Finance News - Page 53

Page 53 of Finance News issued by the Send2Press® Newswire service.



Successful Repayment of $27 Million to EB-5 Investors in New Commercial Enterprise Managed by A&J Capital, Inc.

LOS ANGELES, Calif., Aug. 1, 2019 (SEND2PRESS NEWSWIRE) — A&J Capital, Inc. (A&J), a financial services & advisory firm specializing in EB-5, private equity, and investment management, today announced its latest milestone of repaying $27 million of capital to EB-5 investors for one of its managed new commercial enterprises (NCE). A&J serves as a manager of the NCE and oversees its day-to-day activities, including the administration of the EB-5 loan.

OpenClose Bolsters Commitment to Software Innovation and Enhancement of Digital Mortgage Technology, Adds Experienced Technologist as VP of Innovation

WEST PALM BEACH, Fla., July 31, 2019 (SEND2PRESS NEWSWIRE) — OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that Allen Pollack, a seasoned industry veteran that has been instrumental in the digital shift and transformation of the industry, has joined the company in the newly created position of vice president of product innovation.

Appraisal Institute (AI) forms affinity partnership with Anow to equip members with top-shelf appraisal office management technology

RED DEER, Alberta, July 31, 2019 (SEND2PRESS NEWSWIRE) — Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, has formed an affinity partnership with the Appraisal Institute (AI), the largest real estate appraisal organization in the United States. The partnership makes Anow’s core appraisal office management platform available to AI members (“AI Professionals”) and affiliates at a reduced rate.

SimpleNexus Partners with Informative Research to Expand Credit Integration Options for Its Mortgage Lender Customers

LEHI, Utah, July 30, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced an integration with Informative Research, a Tier-1 CRA and fintech leader in delivering a range of origination solutions for the mortgage industry.

Reconciled named one of the 2019 Accounting Today’s Best Accounting Firms to Work for

BURLINGTON, Vt., July 30, 2019 (SEND2PRESS NEWSWIRE) — Reconciled, an online bookkeeping firm headquartered in Burlington, was recently named as one of the 2019 Accounting Today’s Best Accounting Firms to Work for. Accounting Today has partnered with Best Companies Group to identify companies that have excelled in creating quality workplaces for employees

New API Enables Real-Time Data Transfers Between SimpleNexus, Mortgage Lenders and Third-Party Systems

LEHI, Utah, July 24, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the availability of an application program interface (API) and webhooks that enable mortgage lenders to establish real-time data syncing between SimpleNexus and non-integrated third-party systems.

Bank of Southern California N.A. Announces Second Quarter 2019 Results

SAN DIEGO, Calif., July 24, 2019 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the second quarter ended June 30, 2019. Total assets were $767 million for the second quarter of 2019, a 47% increase compared to the second quarter of 2018. Quarterly net income increased 20% to $1.57 million compared to $1.31 million in Q2 of 2018.

CMG Financial Accelerates Loan Originator Compensation and Delivers Loan-Level Insights to Management with LBA Ware’s CompenSafe

MACON, Ga., July 23, 2019 (SEND2PRESS NEWSWIRE) — LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, has partnered with CMG Financial to streamline incentive compensation for the lender’s more than 500 loan originators (LOs) and other commission- and bonus-based employees.

Lang Capital Group Presents an Exquisite Dinner Cruise on The Odyssey Lake Michigan with IMAG

CHICAGO, Ill., July 23, 2019 (SEND2PRESS NEWSWIRE) — The Lang Capital Group announces the International Multicultural Awards Gala (I.M.A.G) on August 9, 2019. The Gala will raise funds for IMAG of Greater Chicago’s programs to build and repair hope, families, and resources in the greater Chicago communities.

Small Business Grant Offering to Inspire New Entrepreneurs to Get into The Game and Start Their Own Business

COLUMBIA, S.C., July 23, 2019 (SEND2PRESS NEWSWIRE) — Horizon Commercial Leasing hopes to inspire new entrepreneurs to get into the game and start their own business. The property leasing experts have launched its first ever Small Business Grant offering up to $2,000 to potential and existing businessowners.

EPIC adds Surety Specialists Eric Feighl and John Hohlt in Houston Texas

HOUSTON, Texas, July 23, 2019 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Eric Feighl has joined the firm as a Principal and Southwest Region Surety Practice Leader.

ReverseVision Taps Sunny Mahdii as Vice President of Operations

SAN DIEGO, Calif., July 22, 2019 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has appointed Sunny Mahdii to the position of vice president of operations. In this role, Mahdii will work with ReverseVision’s professional services, training, implementation, document management and customer success teams to execute a holistic operations strategy.

Former IRS Executive, Mark Bodenstab, Joins KBKG as Director of Research and Development Tax Credits

PASADENA, Calif., July 22, 2019 (SEND2PRESS NEWSWIRE) — Nationwide tax specialty firm KBKG adds another former IRS manager to their team of experts. Mark Bodenstab joins as the firm’s Director of Research & Development Tax Credits with over 30 years combined at the IRS and in the private sector.

