Banking News - Page 7

Page 7 of Banking News issued by the Send2Press® Newswire service.



Residential Market Sustains Strength Predicted by Veros’ Latest 12-Month Forecast Update

SANTA ANA, Calif., July 9, 2015 (SEND2PRESS NEWSWIRE) — Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, reports that the residential market continues in a positive trajectory, with a greater percentage of markets expected to increase in value over the next 12 months, moving upwards to 90% from last quarter’s 86%.

HousingWire Designates Chris Anderson of MCT Trading to its 2015 List of Rising Stars

SAN DIEGO, Calif., July 9, 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 SVP, Chris Anderson, has been named to HousingWire’s 2015 Rising Stars list.

DocMagic Adds Loan Industry Veteran Edward Komski to Help Drive Enterprise Software Sales

TORRANCE, Calif., June 30, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, is pleased to announce the hiring of Mr. Edward Komski who will assume the role of national sales manager. In this capacity, he will be responsible for introducing DocMagic’s entire suite of software solutions to large, enterprise-level lending organizations.

OpenClose Adds Patrick Mancier to its Software Development Team

WEST PALM BEACH, Fla., June 30, 2015 (SEND2PRESS NEWSWIRE) — OpenClose(R), an enterprise-class, multi-channel, end-to-end loan origination system (LOS) provider, announced that it hired Patrick Mancier as senior software developer.

ReverseVision Adds Credit Report Integration to Reverse Mortgage LOS Platform

SAN DIEGO, Calif., June 24, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. today announced it has added automated credit reporting capabilities to RV Exchange (RVX), ReverseVision’s flagship reverse loan origination system (RLOS) platform. Through this integration, reverse mortgage lenders are able to automatically import a borrower’s credit information directly into RVX’s Financial Assessment (FA) module.

DocMagic Officially Kicks Off Client Testing of its SmartCLOSE Collaborative Closing Portal for TRID Compliance

TORRANCE, Calif., June 24, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that a group of clients have begun to test the features and functionality available within its new Collaborative Closing Portal, SmartCLOSE(TM).

DocMagic Will Be Fully TRID Compliant by Aug. 1, Regardless of When the New Rule Actually Takes Effect

TORRANCE, Calif., June 19, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that the CFPB’s proposed delay will have no bearing on its plans to be ready to meet the CFPB’s originally planned Aug. 1 due date to implement the TILA-RESPA Integrated Disclosure (TRID) rule.

MCT Trading Named to Best Places to Work List for the Fourth Year in a Row

SAN DIEGO, Calif., June 18, 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 the San Diego Business Journal’s (SDBJ) has named the company to its annual Best Places to Work list for the fourth year in a row.

Sheryl McLamb joins EPIC’s Private Client Group in Sacramento

SAN FRANCISCO, Calif., June 11, 2015 (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage and consultant, announces that Sheryl McLamb has joined as an Account Manager in EPIC’s Private Client Group. McLamb will be based in Sacramento as EPIC expands its private client services.

ReverseVision Announces Launch of Reverse Mortgage Loan Origination System Support Portal

SAN DIEGO, Calif., June 10, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. announced the launch of their new RV Support Portal designed to improve the RV Exchange (RVX) support experience for users of RV Exchange (RVX), ReverseVision’s flagship reverse loan origination system (RLOS) platform.

Mid America Mortgage Hires David Tracy as National Underwriting Manager

ADDISON, Texas, June 2, 2015 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) owner and Chief Executive Officer Jeff Bode announced the lender has hired former Fannie Mae underwriting consultant David Tracy as National Underwriting Manager. A 20+-year residential and commercial mortgage veteran, Tracy will be responsible for revitalizing Mid America’s underwriting operations nationwide.

ShortSave Adds Mortgage Servicer Dashboard Tools, Borrower Document Fulfillment/eSignatures

MONUMENT, Colo., June 2, 2015 (SEND2PRESS NEWSWIRE) — ShortSave, Inc., the provider of an award-winning borrower-facing mortgage default servicing system, announced it has made several upgrades to its platform to improve analytics and compliance tracking for servicers, as well as enhancements to the borrower experience.

EPIC Grows in Reno with the Addition of Courtney Pino and Move into New Offices

SAN FRANCISCO, Calif., May 26, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty and employee benefits insurance brokerage and consultant, announced today the addition of Courtney Pino as a commercial insurance broker/producer as well as their move into new Reno, Nevada offices.

IDS Hits Four of Five TRID Development Milestones

SALT LAKE CITY, Utah, May 19, 2015 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it is on schedule and has achieved four of its five major development milestones for the TILA/RESPA Integrated Disclosures (TRID) implementation. The final development milestone for IDS is to update the Escrow and Imports sections of idsDoc, after which users will be able to test and review the documents.

