News Topic: Business
News: Bank of Southern California, N.A. Announces Third Quarter 2019 Results
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the third quarter ended September 30, 2019. Total assets grew to $839 million at September 30, 2019, a 14% increase compared to the third quarter of 2018.
News: Malicious Mediation and Manipulation: When Mediators and Lawyers Hide Abusive Tactics Behind Confidentiality
Mortgage and Finance News: (HOUSTON, Texas) Wendy Meigs, Texas Pharmacist and Founder of SMA Education and Support, warns the public about the current evolution of mediation into a malicious "kangaroo court" to promote predetermined self-serving outcomes for mediators and lawyers as mediation confidentiality enhances the abuse of the already vulnerable.
News: IDS Adds Integrated 4506-T Income Verification Services from QuestSoft to Its Mortgage Document Preparation Platform
Mortgage and Finance News: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), today announced it has integrated 4506-T Verification Services from QuestSoft Corporation, one of the nation's leading providers of automated mortgage compliance software, into idsDoc.
News: ARMCO Completes Fast Track 45-Day Implementation Delivering on Bay Equity’s QC Update Deadline
Mortgage and Finance News: (POMPANO BEACH, Fla.) ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has implemented ACES Audit Technology(TM) for Bay Equity Home Loans, well within the lender's 45-day deadline for launching its new quality control (QC) operations.
News: MCT Launches InvestorMatic™ Program to Elevate the Whole Loan Trading Experience Between Lenders and Investors
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 officially introduced a unique program called InvestorMatic in the lead up to the MBA Annual Convention & Expo in Austin, Texas.
News: FormFree Teams Up with LexisNexis Risk Solutions to Revolutionize Digital Mortgage Loan Applications for Borrowers and Lenders
Mortgage and Finance News: (ATLANTA, Ga.) FormFree has teamed up with LexisNexis Risk Solutions to help lenders intelligently pre-fill the Universal Residential Loan Application (Form 65/1003) for mortgage applicants. The combined solution significantly reduces the amount of information a consumer must manually input.
News: Industry Veteran Chris Olsen Joins OpenClose as Vice President of Sales Engineering
Mortgage and Finance News: (WEST PALM BEACH, Fla.) OpenClose, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that it added technology veteran Chris Olsen to help further expand its sales department. Chris holds the newly created position of vice president of sales engineering.
News: LBA Ware’s CompenSafe™ Enhances the Loan Originator Experience at Guaranteed Rate
Mortgage and Finance News: (MACON, Ga.) LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, today announced that Guaranteed Rate Companies has improved internal processes and enhanced the loan originator (LO) experience with the implementation of CompenSafe.
News: SimpleNexus Integrates with Reggora, Enabling Loan Originators to View and Manage Appraisals on the Go
Mortgage and Finance News: (LEHI, Utah) SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has partnered with Reggora, the leading automated appraisal technology for mortgage lenders and appraisers in delivering a range of origination solutions for the mortgage industry.
News: ReverseVision Unveils New Tech Strategy with Major Platform Updates and Brand Transformation at 2019 MBA Annual Conference
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced its transformation as an API-enabled flexible reverse lending platform, unveiling a new logo as part of its revised mission and rebranding.
News: Bank of Southern California, NA and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Agreement to Merge
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby CalWest 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 CALW and BCAL.
News: Legacy Global Development Announces High Demand for Bungalows at Orchid Bay, Belize with New Homes Under Construction Featuring Brand New...
Mortgage and Finance News: (SAN DIEGO, Calif.) Legacy Global Development today announced that its Bungalows at Orchid Bay, Belize are selling out fast. There are currently only four Bungalows still available, two of which have waterfront locations. As the Bungalows have become highly desirable to homebuyers, prices have gone up for the second time this year on the waterfront locations, and new bungalows are currently under construction to satisfy its popular demand.
News: STRATMOR Group’s 2019 Technology Insight Study Again Scores MCT Highest for Overall Satisfaction, Lender Loyalty, and Lender Share
Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that the study results from STRATMOR Group's 2019 Technology Insight Study show MCT as the industry leader in lender share, overall satisfaction, and Lender Loyalty Score(r) in the Production Pipeline Hedging category.
News: New DocMagic Mobile Application Leverages Backend Technology to Fill Critical Gap in Digital Lending Workflow
Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced the launch of its new LoanMagic mobile application. LoanMagic, which is provided free to all DocMagic customers, leverages a powerful backend platform that provides full interoperability with DocMagic solutions, as well as other third-party mortgage software.
News: FormFree Welcomes Christy Moss, CMB as Director of Partner Relationships
Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced it has appointed former Fannie Mae Strategic Business and Relationship Manager Christy Moss, CMB as director of partner relationships. In her role at FormFree, the 30-year mortgage industry veteran will strengthen and grow industry partnerships and cultivate internal talent as leader of the company's strategic sales team.
News: Debra Johnston Offers a Masterpiece Buckhead Atlanta Estate Located in Coveted Chastain Park
Mortgage and Finance News: (ATLANTA, Ga.) Debra Johnston of Berkshire Hathaway Home Services Georgia Properties offers an exceptional property in Atlanta offered for 5.675 Million. If you've ever dreamed of living under the Tuscan sun, this exquisite, European-inspired Buckhead estate built in 2005 can make this wish a reality. Custom built by Harrison Design.
News: Bank of Southern California NA Names Jacob Mathews Managing Director of Business Banking
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Jacob Mathews has joined the company as Managing Director of Business Banking. He will be responsible for expanding Bank of Southern California's client base by actively seeking new business opportunities in Los Angeles County and Orange County.
