San Diego Business News - Page 11

Page 11 of San Diego Business News issued by the Send2Press® Newswire service.



ReverseVision Announces Credit Report Integration with MeridianLink

SAN DIEGO, Calif., Nov. 16, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. today announced their newest credit report partnership with MeridianLink, a leading web-based platform for ordering and delivery of credit reports. This integration within RV Exchange (RVX), ReverseVision’s flagship reverse loan origination system (RLOS) platform, increases RVX users’ choice of automated credit report services.

MCT Trading, Inc. Acquires Assets of PLar Analytics, LLC and PB Pacific Partners, LLC

SAN DIEGO, Calif., Nov. 12, 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 it has acquired certain key assets of PLar Analytics, LLC, a provider of financial models for mortgage bankers, and of PB Pacific Partners, LLC, which offers consulting services on capital markets and mortgage servicing.

San Diego Metro Magazine Honors Phil Rasori with Top 40 Under 40 Award

SAN DIEGO, Calif., Nov. 4, 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 to San Diego Metro (SD Metro) magazine’s prestigious Top 40 Under 40 list for 2015.

Strong Year of Growth Continues for The Mortgage Collaborative, Seven New Lender Members Added

SAN DIEGO, Calif., Oct. 15, 2015 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the formal approval of seven new lenders to their national network of originating members, announced the Collaborative’s EVP of National Sales and Strategic Alliances, Rich Swerbinsky.

Rhonda Guthrie Promoted to Senior Vice President at Bank of Southern California

SAN DIEGO, Calif., Oct. 14, 2015 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTCQB:FBBN / OTCMKTS:FBBN) has announced the promotion of Rhonda Guthrie to the position of Senior Vice President, Loan Administration. With over 20 years in Loan Administration, Guthrie joined the Company in 2013 as Loan Administration Manager responsible for all functions related to loan processing, documentation, compliance and loan servicing.

MCT Trading Taps Secondary Marketing Expert Paul Yarbrough to Oversee Client On-Boarding and Technology Implementations

SAN DIEGO, Calif., Sept. 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 it hired Paul Yarbrough to manage new client on-boarding, its secondary marketing technology, and solution training.

Tom Welch and Tammy DeWitt Join Bank of Southern California

SAN DIEGO, Calif., Sept. 15, 2015 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTCQB:FBBN / OTCMKTS:FBBN) welcomes Tom Welch as Senior Vice President, SBA Department Manager and Tammy DeWitt as Vice President, SBA Loan Underwriting Manager to its seasoned team of Southern California bankers. Both Mr. Welch and Ms. Dewitt have been in the banking industry for 37 years and both have over 27 years of SBA and conventional lending and relationship management experience.

ReverseVision Spotlights Directors Mortgage for HECM Reverse Mortgage Origination to Portland, Oregon Sports Executive

SAN DIEGO, Calif., Sept. 1, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. today announced it is spotlighting a HECM reverse mortgage origination by Oregon-based Directors Mortgage, a Pacific-Northwest focused full service mortgage banking firm, as it illustrates an ideal application of the product that allows qualified homeowners age 62 or older to access a portion of their home equity as a financial resource, and eliminates the need to make house payments.

Phil Rasori of MCT Trading Designated One of the Industry’s ‘Top 25 Most Connected Mortgage Professionals’ by NMP Magazine

SAN DIEGO, Calif., Aug. 27, 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, has been named to National Mortgage Professional (NMP) magazine’s 2015 ‘Top 25 Most Connected Mortgage Professionals’ list.

Positioned for Continued Growth, The Mortgage Collaborative Adds Eight New Members

SAN DIEGO, Calif., Aug. 26, 2015 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the formal approval of eight new lenders to their national network of originating members, announced the Collaborative’s EVP of National Sales and Strategic Alliances, Rich Swerbinsky.

ReverseVision Announces Credit Report Integration with CBCInnovis

SAN DIEGO, Calif., Aug. 21, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. today announced their newest credit report partnership with CBCInnovis, a leading provider of credit and risk management solutions headquartered in Columbus, Ohio. This integration within RV Exchange (RVX), ReverseVision’s flagship reverse loan origination system (RLOS) platform, increases RVX users’ choice of automated credit report services.