Mortgage Bankers Association of Arkansas Installation of 2015-2016 Board of Directors

MEMPHIS, Tenn., May 18, 2015 (SEND2PRESS NEWSWIRE) — The Mortgage Bankers Association of Arkansas (MBAA) held its installation of new officers and board members during the 3rd Annual Tri-State MBA Conference. The Conference involved mortgage professionals from Arkansas, Mississippi Tennessee and was held May 4 – 6 at the Cook Convention Center.

The Mortgage Collaborative Enters Partnership with Fannie Mae to Support Small, Mid-Sized Mortgage Originators

SAN DIEGO, Calif., May 18, 2015 (SEND2PRESS NEWSWIRE) — Today The Mortgage Collaborative (TMC), an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, and Fannie Mae agreed upon enhancements to the benefits offered to TMC members that were announced earlier in the year through a strategic partnership agreement.

IDS, Pavaso Partner to Create End-to-End Digital Mortgage Closing Environment

SALT LAKE CITY, Utah and PLANO, Texas, May 18, 2015 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS) and Pavaso, a provider of innovative real estate technology, announced the two firms have entered into a partnership. Through this alliance, the two firms will develop an integration between Pavaso’s Digital Close(TM) electronic closing platform and IDS’s flagship doc prep system idsDoc.

EPIC expands Employee Benefits Practice with the acquisition of Executive Financial, Inc. in Southern California

SAN FRANCISCO, Calif., May 18, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today it has acquired Executive Financial, Inc., an employee benefits consulting firm specializing in executive benefits, life, and disability insurance strategies.

Veros Delivers First Direct Connection to FHA’s Electronic Appraisal Delivery Portal

SANTA ANA, Calif., May 18, 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 lenders and technology vendors interested in the option of implementing a direct connection to FHA’s recently announced Electronic Appraisal Delivery (EAD) portal for electronic appraisal submission can connect through Veros’ proprietary product, PATHWAY.

OpenClose Releases Version 4.0 of its OC Optics Web-based Enterprise Analytics and Reporting Module

WEST PALM BEACH, Fla., May 14, 2015 (SEND2PRESS NEWSWIRE) — OpenClose, an enterprise-class, multi-channel end-to-end loan origination system (LOS) provider, announced that it has released version 4.0 of OC Optics(TM), a web-based analytics and reporting system that integrates tightly with its LenderAssist(TM) LOS platform. The enhancements provide clients with more control, added functionality, and robust editing and configuration tools that effectively customizes data analysis and reporting outputs.

JOSEPH EVE Will Present ‘4 Casino Accounting Trends to Watch in 2015’ at Great Plains Indian Gaming Conference

KALISPELL, Mont., May 12, 2015 (SEND2PRESS NEWSWIRE) — Casino Accounting experts Joseph Eve and Lindan Elliott of JOSEPH EVE CPAs will present ‘4 Casino Accounting Trends to Watch in 2015’ at the Great Plains Indian Gaming Conference May 18 – 20, 2015 at Mystic Lake Casino in Prior Lake, Minnesota.

Major eSigning Milestone Achieved: DocMagic Surpasses 100 Million eSignature Transactions for the Mortgage Industry

TORRANCE, Calif., May 11, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that its eSign platforms have now processed more than 100 million mortgage-related eSignature transactions.

Healthcare Insights to Present Session on Costing Solutions at 2015 International MUSE Conference in Nashville

LIBERTYVILLE, Ill., May 8, 2015 (SEND2PRESS NEWSWIRE) — Healthcare Insights, LLC (HCI), a leader in providing financial management software and services to hospitals and health systems nationwide, will be presenting its solutions for reducing healthcare costs and improving patient care during the annual International MUSE Conference in Nashville later this month.

Arkansas Mutual to Join Constellation

LITTLE ROCK, Ark., May 8, 2015 (SEND2PRESS NEWSWIRE) — Arkansas Mutual Insurance Company announced today that it will be joining Constellation, a mutual holding company, and its family of companies. Arkansas Mutual is a provider of medical professional liability insurance for physicians, located in Little Rock; it will be the third Constellation member company, joining MMIC and UMIA. The terms of the transaction were not disclosed.

DocMagic Releases New TRID Functionality to its Entire Client Base and All LOS Vendors

TORRANCE, Calif., May 7, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that it has completed all required TILA-RESPA Integrated Disclosure rule (TRID) software development and testing, and the new TRID enhancements have been officially released into DocMagic’s production environment.

LeaseAccelerator Hires Enterprise SaaS Sales Expert Jay McGlynn to Scale Business

GREAT FALLS, Va., May 5, 2015 (SEND2PRESS NEWSWIRE) — LeaseAccelerator announced today that sales leader and go-to-market strategist Jay McGlynn has joined the company as Chief Revenue Officer. Jay brings more than 40 years of enterprise technology sales experience to a team delivering comprehensive Equipment Lease Management (ELM) solutions to Fortune 1000 companies.