New Capital Partners Invests in ARMCO

BIRMINGHAM, Ala., July 22, 2019 (SEND2PRESS NEWSWIRE) — New Capital Partners (NCP), a private equity firm in Birmingham, Ala., today announces that it has partnered with Pompano Beach, Fla.-based ACES Risk Management Corp. (ARMCO), the leader in web-based quality assurance software for the financial services industry.

Anow Enterprise lets lenders and appraisal firms tap into the industry’s first peer-to-peer appraiser network

RED DEER, Alberta, July 17, 2019 (SEND2PRESS NEWSWIRE) — Anow, developer of appraisal firm management software that simplifies the way real estate appraisers manage their businesses, today announced the release of Anow Enterprise, a cloud software suite that connects individual appraisal companies to form service networks that can efficiently provide localized service at scale.

Bank of Southern California NA Names Ian McKay Managing Director

SAN DIEGO, Calif., July 17, 2019 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has expanded its business development team with the hiring of Ian McKay as Managing Director of Business Banking. He will focus on developing and managing a portfolio of small to medium sized businesses located throughout Orange County.

Level One Bank Enlists CompenSafe to Automate Incentive Compensation After Doubling Its Mortgage Division

MACON, Ga., July 16, 2019 (SEND2PRESS NEWSWIRE) — LBA Ware, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Level One Bank (NASDAQ: LEVL) has chosen CompenSafe to automate incentive compensation for mortgage loan originators and support staff across the community bank’s mortgage loan center and branch locations

NRL Mortgage Now Offering FormFree’s AccountChek Automated Asset Verification to Borrowers Nationwide

ATLANTA, Ga., July 16, 2019 (SEND2PRESS NEWSWIRE) — FormFree today announced that loan originators and support staff at NRL Mortgage are now offering AccountChek automated asset verification to loan applicants nationwide. AccountChek gives borrowers a convenient and secure way to verify their assets without having to print, scan or fax bank statements.

Gulftech Acquires ABL S.p.A. – Announces Expansion into Fresh Cut Produce Market

DENVER, Colo., July 15, 2019 (SEND2PRESS NEWSWIRE) — Gulftech International, Inc. (“Gulftech”) based in Denver, Colorado, USA, announced today that it has completed the acquisition of ABL S.p.A. (“ABL” or the “Company”). The Gulftech family of companies are the world’s recognized leaders in the engineering, manufacture, lease, sale and service of industrial equipment and components serving many of the world’s most important food production and processing companies.

EPIC Insurance Brokers Further Expands Southwest Operations into Arizona

SAN FRANCISCO, Calif. and PHOENIX, Ariz., July 15, 2019 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today the expansion of their operations in the Southwest with the hiring of Client Manager Luke Aschermann, Property & Casualty Claims Manager Norma Brehm, and Principal/Senior Client Advocate Belinda Lopes. All join EPIC from Willis Towers Watson.

Do I Need Travel Insurance for the 2019 Hurricane Season? TravelInsurance.com Provides Answers

NEW YORK, N.Y., July 11, 2019 (SEND2PRESS NEWSWIRE) — With Tropical Storm Barry expected to become the first named hurricane of 2019, thus begins the storm season that will likely impact hundreds of thousands of travelers, according to TravelInsurance.com. The question many travelers have is “Will my travel plans be affected, and if so, how can I make sure I don’t lose the hard-earned money I’ve invested in this vacation?”

ARMCO QC Trends Report: Defects Related to Loan Package Documentation Doubled from 2017 to 2018

POMPANO BEACH, Fla., July 11, 2019 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, announced the release of the quarterly ARMCO Mortgage QC Trends Report. The latest report covers both the fourth quarter (Q4) and the calendar year (CY) 2018, and provides loan quality findings for mortgages reviewed by ACES Audit Technology.

OpenClose and Vice Capital Markets Integrate for Enhanced Hedging Automation

WEST PALM BEACH, Fla., July 11, 2019 (SEND2PRESS NEWSWIRE) — OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced the completion of an integration with Vice Capital Markets Inc., an established mortgage hedge advisory firm. Focused on maximizing hedging efficiencies, the new interface reduces the time to prepare and deliver loan data.

FormFree Partners with FundingShield to Deliver Enhanced Wire Fraud Protection to FormFree’s Network of More than 1,000 Mortgage Lenders

ATLANTA, Ga., July 11, 2019 (SEND2PRESS NEWSWIRE) — FormFree(R) today announced that it has entered into a strategic alliance with FundingShield, a fintech firm that safeguards homebuyers, mortgage lenders and title insurance underwriters from wire fraud.

Total Expert and ReverseVision Team Up to Transform the Reverse Mortgage Customer Journey

SAN DIEGO, Calif., July 10, 2019 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the reverse mortgage industry, today announced a partnership with Total Expert, creator of the first marketing operation system (MOS) specifically for banks and mortgage lenders. The two companies have deployed an API integration that links the Total Expert MOS with ReverseVision’s RV Exchange (RVX).

