Finance

Finance

Finance news from Mortgage & Finance News magazine

Finance

Finance
Finance news from Mortgage & Finance News magazine

OpenClose Named a 2016 HW TECH100 Mortgage Technology Vendor for the Third Straight Year

Mortgage and Finance News: (WEST PALM BEACH, Fla.) OpenClose, an enterprise-class, multi-channel, end-to-end loan origination system (LOS) provider, announced that HousingWire has named the company to its 2016 HW TECH100 list for the third year. The list recognizes the most innovative technology firms in the U.S. housing economy.

ReverseVision Exchange Software selected by NOVA Home Loans to Originate Reverse Mortgages

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, Inc. announced today that NOVA(R) Home Loans (NOVA), a Tucson, Arizona-based mortgage lender serving the Southwestern United States, has selected RV Exchange (RVX) as its reverse mortgage loan origination software (LOS). NOVA has originated reverse mortgages as a correspondent lender since 2014.

DocMagic Launches New Total eClosing Solution, Transforming the Entire Mortgage Process

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today the formal launch of its fully integrated eClosing solution that electronically transforms the entire mortgage process from initial eDisclosure to final eClosing through investor eDelivery.

Media Advisory: Reverse Mortgage Expert John Button Available to Comment on Reverse Mortgage Trends

Mortgage and Finance News: (ATLANTA, Ga.) MEDIA ALERT: Reverse mortgage expert John Button, president and CEO of San Diego, California-based software provider ReverseVision, is available for interviews in Atlanta on Tuesday, April 12, and Wednesday, April 13, 2016.

SharkSwipe Mobile Transaction App for iOS and Android Launched by RedFin POS

Mortgage and Finance News: (DEERFIELD BEACH, Fla.) RedFin POS, a leading provider of secure payment applications and payment gateway solutions, has launched SharkSwipe: a mobile app that allows for mobile transactions utilizing the super-compact, Bluetooth MSR/Chip & PIN SharkSwipe device. The free app is available today by visiting the Apple iTunes App Store, or Google Play Store.

CMG Financial Automates its Entire Appraisal Process Using Global DMS’ eTrac Platform

Mortgage and Finance News: (LANSDALE, Pa.) Global DMS, a leading provider of web-based compliant valuation management software, announced that CMG Financial (CMG), one of the nation's leading lenders, has streamlined the management of its appraisal process from start to finish using Global DMS' eTrac platform.

International Document Services, Inc. (IDS) Named to HousingWire 2016 HW TECH100

Mortgage and Finance News: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it was included in HousingWire magazine's 2016 HW TECH100(TM) list. The company was recognized for its forthcoming eClosing integration with collaborative real estate technology provider and fellow TECH100 winner Pavaso, as well as its recent acquisition by automotive dealership software provider Reynolds and Reynolds.

Platinum Data’s Craig Zielazny Named to Board of Advisors for Wittenberg University Master of Science in Analytics Program

Mortgage and Finance News: (ALISO VIEJO, Calif.) Platinum Data Solutions, a provider of valuation data and analytics solutions, has announced that Craig Zielazny, the company's senior vice president of valuation analytics, has been named to the Board of Advisors for Springfield, Ohio-based Wittenberg University's new Master of Science in Analytics program. The Board of Advisors is charged with collaborating to create the department's curricula and courses, and could include guest lecturing. The inaugural semester for Wittenberg University's Master of Science in Analytics program begins in August 2016.

2 Refunds, Inc. Announces Launch of Website That Rewards Customers for Filing Taxes Online by Deadline

Mortgage and Finance News: (CORPUS CHRISTI, Texas) 2 Refunds, Inc. has launched a website with a rare promise: File one tax return and get two refunds. Aptly named, 2 Refunds gives the startup a preemptive position in online done-for-you tax preparation - a niche that exists in the overlapping services of HandR Block and TurboTax yet has no focused presence from either industry leader.

Titan Lenders Corp. Announces Acquisition by MetaSource LLC

Mortgage and Finance News: (DENVER, Colo.) Mortgage services expert Titan Lenders Corp. (Titan) announced it has been acquired by Utah-based MetaSource, LLC. Terms of the deal were not disclosed. The acquisition of Titan broadens the company's footprint in data-centric mortgage services.