Emilio N. Francisco, PDC CEO, Sees Diversification of EB-5 Investor Pool as a Positive Evolution of the EB-5 Immigrant Investor Program

COSTA MESA, Calif., April 28, 2015 (SEND2PRESS NEWSWIRE) — In response to the surge in EB-5 applications from mainland China, the U.S. State Department has announced a cutoff date for immigrant investors from mainland China applying for permanent residency in the U.S. through the EB-5 visa program, according to PDC Capital Group.

Healthcare Insights to Exhibit Costing Solutions at Becker’s Hospital Review Annual Meeting in Chicago

LIBERTYVILLE, Ill., April 27, 2015 (SEND2PRESS NEWSWIRE) — When more than 1,200 hospital business and strategy leaders gather in Chicago next month for Becker’s Hospital Review 6th Annual Meeting, Healthcare Insights, LLC (HCI) will be exhibiting its solutions for reducing healthcare costs and improving patient care.

DocMagic to Launch Collaborative Closing Platform to Meet TRID Requirements

TORRANCE, Calif., April 23, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that it will launch a Collaborative Closing Platform for the mortgage industry. The solution is comprised of a secure, seamless and dynamic web-based portal that efficiently and expeditiously helps lenders comply with the TILA-RESPA Integrated Disclosure (TRID) rule that becomes effective on August 1.

Industry Veteran Ken Ellis Joins OpenClose Sales Team

WEST PALM BEACH, Fla., April 16, 2015 (SEND2PRESS NEWSWIRE) — OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that industry veteran Ken Ellis has been hired as director of business development. Ellis will be responsible for selling the company’s multi-channel LenderAssist(TM) LOS platform to lenders, banks and credit unions.

EPIC adds Veteran Broker Tim Woodhull in North East

SAN FRANCISCO, Calif., April 15, 2015 (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Timothy C. (Tim) Woodhull has joined the firm as a principal. Woodhull brings 35 years of diverse insurance industry experience and leadership in corporate insurance brokerage, insurance carrier operations, business development, client service, and risk management and insurance program design and management.

EPIC adds Christopher R. Mitchell as Senior Vice President Sales

SAN FRANCISCO, Calif., April 14, 2015 (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Christopher R. (Chris) Mitchell has joined the firm as senior vice president of sales in the firm’s Northern California Bay Area Property and Casualty Insurance Division.

The Mortgage Collaborative Adds Rich Swerbinsky, Nancee Mueller to Management Team

SAN DIEGO, Calif., April 10, 2015 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, has deepened its senior executive team with the addition of two new hires, announced the Collaborative’s Chairman, John Robbins, CMB.

Vladimir Bien-Aime Wins Mortgage Banking Magazine’s 2015 Tech All-Star Award

LANSDALE, Pa., April 8, 2015 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of web-based compliant valuation management software, announced that its president and chief executive officer, Vladimir Bien-Aime, has been named to Mortgage Banking magazine’s prestigious 2015 Tech All-Stars list. The award was presented to Mr. Bien-Aime at a ceremony during the annual MBA Technology Conference and Expo held at the Hyatt Regency in Orlando, Florida.

The Mortgage Collaborative Installs David G. Kittle as Board Vice Chairman, Debra Still as Board Secretary, and Names Jim Park CEO

SAN DIEGO, Calif., April 7, 2015 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, has implemented several changes to its Board of Directors and executive management team, announced the Collaborative’s current Chairman, John Robbins, CMB.

MCT Trading Adds Industry Veteran Joel Dulmage to its Growing Sales Team

SAN DIEGO, Calif., April 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 that Joel Dulmage has joined the company in the capacity of regional sales director. Mr. Dulmage will be responsible for new business development and client service management in the Midwest territory.

CCMC Announces Complete Connector Migration Coverage

ALTAMONTE SPRINGS, Fla., April 7, 2015 (SEND2PRESS NEWSWIRE) — CCMC, the financial industry’s integration experts, has announced a new offering available for its Mortgage Loan Connector(TM) solution, providing customers with greater flexibility when changing systems.

United Wholesale Mortgage Launches Elite Client Service Team

TROY, Mich., April 2, 2015 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), one of the nation’s largest and fastest growing wholesale lenders, announced that it launched Pronto, an expert help desk for its partners that gets any and all loan questions answered fast and efficiently.

ReverseVision Adds New Operations Team to Enhance RV Exchange System Performance and Scale

SAN DIEGO, Calif., April 2, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading software and technology provider for the reverse mortgage industry, has added a new Operations Team to their growing company. This team will be focused exclusively on product operations, system monitoring, capacity planning, backup, recovery, hosting management and product release.

Market Showing Increasing Signs of Strengthening, Says Veros’ Latest 12-Month Forecast Update

SANTA ANA, Calif., April 2, 2015 (SEND2PRESS NEWSWIRE) — Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, reports that the residential market is gaining momentum with a greater percentage of markets expected to increase in value over the next 12 months, moving upwards to 86% from last quarter’s 82 percent.