News Topic California Business

News Topic: California Business

News: Paragon Insurance Holdings to Sell its Direct Retail Wine Industry Business

Mortgage and Finance News: (SAN FRANCISCO, Calif.) Paragon Insurance Holdings LLC today announced the sale of the firm's direct retail wine industry business to retail insurance broker EPIC Insurance Brokers & Consultants. The accounts in question came to Paragon in the fall of 2017 when they purchased wine industry specialist John Sutak Insurance Brokers, along with two winery programs from the Argo Group.

News: Bank of Southern California NA Hires Juliana Rowland as Managing Director in Orange County

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, has announced the appointment of Juliana Rowland as Managing Director in Orange County. She will be responsible for cultivating new client relationships for the Bank with a focus on Orange County's business community.

News: MCT Hires Industry Veteran Rhiannon Bolen as Regional Sales Manager to Satisfy Increasing Demand for its Product and Service Offerings

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Rhiannon Bolen has joined the company's sales team as one of its Regional Sales Managers and will be responsible for overseeing the Southern territory.

News: Former Roostify exec joins Cloudvirga as chief customer success officer

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage software, today announced the appointment of Jesse Decker to the role of chief customer success officer. Decker will lead the company's customer success division and work collaboratively with its product development and marketing teams to help leading mortgage lenders leverage the full potential of Cloudvirga's revolutionary point-of-sale (POS) products.

News: More than 500 Expected to Attend 17th Annual Sacramento Event: Women in Law Enforcement Community Awards

Mortgage and Finance News: (SACRAMENTO, Calif.) More than 500 people are expected to attend the 17th annual award luncheon Saturday, November 17th, to recognize winners of the "Women in Law Enforcement" Business and Community Awards presented by the Sacramento Chapter of the National Coalition of 100 Black Women.

News: Bank of Southern California, NA Announces Third Quarter 2018 Financial Results (OTC:BCAL)

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL) announced quarterly net income of $874,988 for the third quarter of 2018, compared to $1,088,043 for the third quarter of 2017. For the nine months ended September 30, 2018, net income was $3,253,441, compared to $2,830,295 for the nine months ended September 30, 2017. Results for the quarter and nine months ended Sept. 30, 2018, include approximately $1.2 million and $1.6 million, respectively, in expenses related to the acquisition of Americas United Bank (OTC Pink: AUNB), which was completed on July 31, 2018.

News: NotaryCam to Offer Complimentary Notarizations for Active Duty, Retired U.S. Military Members in Honor of Veterans Day

Mortgage and Finance News: (NEWPORT BEACH, Calif.) NotaryCam(R) today announced it would offer free remote online notarization (RON) sessions to United States veterans and current service members in honor of Veterans Day as part of its semi-annual "Help a Hero" initiative. From Friday, November 9 through Monday, November 12, active duty and retired service members can connect to a live notary public via NotaryCam's secure virtual signing room to legally notarize, sign and execute documents and agreements online from anywhere in the world.

News: Cloudvirga’s Michael Schreck and Kyle Kamrooz lauded among Orange County’s most influential business leaders

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage software, today announced that company CEO Michael Schreck and Co-founder Kyle Kamrooz have been named to Orange County Business Journal's "OC 500" list of the most influential business leaders in Orange County, California.

News: Leslie Kavanaugh Announces Opportunity to Own Best Home in Malibu’s Most Coveted Area of Point Dume

Mortgage and Finance News: (BEVERLY HILLS, Calif.) Luxury Estate REALTOR, Leslie Kavanaugh, has announced an exceptional property located in Malibu's most coveted neighborhood offered for $8,888,888. This exquisite property and estate offer an unparalleled combination of superior finishes, high tech services, and gorgeous coastlines views.

News: MCT Moves to Secure Sensitive Borrower Data Exposed in 90 Percent of Secondary Market Transactions

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 is incorporating the company's patent-pending geocoding technology into its Bid Auction Manager(TM) (BAM) whole loan trading platform in order to shield borrower addresses from being shared with non-buying entities throughout the whole loan bidding process.

News: QRL Leverages DocMagic’s eVault Technology to Purchase eNotes from Correspondent Clients

Mortgage and Finance News: (ANAHEIM, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that QRL Financial Services (QRL), a nationwide provider of residential mortgage lending services for community banks and credit unions, has leveraged its eVault technology to purchase eNotes. The announcement was made during the 24th Annual CUNA Lending Council Conference.

News: ReverseVision Vice President Wendy Peel Recognized as One of Mortgage Banking’s Most Powerful Women

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of technology and training for the reverse mortgage industry, announced today that Vice President of Sales and Marketing Wendy Peel has been honored by National Mortgage Professional (NMP) Magazine as one of Mortgage Banking's Most Powerful Women.

News: MCT to Unveil its MSRlive! Platform that Accurately, Easily and Quickly Values Servicing Portfolios

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced the upcoming launch of MSRlive!, a powerful web-based platform designed to effectively support lenders' efforts to build, maintain and optimize their servicing portfolios.

News: Digital Mortgage Maven Kelly Purcell Joins NotaryCam as EVP of Marketing and Business Development

Mortgage and Finance News: (NEWPORT BEACH, Calif.) NotaryCam, leader in online notarization and the original provider of mortgage eClosing solutions, today announced that the company has hired digital mortgage specialist Kelly Purcell as Executive Vice President of Marketing and Business Development.

News: Bank of Southern California NA Announces Senior Vice President Promotions

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, Calif., announced the promotions of Margaret Rheinwald to Senior Vice President, Controller and Sharokin Badal to Senior Vice President, Treasury Services. The promotions reflect their years of service with the bank and their meaningful contributions to support the company's ongoing growth and expansion.

