San Diego Business News

News from San Diego, California (CA) USA – San Diego business news, as issued by the Send2Press Newswire service.


ReverseVision Lowers Lenders’ Costs to Originate Reverse Mortgages with Restructured Technology Plans and Pricing

SAN DIEGO, Calif., Jan. 14, 2021 (SEND2PRESS NEWSWIRE) — ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has restructured its technology plans and pricing matrix to ease lenders’ entry into reverse lending and support their success.

Denial of Coverage for Gender-Affirming Care Declared Unlawful

SAN DIEGO, Calif., Jan. 6, 2021 (SEND2PRESS NEWSWIRE) — TransFamily Support Services (transfamilysos.org) today announced a milestone victory in the organization’s mission to build a world where all genders are accepted and treated equally.

ReverseVision Announces New CEO Joe Langner

SAN DIEGO, Calif., Jan. 4, 2021 (SEND2PRESS NEWSWIRE) — ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced the promotion of its president Joe Langner to president and chief executive officer. In this expanded role, Langner will lead ReverseVision’s mission to empower America’s seniors to use home equity as part of retirement finance.

MCT’s Sarah Hellman Selected as Finalist for San Diego Business Journal’s 2020 Business Women of The Year

SAN DIEGO, Calif., Dec. 21, 2020 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced that Senior Trader, Sarah Hellman, was selected as one of the finalists for San Diego Business Journal’s 2020 Business Women of the Year.

ReverseVision’s Wendy Peel Named a PROGRESS in Lending Trailblazers Award Recipient for Sales and Marketing Leadership

SAN DIEGO, Calif., Dec. 21, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that PROGRESS in Lending Association has honored company Vice President of Sales and Marketing Wendy Peel with its Trailblazers award.

Paramount Property Tax Appeal Offers Free Evaluation to Affluent Homeowners and Business Property Owners, RE: ‘Tax-Reduction Solutions & Overcoming Changes to Tax Laws’

SAN DIEGO, Calif., Dec. 16, 2020 (SEND2PRESS NEWSWIRE) — Now that California Proposition 19 has passed, Wes Nichols, president of Paramount Property Tax Appeal Service in San Diego has decided to offer a free evaluation to affluent families, business property owners and homeowners who are transferring property to heirs or simply wish to lower their property taxes, or appeal their tax bill.

MCTlive! Pool Optimizer Technology Sets New Bar for Best Execution Loan Sales

SAN DIEGO, Calif., Dec. 3, 2020 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, debuted upgraded MCTlive! Pool Optimizer functionality at its MCT Exchange client conference last month. The technology enables secondary marketing managers to use actual cash window execution for optimization on each individual loan rather than using a dealer survey for spec pay-ups.

ReverseVision Supports HECM Lenders’ Transition from LIBOR to CMT Index, Updates Documents to Facilitate Index Migration

SAN DIEGO, Calif., Nov. 17, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has updated all documents that reference an index to support both the Constant Maturity Treasury (CMT) and London Interbank Offer Rate (LIBOR) indexes.

Paramount Property Tax Appeal Offers Free Consultation to California Property Owners, RE: ‘Tax-Reduction Solutions & Overcoming Changes Limiting Tax Breaks’

SAN DIEGO, Calif., Nov. 12, 2020 (SEND2PRESS NEWSWIRE) — Wes Nichols, president of Paramount Property Tax Appeal Service, is reminding California property owners that property tax relief will be severely limited by changes to the Proposition 58 Parent-to-Child Exemption, as Prop 19 will soon become law.

Consumer Advocates for RFCE Reform (CARR) to Cease Operations October 31

SAN DIEGO, Calif., Oct. 16, 2020 (SEND2PRESS NEWSWIRE) — Consumer Advocates for RFCE (Residential Care Facilities for the Elderly) Reform (CARR), a San Diego-based nonprofit, announces it is closing its doors effective October 31, 2020. Founded in 2009, CARR has been California’s only consumer advocacy organization focused exclusively on residential care facilities for the elderly (RCFEs), working to improve the aging experience through advocacy and education.

MCT’s Business Intelligence Platform Gives Lenders Competitive Advantage with Actionable Insights and Data

SAN DIEGO, Calif., Sept. 9, 2020 (SEND2PRESS NEWSWIRE) — MCT announced the upcoming launch of their Business Intelligence Platform, a powerful web-based analytics platform designed to empower lenders to understand the market, optimize their loan sales, and improve performance relative to their peers. The platform will be officially released and demonstrated during an MCT client webinar on October 15, 2020 at 11 a.m. PT/PDT.

MCT’s Leslie Winick wins HousingWire Vanguard Award 2020

SAN DIEGO, Calif., Oct. 5, 2020 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), an industry-leading mortgage hedge advisory firm and developer of MCTlive!(R), announced that its Chief Strategy Officer, Leslie Winick, has been designated to HousingWire’s Vanguard Award list for 2020.

ReverseVision President Joe Langner Honored as 2020 HousingWire Vanguard Award Recipient

SAN DIEGO, Calif., Oct. 1, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading technology provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that company President Joe Langner has been named a 2020 HousingWire (HW) Vanguard award winner.

