Finance News - Page 65

Page 65 of Finance News issued by the Send2Press® Newswire service.



Del Mar DataTrac ExTrac Additions Support Seamless Data Extraction for Mortgage Bankers to Request Closing Funds and Pass Servicing Data

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, has added four new DataTrac ExTrac options. These ExTracs facilitate the extraction, quality control and exchange of mortgage loan data between mortgage bankers and warehouse lenders or servicing vendors.

CONIX Systems President Urges Banks to Address Acceleration of Exception Payment Processing, Identification of Duplicate Payments

DALLAS, Texas (SEND2PRESS NEWSWIRE) — Frank Stokes, president of technology, CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exception management tools, asserts that the acceleration of check clearing due to the widespread adoption of remote deposit capture (RDC), image exchange, and ACH conversion has exposed banks to a new level of payments fraud and risk. Stokes will be on hand at TAWPI Fusion 2010 May 9-13 (booth #622).

2010 Long Term Care Guide Announced – Includes Healthcare Reform Update

KIRKLAND, Wash. (SEND2PRESS NEWSWIRE) — Many Americans seem confused and immobilized by a key part of the recent Health Reform legislation, the CLASS Act, which will offer a form of long term care insurance for working people and others who may become disabled. ‘CLASS’ stands for Community Living Assistance Services and Supports; and the program, a legacy of the late Senator Edward Kennedy, is intended to offer new choice and security for millions now at risk.

Potomac Investments Manages Millions in Assets for Clients

WASHINGTON, D.C. (SEND2PRESS NEWSWIRE) — Financial estate and planning expert, John J. Cortale, senior vice president of investments, Potomac Investments, has assembled a team of financial experts with more than 30 years of combined experience. Cortale’s team knows what it takes to work with individual investors as well as large organizations to provide customized solutions backed by solid, research-driven investment strategies.

Comergence Compliance Views HUD Memo on TPO Management as Good Starting Point for Development of Due Diligence Best Practices

ORANGE, Calif. (SEND2PRESS NEWSWIRE) — Greg Schroeder, president of Comergence Compliance Monitoring, a leading provider of third-party originator (TPO) monitoring and due diligence solutions, says he supports HUD’s move to eliminate FHA approvals for loan correspondents, thereby distancing itself from the risks inherent in the current management of this origination channel.

Mortgage Doc Prep Vendor IDS Announces New Full Company SAS 70 Audit

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, has announced the successful completion of its full company SAS 70 Type I audit. The audit was performed in late February and will be followed up by a Type II audit in July, which will be repeated on a perpetual basis.

Business Cash Advances Fill a Financing Void for Many Small Businesses

CORAL SPRINGS, Fla. (SEND2PRESS NEWSWIRE) — With the outlook of traditional business credit markets remaining bleak, many small business owners are taking matters into their own hands, seeking out alternative means of finance, and this is proving to be a boon for the business cash advance industry according to BusinessCashAdvance.

Community Bank Mortgage Lenders Select Del Mar DataTrac End-to-End Lending Automation Solutions

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, added two community bank mortgage lenders to its client roster in March, 2010.

IDS and Primary Capital Mortgage Collaborate to Streamline Disclosures in Wake of RESPA Reform

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS) and Primary Capital Mortgage have teamed up to minimize the lender’s RESPA-related initial disclosures and closing document challenges. IDS is a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents. Primary Capital Mortgage is an Atlanta based residential mortgage banking firm.

Mortgage Lending Best Practices Spotlighted at Del Mar DataTrac 2010 Client Conference

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, is holding its annual DataTrac Client Conference on June 10 – 11 at ARIA Resort and Casino, one of Las Vegas’ newest and most exciting resorts

Broker-to-Banker Mortgage Lender Augusta Financial Selects DataTrac for Process Automation and Lending System of Record

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Southern California mortgage banker Augusta Financial selected the Del Mar DataTrac(R), Inc. (DMD) flagship solution DataTrac as its automated loan processing platform and lending system of record in September, 2009, when it transformed from broker to banker. Founded in 1995 as a mortgage broker in the Santa Clarita Valley, Augusta Financial today serves Burbank, Orange County and Ventura as a full service mortgage banker.