The Mortgage Collaborative Names New Board Members to Cooperative and Management Company

SAN DIEGO, Calif., Aug. 20, 2015 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, an independent lending cooperative serving small- to mid-sized mortgage lenders and community-based lending institutions, has implemented several changes to the Board of Directors of the Cooperative as well as the Board of Directors of the Management Company, announced the Collaborative’s Chairman, John Robbins, CMB.

Industry Veteran Ben Coll Joins MCT’s Growing Capital Markets Team

SAN DIEGO, Calif., Aug. 7, 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 Ben Coll joined the company’s capital markets team. He becomes employee number 65 as MCT continues to expand its client base and staff of secondary marketing professionals.

HousingWire Designates Chris Anderson of MCT Trading to its 2015 List of Rising Stars

SAN DIEGO, Calif., July 9, 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 SVP, Chris Anderson, has been named to HousingWire’s 2015 Rising Stars list.

ReverseVision Adds Credit Report Integration to Reverse Mortgage LOS Platform

SAN DIEGO, Calif., June 24, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. today announced it has added automated credit reporting capabilities to RV Exchange (RVX), ReverseVision’s flagship reverse loan origination system (RLOS) platform. Through this integration, reverse mortgage lenders are able to automatically import a borrower’s credit information directly into RVX’s Financial Assessment (FA) module.

MCT Trading Named to Best Places to Work List for the Fourth Year in a Row

SAN DIEGO, Calif., June 18, 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 the San Diego Business Journal’s (SDBJ) has named the company to its annual Best Places to Work list for the fourth year in a row.

ReverseVision Announces Launch of Reverse Mortgage Loan Origination System Support Portal

SAN DIEGO, Calif., June 10, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. announced the launch of their new RV Support Portal designed to improve the RV Exchange (RVX) support experience for users of RV Exchange (RVX), ReverseVision’s flagship reverse loan origination system (RLOS) platform.

The Mortgage Collaborative Enters Partnership with Fannie Mae to Support Small, Mid-Sized Mortgage Originators

SAN DIEGO, Calif., May 18, 2015 (SEND2PRESS NEWSWIRE) — Today The Mortgage Collaborative (TMC), an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, and Fannie Mae agreed upon enhancements to the benefits offered to TMC members that were announced earlier in the year through a strategic partnership agreement.

County Awards Contract to CARR for Development of Assisted Living Facility Rating System

SAN DIEGO, Calif., May 5, 2015 (SEND2PRESS NEWSWIRE) — The County of San Diego, Aging and Independence Services awarded Consumer Advocates for RCFE Reform (CARR) a fixed price contract for a pilot project to create a rating system for the County’s assisted living facilities, and to develop a consumer-friendly website to display the ratings and facility information.

The Mortgage Collaborative Adds Rich Swerbinsky, Nancee Mueller to Management Team

SAN DIEGO, Calif., April 10, 2015 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, has deepened its senior executive team with the addition of two new hires, announced the Collaborative’s Chairman, John Robbins, CMB.

The Mortgage Collaborative Installs David G. Kittle as Board Vice Chairman, Debra Still as Board Secretary, and Names Jim Park CEO

SAN DIEGO, Calif., April 7, 2015 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, has implemented several changes to its Board of Directors and executive management team, announced the Collaborative’s current Chairman, John Robbins, CMB.

MCT Trading Adds Industry Veteran Joel Dulmage to its Growing Sales Team

SAN DIEGO, Calif., April 7, 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 Joel Dulmage has joined the company in the capacity of regional sales director. Mr. Dulmage will be responsible for new business development and client service management in the Midwest territory.

ReverseVision Adds New Operations Team to Enhance RV Exchange System Performance and Scale

SAN DIEGO, Calif., April 2, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading software and technology provider for the reverse mortgage industry, has added a new Operations Team to their growing company. This team will be focused exclusively on product operations, system monitoring, capacity planning, backup, recovery, hosting management and product release.

California Ferret Enthusiasts Launch Crowdfunding Campaign for Ballot Initiative on National Ferret Day

LA MESA, Calif., April 1, 2015 (SEND2PRESS NEWSWIRE) — Tired of working and waiting for ferret legalization, which never comes despite thirty years of efforts – LegalizeFerrets.org is planning a ballot initiative to free our domestic ferrets from unnecessary and unfair regulation. April 2 is National Ferret Day in the USA and California ferret lovers are using the occasion to launch a crowdfunding campaign on Indiegogo.