News: The Nation’s 34th Largest Retail Insurance Broker Prime Risk Partners Joins EPIC
Mortgage and Finance News: (ATLANTA, Ga.) Prime Risk Partners Inc. and EPIC Insurance Brokers & Consultants, announced today that they have entered into an agreement to join forces. EPIC, founded in 2007, has grown to become one of the 15 largest U.S. retail insurance brokers and the nation's 9th largest privately-held insurance brokerage.
News: FormFree’s Brent Chandler, Faith Schwartz Lend Their Expertise to Prominent Mortgage Industry Events
Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced that company board member Faith Schwartz and Founder and CEO Brent Chandler have been invited to share their subject matter expertise at prominent upcoming mortgage industry events. Schwartz and Chandler will participate on panels at the Mortgage Bankers Association's (MBA) Annual Convention and Expo and NEXT Mortgage Events' #NEXTDC19 conference, respectively.
News: MyKabin Officially Completes Its First Backyard Cottage as Seattle Detached ADU (DADU) Landscape Shifts
Mortgage and Finance News: (SEATTLE, Wash.) MyKabin, a Seattle construction firm specializing in making it easier, faster and less expensive for homeowners to build a personalized and sustainable detached accessory dwelling unit, just completed its first backyard cottage build at a Madison Valley home.
News: EPIC’s Kamran Khaliq Recognized as 2019 ‘Young Gun’ by Insurance Business America
Mortgage and Finance News: (NEW YORK, N.Y.) EPIC Insurance Brokers and Consultants, a unique and innovative national retail insurance brokerage and employee benefits consulting firm, announced today that Kamran Khaliq, Vice President, Private Equity and M&A, has been named a 2019 Insurance Industry "Young Gun" by Insurance Business America (IBA).
News: Atlanta Real Estate Insider Lindsay Levin Offers Historic Golfer’s Paradise in the Heart of Buckhead
Mortgage and Finance News: (ATLANTA, Ga.) A beautiful estate, with one of a kind English architecture, situated on an estimated 2 gated acres was just listed in Buckhead. Lindsay Levin of Berkshire Hathaway HomeServices Georgia Properties represents the listing of 3645 Nancy Creek Road NW with an asking price of $3.8 million.
News: Jim McCann Lists a Masterpiece Residence Located within the Historic Estate Section of Palm Beach
Mortgage and Finance News: (PALM BEACH, Fla.) Luxury Palm Beach Agent, Jim McCann, lists a remarkable Palm Beach estate offered for $12.9 Million. Taking center stage at the heart of over half an acre of exquisitely manicured grounds designed by the acclaimed Landscape Architect, Mario Nievera, this unique and unrivaled French-Normandy style residence is simply without comparison.
News: AutoAwards Shares Tips to Boost F&I Sales Through An Auto Dealership Maintenance Program (PPM)
Mortgage and Finance News: (ODESSA, Del.) AutoAwards, a leader in loyalty marketing for auto dealerships, realizes sales are extremely competitive and difficult at times. Starting a rewards program can help auto dealerships overcome weak sales. AutoAwards has proven solutions to help dealerships increase sales performance across all departments.
News: EPIC Insurance Brokers and Consultants Announces Launch of New Healthcare Practice – Edgewood Healthcare Advisors
Mortgage and Finance News: (SAN FRANCISCO, Calif.) EPIC Insurance Brokers & Consultants (Edgewood Partners Insurance Center or EPIC), a retail property and casualty insurance brokerage and employee benefits consultant, announced today the expansion and reorganization of its healthcare practice.
News: MCT’s COO Phil Rasori Honored with HousingWire Tech Trendsetters Award
Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its COO, Phil Rasori, has been designated to HousingWire's inaugural Tech Trendsetters award list. Phil is credited with being instrumental in the architecture and launch of multiple innovative capital markets solutions.
News: SimpleNexus Recognized as Fastest Growing Utah Company by Utah Business Fast 50 and Utah Valley UV50 Lists
Mortgage and Finance News: (LEHI, Utah) SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has been ranked among the fastest-growing companies in the state by both Utah Business and Utah Valley BusinessQ magazines. SimpleNexus was named a top Emerging Company on Utah Business Magazine's Fast 50 list and was honored by Utah BusinessQ as a UV50 winner.
News: Best U.S. Theme Parks Celebrated in Top Villas Awards
Mortgage and Finance News: (ORLANDO, Fla.) Top Villas, one of the world's leading luxury villa rental specialists, has unveiled its ranking of the best theme parks to visit in the United States through the inaugural Theme Park Awards.
News: MQMR: FNMA Updates to Selling Guide Compels Lenders to Conduct Independent Audit Reviews of QC Process Before Year’s End
Mortgage and Finance News: (LOS ANGELES, Calif.) Mortgage Quality Management and Research, LLC (MQMR) President Michael Steer reminded lenders to conduct an independent audit review of their quality control (QC) process immediately in deference to updates to "Subpart D1, Lender QC Process" of the Fannie Mae Selling Guide.
News: NotaryCam’s Rick Triola Named a 2019 HousingWire Tech Trendsetter
Mortgage and Finance News: (NEWPORT BEACH, Calif.) NotaryCam(R), the leader in online notarization and original provider of mortgage eClosing solutions, today announced that its Founder and CEO Rick Triola has been named a 2019 Tech Trendsetter by HousingWire magazine as part of its inaugural HW Tech Trendsetter Awards(TM) program.