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Finance News

Pavaso Inc

Wells Fargo Approves Hybrid eClosings on Pavaso’s Digital Close Platform

PLANO, Texas, May 26, 2016 (SEND2PRESS NEWSWIRE) — Pavaso, Inc. (Pavaso), a provider of digital process and collaboration solutions for the real estate lifecycle, announced that Wells Fargo has named Pavaso an approved vendor for “hybrid” eClosings. In a hybrid eClosing, select documents are printed and “wet signed,” but much of the closing package is […]

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Rich Swerbinsky

The Mortgage Collaborative Adds 14 New Lender Members

SAN DIEGO, Calif., May 11, 2016 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the addition of 14 new lenders to their national network of originating members, according to the Collaborative’s EVP of National Sales and Strategic Alliances, Rich Swerbinsky.

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Jonathan B. Roberts

Klingenstein Fields Wealth Advisors’ SVP Jonathan B. Roberts, CFA, CIC, Delivers Opening Remarks at Investment Adviser Association’s 2016 Annual Leadership Conference

NEW YORK, N.Y., May 11, 2016 (SEND2PRESS NEWSWIRE) — Jonathan B. Roberts, Chief Compliance Officer and Senior Vice President at KFWA (Klingenstein Fields Wealth Advisors), a leading wealth management firm with approximately $3 billion in assets under management, welcomed attendees with insightful opening remarks at the Investment Adviser Association’s (IAA) 2016 Annual Leadership Conference.

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Equipment Lease Management

New Study Finds Most Companies Lack Systems and Processes to Comply with New Lease Accounting Standards

GREAT FALLS, Va., May 11, 2016 (SEND2PRESS NEWSWIRE) — LeaseAccelerator, the leader in Equipment Lease Management software, announced the results of a 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 […]

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Home-Equity Loans Facts Track

Home Point Financial and ReverseVision Partner Up to Offer Mortgage Lender-Focused HECM Free Luncheon in Huntington Beach May 11

SAN DIEGO, Calif., May 4, 2016 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. (ReverseVision) is pleased to announce that it is again offering the popular ‘Home-Equity Loans Facts Track’ seminar for mortgage lenders interested in learning more about the home-equity conversion mortgage (HECM) loan on May 11 at the Hyatt Regency Huntington Beach, Sandpiper Room from 12:30 […]

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e-recording service provider

Simplifile and Landtech Data Corporation Integration Streamlines E-Recoding Process for Settlement Service Providers

PROVO, Utah, May 2, 2016 (SEND2PRESS NEWSWIRE) — Simplifile, the nation’s largest e-recording service provider, has partnered with Landtech Data Corporation (Landtech) 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 […]

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loan document preparation

DocMagic Wins 2016 Innovation Award for its SmartCLOSE TRID Collaborative Closing Portal

TORRANCE, Calif., April 27, 2016 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that PROGRESS in Lending presented the company with one of its annual Innovation Awards for the development and widely successful launch of its industry-leading SmartCLOSE(TM) collaborative closing portal for TRID compliance. […]

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Troy Ferguson

Kt Duong and Troy Ferguson Join Bank of Southern California

SAN DIEGO, Calif., April 26, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL), welcomes Kt Duong and Troy Ferguson, as Vice President, Business Relationship Managers to its seasoned team of bankers. Mr. Duong has been in banking and finance for 8 years, including Commercial Capital Partners, Commercewest Bank and Citigroup. He […]

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specialty insurance distribution

JenCap Holdings Acquires Trivedi-Capacity Associates

NEW YORK, N.Y., April 21, 2016 (SEND2PRESS NEWSWIRE) — JenCap Holdings, LLC, a consolidator of specialty insurance distribution and program management businesses, including managing general agencies, specialty program underwriters, transactional wholesale brokers and captive managers, has acquired specialist MGA and wholesaler Trivedi-Capacity Associates, LLC. JenCap Holdings, LLC is a portfolio company of The Carlyle Group.

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Loan Origination Software

Willow Bend Mortgage Now Offers Reverse Mortgages in 12 States Using ReverseVision Exchange (RVX) Loan Origination Software

SAN DIEGO, Calif., April 20, 2016 (SEND2PRESS NEWSWIRE) — ReverseVision announced today that Willow Bend Mortgage (Willow Bend), 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 […]

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mortgage origination services

Altavera Mortgage Services Notes Uptick in Non-QM Activity from Originators, Aggregators and Investors

DENVER, Colo., April 20, 2016 (SEND2PRESS NEWSWIRE) — Altavera Mortgage Services (Altavera), the premier provider of third-party residential mortgage origination services, reports a marked uptick in non-Qualified Mortgage (non-QM) inquiries in the first quarter of 2016. According to President and Founder Brian Simons, staffing requests from Altavera’s clients suggest the industry is preparing for increased […]

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Michael Falce

OpenClose Taps Industry Veteran Michael Falce to Handle Increasing Demand for its Multi-Channel LOS

WEST PALM BEACH, Fla., April 19, 2016 (SEND2PRESS NEWSWIRE) — OpenClose(R), an enterprise-class, multi-channel, end-to-end loan origination system (LOS) provider, announced that industry veteran Michael Falce has been hired as a vice president, enterprise account executive. In this role, he will work with lending entities of various types and sizes to utilize OpenClose’s LenderAssist(TM) LOS […]

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mortgage documents and compliance

IDS Hits Multiple Daily Mortgage Document Preparation Records in 2015, Achieves Significant Growth Despite TRID Challenges

SALT LAKE CITY, Utah, April 18, 2016 (SEND2PRESS NEWSWIRE) — 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 […]

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New Lease Accounting Standards

LeaseAccelerator Announces FASB ASC 842 and IFRS 16 Compliant Accounting Solution for Equipment Leases

GREAT FALLS, Va., April 18, 2016 (SEND2PRESS NEWSWIRE) — 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 […]

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consumer protection

New Consumer Protection Service Company Combines Best of All Worlds

WESTON, Fla., April 13, 2016 (SEND2PRESS NEWSWIRE) — Biggrey Trust takes the best of what other consumer protection services have to offer and combines them all into one winning solution. Biggrey Trust has two missions: to provide consumer protection and to help stores increase sales. When you have one, the other will follow.

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economic development

Committee Recommendation Would Place Terre Haute Department of Redevelopment under Management of the Terre Haute Economic Development Corporation

TERRE HAUTE, Ind., April 11, 2016 (SEND2PRESS NEWSWIRE) — A search committee tasked with finding a replacement for the retired director of the Terre Haute Department of Redevelopment will recommend that the Terre Haute Economic Development Corporation (THEDC) assume management of the department. The recommendation will be made at the April 20 meeting of the […]

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Jeff Birdsell

ReverseVision’s Jeff Birdsell Recognized as MBA Tech All-Star for Long-Term Contributions to Mortgage Industry

SAN DIEGO, Calif., April 5, 2016 (SEND2PRESS NEWSWIRE) — Jeff Birdsell, CMB and vice president of professional services for ReverseVision, Inc., today was honored with Mortgage Banking magazine’s Tech All-Star award. Mortgage Bankers Association (MBA) Chief Economist Mike Fratantoni and Mortgage Banking Editor-in-Chief Janet Hewitt presented Birdsell with the award during the MBA’s National Technology […]

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