News Topic: Technology
Bank of Southern California, N.A. Selects nCino to Improve Workflow Process
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has selected nCino's Bank Operating System to automate the Bank's lending and treasury management processes, enabling the bank to ultimately better serve its customers.
Massey Consulting is Part of Expert Panel to Review Revenue Recognition ASC 606 and IFRS 15 Changes
Mortgage and Finance News: (RALEIGH, N.C.) Massey Consulting will be co-hosting an event, "ASC 606 - Ensure Your Growth By Being Compliant" in Research Triangle Park on Oct. 19, 2016. The morning event will focus on the upcoming accounting changes ASC 606 and IFRS 15 and will feature speakers from Hughes Pittman & Gupton LLP, Massey Consulting and River Cities Capital Funds.
DocMagic Announces ‘eQC’ Automated Due Diligence Solution for Lending Industry
Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced the formal launch of its fully integrated 'eQC' solution that automates due diligence for investors and correspondent lenders.
Simplifile Signs On 22 Additional Counties in Midwest, West Coast Regions
Mortgage and Finance News: (PROVO, Utah) Simplifile, a leader in electronic document and data workflow technology for lenders, settlement agents and counties, announced it added 22 additional county recording offices in the Midwest and on the West Coast to its e-recording platform. These new counties are located in Idaho, Illinois, Kansas, Michigan, Minnesota, Missouri, North Dakota, Ohio, Oregon, Washington and Wisconsin.
New Study Finds Most Companies Lack Systems and Processes to Comply with New Lease Accounting Standards
Mortgage and Finance News: (GREAT FALLS, Va.) LeaseAccelerator, the leader in Equipment Lease Management software, announced the results of a 2016 market readiness survey for the new lease accounting standards. The first research study to be completed since the Financial Accounting Standards Board (FASB) announced ASU 2016-02 (ASC 842), surveyed financial professionals about their state of readiness for the new leasing standards.
Simplifile Adds 16 County Recording Offices Across Southeast, Mid-Atlantic
Mortgage and Finance News: (PROVO, Utah) Simplifile, a leader in electronic document and data workflow technology for lenders, settlement agents and counties, announced it has installed its e-recording solution in 16 additional county recording offices across Alabama, Arkansas, Georgia, Florida, Louisiana, North Carolina and Pennsylvania.
Simplifile and Landtech Data Corporation Integration Streamlines E-Recoding Process for Settlement Service Providers
Mortgage and Finance News: (PROVO, Utah) Simplifile, the nation's largest e-recording service provider, has partnered with Landtech Data Corporation to improve recording efficiency and ease payment processing for Landtech's nationwide customer base. The integration will further advance the efficiency of the e-recording process by allowing settlement service providers to submit and pay for their e-recording documents using Simplifile without ever leaving the Landtech system.
ReverseVision Exchange Loan Origination Software Now Used in 12 States by Willow Bend Mortgage
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision announced today that Willow Bend Mortgage, an independent mortgage lender serving the South Central United States, has selected RV Exchange (RVX) as its reverse mortgage loan origination software (LOS). A long-standing community lender in its home state of Texas, Willow Bend began expanding its reverse mortgage program in 2015 and is currently licensed to operate in 12 states.
Simplifile Q1 2016 Report Reveals Three Out of Four Transactions Eligible to be E-Recorded
Mortgage and Finance News: (PROVO, Utah) Simplifile, a leader in electronic document and data workflow technology for lenders, settlement agents and counties, today released quarterly figures summarizing the organization's activities and achievements from January through March 2016.
IDS Hits Multiple Daily Mortgage Document Preparation Records in 2015, Achieves Significant Growth Despite TRID Challenges
Mortgage and Finance News: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it achieved 11 single-day company records for total document orders in 2015. Overall document fulfillment increased 24 percent from 2014 to 2015, with initial disclosures and closing documents seeing similar growth (26 percent and 22 percent, respectively). IDS also saw increased adoption of its eSign functionality in 2015, with 45 percent more documents electronically signed as compared to 2014.
