Tag: California Business

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.

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 San Diego Business Journal (SDBJ) named its employee Natalie Arshakian to the 2018 'Next Top Business Leaders Under 40' list. The award program recognizes dynamic, young business leaders and role models who have significantly contributed to San Diego's business climate and the community.

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 Ann Torrico as Managing Director in Los Angeles. She will be responsible for expanding Bank of Southern California's market presence by actively seeking new business opportunities in the Greater Los Angeles region with a focus in West Los Angeles and South Bay.

Mortgage and Finance News: (WALNUT CREEK, Calif.) Weeks have passed since the death of the Queen of Soul herself, Aretha Franklin, and the world is still reeling - mainly from the loss of a such a beloved icon, but also from the fact that she seems to have died without a trust, says estate planning attorney Kirsten Howe of Absolute Trust Counsel. Without a will, and without any sort of estate plan in place, where will that $80 million go?

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage software, today announced the deployment of its Cloudvirga Enterprise POS to all 100 branch locations of American Financial Network (AFN), a privately held mortgage company that employs over 750 loan officers and serves tens of thousands of customers nationwide.

Mortgage and Finance News: (NEWPORT BEACH, Calif.) NotaryCam(R) today announced that its Vice President of Finance and Operations, David Kressel, and Director of Notary Operations, Henry Smith, were each named to HousingWire's 2018 HW Insiders Award(TM) list of the mortgage industry's unsung heroes.

Mortgage and Finance News: (LOS ANGELES, Calif.) Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that director of administration Steven Sinn has been named a 2018 Insiders Award(TM) honoree by HousingWire (HW) magazine.

Mortgage and Finance News: (17-1117-bank-of-so-calif-696x522.jpg) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has named Soly Cangarlu Vice President, Branch Manager. She will be responsible for developing client relationships and expanding the bank's presence in West Los Angeles.

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 Laura H. Araluce has joined the company as Vice President, Branch Manager. She will be responsible for growing Bank of Southern California's presence in Orange County.

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced that Fairway Independent Mortgage Corporation (Fairway) has launched Cloudvirga's digital mortgage platform for consumers and loan officers.

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 that it is offering a combination of enhanced software functionality and professional services to help mortgage lenders launch proprietary reverse mortgage products.

Mortgage and Finance News: (SAN FRANCISCO, Calif.) EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that it has been ranked No. 2746 on Inc. Magazine's 37th annual Inc. 5000 for 2018, the most prestigious ranking of the nation's fastest-growing private companies.

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 addition of three tenured Branch Managers to support the company's recent expansion into Los Angeles County.

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga(TM), a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(R), today announced that Finance of America Mortgage (FAM) will deploy the Cloudvirga Enterprise POS as its digital mortgage platform.

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced new functionality that delivers real-time pricing and automates loan committing for Freddie Mac clients. MCT's lender clients receive the pricing information seamlessly via its integrated capital markets technology platform, MCTlive!

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Rhonda Beck, CMB, has been designated to Mortgage Professional America (MPA) magazine's list of Elite Women in Mortgage for 2018.

Mortgage and Finance News: (LOS ANGELES, Calif.) Los Angeles City College Coach Mike Miller, who gained fame as the most winning college basketball coach in the country from 1997-2006, with a winning percentage of .885 and a record of 241-38, was found not guilty by 12-0 vote in a jury trial verdict in Los Angeles Superior Court; announced the California Basketball Association (CBA).

Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced the release of its enhanced benchmarking solution for its lender members. In collaboration with TMC Preferred Partner LBA Ware, TMC Benchmark now has an improved user interface, augmented reporting dashboards and peer segmentation.

Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced automation of the Tri-Party Agreement required between lenders, investors, and broker dealers during Assignment Of Trade (AOT) transactions in the secondary market. The functionality is built into MCT's Bid Auction Manager(TM) (BAM) bid tape management and best execution platform.

Mortgage and Finance News: (NEWPORT BEACH, Calif.) Rick Triola, founder and CEO of the industry's most popular remote online notarization solution, NotaryCam, calls the Department of Treasury's recommendations in its July 31 report to the President: A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation "a cure to the persistent drags on real estate transactions that have prevented the consumer from experiencing the benefits now possible with digital technologies."

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A., San Diego (OTC Pink: BCAL / OTCMKTS:BCAL) announced today the completion of its acquisition of Americas United Bank (OTC Pink: AUNB), effective July 31, 2018. Americas United Bank had total assets of approximately $231 million as of June 30, 2018.

Mortgage and Finance News: (IRVINE, Calif.) Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced that senior vice president of product management Josephine Yen has been named one of Mortgage Professional America magazine's 2018 Elite Women in Mortgage.

Mortgage and Finance News: (LOS ANGELES, Calif.) Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that Erin Harris, manager of MQMR's vendor management division HQ Vendor Management, has been named by industry trade magazine Mortgage Professional America (MPA) as a 2018 Elite Women in Mortgage honoree.

Mortgage and Finance News: (SAN FRANCISCO, Calif.) Forests Forever, a non-profit forest protection advocacy group, today announced that five employees of Lear Asset Management, a security contractor for Humboldt Redwood Co. (HRC), swept down on protesters camped near a logging road on Rainbow Ridge in the Mattole River watershed at about 5 a.m. yesterday (July 22).

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 Catherine Puckett has joined the company as Vice President, Business Development Manager. She will be responsible for expanding Bank of Southern California's business banking client base by actively seeking new business opportunities in the San Diego region.

Mortgage and Finance News: (LOS ANGELES, Calif.) Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, recently completed a volunteer day at Camp Impact as part of its on-going corporate commitment to community service. Camp Impact offers free summer camps to homeless and underprivileged youth in the Arlington and Grand Prairie, Texas, communities.

Mortgage and Finance News: (SAN DIEGO, Calif.) Paragon Insurance Holdings LLC ("Paragon"), a national multi-line specialty MGA (Managing General Agency) based in Avon, Conn., today announced its expansion in San Diego, Calif. with the opening of new offices at 401 B Street in downtown San Diego and the hiring of top local insurance professional Robert Etzler, under the leadership of Paragon regional president, Andrew Petersen.

Mortgage and Finance News: (SAN FRANCISCO, Calif.) OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced at the California Mortgage Bankers Association (CMBA) 46th Annual Western Secondary Marketing Conference that it unveiled DecisionAssist(TM) Mobile, which provides fingertip access to the company's proprietary web-based product and pricing engine (PPE)

Mortgage and Finance News: (SACRAMENTO, Calif.) EPIC Insurance Brokers & Consultants ('EPIC') announced today that new business sales and relationship management professional Julia Moore has joined the firm's operations in Sacramento as Vice President, New Business Development.

Mortgage and Finance News: (NEWPORT BEACH, Calif.) NotaryCam today announced that it has partnered with Accurate Group, a leading provider of technology-driven real estate appraisal, title and compliance services, to provide remote online notarization services for NotaryWorks(TM), Accurate Group's complete notary solution.