley Advisory Board. This board is comprised of prominent members of the business community in the Desert Cities region who will help increase the bank’s presence and market awareness while providing valuable input to better understand the business needs in the Coachella Valley.

IDS, LendingQB Integration Creates Seamless Mortgage Origination Environment for Private Bank of Buckhead

SALT LAKE CITY, Utah, Sept. 3, 2015 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced Atlanta-based Private Bank of Buckhead has implemented the IDS “lights out” integration with LendingQB, an end-to-end loan origination system (LOS) provider whose platform includes the industry’s leading universal decision engine.

ARMCO Launches TRID Mortgage Data Compare Tool

POMPANO BEACH, Fla., Sept. 2, 2015 (SEND2PRESS NEWSWIRE) — Leading web-based financial services quality control software provider ACES Risk Management (ARMCO) announced the release of TRIDCompare(TM), a data compare tool designed specifically for the new TILA-RESPA Integrated Disclosure (TRID). TRIDCompare is a component of the Automated Data Compare (ADC) solution suite within the ACES Web Audit Technology(TM) platform.

ReverseVision Spotlights Directors Mortgage for HECM Reverse Mortgage Origination to Portland, Oregon Sports Executive

SAN DIEGO, Calif., Sept. 1, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. today announced it is spotlighting a HECM reverse mortgage origination by Oregon-based Directors Mortgage, a Pacific-Northwest focused full service mortgage banking firm, as it illustrates an ideal application of the product that allows qualified homeowners age 62 or older to access a portion of their home equity as a financial resource, and eliminates the need to make house payments.

Phil Rasori of MCT Trading Designated One of the Industry’s ‘Top 25 Most Connected Mortgage Professionals’ by NMP Magazine

SAN DIEGO, Calif., Aug. 27, 2015 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized industry leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced that its COO, Phil Rasori, has been named to National Mortgage Professional (NMP) magazine’s 2015 ‘Top 25 Most Connected Mortgage Professionals’ list.

Positioned for Continued Growth, The Mortgage Collaborative Adds Eight New Members

SAN DIEGO, Calif., Aug. 26, 2015 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the formal approval of eight new lenders to their national network of originating members, announced the Collaborative’s EVP of National Sales and Strategic Alliances, Rich Swerbinsky.

Klingenstein, Fields and Co., LLC Rebrands as Klingenstein Fields Wealth Advisors

NEW YORK, N.Y., Aug. 26, 2015 (SEND2PRESS NEWSWIRE) — Klingenstein, Fields and Co., L.L.C. today is now operating as ‘Klingenstein Fields Wealth Advisors’ as part of a recent rebranding initiative. The new brand highlights the firm’s integrated approach in providing comprehensive wealth management services to a broad range of high-net-worth clients.

Richard Horn to Lead In-Depth TRID Training Workshop for Lenders – for Mortgage Compliance Training Center, LLC

DENVER, Colo., Aug. 24, 2015 (SEND2PRESS NEWSWIRE) — Mortgage Compliance Training Center, LLC (MC Training Center), a newly formed organization that is solely focused on mortgage compliance education and readiness, announced today that it has officially launched operations and will start by holding an all-day, hands-on TRID workshop in Denver, Colorado on Sept. 25.

DocMagic’s Melanie Feliciano Makes MReport’s 2015 Leading Ladies List in Mortgage and Housing

TORRANCE, Calif., Aug. 21, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that its chief legal officer, Melanie Feliciano, Esq., has been named to the MReport’s 2015 Leading Ladies list. MReport is a leading B2B trade publication serving the broader mortgage field.

ReverseVision Announces Credit Report Integration with CBCInnovis

SAN DIEGO, Calif., Aug. 21, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. today announced their newest credit report partnership with CBCInnovis, a leading provider of credit and risk management solutions headquartered in Columbus, Ohio. This integration within RV Exchange (RVX), ReverseVision’s flagship reverse loan origination system (RLOS) platform, increases RVX users’ choice of automated credit report services.

ReverseVision Hosts 2016 Inaugural User Conference in San Diego

SAN DIEGO, Calif., Aug. 20, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. today announced it would host its 2016 inaugural user conference January 20 – 22, 2016, at the Sheraton San Diego Hotel and Marina in San Diego, California. More reverse mortgages are originated monthly using ReverseVision’s RV Exchange platform than all other systems combined.

The Mortgage Collaborative Names New Board Members to Cooperative and Management Company

SAN DIEGO, Calif., Aug. 20, 2015 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, an independent lending cooperative serving small- to mid-sized mortgage lenders and community-based lending institutions, has implemented several changes to the Board of Directors of the Cooperative as well as the Board of Directors of the Management Company, announced the Collaborative’s Chairman, John Robbins, CMB.

ARMCO Executives to Address Mortgage Pre/Post-Funding QA, Loan Defect Rates at MBA Risk Management, QA and Fraud Prevention Forum

POMPANO BEACH, Fla., Aug. 19, 2015 (SEND2PRESS NEWSWIRE) — Leading web-based financial services quality control software provider ACES Risk Management (ARMCO) announced two of its top executives will participate in panels at the Mortgage Bankers Association’s (MBA) Risk Management, QA and Fraud Prevention Forum 2015, Sept. 9-11 in Dallas.

