Finance News - Page 81

Page 81 of Finance News issued by the Send2Press® Newswire service.



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.

EPIC creates ‘Panda-monium’ in the Insurance Business

ATLANTA, Ga., March 10, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage, and employee benefits consultant, announced that they have added Panda Mortality and Transit Insurance to a growing list of specialty risk management products and consulting services that the rapidly growing national firm provides.

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.

Weitz & Luxenberg Probes Lumber Liquidators Toxic Flooring Claims

NEW YORK, N.Y., March 5, 2015 (SEND2PRESS NEWSWIRE) — A ’60 Minutes’ expose this week of Lumber Liquidators, alleging the home-improvements corporation made profits by selling laminate flooring that emits harmful levels of formaldehyde, prompted Weitz and Luxenberg P.C. to announce today it is investigating claims from consumers who purchased the hazardous Chinese-made product.

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.

Weitz & Luxenberg’s Anthem Data Breach Lawsuit Helps Kids, Too

LOS ANGELES, Calif., Feb. 25, 2015 (SEND2PRESS NEWSWIRE) — The Anthem Inc. data breach class action lawsuit brought this month by Weitz and Luxenberg, P.C. seeks to protect tens of millions of children – and not just adults – affected by the health insurance giant’s massive loss of sensitive confidential records, the New York-based law firm today announced.

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.

iFOS Awarded EPA Grant Monitoring and Technical Assistance 5-Year Contract

COLUMBIA, Md., Feb. 24, 2015 (SEND2PRESS NEWSWIRE) — iFOS today announced it has received award notification to conduct Grant Monitoring Reviews and Technical Assistance at the United States Environmental Protection Agency (EPA). The contract is a firm fixed price contract with a five-year performance period.

OpenClose Adds Industry Veteran Will Foy to its Growing Team of Technical Staff (*CORRECTED*)

WEST PALM BEACH, Fla., Feb. 24, 2015 (SEND2PRESS NEWSWIRE) — OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that it hired Will Foy as integration manager. In this role, he will be responsible for client integrations, project management, quality assurance and testing, the application of agile technology methods, and business analysis and solution crafting. (*CORRECTED*)

Quandis Unveils QLS, a Comprehensive Default Management Platform

FOOTHILL RANCH, Calif., Feb. 19, 2015 (SEND2PRESS NEWSWIRE) — Quandis, Inc., a leading provider of default servicing software, announced that it launched Quandis Loan Servicing (QLS), an end-to-end default management platform that automates and compliantly manages the default process from start to finish. QLS is offered as an all-in-one system and also as modules so various components can be leveraged by servicers based on individual needs.

ARMCO to Present QC Benchmarking Tool ACES Analytics at MBA Technology Conference’s First-Ever Tech Showcase

POMPANO BEACH, Fla., Feb. 18, 2015 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), a leading provider of web-based quality control software for the financial services industry, announced it has been selected to present during the inaugural ‘Technology Showcase. at the Mortgage Bankers Association’s (MBA’s) National Technology in Mortgage Banking Conference and Expo 2015 in Orlando.

Anthem Data Breach Sparks Class Action Lawsuit, Weitz & Luxenberg Announces

LOS ANGELES, Calif., Feb. 18, 2015 (SEND2PRESS NEWSWIRE) — Weitz and Luxenberg, P.C., today announced the filing of a class action lawsuit against the nation’s second-largest health insurer, Indianapolis-based Anthem Inc., following disclosure earlier this month that the private information of 80 million Anthem customers was stolen in a massive online data breach.

MorVest Capital Says Recent Changes on FHA Loans Will Impact Mortgage Servicing Rights Fair Value

DALLAS, Texas, Feb. 18, 2015 (SEND2PRESS NEWSWIRE) — MorVest Capital, a specialized investment firm focused on providing strategic capital and analytics solutions to the mortgage banking and residential finance industry, is drawing mortgage servicers’ attention to the impact two recent changes will have on mortgage servicing rights fair value for FHA loans.

DocMagic Integration Supports MERS eRegistry

TORRANCE, Calif., Feb. 17, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry, announced that the firm has now completed its integration with the MERS(R) eRegistry, making it one of only a few industry vendors to integrate with the widely used system.

Tax Puzzle: Millions Expected to Forego Deductions as High as $4,750 for Long-Term Care Insurance

KIRKLAND, Wash., Feb. 17, 2015 (SEND2PRESS NEWSWIRE) — Every year 10’s of millions pass up a few hundred to a few thousand dollars – tax deductions for owning long-term care insurance. How come? Four sales leaders with ACSIA Partners point to psychological obstacles and suggest ways around them. ACSIA Partners is one of America’s largest long-term care insurance agencies.

