News Topic: San Diego Business
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: New MCTlive! Mobile App Puts Secondary Marketing at Lenders’ Fingertips
Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, debuted a new MCTlive! mobile application at its MCT Exchange client conference last Friday. The app enables secondary marketing managers to review reporting, manage loan pipelines, and conduct whole loan trading from the convenience of their mobile phone.
News: All Roads to Lead to Orchid Bay with the Announcement of Belize’s $50 million Corozal-Sarteneja Road Project
Mortgage and Finance News: (SAN DIEGO, Calif.) The Belize Tourism Board recently released its first half of 2019 tourism figures which showed a 6 percent increase in overnight visitors over 2018, says Legacy Global Development. Additionally, the Government of Belize announced that construction would begin next month on the $50 million Corozal-Sarteneja Road Project.
News: Legacy Global Development Shares Insider Knowledge on Why Belize Tourism is Growing at Such a Rapid Rate
Mortgage and Finance News: (SAN DIEGO, Calif.) The Belize Tourism Board recently released its January - June 2019 Tourism Statistics which show remarkable growth. Legacy Global Development, the developer of the luxurious Orchid Bay community, offers insight on why Belize continues to rise and how it's related to the country's current real estate boom. Read about it in Legacy's latest blog post titled, "Belize Tourism in 2019: The Numbers Are in For the First Half of the Year."
News: Mid America Mortgage Selects ReverseVision as Technology Partner to Debut HECM and Reverse Products
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 Mid America Mortgage, Inc. (Mid America) has selected its flagship reverse loan origination system (LOS), ReverseVision Exchange (RVX) to support the introduction of HECM and private reverse mortgage products.
News: Legacy Global Development Shares How to Achieve ‘Blue Mind’ in Belize
Mortgage and Finance News: (SAN DIEGO, Calif.) Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, explores the concept and benefits of blue mind, in its latest blog post titled, "Experiencing Blue Mind in Belize."
News: ReverseVision’s Jeff Birdsell Named 2019 HousingWire Insiders Award Recipient
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced that Jeff Birdsell, vice president of professional services has been named a recipient of the 2019 HousingWire (HW) Insiders Award. Now in its fourth year, the Insiders Award program recognizes "operational all-stars" within the housing industry who have been vital to their employer's success.
News: Managing General Agency Paragon Insurance Launches Nationwide Workers’ Compensation Insurance Program
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 the addition of a new nationwide Workers' Compensation Insurance Program.
News: Legacy Global Development Shares Its Top Reasons to Invest in a Beachfront Vacation Condo
Mortgage and Finance News: (SAN DIEGO, Calif.) Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, shares its insider knowledge on why investing in a beachfront condo is a smart investment, in a blog post titled, "Top 4 Reasons to Invest in a Beachfront Condo."
News: The Mortgage Collaborative Adds Two New Board Members, Enjoys Record Attendance at Summer Conference
Mortgage and Finance News: (SAN DIEGO, Calif.) The Mortgage Collaborative (TMC), the mortgage industry's only independent cooperative, today announced the addition of Kate deKay and Allison Johnston to their prestigious board of directors. Johnston and deKay were voted in Sunday, August 18, 2019, during the Lender Co-op board meeting, which took place in Nashville, Tennessee during TMC's summer conference.
News: Bank of Southern California N.A. Names Joel Ewan Senior Vice President, Credit Administration
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has announced the appointment of Joel Ewan as Senior Vice President, Credit Administration. In this newly created role, he will be responsible for managing, implementing, and evaluating credit policy initiatives as well as analyzing and structuring commercial credit for clients across multiple industry sectors.
News: Legacy Global Development Announces Surge in Home Sales at its Orchid Bay, Belize Property
Mortgage and Finance News: (SAN DIEGO, Calif.) Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, today announced that it had a significant increase in home sales for 2019, with a total of 17 homes going under contract between January and July. The developer believes this surge in sales is thanks to Belize's rise in tourism and the many benefits that the country offers homebuyers.
News: Bank of Southern California NA Announces Justin Roscoe as AVP, Training Officer
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has named Justin Roscoe as Assistant Vice President, Training Officer. In this newly created role, he will lead all learning and development, and career pathing programs for the Bank. In addition, he will be responsible for developing a structured recruiting process and company-wide internship program.
News: Legacy Global Development Engages Zurcher Arquitectos to Design New Beach Club at Orchid Bay, Belize
Mortgage and Finance News: (SAN DIEGO, Calif.) Legacy Global Development today announced it has retained Zurcher Arquitectos to design the Beach Club at its Orchid Bay, Belize property. Construction on the new Beach Club will commence in the near future and is being designed to meet luxury hotel standards.
