Finance

Finance

Finance news from Mortgage & Finance News magazine

Finance

Finance
Finance news from Mortgage & Finance News magazine

News: ARMCO Wins HousingWire’s HW Tech100 Award for Fourth Consecutive Year

Mortgage and Finance News: (POMPANO BEACH, Fla.) ACES Risk Management (ARMCO), the leading provider of financial risk mitigation and compliance solutions, announced that it has won HousingWire's fifth annual HW Tech100 award, which recognizes the 100 most innovative technology companies in the U.S. housing economy. This is the fourth consecutive year that ARMCO has won the prestigious award.

News: ReverseVision and Allegiant Reverse Services Partner to Simplify Title Ordering for HECM Loans

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced a partnership with Allegiant Reverse Services (ARS), a full-service title and settlement company with an exclusive focus on reverse mortgage closings.

News: Ascend Federal Credit Union Automates its Residential Mortgage Lending Business with OpenClose’s LenderAssist LOS and DecisionAssist PPE

Mortgage and Finance News: (WEST PALM BEACH, Fla.) OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that Ascend Federal Credit Union (Ascend) is leveraging its LenderAssist(TM) LOS platform and DecisionAssist(TM) product and pricing engine (PPE). OpenClose's completely browser-based solution has delivered additional efficiencies and heightened service levels for the credit union's growing mortgage lending division.

News: Ready for Next Tax Season? New TaxBird App Designed for People with Homes in More than One State

Mortgage and Finance News: (NAPLES, Fla.) With this year's tax season in the rear-view mirror, there's no better time to start prepping for the next round. TaxBird - a new tax app developed by ware2now, LLC - helps people with homes in more than one state ensure they don't exceed their residency threshold. It's useful to tax professionals and estate planners too.

News: ACEC Business Insurance Trust looks to the future, appointing Greyling / EPIC as New Broker and Program Administrator

Mortgage and Finance News: (SAN FRANCISCO, Calif.) The Trustees of the American Council of Engineering Companies (ACEC) Business Insurance Trust (BIT) and EPIC Insurance Brokers & Consultants announced today that Greyling Insurance Brokerage & Risk Consulting - a division of EPIC was selected as the broker and program administrator for the ACEC BIT Program effective January 1, 2018.

News: East Bay Law Office, Absolute Trust Counsel, Launches Podcast, Absolute Trust Talk

Mortgage and Finance News: (WALNUT CREEK, Calif.) Greater Bay Area estate planning firm Absolute Trust Counsel announces the launch of the Absolute Trust Talk podcast. 'Absolute Trust Talk' is a new avenue to educate clients and prospects on a wide variety of trending business and financial wellness topics and how they can make better-informed decisions when planning for the future.

News: Cloudvirga Adds Award-Winning Appraisal Order Management from Mercury Network to Its Digital Mortgage Point-of-Sale Platform

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the Intelligent Mortgage Platform, today announced its completion of a fully automated, lights-out integration with Mercury Network, part of CoreLogic (NYSE:CLGX) and one of the industry's largest appraisal order management platforms.

News: MCT Wins PROGRESS in Lending Association’s 2018 Innovation Award for its New Bid Auction Manager (BAM) Whole Loan Trading Technology

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that PROGRESS in Lending Association, the industry's premier mortgage technology focused organization, presented the company with its annual Innovation Award for the rapid adoption and impact of its Bid Auction Manager(TM) (BAM) within the whole loan trading market.

News: Matic Marks Commitment to Compliance with Appointment of Shaz Kojouri to Senior Management Team

Mortgage and Finance News: (SHERMAN OAKS, Calif.) Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced it has tapped Shahrzad "Shaz" Kojouri as VP of legal and compliance. Prior to joining Matic, Kojouri was assistant general counsel for nonprofit student loan provider AccessLex Institute.

News: ReverseVision Vice President of Sales and Marketing Wendy Peel Honored with MBA Insights 2018 Tech All-Star

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced today that Vice President of Sales and Marketing Wendy Peel has been honored with the MBA Insights 2018 Tech All-Star Award.