ReverseVision Taps Wendy Peel as VP of Sales/Marketing

SAN DIEGO, Calif., Feb. 12, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading software and technology provider for the reverse mortgage industry, announced seasoned sales/marketing executive Wendy Peel has joined the company as its vice president of sales and marketing. In this position, Wendy will be responsible for managing the ReverseVision brand, working with product development on system enhancements and broadening ReverseVision brand awareness among forward lenders and financial planners.

Consumer-Friendly Website Launched by Recognized Expert on Long Term Care Insurance Planning

CHICAGO, Ill., Feb. 12, 2015 (SEND2PRESS NEWSWIRE) — Matt McCann, one of the nation’s leading experts on Long Term Insurance, has launched a new educational website which will allow consumers to learn more about this important retirement planning topic.

DocMagic Implements MISMO Version 3.3 in Support of the TILA-RESPA Integrated Disclosure Rule

TORRANCE, Calif., Feb. 11, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the mortgage industry’s leader in compliant loan document preparation and driver of complete eMortgage adoption, announced that its entire solution set now adheres to version 3.3 of the Mortgage Industry Standards Maintenance Organization (MISMO) Reference Model.

IDS Promotes Mark Mackey to CEO of Mortgage Doc Prep Firm

SALT LAKE CITY, Utah, Feb. 10, 2015 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has promoted former Executive Vice President Mark Mackey to chief executive officer.

Bank of Southern California Successfully Raises $7.2 Million in Capital

SAN DIEGO, Calif., Feb. 9, 2015 (SEND2PRESS NEWSWIRE) — Bank of Southern California (OTCQB:FBBN / OTCMKTS:FBBN) (the ‘Bank’) announced today that it completed a private placement of approximately $7.2 million of its common stock, positioning the Company to grow its Southern California Franchise.

ARMCO Adds Advanced Reporting Capabilities to Mortgage Quality Control Software Via Tableau

POMPANO BEACH, Fla., Feb. 4, 2015 (SEND2PRESS NEWSWIRE) — ARMCO – ACES Risk Management, a leading provider of web-based quality control software for the financial services industry, announced it has enhanced the reporting capabilities of ACES Web Audit Technology(TM) through an innovative integration with Tableau Software, a global leader in rapid-fire, easy-to-use business analytics software.

Kent Collier Joins Greyling Insurance Brokerage and Risk Consulting – a Division of EPIC

SAN FRANCISCO, Calif., Feb. 3, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Kent Collier, J.D., LEED AP BD+C, has joined the firm’s Greyling Insurance Brokerage Division as an associate client manager. Greyling is a highly regarded specialty insurance broker and risk management consulting team serving architects, engineers, contractors, environmental service firms and law firms across the country.

Titan Doubles Down on Mortgage Quality Assurance Offerings for Investors, Servicers in 2014

DENVER, Colo., Feb. 3, 2015 (SEND2PRESS NEWSWIRE) — Mortgage services expert Titan Lenders Corp. (Titan) announced that 2014 was one of its most successful years to date for both Titan and its correspondent investment subsidiary Titan Capital Solutions (TCS).

National Mortgage Professional Magazine Names MCT’s Phil Rasori to its Annual Top 40 Under 40 List

SAN DIEGO, Calif., Jan. 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 its COO, Phil Rasori, was named one of the Top 40 Most Influential Mortgage Professionals Under 40 by National Mortgage Professional magazine. Rasori earned a spot on the list largely for his lead role in architecting and launching MCTlive!(TM).

Texas A&M University-Commerce Selects Regent Education’s Financial Aid Management Solution, Regent 8

COMMERCE, Texas, Jan. 27, 2015 (SEND2PRESS NEWSWIRE) — Texas AandM University-Commerce has selected Regent Education’s financial aid management solution, Regent 8, to support the administration of financial aid for the state’s first competency-based degree offered by a public university. The program is entitled the Texas Affordable Baccalaureate.

Energy Optimizers, USA sells lighting affiliate Lighting Optimizers, USA to focus on core business

TIPP CITY, Ohio, Jan. 26, 2015 (SEND2PRESS NEWSWIRE) — The owners of Energy Optimizers, USA have sold its affiliate company, Lighting Optimizers, USA, to Eco Engineering. This decision was made to ensure continued world-class service for Energy Optimizers’ clients, while allowing the company to focus on and expand its core business of vendor-neutral energy efficiency projects for the educational, governmental, commercial and industrial markets.