Professional Auditing Services of America Recovers $1,000,000’s of dollars for Organizations with a New 2010 Stimulus Package Discount

SOUTHFIELD, Mich. (SEND2PRESS NEWSWIRE) — Professional Auditing Services of America (PAS) announced today that, in light of the current economic condition, they will be offering not only a Nation Wide Special 2010 Recovery Stimulus Package Discount on all recovery audits but also another special discount to all AICPA affiliated members through the end of the year.

Suddenly Her Husband Needed Long Term Care: An LTC Insurance Agent’s Poignant Story

KIRKLAND, Wash. (SEND2PRESS NEWSWIRE) — It can be instructive to consider not just what long term care insurance professionals recommend, but what they do — for their own personal protection. A good example is the case of Kim Galatolo, an agent with LTC Financial Partners LLC (LTCFP), one of the nation’s most experienced long term care insurance agencies. In California, where Galatolo lives and works, the firm is known as LTC Partners & Insurance Services, LLC.

More Businesses Dismissing Banks for Business Loans

CORAL SPRINGS, Fla. (SEND2PRESS NEWSWIRE) — As traditional bank loans become scarce, more small business owners are turning to alternatives like business cash advances offered by BusinessCashAdvance. The company has provided an attractive option to a growing number of entrepreneurs seeking business loans in this tough economy. It expects this trend to continue as credit tightens even further.

Del Mar DataTrac President Rob Katz Adds Technology Perspective to March 29 ‘Lykken On Lending’ Hedging Segment

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Rob Katz, president of Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, will be a featured guest of the Lykken on Lending Internet radio program on Monday, March 29 at noon Central Time. Katz will discuss the role that automated mortgage lending technology plays in supporting mortgage banker hedging strategies.

IDS Hires Ali Knudsen as Marketing Communications Manager

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor for closing documents, initial disclosures and reverse documents, announced that Ali Knudsen has joined the company to lead its marketing communication efforts. As marketing communications manager, Knudsen is responsible for internal and external communications, tradeshow marketing, public relations and media relations.

iConcepts Announces Network Version of Offer in Compromise Software for the EA, CPA and Attorney

MAPLE GLEN, Pa. (SEND2PRESS NEWSWIRE) — iConcepts, Inc., makers of leading Offer in Compromise software, announced today the release of OIC Tax Planner 2010. More comprehensive, powerful and flexible, the software has been completely redesigned. Dynamic updates can be made directly from the Web. And for tax offices with multiple users, an easily installable network version is also available.

Mortgage Lending Automation and System of Record Provider Del Mar DataTrac Exhibits Electronic Document Management at ICBA

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, will exhibit and demonstrate its ‘zero defect’ mortgage lending workflow automation platform and electronic document management system, DataTrac, at the 2010 ICBA National Convention in Orlando.

Mortgage Lenders’ Top Concerns for Doc Prep Solutions Include Compliance Review, Document Delivery, IDS Hears from Lenders One Conference

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — Based on feedback received at the Lenders One Mortgage Cooperative Winter Member Conference in Orlando earlier this month, mortgage document preparation vendor International Document Services (IDS) learned that when it comes to doc prep functionality, compliance review capabilities and document delivery mechanisms are at the top of lenders’ wish lists.

Long Term Care Insurance Leader Seeks 320 New Agents in 2010, Following Strong 2009 Growth

KIRKLAND, Wash. (SEND2PRESS NEWSWIRE) — In an economy that seems stuck on stagnate, business is booming, thank you, for LTC Financial Partners LLC (LTCFP), one of the nation’s most experienced long term care insurance agencies. In fact, 2009’s growth was so strong and the future so promising, the firm seeks to expand its army of agents by 300 this year, an increase of about 60 percent over last year.

Financial Foundation Group and Special Olympics Hoop it up at Tournament

SAN ANTONIO, Texas (SEND2PRESS NEWSWIRE) — Financial Foundation Group (FFG) started their year with some familiar athletes as they volunteered in this year’s Special Olympics Basketball Competition. This is the third athletic competition FFG – San Antonio has been a part of within the last two quarters. Nearly 200 local athletes competed in this year’s basketball competition that was held February 19th and 20th at the Jimmy Brought Fitness Center located on the Fort Sam Houston Army Base.

