News: Two MQMR Employees Selected as MBA, California MBA Future Leaders
Mortgage and Finance News: (LOS ANGELES, Calif.) Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that two employees from the MQMR family of companies have been selected to participate in executive leadership development programs sponsored by the national Mortgage Bankers Association (MBA) and the California Mortgage Bankers Association.
News: Bank of Southern California, N.A. Announces Addition of Phillip Mulder and Billy Szeto to Its Commercial Real Estate and SBA...
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, Calif., announces the addition of two tenured Business Development Officers to support the company's continued expansion into the Southern California region.
News: Bank of Southern California N.A. Recognized as Top Small Business Lender
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced it was awarded two top small business lending partner awards in the medium sized bank category by the San Diego District Office of the U.S. Small Business Administration based on the largest quantity and dollar volume of SBA 7(a) loans originated. The rankings reflect the SBA's fiscal year-end results as of September 30, 2017. These accolades follow the bank's recognition by the SBA as the top performing small business lending partner for medium sized banks in 2016.
News: Bank of Southern California N.A. Announces Amanda Conover as Vice President, Director of Marketing
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, Calif., has named Amanda Conover as Vice President, Director of Marketing. She will be responsible for developing and executing a strategic marketing plan that strengthens brand awareness and drives growth, further supporting the Bank's efforts to increase its presence as it continues its expansion in the Southern California region.
News: Bank of Southern California N.A. and Americas United Bank Announce Agreement to Merge
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL) and Americas United Bank (OTC Pink:AUNB), today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby Americas United Bank will merge with and into Bank of Southern California. The merger is subject to customary closing conditions, including the receipt of all regulatory approvals and the approval of the shareholders of AUB and BCAL, and is expected to close in Q3 2018.
News: Global DMS Launches EVO-Commercial, a Next-Generation Valuation Management Software Platform for Commercial Lending
Mortgage and Finance News: (SAN DIEGO, Calif.) Global DMS, a leading provider of cloud-based valuation management software, announced that it launched EVO-Commercial (EVO-C) at the MBA's CREF/Multifamily Housing Convention and Expo being held in San Diego February 11 - 14, 2018. The new platform is 100 percent configurable, fully customizable, quick and easy to implement, eliminates numerous steps in the workflow process, lowers system maintenance costs and empowers end-users as well as management teams, among many other efficiency gains.
News: Bank of Southern California, N.A. Announces Fourth Quarter and Year-end 2017 Results
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,134,397 for the fourth quarter of 2017, compared to $1,088,043 for the third quarter of 2017 and $902,476 for the fourth quarter of 2016. For the year, net earnings were $3,964,692 in 2017, a 32 percent increase compared to $3,009,251 for 2016. Results for the fourth quarter and year ended December 2017 include a $200,000 increase in income tax expense due to recent Tax Reform legislation.
News: Bank of Southern California N.A. announces new SBA and Commercial Real Estate Lending Group Led by Steve Pollett
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), announced that Steve Pollett has joined the company as SVP, SBA and Commercial Real Estate Lending Group Manager. With more than 30 years' experience in SBA and Commercial Real Estate lending, Pollett will be responsible for leading a team to provide financing to small and medium-sized businesses throughout the Southern California region.
News: Kathy Gonzales Named Senior Vice President, Director of Branch Banking for Bank of Southern California N.A.
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has appointed Kathy Gonzales as Senior Vice President, Director of Branch Banking. She will be responsible for supporting the Bank's commitment to the customer experience by deepening customer relationships, and identifying opportunities to increase the bank's market share.
News: Bank of Southern California N.A. Opens Orange County Office
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the opening of a production office in Orange County in the city of Orange, Calif. In addition, the bank said it is actively looking to expand into other Southern California markets, as the company continues to grow the banks franchise throughout the Southern California region.
News: Bank of Southern California NA Announces Third Quarter 2017 Results
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,088,043 for the third quarter of 2017, compared to $1,032,230 for the second quarter of 2017 and $642,186 for the third quarter of 2016. For the first nine months of 2017, net earnings were $2,830,295, compared to $2,106,775 for the first nine months of 2016.
