San Diego Business News

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


We Inspect Acquires Certified Mold Inspections and The Mold Guy: Customers Benefit

SAN DIEGO, Calif., Feb. 1, 2023 (SEND2PRESS NEWSWIRE) — We Inspect, LLC, a global mold inspection, consulting and health technology company, recently acquired Certified Mold Inspections and The Mold Guy. Its acquisitional goal is to unify these individually-owned family businesses under one name and to better serve the community as a whole.

MCT First to Integrate with Freddie Mac’s Income Limits API

SAN DIEGO, Calif., Jan. 24, 2023 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, is pleased to announce it is the first secondary marketing platform to integrate with Freddie Mac’s Income Limits application programming interface (API) created for the first-time home buyer area median income (AMI) limits. Income Limits allows for the accurate pricing of Credit Fee in Price (Exhibit 19, or “Credit Fees”) waivers.

TMC Emerging Technology Fund LP Invests in TRAiNED

SAN DIEGO, Calif., Jan. 12, 2023 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the “Fund”) recently participated in a $1 million Simple Agreement for Future Equity (SAFE) funding round for TRAiNED, Inc.

MCTlive! Lock Volume Indices: December 2022 Data

SAN DIEGO, Calif., Jan. 5, 2023 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for December 2022. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.

MCTlive! Lock Volume Indices: November 2022 Data

SAN DIEGO, Calif., Dec. 5, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for November 2022. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.

MCT Launches BAMCO: Co-issue Loan Sale Marketplace for Shadow Pricing and Unique Executions

SAN DIEGO, Calif., Nov. 17, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced the release of BAMCO, a new marketplace for co-issue loan sales. Co-issue loan sales, also known as flow-based mortgage servicing rights (MSR) sales, are a three-way transaction involving the sale of loans to one of the agencies with a simultaneous sale of the MSRs to a separate third party.

MCT Expands Investor Services Team by Appointing Jennifer Kennelly as Senior Director

SAN DIEGO, Calif., Nov. 8, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), a recognized industry leader in mortgage risk management providing pipeline hedging, best execution loan sales, and centralized lock desk services, announced today that Jennifer Kennelly has been appointed as the new Senior Director of MCT’s quickly expanding Investor Services team.

MCTlive! Lock Volume Indices: October 2022 Data

SAN DIEGO, Calif., Nov. 3, 2022 (SEND2PRESS NEWSWIRE) — MCT®, the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for October 2022. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.

New Animation Project Tackles Misinformation, Vaccines for Media Literacy Week

SAN DIEGO, Calif., Oct. 18, 2022 (SEND2PRESS NEWSWIRE) — Founded by two black doctors who tired of watching patients who looked like them die sicker and younger, Welfie is launching “Booster Troop,” a fun health media literacy initiative that helps underserved children better spot misinformation. It launches October 24 for Media Literacy Week, and it includes a 7-minute animated episode in both English and Spanish, a lesson plan, and other classroom materials. Welfie provides culturally competent health and mental health education and care coordination to schools.

San Diego Business Journal Again Names MCT® As Best Places To Work 2022

SAN DIEGO, Calif., Oct. 7, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), an industry-leading capital markets advisory firm, announced that it has been named Best Places to Work 2022 by the San Diego Business Journal (SDBJ). MCT was ranked number seven in the medium-sized company category (50 – 249 U.S. employees). This award is designed to identify, recognize, and honor the best places of employment in San Diego that benefit the county’s economy, workforce, and local businesses.

MCTlive! Lock Volume Indices: September 2022 Data

SAN DIEGO, Calif., Oct. 6, 2022 (SEND2PRESS NEWSWIRE) — MCT®, the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for September 2022. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.

MCTlive! Lock Volume Indices: August 2022 Data

SAN DIEGO, Calif., Sept. 7, 2022 (SEND2PRESS NEWSWIRE) — MCT®, the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for August 2022. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels. (UPDATED)

INC. 5000 Ranks MCT® On Its 2022 Fastest Growing Private Companies List For 11th Time

SAN DIEGO, Calif., Sept. 2, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced that Inc. 5000 named MCT to its 2022 list of winners for the nation’s fastest-growing private companies. MCT ranked number 4713 with three-year sales growth of 90% percent. This is the second year in a row that MCT made Inc. 5000’s list and the company’s 11th year making the list since its inception.

TMC Emerging Technology Fund LP Invests in Willow Servicing

SAN DIEGO, Calif., Aug. 31, 2022 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the “Fund”) recently participated in a $6 million seed round for Willow Servicing. The round was led by Thomvest Ventures, with participation from Global Asset Capital, Webb Investment Network and Zigg Capital.