Taycor Financial Announces New Lease Program with TOMI Environmental Solutions

LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) — Taycor Financial is a leading provider of equipment leasing and financing and has launched a nationwide leasing program for TOMI Environmental Solutions, Inc., a global green leader in infectious disease control and surface and air remediation equipment. Founded in 1997, with offices in Los Angeles, Calif. and Boston, Mass., Taycor Financial is a fiscally sound and economically responsible partner for all forms of equipment financing solutions.

Rockfleet Announces Opening of New York City Office – Headquarters for Capital Markets Business

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — Rockfleet Financial Services, Inc. today announced the opening of its Manhattan office. The company will provide investment banking, advisory, securities origination, brokerage, dealer and related services across the United States. Rockfleet also announced several new hires, to be based in Manhattan.

Titan Lenders Corp Offers RESPA Compliance GFE/HUD-1 Webinar Series

DENVER, Colo. (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp is conducting a Webinar series focused on real world application of RESPA changes to the GFE and HUD-1. Beginning March 9, the Webinar will be held bi-monthly on Tuesdays at 1 p.m. EST/EDT (subsequent Webinars are scheduled for March 23, April 6 and April 20). Titan’s RESPA compliance training has been developed from the operations perspective for working with GFE and HUD-1 borrower disclosures.

CONIX Systems Forms Steering Committee for Xcept Day 1 Exceptions Management Solution

MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — CONIX Systems, a leading international provider of payment processing solutions to the financial services industry, and a pioneer in the creation of post-Check 21 exceptions management tools, announces the creation of the Xcept Day 1 Solution Steering Committee.

CONIX Systems Unveils Day 1 Exceptions Processing Solution at BAI Payments Connect

ORLANDO, Fla. (SEND2PRESS NEWSWIRE) — CONIX Systems, a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exceptions management tools, will showcase Xcept, its Day 1 exceptions processing solutions, at the BAI Payments Connect Conference in Kissimmee, Fla., March 1-3 (booth 604).

Jobs Bill Tax Credit Not Enough: More Small Businesses Turn to Business Cash Advances

CORAL SPRINGS, Fla. (SEND2PRESS NEWSWIRE) — The jobs bill approved by the U.S. Senate includes a tax credit meant as a hiring incentive for small business. But small businesses say it’s not enough. With many struggling to meet payroll while revenue is down, hiring a new employee in return for a few thousand dollars is not feasible or smart. Businesses are turning instead to small business financing and cash advance providers like Business Cash Advance to stay alive.

TTI Wins Large WinCall Call Accounting Client

WALNUT CREEK, Calif. (SEND2PRESS NEWSWIRE) — TeleManagement Technologies, Inc. (TTI), the leader in Telecom Expense Management (TEM) software solutions (WinBill) and Enterprise Call Accounting and CDR reporting software solutions (WinCall), is pleased to announce that they have been selected by a major New York based Financial Institution to deliver WinCall Call Accounting solution to 50 locations covering NEC, Nortel and Cisco PBX switches both analog and VoIP.

Tax Reminder: Double Incentives for Long Term Care Insurance in Many States

MANHASSET, N.Y. (SEND2PRESS NEWSWIRE) — Many Americans with long-term care insurance are learning Uncle Sam may give them a hefty deduction for their premiums; but many fail to realize their state may grant an additional deduction or credit. ‘If you can double your money, so to speak, why not do it,’ says Gene Cutler, Manhasset, New York-based agent for LTC Financial Partners LLC (LTCFP), one of the nation’s most experienced long term care insurance agencies.

Inlanta Mortgage Selects IDS idsDoc Document Preparation Solution

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — Inlanta Mortgage recently chose International Document Services (IDS) to produce closing documents and provide initial disclosure services for its nine-state mortgage banking business. With 25 branches and more than 135 employees in Wisconsin, Illinois, Indiana, Iowa, Florida, Michigan, Minnesota, Missouri and North Dakota, the Waukesha, Wis.-based lender had $550 million in 2009 loan volume.

Print Electronics Delivers SecuGen Hamster IV to Indian eGovernance Initiative, 100 Million Fingerprints Enrolled

SANTA CLARA, Calif. (SEND2PRESS NEWSWIRE) — SecuGen, the world’s leading optical fingerprint device vendor, is pleased to announce that Print Electronics, working with a local integrator partner, has successfully delivered and implemented the SecuGen Hamster IV, a fully FIPS 201 / PIV-compliant fingerprint reader, into the Tamil Nadu Health Insurance Scheme (TNHIS).