DocMagic Appoints Gavin T. Ales as Chief Compliance Officer

TORRANCE, Calif., Aug. 18, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that it has named Gavin T. Ales as chief compliance officer (CCO).

DocMagic’s SmartCLOSE Production Ready – Receives High Scores from Lender and Settlement Providers

TORRANCE, Calif., Aug. 13, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that after extensive testing by lenders, settlement providers and other relevant parties, SmartCLOSE(TM) has been honed to perfection and been moved to a secure cloud-based production environment for its official release date of Aug. 15, 2015.

EPIC Climbs 13 Spots to No. 12 in the Insurance Journal’s ‘Top 100 Independent Property Casualty Agencies’ Ranking

SAN FRANCISCO, Calif., Aug. 13, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has been ranked #12 among the Insurance Journal’s ‘Top 100 Independent Property Casualty Agencies.’ The ranking is based on total property and casualty agency revenue for 2014 and includes only those agencies whose business is primarily retail not wholesale.

ARMCO COO Urges Mortgage Lenders to Tailor QC Reviews for Niche Mortgage Products

POMPANO BEACH, Fla., Aug. 12, 2015 (SEND2PRESS NEWSWIRE) — Phil McCall, COO of leading web-based financial services quality control software provider ACES Risk Management (ARMCO), advises mortgage lenders to develop unique quality control audits for each of the niche mortgage lending products they may offer, including jumbo, USDA, VA and HECM/reverse.

Industry Veteran Ben Coll Joins MCT’s Growing Capital Markets Team

SAN DIEGO, Calif., Aug. 7, 2015 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized industry leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced Ben Coll joined the company’s capital markets team. He becomes employee number 65 as MCT continues to expand its client base and staff of secondary marketing professionals.

Mid America Mortgage Promotes Chris Hartman to Wholesale, Correspondent Sales Manager

ADDISON, Texas, Aug. 3, 2015 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) owner and Chief Executive Officer Jeff Bode announced Chris Hartman has been promoted to sales manager of wholesale and correspondent operations. Hartman brings nearly two decades of mortgage sales experience to this new role, where he’ll be responsible for overseeing sales efforts across Mid America’s wholesale and correspondent lending division.

FlashCash is Contactless Smart Card Technology for Commercial Laundry

CHESTER, Conn., Aug. 3, 2015 (SEND2PRESS NEWSWIRE) — Greenwald Industries is the designer and developer of FlashCash, a laundry payment technology that is currently the leading contactless laundry payment technology in Europe. Installed in thousands of machines, FlashCash use is growing by leaps and bounds.

EPIC Jumps 21 Spots in Business Insurance Broker Rankings to No. 23

SAN FRANCISCO, Calif., Aug. 3, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has been ranked #23 among the nation’s largest insurance brokers by Business Insurance Magazine.

The MReport Names Jody Collup to its 2015 Leading Ladies List

LANSDALE, Pa., July 31, 2015 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of web-based compliant valuation management software, announced that Jody Collup, its vice president of marketing, has been designated to the MReport’s 2015 Leading Ladies in Mortgage and Housing list.

Veros’ Sapphire Is First Valuation Management Platform to Offer Connection to FHA Electronic Appraisal Delivery Portal

SANTA ANA, Calif., July 21, 2015 (SEND2PRESS NEWSWIRE) — Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, announced today that its web-based, residential collateral valuation management platform, Sapphire, is ready to provide lenders with a direct connection to FHA’s Electronic Appraisal Delivery (EAD) portal.

United Wholesale Mortgage Launches Interest-Only Financing for Homeowners

TROY, Mich., July 20, 2015 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), one of the nation’s largest and fastest-growing wholesale lenders, has announced an interest-only financing program available to qualified borrowers who utilize UWM’s extensive broker network for their mortgage needs.

Mortgage Market Index Enhanced with OpenClose Data

WEST PALM BEACH, Fla. and DALLAS, Texas, July 15, 2015 (SEND2PRESS NEWSWIRE) — OpenClose(R), an enterprise-class, multi-channel, end-to-end loan origination system (LOS) provider, announced that it is now delivering weekly data for the U.S. Mortgage Market Index, an indicator of upcoming mortgage originations that is published by Mortgage Daily, a leading online news and data source for the mortgage industry.

Mountain America Credit Union and Pavaso Host July 16 TILA-RESPA Integrated Disclosure (TRID) Boot Camp for Salt Lake City REALTORS

SALT LAKE CITY, Utah, July 13, 2015 (SEND2PRESS NEWSWIRE) — Mountain America Credit Union (MACU) and Pavaso, a provider of innovative real estate technology, are co-hosting a ‘boot camp’ for Salt Lake City area REALTORS(R) about how the CFPB’s TILA-RESPA Integrated Disclosure (TRID) rule will affect both their business and the home buying experience of their customers.

JOSEPH EVE Named an Intacct Premier Partner

KALISPELL, Mont., July 13, 2015 (SEND2PRESS NEWSWIRE) — JOSEPH EVE, a firm of experienced accounting and technology professionals, has achieved the designation as an Intacct Premier Partner.