Unity National Bank (PRK) Pledges $100K Towards the Construction of New Tipp City Stadium in Ohio
Mortgage and Finance News: (TIPP CITY, Ohio) The Tipp Pride Association Board of Directors announced today that the organization has received a $100,000 sponsorship from Unity National Bank for the construction of Tipp City's new community stadium. The generous gift will lead ongoing fundraising to support stadium construction.
EXPERTS AVAILABLE: ReverseVision Experts Available to Discuss HUD Changes to HECM Reverse Mortgage Program
Mortgage and Finance News: (SAN DIEGO, Calif.) The following ReverseVision experts, whose expertise on the Home Equity Conversion Mortgage (HECM) ranges from HUD guideline interpretation to market analysis to education, are available for interviews regarding HUD's planned changes to the HECM program.
DIB Funding’s DIBCOIN is First Cryptocurrency to Air on FOX Business Network’s ‘New To The Street’
Mortgage and Finance News: (ROCKFORD, Mich.) DIB Funding, Inc.'s DIBCOIN was highlighted on "New To The Street" on the Fox Business Network. CEO Adam Petty's interview aired on Sunday, August 20 in which he shared the exciting vision, and business plan for DIB Funding and for its crypto-currency DIBCOIN. The show "New To The Street" has a six year history and DIB Funding, Inc., the developer of DIBCOIN, is the only crypto currency company that has ever been interviewed by them.
DIB Funding Inc. Hires Top Crypto-Currency Developer Ambisafe Inc. to Create New Etherium Based DIBCoin 2.0
Mortgage and Finance News: (ROCKFORD, Mich.) DIB Funding, Inc., the developer of DIBCoin, has hired Ambisafe, Inc. to create DIBCOIN 2.0 on the Etherium blockchain and to update our DIB Wallet. Public coin holders as of the exchange date will receive an exclusive exchange rate of two for one (i.e., 2 DIBCOIN 2.0 for every 1 DIBCOIN they hold). This will result in a 100-percent increase in the number of DIBCOIN held by each coin holder.
DIB Funding, Inc. takes first step in building the digital economy around DIBCOIN, launching Affiliate Program
Mortgage and Finance News: (HOLLYWOOD, Fla.) DIB Funding, Inc. started DIB Nation to build a digital economy centered around DIBCOIN. The new custom website at DIBNation.com will be the hub of the DIB economy. The backbone of DIB Nation is our DIB Affiliate program.
Accounting for Mortgage Banking User Conference 2017 to feature Phil Rasori of MCT
Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that its COO, Phil Rasori, is scheduled to speak on a panel session hosted by Advantage Systems, Inc. at its third annual Accounting for Mortgage Banking (AMB) user conference.
New To The Street: DIB Funding, Inc. Signs Contract with FMW Media Corp to Produce Monthly Interviews on the Business Show
Mortgage and Finance News: (HOLLYWOOD, Fla.) DIB Funding, Inc. has signed a contract with FMW Media Corp., the producers of the business show "New To The Street." FMW Media's hosts will interview members of DIB Funding, Inc.'s management team monthly to discuss the ongoing developments of DIBCOIN. Their business show, "New to the Street," airs on the Fox Business Network and ION TV with 95 million viewers
Mid America Mortgage Inc. Purchases eNote from First eClosing Transaction in North Carolina
Mortgage and Finance News: (ADDISON, Texas) Mid America Mortgage, Inc. (Mid America) announced today it has purchased the eNote from North Carolina's first eMortgage transaction. The transaction, which was completed entirely electronically on May 5, was a refinance for a property in Winston-Salem and was executed by Hickory-based North State Bank. Upon completion of the closing, Mid America was able to purchase the resulting eNote within one business day after receiving the final loan package.
DIB Funding, Inc. Has Appointed Dr. Cheikh Mboup to The Company’s Advisory Board to Grow DIBCOIN in Retail Markets
Mortgage and Finance News: (HOLLYWOOD, Fla.) DIB Funding, Inc. today announced the Company has signed a recognized entrepreneur with a keen eye on acquisitions and mergers, Dr. Cheikh Mboup, to the Company's Advisory Board. He will immediately begin integrating DIBCOIN into the Point of Sale (POS) systems in up to 500 brick and mortar stores.