Tax Tip from ACSIA Partners: 2016 Deductions Make Long-Term Care Insurance More Affordable for Many

Mortgage and Finance News: (KIRKLAND, Wash.) If you're in the market for long-term care insurance, you may be suffering from sticker shock. 'The cost may seem out of reach,' says Denise Gott. 'Many people feel this way, so they put off protecting themselves. That's a shame, because in their case, Uncle Sam may pick up part of the tab.' Gott is CEO of ACSIA Partners, one of the nation's largest long-term care insurance agencies.

Mid America Mortgage Remains Largely Unchallenged in Bid for Defective TRID Mortgage Loans

Mortgage and Finance News: (ADDISON, Texas) Mid America Mortgage, Inc. remains one of few bidders on so-called TRID 'defect' loans, said Owner and Chief Executive Officer Jeff Bode. According to Bode, Mid America wins roughly 80 percent of its bids on the loans, which have been rejected for purchase by other investors due to TILA-RESPA Integrated Disclosure (TRID) infractions ranging from minor errors to more significant defects.

Alternative-Risk Financing Roundtable: ‘Creative Uses for Captives’ Moderated by EPIC’s Daniel Houston

Mortgage and Finance News: (SAN FRANCISCO, Calif. and ATLANTA, Ga.) In the world of risk management, captive insurers are taking on a major role for companies of all sizes. As the number and types of captive insurers are expanding, so too have the types of risks that captive owners are funding through these alternative-risk financing structures, says EPIC Insurance Brokers and Consultants.

Pavaso, SigniaDocs Complete Integration for Electronic Mortgage Closings

Mortgage and Finance News: (PLANO, Texas) Pavaso, Inc., a provider of digital process and collaboration solutions for the real estate lifecycle and SigniaDocs, Inc., a provider of eMortgage platform technologies, announced the integration between their two platforms to facilitate an all-inclusive eClosing process.

ReverseVision Exchange Loan Origination Software selected by Alpha Mortgage of N.C.

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision has announced that Wilmington, N.C.-based Alpha Mortgage, a full-service mortgage lender serving the Carolinas and Virginia, has selected RV Exchange (RVX) as its reverse mortgage loan origination software (LOS) solution. Alpha Mortgage opened its reverse mortgage lending channel in early 2016 under the guidance of division manager and Certified Reverse Mortgage Professional Greg Gianoplus.

Jeff Birdsell, CMB and VP at ReverseVision Named 2016 MBA Tech All-Star

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Banking magazine announced today in its March issue that Jeff Birdsell, CMB and Vice President of professional services for ReverseVision, Inc., is a 2016 Mortgage Bankers Association (MBA) Tech All-Star. Birdsell is among just nine industry innovators who received the prestigious award, which celebrates leaders who have made outstanding long-term contributions to the field of mortgage technology.

ACES 5.0 Targets TRID ‘Pain Points’ in Mortgage Industry

Mortgage and Finance News: (POMPANO BEACH, Fla.) Leading web-based financial services quality control software provider ACES Risk Management (ARMCO) announced the release of a major upgrade to its flagship QC software system ACES Web Audit Technology (ACES) to improve overall functionality, while supporting lenders and originators still struggling with TRID compliance.

Titan Offers Servicing Transfer Management Services to Mortgage Servicers

Mortgage and Finance News: (DENVER, Colo.) Mortgage services expert Titan Lenders Corp. announces it is now offering Servicing Transfer Management services to mortgage servicers and sub-servicers engaging in the transfer of mortgage assets and mortgage servicing rights (MSRs).

Pavaso Named to HousingWire 2016 HW TECH100

Mortgage and Finance News: (PLANO, Texas) Pavaso, Inc., a provider of collaborative real estate technology, announced it has been named to HousingWire magazine's 2016 HW TECH100 list. The magazine selected Pavaso for this honor for its ability to connect 'all parties in the real estate lifecycle - consumers, realtors, lenders and investors - to participate in a unified process that transforms the consumer's experience and meets the CFPB's customer service expectations.'