ReverseVision Named to HousingWire’s HW TECH100

SAN DIEGO, Calif., March 19, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading software and technology provider for the reverse mortgage industry, announced it has been included in the 2015 edition of HousingWire’s HW TECH100(TM) list.

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.

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.

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.

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.

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).

Bank of Southern California Acquires Frontier Bank, FSB dba El Paseo Bank

PALM DESERT, Calif., Nov. 7, 2014 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Markets FBBN / OTCMKTS:FBBN) announced today that it purchased substantially all the assets and liabilities of Frontier Bank, FSB dba El Paseo Bank through a purchase and assumption agreement with the FDIC.

MCT Trading Wins Release of the Year Mortgage Technology Award

SAN DIEGO, Calif., Oct. 31, 2014 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized industry leader in risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, is pleased to announce that MCTlive!(TM), MCT’s best-in-class secondary marketing software platform, has been selected as the winner of Mortgage Technology magazine’s 2014 Release of the Year Award.

Mark Gustafson Joins Bank of Southern California

PALM DESERT, Calif., Oct. 16, 2014 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTCMKTS:FBBN) today announced that seasoned community banker, Mark Gustafson has been appointed to lead the bank’s Coachella Valley region. Mr. Gustafson most recently served as Market President for First California Bank which was sold and merged into Pacific Western Bank. He also served as President and CEO of Canyon National Bank, Ogden BancShares, Inc.

MCT Trading Selected as Finalist for Mortgage Technology Magazine’s Release of the Year Award

SAN DIEGO, Calif., Sept. 30, 2014 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging, loan sale execution and risk management services, announced that it has been chosen by Mortgage Technology magazine as a finalist for the 2014 Release of the Year Award.

ReverseVision Launches Professional Services Division for Reverse Mortgage Lenders, Names Jeff Birdsell Vice President

SAN DIEGO, Calif., Sept. 18, 2014 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. today announced the launch of their Professional Services division aimed at helping reverse mortgage lenders and brokers to be more successful.

ReverseVision named 2014 Lenders’ Choice Award Finalist by Mortgage Technology magazine

SAN DIEGO, Calif., Sept. 16, 2014 (SEND2PRESS NEWSWIRE) — ReverseVision is proud to announce it has been named a finalist for the 2014 Lenders’ Choice Award by Mortgage Technology magazine. ReverseVision is the leading provider of business solutions for the reverse industry offering such products as RV Exchange (RVX).

HECM Reverse Mortgages Have Less Risk for Lenders says ReverseVision Board Member, Industry Expert Jeffrey Taylor

SAN DIEGO, Calif., Sept. 2, 2014 (SEND2PRESS NEWSWIRE) — Mortgage lenders offering the HUD-insured Home Equity Conversion Mortgage (HECM) will find that originating reverse loans carries fewer risks than traditional mortgages. Recent HUD changes have made these loans even better suited to serve their intended purpose, according to reverse mortgage expert Jeffrey Taylor, a ReverseVision board member and president of Wendover Consulting.

Reverse Mortgage Volumes Trend Up in Closed Loan Data, FHA Endorsements a Lagging Indicator, says ReverseVision’s Rob Katz

SAN DIEGO, Calif., Aug. 12, 2014 (SEND2PRESS NEWSWIRE) — Contrary to what has been reported for the past six months, reverse mortgage originations have been trending up according to ReverseVision, the leading provider of reverse mortgage lending solutions. ReverseVision’s RV Exchange (RVX) is the leading reverse loan origination system (RLOS) and lending system of record for the majority of reverse lenders.

Phil Rasori of MCT Trading to Lead Panel Session at MBA National Secondary Marketing Conference

SAN DIEGO, Calif., May 9, 2014 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that its COO, Phil Rasori, will moderate and drive a panel session entitled ‘Liquidity Challenges for Smaller Lenders’ at the Mortgage Bankers Association’s Annual Secondary Marketing Conference in New York City.

MCT Adds Four Business Development Positions to Continue Expansion

SAN DIEGO, Calif., March 25, 2014 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that it added four newly created positions in order to provide unsurpassed service levels of sales support and guidance to lenders.