Finance

Finance

Finance news from Mortgage & Finance News magazine

Finance

Finance
Finance news from Mortgage & Finance News magazine

OpenClose Integrates with Timios Inc. to Automate Calculation of Title Settlement Fees

Mortgage and Finance News: (WEST PALM BEACH, Fla.) OpenClose, a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that it integrated with Timios, Inc., a national provider of title and settlement services to banks, financial institutions and mortgage lenders. The integration allows users to efficiently draw all title and settlement fees directly from within OpenClose's LenderAssist(TM) LOS, eliminating data entry, saving time and ensuring fees are fully accurate and TRID compliant.

Mid America Mortgage and Spectrum Mortgage Holdings Partner to Purchase eNotes

Mortgage and Finance News: (ADDISON, Texas) Mid America Mortgage, Inc. (Mid America) announced today that Spectrum Mortgage Holdings has signed on as an eWarehouse line provider for Mid America's eCorrespondent division. Through this partnership, Spectrum will offer lower net worth requirements. on warehouse lines and purchase eNotes from qualified emerging mortgage bankers approved as Mid America eCorrespondent sellers.

David Jargiello returns to VLP Law Group as Partner and General Counsel

Mortgage and Finance News: (PALO ALTO, Calif.) VLP Law Group LLP is pleased to announce that David Jargiello has rejoined the firm as a partner in the Corporate Practice Group and the firm's General Counsel. Mr. Jargiello is a business transactional lawyer with more than 25 years' experience in San Francisco and Silicon Valley primarily representing venture capital funds, professional service firms and legal technology companies in complex corporate finance, corporate securities, fiduciary duty and risk management matters.

Lori Brewer of LBA Ware Named to ‘Leading Ladies’ Category on 2017 ‘Women in Housing’ list

Mortgage and Finance News: (MACON, Ga.) LBA Ware(TM), a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that Founder and President Lori Brewer has been recognized as one of The MReport magazine's 2017 "Women in Housing."

Influx of Traditional Lenders and Directly Licensed Clients Grow HECM Industry, according to ReverseVision

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of software and technology for the reverse mortgage industry, reported a record number of newly licensed lenders entering the Home Equity Conversion Mortgage (HECM) market in 2017, according to data from its RV Exchange (RVX) loan origination system (LOS).

Mid America Mortgage’s Michael Cooksey Named Mortgage Industry ‘Insider’ for 2017 by HousingWire

Mortgage and Finance News: (DALLAS, Texas) The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today that its founder Michael Cooksey has been honored by housing industry trade magazine HousingWire (HW) as one of its "2017 Insiders."

Jason Price of ReverseVision Honored with 2017 HousingWire Insiders Award

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, Inc., the leading provider of software and technology for the reverse mortgage industry, today announced that Product Manager Jason Price has been named to HousingWire's 2017 "Insiders Award" list.

Claire Weber of FormFree Honored with 2017 HW Insiders Award

Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced that Senior Director of Business Operations Claire Weber is a recipient of HousingWire's 2017 Insiders Award, a recognition honoring the unsung heroes behind leading companies in the housing industry.

Sharon Reichhardt of ARMCO Wins HousingWire 2017 ‘Insiders Award’

Mortgage and Finance News: (POMPANO BEACH, Fla.) ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology(TM), announced that Sharon Reichhardt, the company's director of client services, has been awarded placement on HousingWire Insiders list for 2017.

Host Ann Fulmer Delivers Mortgage Industry Analysis for the Busy Exec in New BUZZWORTHY Podcast

Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced the launch of "Buzzworthy," a new podcast hosted by loan quality expert Ann Fulmer and presented in MBA Insights. Buzzworthy delivers unbiased analysis of developing mortgage industry news, market trends and regulatory updates in five minutes or less.

LeaseAccelerator Webinar: Lease Accounting for Oracle ERP Users, ASC 842 and IFRS 16

Mortgage and Finance News: (RESTON, Va.) LeaseAccelerator announced today that it will be hosting an educational webinar on lease accounting for Oracle ERP users seeking to implement a solution for ASC 842 and IFRS 16. The new lease accounting standards, introduced last year, will require companies to track real estate, equipment, and embedded leases as assets and liabilities on their balance sheets by end of 2018.

SDBJ Ranks Mortgage Capital Trading on its Top 100 Fastest-Growing Private Companies List for 2017

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has again landed on the San Diego Business Journal's (SDBJ) 2017 Top 100 Fastest-Growing Private Companies list.

Chuck Simpson of EPIC to Present at 2017 Gulf Coast Safety and Training Group Meeting in Lafayette, Louisiana

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 Gulf Coast Safety and Training Group Meeting on Sept. 8, 2017 at the Lafayette Petroleum Club in Lafayette, Louisiana.

iFOS LLC Awarded $4.9M US Department of Labor Budget Execution Support Services Contract

Mortgage and Finance News: (COLUMBIA, Md.) Intelligent Fiscal Optimal Solutions (iFOS) Managing Consultants, LLC is pleased to announce the notification of a $4.9M, multi-year contract award to provide Budget Execution Support Services to the U.S. Department of Labor (DOL), Office of the Chief Financial Officer (OCFO) located in Washington, D.C. The contract was awarded under iFOS' General Services Administration (GSA) Professional Support Services (PSS) Schedule GS-23F-0102X.