Dr. Wellness PPE and Vending Pharmacy Kiosks Launch at San Diego State University

SAN DIEGO, Calif., Sept. 23, 2020 (SEND2PRESS NEWSWIRE) — Dr. Wellness Kiosks, LLC announced today that they have launched their PPE and Vending Pharmacy Kiosks at San Diego State University. Amid the spread of new coronavirus cases on recently opened college campuses, San Diego State University took another step in prevention by providing Dr. Wellness PPE and Vending Pharmacy Kiosks across the campus.

ReverseVision VP Wendy Peel Selected for a Most Powerful Women in Fintech Award by PROGRESS in Lending Association

SAN DIEGO, Calif., Sept. 9, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced that company Vice President of Sales and Marketing Wendy Peel has been recognized as a Most Powerful Women in Fintech award honoree by PROGRESS in Lending Association.

Green Kid Crafts launches Kitchen Table STEAM to Support Families This Fall

SAN DIEGO, Calif., Sept. 8, 2020 (SEND2PRESS NEWSWIRE) — As families transition from summer activities to virtual, in-person, or hybrid schooling this fall, many caregivers are concerned about providing their children with activities that are fun and educational. Green Kid Crafts, a subscription box service centered on STEAM and nature-based activities, launched their Kitchen Table STEAM program on September 2 to give families extra support this fall.

ReverseVision Partners with Mortgage Bankers Association to Articulate the Business Case for HECM Lending in September 10 Webinar

SAN DIEGO, Calif., Sept. 2, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading Home Equity Conversion Mortgage (HECM) and private reverse lending platform, today announced it will co-host a webinar with the Mortgage Bankers Association (MBA) to dispense HECM myths and educate mortgage lenders on the business case for incorporating HECMS into their lending portfolio.

ReverseVision Taps Credit Union Veteran Justin Burns as VP Operations, Invests in Platform Enhancements with Hire of Two Senior Software Engineers

SAN DIEGO, Calif., Aug. 26, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading Home Equity Conversion Mortgage (HECM) and private reverse lending platform, today announced the hire of credit union veteran Justin Burns as VP operations, and Senior Software Engineers Aron Weiler and Alan Gutierrez.

Uncertainty Due to Short-Notice FHFA Directive Amplifies Harm to Borrowers

SAN DIEGO, Calif., Aug. 14, 2020 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory firm, analyzed the potential effect of Wednesday’s fifty basis points worsening in prices paid by Fannie Mae and Freddie Mac for most mortgage refinances.

MCT Fortifies Its Team of Mortgage Industry Leaders Before 2020 Market Volatility

SAN DIEGO, Calif., Aug. 5, 2020 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it appointed two mortgage industry veterans in early 2020 which strengthen its support to the capital markets community during the worldwide pandemic and associated financial turbulence.

ReverseVision President Joe Langner Lauded as Mortgage Technology Thought Leader by PROGRESS in Lending Association

SAN DIEGO, Calif., June 24, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced that company President Joe Langner has been honored as a mortgage technology Thought Leader by PROGRESS in Lending Association.

ReverseVision Taps Carissa Orozco as Director of Business Development, Strategic Partners

SAN DIEGO, Calif., June 18, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced the appointment of Carissa Orozco as director of business development, strategic partners.

ReverseVision’s Wendy Peel Honored by NEXT Mortgage Events’ Inaugural Awards Program

SAN DIEGO, Calif., June 12, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Vice President of Sales and Marketing Wendy Peel has been named a NEXT Mortgage Events (NEXT) 50 Over 50 honoree.

Local San Diego company distributes PPE nationwide to hospitals and government agencies in need during the coronavirus pandemic

SAN DIEGO, Calif., May 29, 2020 (SEND2PRESS NEWSWIRE) — A local San Diego company, The PPE Supply Co., plays a significant role in getting hospitals and government agencies the PPE they need. Located in San Marcos, California the company began in an attempt to help during the coronavirus crisis.

Record Early Enrollment for Lower Extremity Fellows, Residents & Young Surgeon 3rd Annual Course

SAN DIEGO, Calif., May 21, 2020 (SEND2PRESS NEWSWIRE) — Magnifi Group, Inc. and Bespa Global, LLC, co-organizers of the program, announced today that despite the change of date for its 3rd Annual Lower Extremity IEP Fellows, Residents and Young Surgeons Course it is still experiencing record early registration. The course, originally scheduled for May 1-3 will take place from Nov. 6-8, 2020 at The Omni Downtown, Austin, Texas.

Record Early Spine Fellows & Young Surgeon Enrollment for 10th Annual November Spine IEP Course

SAN DIEGO, Calif., May 12, 2020 (SEND2PRESS NEWSWIRE) — Magnifi Group, Inc., announced today it is experiencing record early registration for its 10th Annual Spine IEP Fellows & Young Surgeons’ Course (Spine Interactive Educational Program). The course will be conducted November 20-22 at The Fairmont Hotel, Austin, Texas.

