Finance

Finance

Finance news from Mortgage & Finance News magazine

Finance

Finance
Finance news from Mortgage & Finance News magazine

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.

It’s Tax Time, and Millions Could Miss Sizeable Deductions for Long-Term Care Insurance, ACSIA Partners Says

Mortgage and Finance News: (KIRKLAND, Wash.) If you're considering long-term care insurance, or already have a policy, "Tax time is a good time to look for help from Uncle Sam," says Denise Gott, CEO of ACSIA Partners, one of the nation's largest long-term care insurance agencies. "And the help you get could be more than negligible."

Record Attendance Expected at Texas Mortgage Bankers Association’s 101st Annual Convention

Mortgage and Finance News: (AUSTIN, Texas) The Texas Mortgage Bankers Association (TMBA) announced today the location and dates of its 101st Annual Convention. This year's conference - "Defining Our Future" - will be held at the Hyatt Regency Hill Country Resort and Spa in San Antonio, Texas on May 21 - 23, 2017.

Revenue Cycle and Coding Strategies Merge to Expand Healthcare Consulting Services

Mortgage and Finance News: (AUSTIN, Texas) Medical and radiation oncology consulting firm Revenue Cycle and healthcare coding and compliance consulting and education firm Coding Strategies announce a merger that will bring the two companies together for the benefit of the healthcare industry.

Two-Thirds of Large Companies Finding New Lease Accounting Standards More Complex than Anticipated

Mortgage and Finance News: (GREAT FALLS, Va.) LeaseAccelerator, the leader in Enterprise Lease Accounting Software, announced the results of a Progress Report study gauging the readiness of large companies to support the new lease accounting standards (ASC 842) one year after their initial publication. The research study, conducted earlier this month, surveyed over 250 respondents in the accounting and finance functions at large public and private US-based corporations.

Qualia Achieves SOC 2 Information Security Certification

Mortgage and Finance News: (SAN FRANCISCO, Calif.) Qualia, the fastest growing provider of title settlement software, announced that it has earned the American Institute of Certified Public Accountants' (AICPA's) Service Organization Control 2 (SOC 2) certification after completing an independent audit process with a third-party certified public accounting (CPA) firm.

Kraft Technology Group Supports Entrepreneurs and Small-to-Midsized Businesses During National Entrepreneurship Week

Mortgage and Finance News: (NASHVILLE, Tenn.) Kraft Technology Group, LLC today announced its participation in National Entrepreneurship Week, a weeklong series of activities that celebrates the efforts and impact of entrepreneurs and small-to-midsized businesses. Led by Microsoft and supported by more than 100 companies including Kraft Technology Group, National Entrepreneurship Week will kick off on Monday, Feb. 20 and conclude on Friday, Feb. 24, 2017.

Taxpayers Ask Tax Pros to Bid to Solve Their IRS Problems

Mortgage and Finance News: (CORAL SPRINGS, Fla.) It's a common problem. In fact, approximately 13 million taxpayers are haunted by IRS issues that they want to solve, but are too bombarded with information to know where to turn. In short, they're overwhelmed. FeeAuction.com helps to alleviate that stress. It's a user-friendly website and new marketing technology that connects concerned taxpayers anonymously with multiple, licensed tax professionals.

Bank of Southern California NA Announces Promotion of Tony DiVita to Chief Banking Officer

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that Tony DiVita has been promoted to the role of Executive Vice President, Chief Banking Officer. In his expanded role, he will continue to oversee new business origination and customer retention efforts, the Small Business Administration (SBA) Group, and bank marketing.

The Pension Inspector Announces Release 10, an Online Due Diligence Add-In, ‘ERISA PLUS’

Mortgage and Finance News: (NEW YORK, N.Y.) Pension Inspector(R) one of the leading internet research data mining solutions from AtPrime Media Services, online since 2007, announces Pension Inspector Release 10.0, which ushers in a new dimension in ERISA* Retirement Plan Transparency with "ERISA PLUS."

Mortgage Banking Expert Rob Chrisman to Address Special Session at RV UserCon 2017

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, Inc., the leading provider of software and technology for the reverse mortgage industry, today announced that mortgage industry expert Rob Chrisman will address attendees of RV UserCon 2017 as a special session speaker on February 9 in San Diego.

Bank of Southern California Completes $7 Million Capital Offering and Announces New Board of Directors

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has completed a capital raise of $7 million through a stock purchase agreement of the Bank's common stock with Castle Creek Capital, based in Rancho Santa Fe, California.

Nonprofit Forum 2017 Dates and Agenda Announced by Financial Technologies & Management

Mortgage and Finance News: (INDIANAPOLIS, Ind.) Financial Technologies & Management (FTM) has released the dates and agenda for 2017 Nonprofit Forum monthly online event for nonprofit organizations. Jim Simpson, CPA will host each forum. Mr. Simpson is a nonprofit financial leader and trainer, CFO, Controller, and software advisor for over 25 years.

Big Christmas? New Book, ‘Axe the Taxes’ Will Pay For It!

Mortgage and Finance News: (RIVERSIDE, Calif.) Marvin Lee Robey announces the release of his latest book, "Axe the Taxes." Mr. Robey says "Axe the Taxes" is based on Supreme Court cases dealing with taxes and quotes those Supreme Court rulings. It is all based upon proper law, already acceptable to the IRS.

Rate Reset Chooses AccountChek by FormFree for Automated Verification of Borrower Ability to Repay

Mortgage and Finance News: (ATLANTA, Ga.) FormFree today announced that Rate Reset, the world leader in automated loan retention and acquisition software, has selected AccountChek(TM) by FormFree as its technology provider for automated asset verification. AccountChek helps financial institutions determine in just seconds the ability of customers to pay back loans, without the hassle of collecting bank statements or other asset documents.