News: Bank of Southern California N.A. Announces Second Quarter 2019 Results
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the second quarter ended June 30, 2019. Total assets were $767 million for the second quarter of 2019, a 47% increase compared to the second quarter of 2018. Quarterly net income increased 20% to $1.57 million compared to $1.31 million in Q2 of 2018.
News: ReverseVision Taps Sunny Mahdii as Vice President of Operations
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 has appointed Sunny Mahdii to the position of vice president of operations. In this role, Mahdii will work with ReverseVision's professional services, training, implementation, document management and customer success teams to execute a holistic operations strategy.
News: Bank of Southern California NA Names Ian McKay Managing Director
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has expanded its business development team with the hiring of Ian McKay as Managing Director of Business Banking. He will focus on developing and managing a portfolio of small to medium sized businesses located throughout Orange County.
News: Total Expert and ReverseVision Team Up to Transform the Reverse Mortgage Customer Journey
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of technology and training for the reverse mortgage industry, today announced a partnership with Total Expert, creator of the first marketing operation system (MOS) specifically for banks and mortgage lenders. The two companies have deployed an API integration that links the Total Expert MOS with ReverseVision's RV Exchange (RVX).
News: Legacy Global Development Announces Release of 4 New Bungalow Homes at ORCHID BAY, BELIZE
Mortgage and Finance News: (SAN DIEGO, Calif.) Legacy Global Development today announced the release of four new Bungalows at its luxurious Orchid Bay, Belize property. Beachfront Bungalows make owning a home in Belize attainable to a wider pool of potential buyers, as they have a more affordable price point than Orchid Bay's other homes.
News: Bank of Southern California, N.A. Names Robby Piper Senior Managing Director
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 Robby Piper has joined the company as Senior Managing Director, Business Banking. He will be responsible for expanding Bank of Southern California's client base.
News: Legacy Global Development Shares Insider Knowledge on What to Expect If Moving to Belize
Mortgage and Finance News: (SAN DIEGO, Calif.) Legacy Global Development, the developer of the beautiful Orchid Bay, Belize community and recognized as an expert source for living in Belize, shares its wisdom in a blog post titled, "Before Moving to Belize, You Need to Read This."
News: Hometown Lenders Adopts ReverseVision Loan Origination Technology to Launch HECM and Reverse Lending Channel
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 Hometown Lenders has implemented ReverseVision's HECM and proprietary reverse loan origination technology to support the launch of the independent mortgage bank's HECM lending channel.
News: Bank of Southern California NA Names Kamran Khosrovani Branch Managing Director
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today that it has hired Kamran Khosrovani as Branch Managing Director of Business Banking in Los Angeles. He will focus on client acquisition and retention as Bank of Southern California looks to further expand its presence throughout the greater Los Angeles region.
News: Legacy Global Development Shares Its Recommendations on the Top 10 Memorable Things to Do in Belize
Mortgage and Finance News: (SAN DIEGO, Calif.) Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community and recognized as an expert source on Belize tourism, shares its Top 10 List of sites to see and things do while visiting Belize.
News: Legacy Global Development Shares Top 5 Misconceptions on Belize Real Estate
Mortgage and Finance News: (SAN DIEGO, Calif.) Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, shares its Top 5 Misconceptions about Belize real estate. As the number of real estate investors taking an interest in Belize continues to grow, there are misunderstandings about the home buying process and how it differs from buying property in the United States.
News: Legacy Global Development Today Announced the Launch of Four New Beach Villas for Sale at Orchid Bay, Belize
Mortgage and Finance News: (SAN DIEGO, Calif.) Legacy Global Development today announced the launch of four Beach Villas at its Orchid Bay, Belize community. The Beach Villas are new standalone homes being constructed on the most desired lots of the development, right on the water's edge, and are the last of Orchid Bay's remaining waterfront lots.
News: Blue Ridge Bank, N.A. Partners with ReverseVision to Launch HECM and Reverse Lending Division
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 has partnered with North Carolina-based Blue Ridge Bank, N.A. Mortgage Division (Blue Ridge Bank).
News: MCT Officially Launches Trade Auction Manager to Enable Electronic TBA MBS Trading
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 launched Trade Auction Manager(TM) (TAM) to enable more efficient bidding of TBA mortgage-backed securities used by lenders to hedge their open mortgage pipelines. The browser-based software module is accessible via MCTlive!, the company's award-winning comprehensive capital markets platform.
News: ReverseVision Launches Interactive Tool to Help Originators and Consumers Compare HECM Loans with HELOCs, First- and Second-Lien Mortgages
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) and senior lending industry, today announced the release of the Comparison Calculator within RV Sales Accelerator (RVSA).
News: Bank of Southern California NA Names Sean Dlal 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 Sean Dlal has joined the company as Managing Director of Business Banking in Del Mar. He will be responsible for expanding Bank of Southern California's client base by actively seeking new business opportunities in the San Diego region.