International Document Services, Inc. Receives Certification from Fannie Mae, Freddie Mac for Its UCD XML File
Mortgage and Finance News: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), announced its Uniform Closing Dataset (UCD) XML file has been certified to meet all UCD requirements by both Fannie Mae and Freddie Mac ahead of the GSE's September 25 deadline for UCD delivery. To have its UCD XML file certified by the GSEs, IDS underwent an extensive testing process to ensure the dataset was delivered in a GSE-acceptable format.
Jim Paul Joins Bank of Southern California N.A.
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that Jim Paul has joined the Bank as Vice President, Business Banking at the Del Mar Corporate office. He will primarily focus on building new client relationships for the bank.
Texas Capital Bank Implements DocMagic’s Total eClose Solution for eWarehouse Lending
Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Texas Capital Bank has implemented its Total eClose(TM) solution. This implementation enables the bank to function as an eWarehouse lender. They can now accept and fund eNotes from its lender customers that want to drastically speed up the process of closing and selling loans.
The Mortgage Collaborative President and Vice Chairman David G. Kittle Issues Statement Supporting Mortgage Bankers Association GSE Reform Proposal
Mortgage and Finance News: (SAN DIEGO, Calif.) On behalf of its network of lenders, David G. Kittle, CMB, president and vice chairman, The Mortgage Collaborative, has issued the following statement on the Mortgage Bankers Association's (MBA) release of its GSE Reform proposal, "GSE Reform: Creating a Sustainable, More Vibrant Secondary Mortgage Market":
DIB Funding, Inc. Announces a Billion Dollar Liquidity Partnership with Digitas Bank to Launch Worldwide Distribution of ‘DIBCOIN’
Mortgage and Finance News: (HOLLYWOOD, Fla.) Today DIB Funding, Inc., the creators of the digital currency known as DIBCOIN, is proud to announce a billion-dollar liquidity partnership with Digitas Bank. This partnership will immediately give present and future DIBCOIN holders the ability to deposit and withdraw DIBCOIN and FIAT currency in a single transaction and with complete financial privacy.
Melyn Acasio Joins Bank of Southern California, N.A.
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that Melyn Acasio has joined the Bank as Vice President, Client Relationship Manager at the Del Mar Corporate office. She will primarily focus on building new client relationships for the bank.
Bank of England Mortgage Helps Customers Get More Out of Retirement with Home Equity Conversion Mortgages (HECM) and ReverseVision Technology
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Bank of England (BOE) Mortgage, a nationwide mortgage lender based in England, Arkansas, has selected RV Exchange (RVX) loan origination software (LOS) to support its growing Home Equity Conversion Mortgage (HECM) division.
Cloudvirga Introduces AccountChek Automated Asset Verification into Its intelligent Mortgage Platform
Mortgage and Finance News: (ATLANTA, Ga.) FormFree today announced that cloudvirga(SM), developer of the automated, cloud-based intelligent Mortgage Platform(R) (iMP), has selected AccountChek(TM) for automated asset verification. Cloudvirga's custom integration of AccountChek into the iMP collects borrower account information early in the loan application process and offers a seamless asset verification experience.
LBA Ware Adds Matthew Marshall as Solutions Consultant
Mortgage and Finance News: (MACON, Ga.) LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced it has hired Matthew Marshall as a solutions consultant to support the firm's sales efforts. In this role, Marshall will be responsible for articulating the value proposition of LBA Ware's solutions.
Lender Price to Unveil the Lender Price Marketplace at 2017 NAMB East Association of Mortgage Professionals Convention
Mortgage and Finance News: (PASADENA, Calif.) Lender Price, the emerging leader in real-time, competitive mortgage analytics and product pricing & eligibility (PPE) solutions announced today that it is launching the Lender Price Marketplace at the 2017 NAMB East Association of Mortgage Professionals Convention exhibit in Atlanta, Georgia on March 16 - 18.