News Topic Business

News Topic: Business

News: IDS Gains Market Share in 2017 Despite Industry Downturn

Mortgage and Finance News: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it increased its share of the mortgage document preparation market in 2017, even though the industry overall experienced a decline in volume. In February, idsDoc introduced new borrower data collection fields that support compliance with the 2018 changes to Home Mortgage Disclosure Act (HMDA) reporting.

News: RoundPoint and Matic Automate Homeowner’s Insurance for Homebuyers, Mortgage Servicing Customers and RoundPoint Employees

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 a wide-ranging integration with RoundPoint Mortgage Servicing Corporation, a mortgage loan originator and one of the nation's largest non-bank mortgage servicing companies. The integration will make Matic's one-click "get quote" button available to both customers and employees of RoundPoint.

News: Suzannah Gill of EPIC to Present on Millennial Brokers at Employee Benefit Adviser’s Workplace Benefits

Mortgage and Finance News: (ATLANTA, Ga.) EPIC Insurance Brokers and Consultants ('EPIC'), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that EPIC Benefits Strategy Consultant Suzannah Gill will present at the Employee Benefit Adviser's Workplace Benefits Renaissance on March 1, 2018 at 10 a.m. at the Borgata Hotel Casino and Spa in Atlantic City, N.J.

News: Virginia Startup CounterFlow AI closes $2.7M Seed Round

Mortgage and Finance News: (CHARLOTTESVILLE, Va.) Cybersecurity startup CounterFlow AI, Inc. announced last week that it has raised $2.7 million in seed funding from Osage University Partners, the Charlottesville Angel Network, and a number of individual investors who also supported the founders' previous venture, nPulse Technologies (acquired by FireEye in 2014).

News: Matic Challenges US Mortgage Lenders, Insurers to Help Families Achieve Affordable Housing

Mortgage and Finance News: (SHERMAN OAKS, Calif.) Matic Insurance, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, is calling on mortgage lenders, realtors and insurance providers nationwide to support Housed & Hopeful, a public / private partnership with non-profit Mortgage Professionals Providing Hope (MPPH) that aims to house America's homeless families.

News: EPIC Insurance adds Maurice Edwards, Walter Palmer and their Risk Solutions Team

Mortgage and Finance News: (HOUSTON, Texas) EPIC Insurance Brokers and Consultants ('EPIC'), a leading retail property and casualty insurance brokerage and employee benefits consultant, announced today the addition of Enterprise Risk Management veteran Maurice (Moe) Edwards, retail Loss Prevention expert Walter Palmer, and their team of Risk Assurance and Asset Protection professionals.

News: CUMAnet Selects Simplifile Collaboration and Post Closing Services

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 CUMAnet has begun using Simplifile Collaboration and Post Closing services to provide credit union clients with a centralized platform that facilitates the effortless exchange of information with settlement partners. CUMAnet intends to expand usage to facilitate electronic document recording for mortgage satisfactions.

News: Bank of Southern California N.A. and Americas United Bank Announce Agreement to Merge

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL) and Americas United Bank (OTC Pink:AUNB), today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby Americas United 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 AUB and BCAL, and is expected to close in Q3 2018.

News: LendingQB Makes FormFree’s Award-Winning AccountChek Asset Verification Part of Its ‘Lean Lending’ Loan Origination Software

Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced the availability of its AccountChek automated asset verification service within LendingQB's web-based loan origination software (LOS). The integration enables lenders to order AccountChek Asset Reports directly from LendingQB's verifications dashboard.

News: NEXT Mortgage Conference Announces ‘NEXT Who’s Who’ Winners

Mortgage and Finance News: (EDMOND, Okla.) NEXT Mortgage Events LLC, a creator of NEXT, the mortgage technology conference for women, has announced the winners of the inaugural 2018 NEXT Who's Who list. More than 70 percent of NEXT's inaugural conference attendees participated by naming up to three attendees.

News: Tax Notice Book ‘Now What? I Got a Tax Notice from the IRS. Help!’ released today by SFS Tax Problem...