MCTlive! Capital Markets Platform Becomes First to Integrate with Freddie Mac’s Cash Settlement Purchase Statement API

SAN DIEGO, Calif., Aug. 18, 2022 (SEND2PRESS NEWSWIRE) — MCT’s award-winning capital markets platform, MCTlive!, is the first to integrate with Freddie Mac’s Cash Settlement Purchase Statement API. This API connection allows MCT Mark-to-Market and Hedge Accounting Reports to be updated with Freddie Mac purchase data directly, instead of waiting to run reports through a Loan Origination System (LOS). (UPDATED)

Mortgage Women Magazine Names Natalie Arshakian as a 2022 Mortgage Star

SAN DIEGO, Calif., Aug. 12, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced today that National Mortgage Professional’s Mortgage Women Magazine selected Natalie Arshakian, Senior Director and Head of Lock Desk Operations at MCT, to its annual 2022 Mortgage Star Awards.

Mortgage Professional America Magazine Names Natalie Arshakian to List of Elite Women For 2022

SAN DIEGO, Calif., Aug. 5, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced today that Natalie Arshakian has been selected to Mortgage Professional America (MPA) magazine’s list of Elite Women in Mortgage for 2022. The annual awards, now in their sixth year, celebrate 67 successful women who are taking on gender inequality in leadership by continuously challenging societal expectations.

MCTlive! Lock Volume Indices: July 2022 Data

SAN DIEGO, Calif., Aug. 4, 2022 (SEND2PRESS NEWSWIRE) — MCT®, the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for July 2022. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.

Mortgage Banker Magazine Names Curtis Richins on Legends of Lending List

SAN DIEGO, Calif., July 27, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced that Curtis Richins, President of MCT, has been selected to Mortgage Banker Magazine’s inaugural “Legends of Lending” list. The magazine’s inaugural class was compiled to highlight the most talented, ambitious, and legendary individuals who are achieving excellence and making a difference in the mortgage industry.

MCTlive! Lock Volume Indices: June 2022 Data

SAN DIEGO, Calif., July 11, 2022 (SEND2PRESS NEWSWIRE) — MCT®, the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for June 2022.

TMC Emerging Technology Fund LP Invests in leadPops

SAN DIEGO, Calif., June 20, 2022 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the “Fund”) recently participated in a follow-on round to a recent $3.5M Series A completed by leadPops, a digital customer acquisition software and marketing innovation platform. leadPops allows users to create robust, automated lead-generating systems that drive qualified leads directly to their business.

New MSR Technology Empowers MSR Buyers with Live Loan-Level Pricing

SAN DIEGO, Calif., June 16, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading (MCT), a leading mortgage hedge advisory and secondary marketing software firm, has announced today a new technology for mortgage servicing rights (MSR) buyers to produce more granular pricing for mortgage servicing. The feature leverages an application programming interface (API) to connect MSRlive!, MCT’s state-of-the-art MSR valuation platform to clients’ systems for more precise and accurate loan-level pricing in real time.

MCTlive! Lock Volume Indices: May 2022 Data

SAN DIEGO, Calif., June 6, 2022 (SEND2PRESS NEWSWIRE) — MCT®, the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for May 2022.

Spine IEP Fellows & Young Surgeons’ Course Launches Women in Spine Initiative

SAN DIEGO, Calif., May 16, 2022 (SEND2PRESS NEWSWIRE) — Magnifi Group, Inc., announced today the first two scholarship recipients of the Women in Spine Initiative for its 2022 Spine IEP Fellows & Young Surgeons’ Course – Austin, Texas, November 18-20. PGY 3 orthopaedic candidates from major US medical school residency programs were invited to submit their credentials for consideration.

MCTlive! Lock Volume Indices: April 2022 Data

SAN DIEGO, Calif., May 9, 2022 (SEND2PRESS NEWSWIRE) — MCT®, the leading pipeline hedge advisory in the residential mortgage industry, is pleased to announce the introduction of new MCTlive! Mortgage Lock Volume Indices to help all industry participants better understand key trends in the mortgage industry.

TbSpoon Launches First and Only Authentic Mediterranean Meal Prep Service

SAN DIEGO, Calif., April 28, 2022 (SEND2PRESS NEWSWIRE) — TbSpoon, an authentic Mediterranean meal prep delivery service, announced the launch of its southern California operations, the first Mediterranean meal prep service in the U.S. TbSpoon’s meals are filled with Mediterranean flavors and offer all the positive benefits of a Mediterranean diet.

2022 HousingWire Tech100 Mortgage Award Announces MCT As Leader In Innovation

SAN DIEGO, Calif., April 26, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, was announced as a 2022 HousingWire Tech100 Mortgage Winner. The Tech100 Mortgage Award spotlights innovators that are making the housing sector better and more sustainable by increasing efficiency, improving borrower experience and bringing elasticity to mortgage origination and servicing processes.

COYOTAS Tortillas is Naturally San Diego’s Pitch Slam People’s Choice!

SAN DIEGO, Calif., April 12, 2022 (SEND2PRESS NEWSWIRE) — On April 7, at the “Naturally San Diego” 2nd Annual Pitch Slam, “COYOTAS” Cassava Tortillas, took the People’s Choice Award in this Shark Tank style event, showcasing Southern California’s emerging and promising natural products companies and their owners in front of a board of experts and a live audience. The sole purpose of this event is for the local community to support and drive growth in their industry.