Leading Long-Term Care Insurance Agency Doubles Worksite Sales

KIRKLAND, Wash., Jan. 22, 2015 (SEND2PRESS NEWSWIRE) — Today ACSIA Partners, one of America’s largest long-term care insurance agencies, reports 2014 sales of approximately $5 Million for its Worksite Division, up 100 percent from 2013. ‘Double in just one year! For us, that’s huge,’ says Dan Cahn, Senior Vice President, who heads the worksite operation.

EPIC adds Southeast Region Employee Benefits Consultants Joe Salome and Barbara Scales

ATLANTA, Ga., Jan. 13, 2015 (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Joe Salome and Barbara Scales have joined the firm’s Employee Benefits Consulting team in Atlanta.

ARMCO Selects Phil McCall as Chief Operating Officer

POMPANO BEACH, Fla., Jan. 7, 2015 (SEND2PRESS NEWSWIRE) — ARMCO – ACES Risk Management, a leading provider of web-based audit technology for the financial services industry, has announced it has hired seasoned mortgage quality control expert Phil McCall as chief operating officer. McCall brings more than 20 years of experience in quality control, loan origination and underwriting, mortgage fraud, loss and litigation and real estate-based transactions.

EPIC adds key team members in Birmingham, Alabama

SAN FRANCISCO, Calif., Jan. 5, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Aimee Sapp, Kelly Chapple, Heather Perdue and Mark McInnis have all joined Crawford McInnis, Brian Tanner, Wilson Long and Andy D’Entremont as part of EPIC’s Birmingham-based National Energy Construction Practice.

Titan Lenders Corp. Closes General Fulfillment Division, Exiting Retail Support in Favor of Investors

DENVER, Colo., Dec. 30, 2014 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) announced it will exit its retail general fulfillment service offering, which includes contract underwriting, closing, funding and post-closing for retail mortgage lenders, effective Jan. 31.

Philadelphia Business Journal Honors Jody Collup with Women of Distinction Award

LANSDALE, Pa., Dec. 16, 2014 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of Web-based compliant valuation management software, announced that the Philadelphia Business Journal (PBJ) presented its vice president of marketing, Jody Collup, with the highly regarded Women of Distinction award.

EPIC adds Shelley Dawson, Jon Greenstein and John Gaffney to National Employer Services Platform

SAN FRANCISCO, Calif., Dec. 11, 2014 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Shelley Dawson, Jon Greenstein and John Gaffney have joined the firm in San Francisco.

Five Reasons to Give Yourself the Holiday Gift of Long-Term Care Insurance

KIRKLAND, Wash., Dec. 10, 2014 (SEND2PRESS NEWSWIRE) — If you’re 50-plus, Denise Gott has some holiday advice for you. ‘Consider giving yourself the gift of long-term care insurance,’ she says. ‘It just might lift your spirits during the gift-giving season.’ Gott is CEO of ACSIA Partners, a leader in long-term care planning.

DocMagic Acquires Doc-Tech Corp., Further Establishing Market Dominance

TORRANCE, Calif., Dec. 9, 2014 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that it has acquired the assets of Doc-Tech Corporation, dba Document Express, a boutique document preparation company known for its exceptional customer service. The acquisition comes on the heels of DocMagic completing the purchase of award-winning eSignSystems in October.

Pacific Union Financial Signs with OpenClose to Automate its Wholesale Lending Channel

WEST PALM BEACH, Fla., Dec. 9, 2014 (SEND2PRESS NEWSWIRE) — OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that Pacific Union Financial, LLC signed with the company to implement its multi-channel, 100 percent browser-based LOS platform, LenderAssist(TM). The comprehensive solution will automate Pacific Union Financial’s wholesale lending functions from start to finish and establish complete data control and visibility over processes.

Mid America Mortgage to Integrate Affinity Lending Solutions

ADDISON, Texas, Dec. 3, 2014 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) owner and Chief Executive Officer Jeff Bode, and Houston-based Affinity Lending Solutions, LLC (Affinity), president and Chief Executive Officer Scott R. Valby, today announced their intention to integrate Affinity’s production operations and branch network into Mid America’s mortgage platform.

TeamSnap Acquires Rostering Mobile App HomeTeam

BOULDER, Colo., Dec. 3, 2014 (SEND2PRESS NEWSWIRE) — TeamSnap, used by 7 million people around the world to coordinate their sports and other ongoing group activities, today announced it has completed the acquisition of HomeTeam, a mobile app used to organize team rosters, schedules and contacts, developed by Silicon Valley’s Crescent Computing. Terms of the transaction were not disclosed.