Peter Grandich and Company Teams with Major CPA Firm

SPRING LAKE, N.J., July 10, 2019 (SEND2PRESS NEWSWIRE) — Trinity Financial, Sports & Entertainment Management Company, a division of Peter Grandich and Company, announced today that it has teamed with the Sports & Entertainment Division of one of the largest CPA firms in the Tri-State Region, WithumSmith+Brown, PC (“Withum”).

Mace Innovations Hires Chris Giles as Director of Business Development

SALT LAKE CITY, Utah, July 8, 2019 (SEND2PRESS NEWSWIRE) — Mace Innovations announced today that it has brought in Chris Giles as Director of Business Development. Mace Innovations’ suite of automation products allows companies to streamline time consuming tasks like data input and document delivery, freeing up employees to get more done.

ARMCO Expands Business Development Team – Industry veteran Mike Ehring to expand client base across several verticals

POMPANO BEACH, Fla., July 3, 2019 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has hired industry veteran Mike Ehring as senior director of business development.

Former Treasury Official Craig Phillips to Deliver Keynote at #NEXTDC19

WASHINGTON, D.C., July 2, 2019 (SEND2PRESS NEWSWIRE) — NEXT Mortgage Events, creator of NEXT women’s executive mortgage summit, and Housing Finance Strategies, a Washington, D.C. advisory firm founded by Faith Schwartz, today announced that former Treasury Department official, Craig Phillips, will deliver the keynote #NEXTDC19 on November 19, 2019 at Kimpton Hotel Monaco in Washington, D.C.

EPIC adds Benefits Consultant Dennis Park in Irvine CA

SAN FRANCISCO and IRVINE, Calif., July 2, 2019 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Dennis Park has joined the firm as Vice President, Employee Benefits.

CPROP Partners with The Mortgage Collaborative as Its Exclusive Blockchain Vendor

COVINGTON, Ky., July 1, 2019 (SEND2PRESS NEWSWIRE) — CryptoProperties LLC (CPROP) is pleased to announce it has signed an agreement with The Mortgage Collaborative (TMC) to join its Preferred Partner Network as TMC’s exclusive provider of blockchain-enabled products and services.

Bank of Southern California, N.A. Names Robby Piper Senior Managing Director

SAN DIEGO, Calif., July 1, 2019 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Robby Piper has joined the company as Senior Managing Director, Business Banking. He will be responsible for expanding Bank of Southern California’s client base.

EPIC adds Awareness and Communications Professionals Jon Williams, TJ Rosenberg and Dale Smith

ATLANTA, Ga. and SAN FRANCISCO, Calif., July 1, 2019 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today the hiring of Jon Williams, TJ Rosenberg, and Dale Smith to lead the Awareness & Communications Practice as Managing Directors within EPIC Risk Consulting.

SimpleNexus Bolsters Senior Leadership Team to Support Expanding Roster of Mortgage Lender Clients

LEHI, Utah, June 28, 2019 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that it has bolstered its senior leadership team with the appointments of three vice presidents to support the company’s rapidly expanding roster of mortgage lender clients.

Mann Mortgage Revamps Loan Originator (LO) Compensation Structure, Gains Cost-Efficiency and Flexibility with LBA Ware’s CompenSafe

MACON, Ga., June 28, 2019 (SEND2PRESS NEWSWIRE) — LBA Ware(TM), provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that Mann Mortgage has successfully overhauled its incentive compensation plan structure and management with CompenSafe.

Healthcare Coverage Savings and Benefits Now Offered to American Gem Society Members

LAS VEGAS, Nev., June 27, 2019 (SEND2PRESS NEWSWIRE) — The American Gem Society (AGS) is pleased to announce a strategic partnership with MJM Global Insurance Brokerage Group, which will offer access to healthcare coverage to the Society’s membership, for those wishing to participate.

BlackFin Group Offers ’10x Business Review’ to Help Spike Lender Profitability

IRVINE, Calif., June 27, 2019 (SEND2PRESS NEWSWIRE) — BlackFin Group – a boutique-style consulting firm focused on mortgage banking and financial services, announced the offering of a standardized, end-to-end, lender business review. The lender 10X Business Review is an affordable, comprehensive, fixed rate, three-week engagement.

NotaryCam Anticipates 2019 Banner Year, Citing Growing Adoption of Remote Online Notary, Remote Online Closing

NEWPORT BEACH, Calif., June 26, 2019 (SEND2PRESS NEWSWIRE) — NotaryCam, creator of remote online notarization (RON), acknowledged leader in online notarization and original provider of patented mortgage eClosing solutions, today announced it is extending its 2018 record growth to another unprecedented performance in 2019.

DocMagic and LendingPad Integrate for Easy, Compliant Document Preparation and eSigning

TORRANCE, Calif., June 26, 2019 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has completed an integration with cloud-based loan origination system (LOS) provider LendingPad from WEI Technology LLC, offering its document preparation services directly from within the LendingPad environment.

Financial Research Firm Reveals New FLEX-10 Index to Track Performance of the Market’s Top Ten Stocks

BALTIMORE, Md., June 20, 2019 (SEND2PRESS NEWSWIRE) — Charles Street Research (CSR), a financial research and publishing think tank based in Baltimore, Maryland, recently revealed a brand new performance index for one of their top research services.