Banking News - Page 8

Page 8 of Banking News issued by the Send2Press® Newswire service.



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.

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.

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.

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.

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.

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.

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.

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.

Adam Rieke Joins Mid America Mortgage as Director of National TPO Lending

ADDISON, Texas, April 2, 2015 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) owner and Chief Executive Officer Jeff Bode announced Adam Rieke has joined the organization as director of national TPO lending. Rieke brings an extensive track record of success in the mortgage lending arena. Over the last 23 years, he has built and managed several highly profitable wholesale lending operations.

Regent Education and N2N Partner to Streamline the Data Integration Process for Schools Implementing Regent 8

FREDERICK, Md., March 31, 2015 (SEND2PRESS NEWSWIRE) — Regent Education today announced a strategic partnership with N2N Services to streamline data integration processes and reduce the time needed to bring schools live on Regent’s industry-leading financial aid management solution, Regent 8. The partnership will leverage N2N’s integration cloud to create Student Information System (SIS) adapters that streamline the implementation process, enabling institutions to recognize the return on investment of Regent 8 in less time.

Pioneer Bank Data Breach Draws Weitz & Luxenberg Probe

NEW YORK, N.Y., March 30, 2015 (SEND2PRESS NEWSWIRE) — Weitz and Luxenberg, P.C. today announced it is investigating claims from customers of Pioneer Bank who suffered – or fear they soon will suffer – economic harm from a data breach made possible by the Jan. 26 theft of one of the Troy, New York-based financial institution’s laptop computers.

IDS Achieves Record Annual Mortgage Initial Disclosure Fulfillment in 2014

SALT LAKE CITY, Utah, March 20, 2015 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced 2014 as a record year, generating the most initial disclosure docs in a single year in the company’s history. In addition, IDS set a company record in January 2015 for the most amount of initial disclosures generated in a single month. Total initial disclosure volume for the company in 2014 increased 13.6 percent over 2013.

ReverseVision Named to HousingWire’s HW TECH100

SAN DIEGO, Calif., March 19, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading software and technology provider for the reverse mortgage industry, announced it has been included in the 2015 edition of HousingWire’s HW TECH100(TM) list.

OpenClose Again Selected by HousingWire as a Top 100 Most Innovative Technology Company

WEST PALM BEACH, Fla., March 19, 2015 (SEND2PRESS NEWSWIRE) — OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that it has been named to HousingWire magazine’s second annual HWTECH 100(TM) list for 2015. HW TECH100 honors the 100 most innovative technology companies serving the U.S. mortgage finance and real estate industries.

DocMagic Named to HousingWire Magazine’s Annual HW TECH100 List

TORRANCE, Calif., March 17, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that HousingWire magazine designated the company to its 2015 HW TECH100(TM) list. The list honors the 100 most innovative technology companies serving the U.S. mortgage finance and real estate industries.

DocMagic Secures Exclusive Agreement with World Wide Notary, Inc. to Leverage eNotarization Technology for eClosings

TORRANCE, Calif., March 10, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that it formed an exclusive strategic alliance with World Wide Notary, Inc. (WWN), a pioneering developer of electronic notarization services. The partnership integrates WWN’s patent pending DigaSign eNotary technology into DocMagic’s eServices platform to deliver a fully paperless eClosing solution.

HousingWire Magazine Designates Global DMS to its TECH100 List for the Second Year

LANSDALE, Pa., March 10, 2015 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of web-based compliant valuation management software, announced that HousingWire magazine again named the company to its 2015 HW TECH100(TM) list. The list was officially introduced in 2014 and each year seeks to recognize the 100 most innovative technology firms in the U.S. housing economy.

Worldwide Telecommunications Industry Revenue to hit $2.4 Trillion in 2020, says Insight Research

DURANGO, Colo., March 10, 2015 (SEND2PRESS NEWSWIRE) — Insight Research projects that telecommunications services revenue worldwide will grow from $2.2 trillion in 2015 to $2.4 trillion in 2019. Insight’s newly-released market analysis report, ‘The 2015 Telecommunications Industry Review: An Anthology of Market Facts and Forecasts’ includes regional and service forecasts, assessment of key growth drivers, analysis of industry trends, network infrastructure and access technologies, future services, OSS/BSS and capex spending, and enterprise telecom markets.

ReverseVision Releases Financial Assessment-Required Screens by Original HUD March 2 Deadline

SAN DIEGO, Calif., March 6, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading software and technology provider for the reverse mortgage industry, has released an update to their RV Exchange LOS that includes all Financial Assessment critical screens and calculations. This release was targeted to meet the Department of Housing and Urban Development’s (HUD’s) original Financial Assessment (FA) implementation date of March 2.

UPDATED: OpenClose Adds Industry Veteran Will Foy to its Growing Team of Technical Staff

WEST PALM BEACH, Fla., Feb. 26, 2015 (SEND2PRESS NEWSWIRE) — *RETRACTION* (correct and replace) — In a press release issued by OPENCLOSE on Feb. 24, an inadvertent error was included in the 7th paragraph that referred to Agile Alliance as a certifying body instead of an educational and trade group promoting Agile software development. The corrected full-text replacement announcement follows: OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announces that it has hired Will Foy as integration manager.

EPIC’s Tammy Mission Honored as a 2015 Insurance Industry Power Broker

SAN FRANCISCO, Calif., Feb. 26, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Tammy Mission has been recognized as a Power Broker and an Under-40 designee in the non-profit sector by Risk and Insurance Magazine. This is the second time Mission has received this honor, with her first recognition (also in the non-profit sector) coming in 2013.

Mid America Mortgage Hires Joanna Shelton as Mortgage Compliance Manager

ADDISON, Texas, Feb. 24, 2015 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) announced it has hired financial compliance expert Joanna Shelton as the company’s next compliance manager. In addition, Shelton will oversee compliance for Mid America’s sister company Mortgage Machine Service and its flagship loan origination system (LOS) Mortgage Machine. Shelton brings more than 19 years of compliance expertise to Mid America.

ReverseVision on Track for Financial Assessment Changes Despite HUD Delay

SAN DIEGO, Calif., Feb. 24, 2015 (SEND2PRESS NEWSWIRE) — John Button, president and CEO of leading reverse mortgage software and technology provider ReverseVision, says the Department of Housing and Urban Development’s (HUD) decision to delay implementation of its Financial Assessment (FA) rules provides a better opportunity for lenders to get the required technology changes including: ReverseVision’s, HUD’s and other systems implemented into their processes before using these tools in their day-to-day workflow.