Simplifile Included in HousingWire 2016 HW TECH100

Mortgage and Finance News: (PROVO, Utah) Simplifile, a provider of collaborative technology for lenders, settlement agents and counties, announced it has been named to HousingWire magazine's 2016 HW TECH100 list. In its March issue, HousingWire noted Simplifile's dominance of the e-recording space and the release of its Collaboration and Post Closing solutions for lenders and settlement agents as reasons for the company's inclusion on this year's list.

Mortgage Machine Services Makes HousingWire’s 2016 HW TECH100 List

Mortgage and Finance News: (ADDISON, Texas) Mortgage Machine Services (MMS), a leading provider of enterprise lending solutions, announced it has been named to the HousingWire magazine 2016 HW TECH100 list. The firm was recognized for its recent integrations with fellow TECH100 winners NetDirector and DocMagic, as well as with DocMagic subsidiary eSign Systems.

ARMCO Announced as a 2016 HW TECH100 Category Winner in Mortgage Trade

Mortgage and Finance News: (POMPANO BEACH, Fla.) ARMCO (ACES Risk Management), a leading provider of web-based quality control software for the financial services industry, announced it has been included in the 2016 HousingWire HW TECH100(TM) list for the second year in a row. In addition, ARMCO received special recognition as the winner of the 'Elegant Implementation' category for its development of the ACES Analytics quality control (QC) benchmarking tool.

Platinum Data Solutions Named to the HousingWire HW TECH100 for Third Consecutive Year

Mortgage and Finance News: (ALISO VIEJO, Calif.) Platinum Data Solutions, a provider of valuation data and analytics solutions, has been included on HousingWire's 2016 HW TECH100 list for the third year of the three year old awards program. Since hiring eLynx co-founder Phil Huff as CEO in 2012, Platinum Data been focused on consistent innovation.

IDS Celebrates 30th Anniversary in 2016

Mortgage and Finance News: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), announced the company will celebrate 30 years in business in 2016. The company plans to celebrate with various promotions and events throughout the year.

Pavaso’s Vice President of Partner Strategies and Government Affairs Elected to Co-Chair MISMO Workgroup

Mortgage and Finance News: (PLANO, Texas) Nancy G. Pratt, VP of Partner Strategies and Government Affairs at real estate technology company Pavaso, was elected to serve as co-chair of the Mortgage Industry Standards Maintenance Organization (MISMO) eMortgage Workgroup at the organization's Winter Summit in January.

New Energy Start-Up Wattcoin Technologies Launched in San Francisco

Mortgage and Finance News: (SAN FRANCISCO, Calif.) Wattcoin Technologies Inc., a platform-as-a-service (PAAS) solution for energy companies to manage their customer's billing processes, energy savings and renewable energy investments, opens office in San Francisco, Calif.

Mid America Mortgage Hires Four Account Executives to Serve California, New Hampshire, Tennessee, Midwest

Mortgage and Finance News: (ADDISON, Texas) Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has hired four new account executives in its wholesale and correspondent lending division.

Take Action: Interest Free Money is Every U.S. Citizen’s Constitutional Right

Mortgage and Finance News: (SPRINGFIELD, Ill.) Author Michael Piontkowski, also known as Piont, recently launched the Interest Free Banking website to get the word out on how every U.S. citizen can convert all their debt-interest money loans into zero percent, interest-free money loans. The site offers a call to action for the Abraham Lincoln Banking Act.

Bank of Southern California N.A. Announces Senior VP Promotions in San Diego

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced the promotion of Marie Crivello and Debbie Marshall to Senior Vice President. Ms. Crivello joined Bank of Southern California in 2012 as Vice President, Client Relationship Manager. She has over 16 years of banking and client relationship management experience. Ms. Marshall joined the bank in 2011 as Vice President, Deposit Operations, bringing over 30 years of banking, compliance, and risk management experience to the bank.

DocMagic Announces New Premium Rep and Warrant Offering Guaranteed TRID Compliance up to $5M for Mortgage Trade

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., a premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, today announced the development of an extensive set of new reps and warrants for its calculations, documents and data, which provides peace of mind to lenders when it comes to compliance with the TRID rule.