News: Cloudvirga helps raise over $50,000 for cancer patients and wounded veterans

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga, a leading provider of digital mortgage software, helped raise more than $50,000 for wounded veterans and families affected by cancer as a corporate sponsor of the Finance of America Mortgage Charity Golf Tournament and Auction benefitting the Golden State Impact Project.

News: Kevin Harnetiaux Joins EPIC Insurance Brokers in Sacramento CA

Mortgage and Finance News: (SACRAMENTO, Calif) EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that insurance industry veteran Kevin Harnetiaux has joined the firm as Senior Vice president and Chief Operating Officer of EPIC's Sacramento Region, including Sacramento, Calif., Gold River, Calif., and Reno, Nev.

News: ReverseVision and STRATMOR Group Partner to Integrate First-Ever HECM Borrower Satisfaction Benchmark into MortgageSAT

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 is partnering with leading mortgage industry advisory firm STRATMOR Group to develop the first-ever HECM borrower satisfaction benchmark as part of STRATMOR's MortgageSAT Borrower Satisfaction Program.

News: Thrive Mortgage partners with Cloudvirga to give its loan officers an edge with consumers

Mortgage and Finance News: (IRVINE, Calif.) software, today announced that full-service mortgage lender Thrive Mortgage LLC (formerly Georgetown Mortgage) is deploying Cloudvirga digital mortgage technology to loan officers across its more than 50 branch locations nationwide. The lender expects 70 percent of its loan production will be powered by Cloudvirga technology by the end of the quarter.

News: The Mortgage Collaborative Expands Benchmark, Collaboration Labs and Working Group Member Engagement Initiatives

Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced that they have added and expanded upon several of their member benefits. With the continued growth of their national lender member network, TMC has increased the size and scope of their engagement programs to offer even more opportunities for their members to network and collaborate.

News: NEXT Future Transportation: Autonomous Transportation Success Depends on Project Finance and Public Private Partnerships

Mortgage and Finance News: (SAN JOSE, Calif.) NEXT Future Transportation Inc. ("NEXT"), the global leader in modular-electric vehicle solutions, today announced it will be participating in the International Project Finance Association ("IPFA Americas") conference, Autonomous and Connected Vehicles: Impacts and Implications, on October 25, 2018 at the office of Nixon Peabody LLC in Los Angeles.

News: SBEMP Launches a New Website Design with Online Booking Consultation with an Attorney

Mortgage and Finance News: (PALM SPRINGS, Calif.) SBEMP LLP, a full-service law firm with offices in Palm Springs, Orange County, San Diego, New Jersey, and New York, launched a new website for potential and existing clients to easily find our offices, contact information, see our practice areas. The site offers a simplified, streamlined design with information about our practice areas.

News: Mortgage Capital Trading Adds Multi-Factor Authentication to its MCTlive! Secondary Marketing Software

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 implemented multi-factor authentication (MFA) security protocols, which require multiple methods to verify a user's identity for logins and transactions.

News: DocMagic and NotaryCam Integrate to Eliminate Reliance on In-Person Notarizations for Paperless eClosings

Mortgage and Finance News: (NEWPORT BEACH, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, and NotaryCam(R), the leader in online notarization solutions, announced an integration that eliminates the need to wet-sign loan documents in the physical presence of a notary by allowing loan documents to be quickly and compliantly eNotarized online.

News: Newest Mortgage Company on the Sunset Strip, Vantage Home Loans, launches and targets the Luxury Los Angeles Home Market

Mortgage and Finance News: (WEST HOLLYWOOD, Calif.) In today's hyper competitive mortgage market with increasing competition from internet companies, Roger Mansourian has formed a new partnership and mortgage company - Vantage Home Loans - that specifically targets and caters to the creative financing needs of investors, small business owners, and luxury homeowners seeking a strong mortgage offering in California and Washington.

News: VLP Law Group Continues Its Growth with the Addition of Patent Attorney Jim White

Mortgage and Finance News: (PALO ALTO, Calif.) VLP Law Group LLP ('VLP') is pleased to announce that patent attorney Jim White has joined the firm's Intellectual Property Practice Group as a partner based in Seattle, Washington. Prior to becoming a software patent attorney, Mr. White worked as a software engineer in Silicon Valley for over six years.

News: Freddie Mac Expands eMortgage Solutions with DocMagic’s eVault Technology to Store and Control eNotes

Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced today that Freddie Mac has implemented its SaaS-based eVault technology and SmartREGISTRY(TM) platform.

News: Bank of Southern California, N.A. Names Helen Johnson Senior VP, Loan Administration Manager

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 that Helen Johnson has joined the company as Senior Vice President, Loan Administration Manager.

News: EPIC Insurance’s Sean Conrad to Moderate Wellness Panel at IMPACT18

Mortgage and Finance News: (IRVINE, Calif.) EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Principal Sean Conrad will moderate a wellness panel at IMPACT18 on Wednesday, Sept. 19 at 8 p.m. at the Aria Resort & Casino in Las Vegas, Nev.

News: MQMR: Mortgage Industry Margin Compression Calls for Fixed-Cost Approach to Compliance Support

Mortgage and Finance News: (LOS ANGELES, Calif.) Mortgage Quality Management and Research, LLC (MQMR) President Michael Steer today advised lenders to adopt a fixed-cost approach to compliance support in the face of margin compression and declining per-loan profits. By investing in a fixed-cost solution for compliance, lenders can better manage their monthly expenses while ensuring they remain compliant, thus avoiding potential financial penalties associated with non-compliance.