News: Veros and IDS Partner on Integrated Solution for Fannie Mae and Freddie Mac UCD Data Submissions

Mortgage and Finance News: (SANTA ANA, Calif.) Veros Real Estate Solutions (Veros), a leading developer of enterprise risk management, collateral valuation, and predictive analytics services, and mortgage document preparation vendor International Document Services, Inc. (IDS) announced today that they have partnered to provide lenders with a fully integrated automated delivery solution for submitting the Uniform Closing Dataset (UCD) to the Government Sponsored Enterprises (GSEs).

News: IDS Adds Hybrid eClosing Capabilities to Its Mortgage Doc Prep Platform

Mortgage and Finance News: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), announced that its clients now have the capabilities to conduct hybrid electronic mortgage closings through its flagship mortgage document preparation platform, idsDoc. Hybrid eClosings allow for faster, more seamless mortgage real estate closing transactions, which can help lenders meet the Consumer Financial Protection Bureau's (CFPB) "Know Before You Owe" mandate to improve the borrower experience for consumers.

News: EPIC’s Chuck Simpson to Present at AESC Safety, Wireline, Trucking Conference and Tradeshow

Mortgage and Finance News: (BIRMINGHAM, Ala.) EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Senior Risk Control Consultant Chuck Simpson will present at the Association of Energy Service Companies (AESC) Safety, Wireline, Trucking Conference & Tradeshow on Wed., April 18 at 10 a.m. at the Dallas/Fort Worth Marriot Hotel in Fort Worth, Texas.

News: Cloudvirga and Freddie Mac Team Up to Deliver a Better Borrower Experience, Maximize Fungibility

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today launched single-click submission of loan data to both GSEs' automated underwriting systems (AUS) in a collaborative effort with Freddie Mac (OTCMKTS: FMCC), delivering on the industry need for greater transactional ease.

News: MQMR Advises Mortgage Lenders to Supplement Resources for Compliance Guidance

Mortgage and Finance News: (LOS ANGELES, Calif.) MQMR (Mortgage Quality Management and Research) President Michael Steer today urged lenders to seek additional resources for compliance advice to ensure total compliance with regulatory requirements.

News: IDS, Inc. Advises Mortgage Lenders to Address UCD Warnings Prior to June 25 Deadline

Mortgage and Finance News: (SALT LAKE CITY, Utah) Mortgage document preparation vendor, International Document Services, Inc. (IDS), has announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac's Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Effective June 25, 2018, the GSEs will fire a fatal edit in their Loan Delivery systems if the UCD status is "Not Successful" or a UCD was not submitted. (UPDATED)

News: FinKube Launches New Website for Innovative Chatbot

Mortgage and Finance News: (DALLAS, Texas) FinKube, a company that provides AI-powered Platform-as-a-Service solutions for a range of industries, announced today that it has launched a new website for its intelligent, conversational chatbot, ELSA. The arrival of the new site coincides with FinKube's expanding role as an AI provider for industries beyond US financial services.

News: Alterra Home Loans Selects LBA Ware’s CompenSafe to Increase Mortgage Origination Productivity, Contain Operating Costs

Mortgage and Finance News: (MACON, Ga.) LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lenders, today announced that top ranking Nevada-based retail mortgage lender, Alterra Home Loans has chosen CompenSafe(TM) to automate commissions for its 65 branch offices licensed to operate in 30 states and deliver operational insights to executive management on its branches and sales staff.

News: Bank of Southern California NA Expands Commercial Banking Team to Serve Orange County and Los Angeles Region

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, is pleased to announce the hiring of two seasoned banking and lending professionals to further support the Bank's expansion in Southern California.

News: EPIC Adds Steve Denton as President of Parent EPIC Holdings Inc.

Mortgage and Finance News: (SAN FRANCISCO, Calif.) EPIC (Edgewood Partners Insurance Center dba EPIC Insurance Brokers & Consultants) today announced the addition of insurance industry veteran Steve Denton as President of its parent company EPIC Holdings, Inc. reporting to EPIC Holdings CEO John Hahn. Denton will join EPIC as of May 1, 2018.