Mortgage and Finance News: (STUART, Fla.) SFS Tax Problem Solutions Press announces the release of "Now What? I Got a Tax Notice from the IRS. Help!" (ISBN: 978-0692997154) by Jeffrey Schneider. "Now What?" is available nationwide today in paperback. It will be published in an eBook edition in March and an audio book edition in June 2018. Schneider defines and deconstructs the scary and confusing letters in a fashion that mixes attention to detail with humor and an intricate clarification of what-is-what in the world of the IRS.

News: American Truck Dealers 20 Group Meeting: Frenkel & Company – an EPIC Company’s Michael Feinstein Presents on Cyber Liability

Mortgage and Finance News: (NEW YORK, N.Y.) EPIC Insurance Brokers and Consultants (EPIC), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Michael Feinstein, executive vice president of Frenkel & Company - an EPIC Company, will present at the American Truck Dealers (ATD) 20 Group Meeting on Monday, Feb. 19, 2018 at 7 a.m. at the Phoenician in Scottsdale, Ariz.

News: Delta Care Rx Now Integrates with Suncoast Electronic Medical Records

Mortgage and Finance News: (PITTSBURGH, Pa.) Delta Care Rx, a leading pharmaceutical innovator in end of life care, announces a robust integration with Suncoast by Complia Health, a leading global provider of home health care and hospice software solutions.

News: OpenClose Bolsters Software Integration and Support Teams

Mortgage and Finance News: (WEST PALM BEACH, Fla.) OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that it has added staff to its integration and customer support departments. The new hires will help enhance OpenClose's existing software products, facilitate digital mortgage processes, produce fintech-level innovation and provide excellence in customer support. The company also recently added three senior software engineers to its development team.

News: ARMCO Named a ‘Top 100 Mortgage Employer’ by National Mortgage Professional Magazine for Second Consecutive Year

Mortgage and Finance News: (POMPANO BEACH, Fla.) ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology, announced that was named among National Mortgage Professional (NMP) magazine's annual Top 100 Mortgage Employers list for 2018. This is the second consecutive year the company has been recognized with this distinction.

News: Pavaso Leads Charity Effort Benefitting Girls Inc. of Metropolitan Dallas at NEXT Mortgage Conference

Mortgage and Finance News: (EDMOND, Okla.) NEXT Mortgage Events LLC ('NEXT'), a creator of events for women mortgage executives, has announced that Pavaso, a mortgage industry leader in eClosing and consumer management technology solutions, led a charity effort that raised over $2,200 for Girls Inc. of Metropolitan Dallas, at NEXT, the mortgage industry's only technology-centric conference for women executives.

News: MQMR Taps Mitchell Nomura as Internal Audit Manager

Mortgage and Finance News: (LOS ANGELES, Calif.) Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, announced it has hired Mitchell Nomura as internal audit manager. In this role, Nomura will apply his more than 30 years of experience overseeing compliance and risk management departments at bank and non-bank lenders to leading MQMR's team of expert internal auditors as they identify compliance and operational risks for mortgage lender clients.

News: TeamSnap Launches Fully Integrated Payment Solutions for Sports Organizations

Mortgage and Finance News: (BOULDER, Colo.) TeamSnap, the household name in sports-tech management, announced today the expansion of their integrated payment platform with the launch of a new Invoicing feature - designed to make collections easier for sports administrators, coaches, parents and players. To power the new platform, TeamSnap has expanded its successful partnership with WePay.

News: LBA Ware CEO Lori Brewer Named to 2018 MPA Hot 100 List for Technology Contributions to Mortgage Industry

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 today that its CEO Lori Brewer has been named to Mortgage Professional America (MPA) magazine's "2018 Hot 100" list. Brewer was recognized for her entrepreneurship and innovation in pioneering the development of a first-of-its-kind software solution to automatically calculate loan officer (LO) compensation.

News: Global DMS Launches EVO-Commercial, a Next-Generation Valuation Management Software Platform for Commercial Lending

Mortgage and Finance News: (SAN DIEGO, Calif.) Global DMS, a leading provider of cloud-based valuation management software, announced that it launched EVO-Commercial (EVO-C) at the MBA's CREF/Multifamily Housing Convention and Expo being held in San Diego February 11 - 14, 2018. The new platform is 100 percent configurable, fully customizable, quick and easy to implement, eliminates numerous steps in the workflow process, lowers system maintenance costs and empowers end-users as well as management teams, among many other efficiency gains.