Ben Itkin Assumes Sales Leadership Position at MCT

SAN DIEGO, Calif., March 30, 2022 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), a recognized industry leader in mortgage risk management providing pipeline hedging, best execution loan sales and centralized lock desk services, announced today that Ben Itkin has been appointed the new National Sales Director.

MCT Integrates with the Fannie Mae Connect Whole Loan Purchase Advice Seller API

SAN DIEGO, Calif., March 11, 2022 (SEND2PRESS NEWSWIRE) — MCT’s award-winning capital markets platform, MCTlive!, is now integrated with the Fannie Mae Connect™ Whole Loan Purchase Advice Seller API. This API connection allows MCT Mark-to-Market and Hedge Accounting Reports to be updated with Fannie Mae purchase data instantly, instead of waiting to run reports through a Loan Origination System (LOS).

California Ferret Owners Submit Ballot Initiative to Attorney General for Legal Opinion, But Attorney General Ignores Civil Code on Domestic Animals

SAN DIEGO, Calif., March 3, 2022 (SEND2PRESS NEWSWIRE) — Non-profit Legalize Ferrets (legalizeferrets.org) announced today that we are disappointed that California Attorney General ignores Civil Code in Domestic Ferret Ballot Initiative. The ferret legalization grassroots organization, has repeatedly asked the California Attorney General for a legal opinion.

El Pollo Grill is THE San Diego Mexican Food Spot for 2022 Foodies

CHULA VISTA, Calif., March 2, 2022 (SEND2PRESS NEWSWIRE) — The team at El Pollo Grill knows that a new year brings with it new opportunities for patrons to have wonderful culinary adventures at their 3 dining establishments (Lemon Grove, Otay Ranch, and Bonita Rd. in Chula Vista). Although the focus is on the future, El Pollo Grill has a rich history that continues to shape the business.

ReverseVision Recruits Marketing Maven Scott Shepherd to Elevate Brand and Support Growth

SAN DIEGO, Calif., Feb. 3, 2022 (SEND2PRESS NEWSWIRE) — ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that seasoned marketing executive Scott Shepherd has joined the company to head its marketing efforts. As head of marketing, he oversees ReverseVision’s marketing department and is responsible for the design and implementation of its new marketing strategy.

LANtelligence Becomes a Matrix Networks Company to Create a Connectivity First CX-Automation Powerhouse

SAN DIEGO, Calif., Feb. 1, 2022 (SEND2PRESS NEWSWIRE) — Matrix Networks announced its recent acquisition of LANtelligence to create a new business venture enabling a powerful combination of modern business technology. Having informally shared resources for more than 10 years, it just made sense for these two companies to come together in a more structured way.

TMC Emerging Technology Fund LP Invests in Capacity

SAN DIEGO, Calif., Jan. 25, 2022 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the “Fund”) recently participated in a $38M Series C investment round for AI Software, LLC dba Capacity. Capacity is an AI-powered support automation platform.

ReverseVision Hires Industry Veteran Steve Butler as Director of Business Development

SAN DIEGO, Calif., Jan. 20, 2022 (SEND2PRESS NEWSWIRE) — ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it added long-time mortgage professional Steve Butler to the company’s sales team, who brings more than 35 years of experience to the company. ReverseVision has been adding resources in key functional areas as part of its strategic expansion plan.

Trust Lending Leveraging ReverseVision Platform to Grow Reverse Mortgage Wholesale Business

SAN DIEGO, Calif., Jan. 11, 2022 (SEND2PRESS NEWSWIRE) — ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that Trust Lending, a national mortgage banker, has gone live with ReverseVision’s Exchange (RVX) platform for its wholesale lending channel.

MCT Launches Dynamic Learning Center to Empower Lender Growth and Profitability

SAN DIEGO, Calif., Dec. 9, 2021 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), a recognized industry leader in mortgage risk management providing pipeline hedging, best execution loan sales and centralized lock desk services, announced the debut of its new Learning Center, a one-stop educational content database for each stage of growth of a mortgage lender in the secondary market.

Record Sponsor and Fellow-Young Surgeon Turnout Recorded for 11th Annual Spine IEP Course

SAN DIEGO, Calif., Dec. 6, 2021 (SEND2PRESS NEWSWIRE) — Magnifi Group, Inc., a developer of e-learning technology for the medical device industry, reported a record turnout of medical device and biotech companies at its 11th Annual Spine IEP Fellows & Young Surgeons’ Course (Spine Interactive Educational Program). The course was held November 19-21, 2021 at The US Grant Hotel in San Diego.

ReverseVision Adds Two New Hires to Support Expansion of Functional Areas and Corporate Infrastructure

SAN DIEGO, Calif., Nov. 16, 2021 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it added Eric Samuelson as vice president of finance and Andres Ochoa as systems administrator. The two positions will play key roles in optimizing internal functions and prepping the company to scale.