Bank of Southern California NA Funds More Than $487.8 Million in PPP Loans

SAN DIEGO, Calif., May 11, 2020 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today that it has funded more than $487.8 million in Paycheck Protection Program (PPP) loans. These results, as of 9:30 p.m. PDT on May 7, 2020, provided 1,940 local businesses affected by the Coronavirus (COVID-19) with critical financing to retain or restore jobs for 51,523 individuals.

Bank of Southern California, N.A. Announces Q1 2020 Results and Response to Pandemic

SAN DIEGO, Calif., May 5, 2020 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the first quarter ended March 31, 2020. Total assets increased to $852 million at March 31, 2020, up from $830 million in the prior quarter and an increase of 10.8% compared to March 31, 2019.

In-Home Care Company Implements Innovative OverSightMD Inc. Solution to Protect Caregivers and Clients During COVID-19 Pandemic

SAN DIEGO, Calif., May 4, 2020 (SEND2PRESS NEWSWIRE) — ComForCare Home Care North County San Diego, a leading provider of in-home care services, has partnered with OverSightMD Inc., the leader in employee & patient population oversight, to deliver daily employee and patient wellness screenings that can help to detect symptoms of COVID-19 and other communicable disease infections.

Bank of Southern California, NA and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Changes to Merger Agreement

SAN DIEGO and RANCHO SANTA MARGARITA, Calif., April 29, 2020 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced that they have renegotiated the terms of their merger and have agreed to amend the initial Definitive Agreement announced on October 21, 2019 following shareholder meetings held on April 22, 2020.

CIENCE Debuts at #31 in The Financial Times Americas’ Fastest Growing Companies 2020

SAN DIEGO, Calif., April 14, 2020 (SEND2PRESS NEWSWIRE) — The Financial Times announced the inaugural listing of the fastest-growing privately-held companies in the Americas, and lead generation company CIENCE Technologies placed No. 31 out of 500 companies measured.

Nationwide Equities Taps ReverseVision Private Program Support to Launch ‘EquityPower’ Private Reverse Mortgage Program

SAN DIEGO, Calif., April 14, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Nationwide Equities Corporation (Nationwide Equities) has leveraged ReverseVision’s private product support to launch its own private reverse mortgage program, EquityPower.

Magnifi Group Releases COVID-19 Course for Medical Professionals in Hospital Setting

SAN DIEGO, Calif., April 13, 2020 (SEND2PRESS NEWSWIRE) — Magnifi Group, Inc., a global leader in dynamic online training solutions through its FDA-Compliant Learn-WiseGo eLearning Platform, has released its COVID-19 course at no cost to its global client base and is available for public purchase.

ReverseVision Names Mortgage Technology Veteran Joe Langner President

SAN DIEGO, Calif., March 11, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced the appointment of Joe Langner as president. Langner will lead the company to achieve its strategic vision of establishing HECM and private reverse mortgages as lending portfolio staples alongside traditional and government loans.

Lyme Disease Biobank Expands Into San Diego

SAN DIEGO, Calif., March 6, 2020 (SEND2PRESS NEWSWIRE) — Bay Area Lyme Foundation, a leading sponsor of Lyme disease research in the U.S., announces the opening of the San Diego collection site of the Bay Area Lyme Foundation’s Lyme Disease Biobank, which is the first program to provide researchers with blood and urine samples from people with early Lyme disease from multiple endemic regions across the country.

ReverseVision Named 2020 HW Tech100 Mortgage Company for Fifth Year

SAN DIEGO, Calif., March 3, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has been named a HousingWire (HW) Tech100 Mortgage company for a fifth year. (UPDATED)

Leo Hamel Fine Jewelry & Engagement Rings Store Director of Sales, Teri Ramirez Celebrates 26 Years and $50M in Sales

SAN DIEGO, Calif., Feb. 18, 2020 (SEND2PRESS NEWSWIRE) — This month our Director of Sales, Teri Ramirez, celebrates two major milestones in her career. Not only has she been a valued member of the Leo Hamel Fine Jewelers family for 26 years, but she has also reached the $50 million mark in sales!

Registration Open for The First Ever San Diego Truck Pull to Support Move For Hunger

SAN DIEGO, Calif., Feb. 3, 2020 (SEND2PRESS NEWSWIRE) — Move For Hunger announced today that registration is open for its first-ever San Diego Truck Pull fundraiser. The event, in which teams of 5-10 will compete to see who can pull an eight ton truck 100 feet in the fastest time, will be held at AleSmith Brewing Company, San Diego, on Saturday, Feb. 29.

Bank of Southern California N.A. Announces Fourth Quarter and Year End 2019 Results

SAN DIEGO, Calif., Jan. 29, 2020 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the fourth quarter ended December 31, 2019. Total assets ended the year at $830 million at December 31, 2019, an increase of 8.1% compared to December 2018. Total loans increased 6.6% to $677 million and total deposits increased 7.0% to $672 million compared to the prior year as well.

OptifiNow Leverages ReverseVision API to Streamline Reverse Loan Origination at Open Mortgage

SAN DIEGO, Calif., Jan. 15, 2020 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced their recently released Loan Import API has been leveraged by OptifiNow for mutual lender client Open Mortgage.