News: Community Bank Helps Foster Future Leaders with Support of ‘Leader In Me Program’

Mortgage and Finance News: (OSCEOLA, Iowa) Clarke County State Bank (CCSB), through the John T. Vucurevich Foundation, continues to support Clarke Elementary School as an official school in "The Leader in Me" program. Since 2012, CCSB has been a strong contributor to the program providing the base funding for its launch with foundation grants and bank donations.

News: Patrick Macdonald-King Joins Hyperion Media Group as Strategic Advisor

Mortgage and Finance News: (HOLLYWOOD, Calif.) Exiting his role as Prime Focus Technologies President after completing his earn out and the roll-out of the company's award-winning DAX Platform, Patrick Macdonald-King has agreed to join the Advisory Board of film and technology finance firm Hyperion Media Group to help create a fund focused on content, and the intersection of content and technology.

News: Worldwide Broker Network, Member Host EPIC Announce 58th Global Conference in San Antonio Texas

Mortgage and Finance News: (SAN ANTONIO, Texas) The Worldwide Broker Network (WBN), the world's largest fully integrated international network of independent Property & Casualty and Employee Benefits brokers, has announced its 58th Global Conference on April 11-14, 2018 in San Antonio. Partnering with Member Host EPIC Insurance Brokers and Consultants, the 2018 Global Conference will include more than 300 brokers, carrier sponsors, and speakers from more than 100 countries.

News: FormFree Selected to Showcase at MBA Technology Solutions Conference and Expo 2018 in Detroit

Mortgage and Finance News: (ATHENS, Ga.) Automated verification provider FormFree(R) announced that it has been selected to present at the Mortgage Bankers Association's Technology Solutions Conference & Expo 2018, taking place April 15-18 at the Detroit Marriott at the Renaissance Center.

News: National Mortgage Professional Magazine Designates Quandis a 2018 Top Mortgage Employer

Mortgage and Finance News: (RANCHO SANTA MARGARITA, Calif.) Quandis, Inc., a leading default management mortgage technology provider, announced that it was named to National Mortgage Professional magazine's (NMP) Top Mortgage Employers list for 2018. Quandis was one of only ten companies to be included in the publication's 'Services Providers' award category.

News: IDS Advises Mortgage Lenders to Address UCD Warnings Prior to June 25 Deadline

Mortgage and Finance News: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac's Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Beginning June 25, UCD files that trigger a warning will not be accepted by the GSEs.

News: HousingWire Honors Matic as Top Innovator in Housing Tech

Mortgage and Finance News: (SHERMAN OAKS, Calif.) Matic, a fintech company whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced it has been named to HousingWire's 2018 Tech100 list of the most innovative tech providers in the housing industry.

News: HousingWire Names ReverseVision to Its TECH100 List of Housing’s Most Innovative Tech Companies for a Third Year

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has been named to HousingWire's HW Tech100(TM) list of innovative housing technology companies for a third time. Previously recognized in 2015 and 2017, ReverseVision is the only provider of Home Equity Conversion Mortgage (HECM) technology to receive this distinction.

News: Cloudvirga Named to HousingWire’s TECH100 List of Most Innovative Tech Companies in Real Estate and Housing

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(R), today announced it has been named to HousingWire's 2018 TECH100 list of the most innovative technology companies in U.S. real estate, mortgage lending, mortgage servicing and investments.

News: Simplifile Recognized as an Innovative Mortgage Technology Company on 2018 HW Tech100

Mortgage and Finance News: (PROVO, Utah) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it has been included on the fifth annual HW Tech100 list published by housing and mortgage industry trade magazine HousingWire. This year marks the third consecutive year Simplifile has made the Tech100 list, which recognizes, "the most innovative technology companies in the U.S. housing economy, spanning real estate, mortgage lending, mortgage servicing, and investments."