News: Simplifile VPs Nancy Alley, Vicki DiPasquale Recognized in MPA’s 2018 Hot 100

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 Simplifile Vice President of Strategic Planning Nancy Alley and Vice President of Sales Vicki DiPasquale were named to Mortgage Professional America magazine's 2018 Hot 100. The honor, now in its sixth year, recognizes '100 movers and shakers who are heating things up in the mortgage world.'

News: The Cooksey Team Founder Michael Cooksey Recognized by Mortgage Professional America in 2018 Hot 100

Mortgage and Finance News: (ADDISON, Texas) The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today its founder Michael Cooksey has been honored by housing industry trade magazine Mortgage Professional America (MPA) on its 2018 Hot 100 list. He was recognized for his role as founder of The Cooksey Team, one of Mid America Mortgage's most successful branches.

News: Mid America Mortgage CEO Jeff Bode Recognized by MPA in ‘2018 Hot 100’

Mortgage and Finance News: (ADDISON, Texas) Mid America Mortgage, Inc. today announced that owner and CEO Jeff Bode has been honored by Mortgage Professional America magazine in publication's sixth annual 2018 Hot 100 list of mortgage industry professionals who have made a notable impact over the past year.

News: TRK Connection CTO Randy Abbey Named to MPA’s 2018 Hot 100

Mortgage and Finance News: (SALT LAKE CITY, Utah) TRK Connection, a leading provider of mortgage quality control and origination management solutions, announced today that Chief Technology Officer Randy Abbey has been named to Mortgage Professional America magazine's 2018 Hot 100. He was recognized for contributing unique technology-based innovations in mortgage quality control (QC) and risk management.

News: Cloudvirga’s Kyle Kamrooz Named to MPA Hot 100 List of Top Mortgage Industry Innovators

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, today announced that its Co-founder and Chief Strategy Officer Kyle Kamrooz has been named to Mortgage Professional America (MPA) magazine's annual Hot 100 list of the leaders and visionaries making the biggest impact on America's mortgage industry. Kamrooz was recognized for spearheading Cloudvirga's transformative contributions to reducing mortgage back-office costs through digital mortgage technology.

News: Mortgage Professional America Names Matic Co-Founder Ben Madick to Its Hot 100 List of Industry Visionaries

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, announced today that company co-founder and COO Benjamin Madick has been named one of Mortgage Professional America magazine's "Hot 100." Madick was recognized for his career-long contributions to the mortgage industry and for establishing the strategic partnerships that have fueled Matic's rapid growth.

News: FormFree’s Brent Chandler Named Among Mortgage Professional America’s Hot 100

Mortgage and Finance News: (ATHENS, Ga.) FormFree today announced that company founder and CEO Brent Chandler has been recognized by Mortgage Professional America magazine in its annual Hot 100 list of mortgage professionals whose contributions are shaping America's home finance future. Chandler was recognized as the creator of AccountChek - the mortgage industry's first automated asset verification tool - and for advancing innovative approaches to income and employment verification using asset data and augmented intelligence (AI).

News: ReverseVision Vice President of Sales and Marketing Wendy Peel Included in MPA’s 2018 Hot 100

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision,, Inc., 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 named to Mortgage Professional America (MPA) magazine's Hot 100 list. Peel was selected for her influential role in bringing HECM loans into the mortgage mainstream as part of a Generational Lending approach to serving borrower needs across the consumer lifecycle.

News: Movement Mortgage Implements CompenSafe to Automate LO Compensation

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 that South Carolina-based Movement Mortgage has implemented CompenSafe to automatically calculate commissions for its loan originators (LOs) located in 700 branches across 49 states.

News: Bank of Southern California, N.A. Announces Fourth Quarter and Year-end 2017 Results

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,134,397 for the fourth quarter of 2017, compared to $1,088,043 for the third quarter of 2017 and $902,476 for the fourth quarter of 2016. For the year, net earnings were $3,964,692 in 2017, a 32 percent increase compared to $3,009,251 for 2016. Results for the fourth quarter and year ended December 2017 include a $200,000 increase in income tax expense due to recent Tax Reform legislation.