Predicted 2010 Credit Squeeze Means More Business Cash Advances

CORAL SPRINGS, Fla. (SEND2PRESS NEWSWIRE) — With forecasters predicting another tight credit market in 2010, business owners are learning the new realities of small business financing. They will pursue every option they can, even methods they wouldn’t have considered a few years ago, says Business Cash Advance.

SmartStops.net Launches Reentry Service to Accompany its Portfolio Risk Monitoring and Alert Services

PALO ALTO, Calif. (SEND2PRESS NEWSWIRE) — SmartStops announced today the launch of its much anticipated Reentry Service. Designed as a companion service to the SmartStop Risk Alerts, the addition of the Reentry Service makes it easier than ever for investors of all levels to easily identify and sidestep periods of abnormal risk.

Tax Reminder: A Big Portion of Your Long Term Care Insurance Premiums May Be Deductible

KIRKLAND, Wash. (SEND2PRESS NEWSWIRE) — Want to keep more of your money in these challenging times? Then check with your tax advisor if you have long term care insurance. You may be able to deduct a big chunk of your 2009 premiums. What if you don’t have long term care insurance? Then consider getting it NOW to lock in tax benefits next year. Uncle Sam may in effect pick up the tab for much of your premiums for 2010. This reminder comes from LTC Financial Partners LLC (LTCFP), one of the nation’s most experienced long term care insurance agencies.

Del Mar DataTrac Signs Three Lenders for Commission Management Tool

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, has added three lenders for DataTrac Commission. Formerly referred to as CommissionTrac, DMD’s commission management tool helps lenders maintain commission accuracy, and accountability for RESPA-related fee compliance.

Haiti Aid Brings Tax Relief to Americans

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — Whether it’s text donations, celebrity telethons, or gifts of food and clothing, Americans’ generous giving and support to relief efforts in Haiti has been front and center in the headlines. To make the most of your earthquake relief donations and take advantage of the special tax breaks freshly enacted by Congress, consider these tips provided by the American Institute of Certified Tax Coaches, Inc.

Three Little Pigs Tackle Ben Bernanke – New Children’s Picture Book Explains US Federal Reserve and Economic Downturns

BOSTON, Mass. (SEND2PRESS NEWSWIRE) — Smoked Goldeye Press today announced the release of a children’s picture book that aims to explain how new money from the Federal Reserve inadvertently causes cycles of economic downturns in the United States economy – something embattled Fed chairman Ben Bernanke would rather people not know about, says the author. In 32 color illustrated pages ‘The Scary Story of the Three Little Pigs and the Big Bad Box of Free Money’ (ISBN: 9780615337432) attempts to simplify the complexity of central bank monetary policy.

The Evolution of Lending: BusinessCashAdvance Creates Economic Stimulus Product

CORAL SPRINGS, Fla. (SEND2PRESS NEWSWIRE) — More and more financial institutions are tightening belts when it comes to lending money. That’s why the concept of receivables-based lending has evolved and become a more viable option for small businesses than in the past. BusinessCashAdvance, ‘where businesses go to grow,’ is a prime example of how the lending climate is changing.

IDS President Says RESPA Delay Not Reflected in Investor Requirements; Sees Need for Common Sense Adjustments to Mortgage Lending Regulations

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — Curt Doman, president of International Document Services Inc. (IDS), a mortgage document preparation vendor for closing docs, initial disclosures and reverse documents, calls for common sense to guide new 2010 regulations in light of persistent difficulties with RESPA interpretation and compliance. The IDS flagship solution, idsDoc, is the doc prep solution of choice for mortgage lenders and attorneys requiring customized closing documents.

Titan Lenders Corp Offers Broker-to-Banker Webinar for Community Bank Mortgage Lenders

DENVER, Colo. (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp has launched an educational webinar series for community banks considering the advantages of transitioning from mortgage lending as a broker to mortgage banker. Two February webinars have been scheduled for February 2 and February 16, 2010 at 11 a.m. EST. Community banks that want to participate in the Titan Lenders Corp webinar entitled ‘Transitioning from Broker to Banker.’