LeaseAccelerator Announces FASB ASC 842 and IFRS 16 Compliant Accounting Solution for Equipment Leases
Mortgage and Finance News: (GREAT FALLS, Va.) LeaseAccelerator, the leader in Equipment Lease Management software, today announced a new release featuring updated functionality to support the new lease accounting standards introduced by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB). With support for FASB ASC 842 and IFRS 16, LeaseAccelerator customers can now confidently comply with the financial reporting requirements of the SEC and other international regulators.
New Consumer Protection Service Company Combines Best of All Worlds
Mortgage and Finance News: (WESTON, Fla.) Biggrey Trust takes the best of what other consumer protection services have to offer and combines them all into one winning solution. Being trustworthy is key to increasing sales. In fact, 62 percent of all consumers look for trusted stores before making a purchase decision. It's all about making an emotional connection and Biggrey helps stores do just that.
American Fidelity Notifies Customers of Possible Data Disclosure
Mortgage and Finance News: (OKLAHOMA CITY, Okla.) American Fidelity Assurance Company recently learned of an incident that involves personal information of some of our Customers. The information did not include Social Security numbers.
W. Val Oveson Joins Taxometry as Senior Vice President
Mortgage and Finance News: (SOUTH JORDAN, Utah) W. Val Oveson has joined Taxometry as Senior Vice President of Tax Administration. His responsibilities include oversight and implementation of the company's product and delivery. Oveson has held executive positions in business and government, including National Taxpayer Advocate of the IRS and Chair of the Utah State Tax Commission.
Platinum Data Launches RealView QB Providing Mortgage Lenders and Appraisers with Single System of Record for Appraisal QC
Mortgage and Finance News: (ALISO VIEJO, Calif.) Platinum Data Solutions, a provider of valuation data and analytics solutions, has launched RealView QB (Quality Bridge), the industry's only appraisal quality technology that allows users to authorize access and share information with third parties, including lenders, AMCs, appraisers and investors.
eClosing Leader, Pavaso Completes 2000 Live Transactions on Digital Closing Platform
Mortgage and Finance News: (LOS ANGELES, Calif.) Pavaso, a leader in eClosing and Consumer Management technology solutions, announced it has recorded its 2,000th live transaction on the Digital Close platform. In addition, more than 6,500 user accounts have been created in the platform, spanning from mortgage lenders to title/settlement agents to REALTORS and consumers. The announcement was made in conjunction with the Mortgage Bankers Association's National Technology in Mortgage Banking Conference and Expo.
ReverseVision Exchange Software selected by NOVA Home Loans to Originate Reverse Mortgages
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, Inc. announced today that NOVA(R) Home Loans (NOVA), a Tucson, Arizona-based mortgage lender serving the Southwestern United States, has selected RV Exchange (RVX) as its reverse mortgage loan origination software (LOS). NOVA has originated reverse mortgages as a correspondent lender since 2014.
DocMagic Launches New Total eClosing Solution, Transforming the Entire Mortgage Process
Mortgage and Finance News: (TORRANCE, Calif.) DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today the formal launch of its fully integrated eClosing solution that electronically transforms the entire mortgage process from initial eDisclosure to final eClosing through investor eDelivery.
SharkSwipe Mobile Transaction App for iOS and Android Launched by RedFin POS
Mortgage and Finance News: (DEERFIELD BEACH, Fla.) RedFin POS, a leading provider of secure payment applications and payment gateway solutions, has launched SharkSwipe: a mobile app that allows for mobile transactions utilizing the super-compact, Bluetooth MSR/Chip & PIN SharkSwipe device. The free app is available today by visiting the Apple iTunes App Store, or Google Play Store.
CMG Financial Automates its Entire Appraisal Process Using Global DMS’ eTrac Platform
Mortgage and Finance News: (LANSDALE, Pa.) Global DMS, a leading provider of web-based compliant valuation management software, announced that CMG Financial (CMG), one of the nation's leading lenders, has streamlined the management of its appraisal process from start to finish using Global DMS' eTrac platform.
Platinum Data’s Craig Zielazny Named to Board of Advisors for Wittenberg University Master of Science in Analytics Program
Mortgage and Finance News: (ALISO VIEJO, Calif.) Platinum Data Solutions, a provider of valuation data and analytics solutions, has announced that Craig Zielazny, the company's senior vice president of valuation analytics, has been named to the Board of Advisors for Springfield, Ohio-based Wittenberg University's new Master of Science in Analytics program. The Board of Advisors is charged with collaborating to create the department's curricula and courses, and could include guest lecturing. The inaugural semester for Wittenberg University's Master of Science in Analytics program begins in August 2016.
