News Topic California Business

News Topic: California Business

News: Bank of Southern California, N.A. Names Joshua Mello Managing Director in San Diego

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 Joshua Mello as Managing Director. He will be responsible for developing and managing a portfolio of commercial clients in the greater San Diego region.

News: NotaryCam, Stewart Title Execute First Complete Purchase and Sale Mortgage Transaction via Remote Online Closing in Virginia

Mortgage and Finance News: (NEWPORT BEACH, Calif.) NotaryCam(R), the leader in online notarization and the original provider of mortgage eClosing solutions, today announced it has completed the first remote online closing (ROC) for a purchase and sale transaction in Virginia in conjunction with Stewart Title(R).

News: Former loanDepot executive joins Cloudvirga as chief product officer

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage software, announced it has appointed Tim Von Kaenel to the role of chief product officer. In this role, Von Kaenel will oversee product strategy, design and go-to-market planning for Cloudvirga's growing suite of digital mortgage point-of-sale products. Von Kaenel will report to Cloudvirga CEO Michael Schreck.

News: Bank of Southern California NA Hires Pamela Marble 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 Pamela Marble as Managing Director in Orange County. In this role, she will be responsible for business development and client relationship management.

News: Cloudvirga CEO Michael Schreck honored by HousingWire as Vanguard Award winner

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage software, today announced that CEO Michael Schreck is a recipient of HousingWire's 2018 HW Vanguard Award(TM). Now in its fourth year, the Vanguard Awards spotlight the housing finance industry's most successful and influential executives.

News: NotaryCam’s Rick Triola Named A 2018 HousingWire Vanguard

Mortgage and Finance News: (NEWPORT BEACH, Calif.) NotaryCam, 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 2018 Vanguard by HousingWire magazine as part of its fourth annual HW Vanguards Awards program. In the magazine's profile on Triola, the HousingWire editorial staff noted Triola's role as a "pioneer in the field of digital mortgages."

News: Jonathan Spencer Announces Opportunity to Own a Coastal Sanctuary in Sought-After Carmel Meadows

Mortgage and Finance News: (CARMEL, Calif.) Jonathan Spencer Properties has announced a rare opportunity to own an oceanfront slice of heaven in sought-after Carmel Meadows. To live in Carmel Meadows is to live in arguably one of the most gorgeous and glorious places imaginable. At over 4,200 square feet, this 5-bedroom and 3.5 bath property offers a beautiful canvas for the next owner to create a showpiece refuge in an exquisite setting that captures the senses and inspires the mind.

News: MQMR President Michael Steer Named Mortgage Industry ‘Vanguard’ by HousingWire Magazine

Mortgage and Finance News: (LOS ANGELES, Calif.) Mortgage Quality Management and Research, LLC (MQMR) announced today that its President Michael Steer has been recognized by HousingWire magazine in its fourth annual 2018 HW Vanguard Awards(TM) program. Steer was honored for his efforts in building a diverse workforce and establishing a strong corporate culture that values employee feedback and community service.

News: Bank of Southern California, N.A. Opens West Los Angeles Office

Mortgage and Finance News: (LOS ANGELES, Calif.) Bank of Southern California, N.A. ( OTC Pink: BCAL / OTCMKTS:BCAL ), a community business bank headquartered in San Diego, Calif., is pleased to announce its continued expansion in Los Angeles with the opening of a new production office in West Los Angeles.

News: David McNeil of EPIC Named 2018 Broker of Excellence by CalMutuals Joint Powers Risk and Insurance Management Authority

Mortgage and Finance News: (ONTARIO, Calif.) EPIC Insurance Brokers and Consultants ("EPIC"), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Principal and Risk Management Consultant David McNeil has been selected as a 2018 Broker of Excellence by The California Association of Mutual Water Companies - Joint Powers Risk & Insurance Management Authority (CalMutuals-JPRIMA).

News: Cloudvirga taps former Altisource CTO as executive vice president of technology

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage software, today announced that mortgage industry veteran James Vinci has been selected to fill the firm's newly created executive vice president of technology position. In this role, Vinci will execute Cloudvirga's technical vision, oversee initiatives to strengthen developer talent and collaborate across departments to scale technical initiatives to the company's explosive growth.

News: EPIC Buys Direct Retail Wine Industry Business From Paragon Insurance Holdings

Mortgage and Finance News: (SAN FRANCISCO, Calif.) EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today the purchase of a retail wine industry book of business from Managing General Agency (MGA) Paragon Insurance Holdings LLC. The accounts in question came to Paragon in the fall of 2017 when they acquired wine industry specialist John Sutak Insurance Brokers, along with two winery programs from the Argo Group.

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.