Scott Stoddard of Quandis Designated One of the Top 50 Most Connected Mortgage Professionals in 2017

Mortgage and Finance News: (RANCHO SANTA MARGARITA, Calif.) Quandis, Inc., a leading default management mortgage technology provider, announced that Scott Stoddard, the company's chief executive officer, has been named to National Mortgage Professional (NMP) magazine's 2017 "Top 50 Most Connected Mortgage Professionals" list.

The Mortgage Collaborative (TMC) held its largest 2017 conference with nearly 300 members and vendor partners

Mortgage and Finance News: (NASHVILLE, Tenn.) In the shadow of the first full solar eclipse in 38 years in the continental United States, The Mortgage Collaborative (TMC) held its largest conference to date with nearly 300 members and vendor partners in attendance. TMC has extended its significant membership growth with 20 new members joining the cooperative since its 2017 Winter Conference less than six months ago.

The Capacity Group – an EPIC Company adds Trudi Barton to NJ Team

Mortgage and Finance News: (MAHWAH, N.J.) EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Trudi Barton has joined the firm in Mahwah, New Jersey as part of The Capacity Group - an EPIC Company.

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.

2017 SHRM-Atlanta Symposium: Impacting Employees and Executives Through HR Technology

Mortgage and Finance News: (DULUTH, Ga.) EPIC Insurance Brokers and Consultants (EPIC), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Director of HR Technology Solutions Jamie Chambers will present at the 2017 SHRM-Atlanta Symposium on Tuesday, Aug. 22, 2017 at 3 p.m. at the Infinite Energy Center in Duluth, Ga.

Notarize joins The Mortgage Collaborative (TMC) Preferred Partner Network

Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced a new partnership with Notarize, the nation's first entirely digital mortgage closing and remote notarization provider, adding them to the preferred partner network.

NMP Magazine Names OpenClose President JP Kelly to Annual ‘Top 50 Most Connected Mortgage Professionals’ List

Mortgage and Finance News: (WEST PALM BEACH, Fla.) OpenClose, a multi-channel loan origination system (LOS) and mortgage software solutions provider, announced that its president, JP Kelly, has been awarded the 'Top 50 Most Connected Mortgage Professionals' distinction for 2017 by National Mortgage Professional (NMP) magazine.

City of Atlanta Launches New Employee Wellness Center with help from EPIC Insurance Brokers and Consultants

Mortgage and Finance News: (ATLANTA, Ga.) EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that EPIC client the City of Atlanta recently celebrated the grand opening of a new Wellness Center for city employees. This 12,000-square foot facility is located in the City Plaza building across from Atlanta's City Hall.

Affordable Lending Outreach Pilot Program announced by The Mortgage Collaborative (TMC)

Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, announces a new pilot with a focus on affordable lending support and education for select lenders that are members of TMC's network, using educational resources and materials provided by Fannie Mae.

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.

Strategic Compliance Partners joins The Mortgage Collaborative’s Preferred Partner Network

Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced a new partnership with national compliance solutions provider, Strategic Compliance Partners. The new relationship with Strategic Compliance Partners adds another best-in-class mortgage compliance company to their preferred partner network.

TrumpCare Won’t Help: As America Ages, Long-Term Care Costs Could Overwhelm Families

Mortgage and Finance News: (KIRKLAND, Wash.) The number of Americans age 65 and older is on track to double -- from 46 million now to over 98 million in 2060, when today's 20-somethings will be turning 65. At that time the 65-plus age group's share of the population will have jumped to 24-percent from 15-percent today. "Think of it," says Denise Gott, CEO of ACSIA Partners, "one in four of us will be in the older group, at high risk of needing long-term care."

FormFree hires brand strategist and marketing expert Patricia Ramirez Pinckney as senior director of marketing

Mortgage and Finance News: (ATHENS, Ga.) FormFree has hired brand strategist and marketing expert Patricia "Patty" Ramirez Pinckney as senior director of marketing. In this role, Pinckney will drive planning and implementation of FormFree's marketing campaigns, govern its strategic positioning within the mortgage industry and manage the firm's brand.

Title Guaranty of Hawaii and Simplifile Complete First-Ever E-recording of Hawaii Land Court Document

Mortgage and Finance News: (HONOLULU, Hawai) Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that Title Guaranty has completed the first-ever e-recording of a Land Court document in the state of Hawaii using Simplifile's E-recording service. The document, a mortgage, was submitted into the public record on July 26 in a process that took only minutes.

ReverseVision RV Exchange LOS for HECM Origination selected by Western Ohio Mortgage Corp

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading technology provider for the reverse mortgage industry, today announced that Western Ohio Mortgage Corp. (WOMC) has selected RV Exchange (RVX) loan origination technology to support its Home Equity Conversion Mortgage (HECM) operations.

COO Kara Lamphere Recognized as Leading Female Mortgage Professional by HousingWire, Mortgage Professional America

Mortgage and Finance News: (ADDISON, Texas) Mid America Mortgage, Inc. (Mid America) announced today that Chief Operating Officer (COO) Kara Lamphere has been honored by two mortgage industry media outlets for her contributions to both Mid America and the industry at large.