2 Refunds, Inc. Announces Launch of Website That Rewards Customers for Filing Taxes Online by Deadline
Mortgage and Finance News: (CORPUS CHRISTI, Texas) 2 Refunds, Inc. has launched a website with a rare promise: File one tax return and get two refunds. Aptly named, 2 Refunds gives the startup a preemptive position in online done-for-you tax preparation - a niche that exists in the overlapping services of HandR Block and TurboTax yet has no focused presence from either industry leader.
Pavaso, SigniaDocs Complete Integration for Electronic Mortgage Closings
Mortgage and Finance News: (PLANO, Texas) Pavaso, Inc., a provider of digital process and collaboration solutions for the real estate lifecycle and SigniaDocs, Inc., a provider of eMortgage platform technologies, announced the integration between their two platforms to facilitate an all-inclusive eClosing process.
ReverseVision Exchange Loan Origination Software selected by Alpha Mortgage of N.C.
Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision has announced that Wilmington, N.C.-based Alpha Mortgage, a full-service mortgage lender serving the Carolinas and Virginia, has selected RV Exchange (RVX) as its reverse mortgage loan origination software (LOS) solution. Alpha Mortgage opened its reverse mortgage lending channel in early 2016 under the guidance of division manager and Certified Reverse Mortgage Professional Greg Gianoplus.
Jeff Birdsell, CMB and VP at ReverseVision Named 2016 MBA Tech All-Star
Mortgage and Finance News: (SAN DIEGO, Calif.) Mortgage Banking magazine announced today in its March issue that Jeff Birdsell, CMB and Vice President of professional services for ReverseVision, Inc., is a 2016 Mortgage Bankers Association (MBA) Tech All-Star. Birdsell is among just nine industry innovators who received the prestigious award, which celebrates leaders who have made outstanding long-term contributions to the field of mortgage technology.
ACES 5.0 Targets TRID ‘Pain Points’ in Mortgage Industry
Mortgage and Finance News: (POMPANO BEACH, Fla.) Leading web-based financial services quality control software provider ACES Risk Management (ARMCO) announced the release of a major upgrade to its flagship QC software system ACES Web Audit Technology (ACES) to improve overall functionality, while supporting lenders and originators still struggling with TRID compliance.
Pavaso Named to HousingWire 2016 HW TECH100
Mortgage and Finance News: (PLANO, Texas) Pavaso, Inc., a provider of collaborative real estate technology, announced it has been named to HousingWire magazine's 2016 HW TECH100 list. The magazine selected Pavaso for this honor for its ability to connect 'all parties in the real estate lifecycle - consumers, realtors, lenders and investors - to participate in a unified process that transforms the consumer's experience and meets the CFPB's customer service expectations.'
Simplifile Included in HousingWire 2016 HW TECH100
Mortgage and Finance News: (PROVO, Utah) Simplifile, a provider of collaborative technology for lenders, settlement agents and counties, announced it has been named to HousingWire magazine's 2016 HW TECH100 list. In its March issue, HousingWire noted Simplifile's dominance of the e-recording space and the release of its Collaboration and Post Closing solutions for lenders and settlement agents as reasons for the company's inclusion on this year's list.
ARMCO Announced as a 2016 HW TECH100 Category Winner in Mortgage Trade
Mortgage and Finance News: (POMPANO BEACH, Fla.) ARMCO (ACES Risk Management), a leading provider of web-based quality control software for the financial services industry, announced it has been included in the 2016 HousingWire HW TECH100(TM) list for the second year in a row. In addition, ARMCO received special recognition as the winner of the 'Elegant Implementation' category for its development of the ACES Analytics quality control (QC) benchmarking tool.
Platinum Data Solutions Named to the HousingWire HW TECH100 for Third Consecutive Year
Mortgage and Finance News: (ALISO VIEJO, Calif.) Platinum Data Solutions, a provider of valuation data and analytics solutions, has been included on HousingWire's 2016 HW TECH100 list for the third year of the three year old awards program. Since hiring eLynx co-founder Phil Huff as CEO in 2012, Platinum Data been focused on consistent innovation.