Local Banker Luz Gonzalez Joins Bank of Southern California, N.A.

Mortgage and Finance News: (RANCHO MIRAGE, Calif.) Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL) announced today that Luz Gonzalez has joined the Company as Branch Sales Manager of its Rancho Mirage branch. Most recently, Ms. Gonzalez served the Coachella Valley community as a Deputy Sheriff for the Riverside County Sheriff's Department, following a successful 11-year career at El Paseo Bank.

PitBullTax Software to Unveil Stand-Alone Transcripts Delivery and Reporting Product

Mortgage and Finance News: (CORAL SPRINGS, Fla.) PitBullTax Software, the industry leader in IRS Tax Resolution software, is excited to announce that it's unveiling a new flagship product - PitBullTax Transcripts - a stand-alone IRS Transcripts Delivery and Reporting software. The product will launch at the National Conference of Bankruptcy Judges in San Francisco from October 26-29; it's sure to create some buzz.

Bank of Southern California, N.A. Selects nCino to Improve Workflow Process

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has selected nCino's Bank Operating System to automate the Bank's lending and treasury management processes, enabling the bank to ultimately better serve its customers.

Massey Consulting is Part of Expert Panel to Review Revenue Recognition ASC 606 and IFRS 15 Changes

Mortgage and Finance News: (RALEIGH, N.C.) Massey Consulting will be co-hosting an event, "ASC 606 - Ensure Your Growth By Being Compliant" in Research Triangle Park on Oct. 19, 2016. The morning event will focus on the upcoming accounting changes ASC 606 and IFRS 15 and will feature speakers from Hughes Pittman & Gupton LLP, Massey Consulting and River Cities Capital Funds.

Bank of Southern California N.A. Announces $7 Million Capital Offering

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has signed a stock purchase agreement for a private placement of $7 million of the Bank's common stock with Castle Creek Capital, based in Rancho Santa Fe, California. The transaction is anticipated to close in the fourth quarter, subject to regulatory approvals and other standard closing conditions.

14,000 Kids Benefit From Generous Donation from Redstone Bank

Mortgage and Finance News: (DENVER, Colo.) On August 29, 2016. Redstone Bank made a generous donation of $50,000 to the Whiz Kids Program. The Whiz Kids program is an individualized tutoring program that has over 800 volunteers who tutor less fortunate students from schools throughout the Denver Metropolitan Area.

President of RSI & Associates Receives New Accreditation to Better Serve its Clients

Mortgage and Finance News: (CORPUS CHRISTI, Texas) RSI & Associates, Inc. is excited to announce that its senior analyst/appraiser, Gerald W. Brown, Sr., recently added an important accreditation to his already impressive roster of professional credentials - Master Analyst in Financial Forensics (MAFF) with a specialization in business valuation for litigation.

Bank of Southern California Recognized as a Top Small Business Lender

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) has been recognized as a top small business lender in San Diego County based on the volume of SBA 7(a) loans originated according to the San Diego District Office of the U.S. Small Business Administration's fiscal year-end lender rankings as of July 31, 2016.

Bank of Southern California Completes Acquisition of Opus Bank Branch

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL) has completed the purchase of the deposits of the La Quinta branch of Opus Bank. The transaction closed on Friday, August 19, 2016. Customers of the Opus Bank La Quinta branch were consolidated into the existing La Quinta branch of Bank of Southern California. As of Monday, August 22, 2016, the former Opus Bank La Quinta customers now have access to all Bank of Southern California locations, including three Coachella Valley branches located in La Quinta, El Paseo-Palm Desert, and Rancho Mirage.

Mid America Mortgage to Purchase eNotes through Its Correspondent Channel

Mortgage and Finance News: (ADDISON, Texas) Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode today announced it will purchase eNotes for loans closed electronically from approved sellers through its correspondent lending channel.

Bank of Southern California Provides $5 Million in Financing to OWB Real Estate Holdings, LLC

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has provided $5 million in financing as senior lender in part of a larger financing arrangement for OWB Real Estate Holdings, LLC. The financing was a combination of bank borrowing, and loans secured through the Federally backed New Market Tax Credit program. The financing provided funds used for the acquisition of land, improvements, and equipment of a shuttered beef slaughter and processing plant in Brawley, Calif., formerly operated by National Beef.

Evolve Bank & Trust Selects ReverseVision Exchange (RVX) Loan Origination Software

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision is pleased to announce that Memphis, Tennessee-based Evolve Bank & Trust (Evolve), a full-service commercial bank and mortgage lender serving customers and communities nationwide, has selected RV Exchange (RVX) reverse mortgage loan origination software (LOS).

iFOS Awarded Contract to Provide NIFA with Audit Resolution and Grant Award Close Out Advisory Support Services

Mortgage and Finance News: (COLUMBIA, Md.) Intelligent Fiscal Optimal Solutions(R) (iFOS), an emerging provider of innovative financial consulting and staff augmentation services for the Federal Government, received a contract award to provide grant audit resolution and close out advisory support services to the United States Department of Agriculture, National Institute of Food and Agriculture (NIFA's), Office of Grants and Financial Management (OGFM).

LeaseAccelerator CEO to Speak at FEI New Lease Accounting Standards Conference

Mortgage and Finance News: (IRVINE, Texas) LeaseAccelerator announced today that its CEO, Michael Keeler, will participate in a panel at the upcoming Financial Executives International (FEI) New Lease Accounting Standard Conference. Issued earlier this year, the new standards, FASB ASU 2016-02 (or Topic 842) for US GAAP and IFRS 16, will require companies to track virtually all real estate, equipment leases, and leases embedded in service agreements as assets and liabilities on their balance sheets starting as early as 2019.