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Archive | Banking and Finance

IDS Inc.

IDS Hits Four of Five TRID Development Milestones

SALT LAKE CITY, Utah, May 19, 2015 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it is on schedule and has achieved four of its five major development milestones for the TILA/RESPA Integrated Disclosures (TRID) implementation. The final development milestone for IDS is to update the Escrow and Imports sections […]

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mortgage lenders

The Mortgage Collaborative Enters Partnership with Fannie Mae to Support Small, Mid-Sized Mortgage Originators

SAN DIEGO, Calif., May 18, 2015 (SEND2PRESS NEWSWIRE) — Today The Mortgage Collaborative (TMC), an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, and Fannie Mae agreed upon enhancements to the benefits offered to TMC members that were announced earlier in the year through a strategic partnership agreement.

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mortgage documents

IDS, Pavaso Partner to Create End-to-End Digital Mortgage Closing Environment

SALT LAKE CITY, Utah and PLANO, Texas, May 18, 2015 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS) and Pavaso, a provider of innovative real estate technology, announced the two firms have entered into a partnership. Through this alliance, the two firms will develop an integration between Pavaso’s Digital Close(TM) electronic […]

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LenderAssist LOS

OpenClose Releases Version 4.0 of its OC Optics Web-based Enterprise Analytics and Reporting Module

WEST PALM BEACH, Fla., May 14, 2015 (SEND2PRESS NEWSWIRE) — OpenClose, an enterprise-class, multi-channel end-to-end loan origination system (LOS) provider, announced that it has released version 4.0 of OC Optics(TM), a web-based analytics and reporting system that integrates tightly with its LenderAssist(TM) LOS platform. The enhancements provide clients with more control, added functionality, and robust […]

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loan origination system

DocMagic Releases New TRID Functionality to its Entire Client Base and All LOS Vendors

TORRANCE, Calif., May 7, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that it has completed all required TILA-RESPA Integrated Disclosure rule (TRID) software development and testing, and the new TRID enhancements have been officially released into DocMagic’s production environment.

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loan document preparation

DocMagic to Launch Collaborative Closing Platform to Meet TRID Requirements

TORRANCE, Calif., April 23, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that it will launch a Collaborative Closing Platform for the mortgage industry. The solution is comprised of a secure, seamless and dynamic web-based portal that efficiently and expeditiously helps lenders comply […]

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Ken Ellis

Industry Veteran Ken Ellis Joins OpenClose Sales Team

WEST PALM BEACH, Fla., April 16, 2015 (SEND2PRESS NEWSWIRE) — OpenClose, an enterprise-class end-to-end loan origination system (LOS) provider, announced that industry veteran Ken Ellis has been hired as director of business development. Ellis will be responsible for selling the company’s multi-channel LenderAssist(TM) LOS platform to lenders, banks and credit unions.

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Christopher R. Mitchell

EPIC adds Christopher R. Mitchell as Senior Vice President Sales

SAN FRANCISCO, Calif., April 14, 2015 (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Christopher R. (Chris) Mitchell has joined the firm as senior vice president of sales in the firm’s Northern California Bay Area Property and Casualty Insurance Division.

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Vladimir Bien-Aime

Vladimir Bien-Aime Wins Mortgage Banking Magazine’s 2015 Tech All-Star Award

LANSDALE, Pa., April 8, 2015 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of web-based compliant valuation management software, announced that its president and chief executive officer, Vladimir Bien-Aime, has been named to Mortgage Banking magazine’s prestigious 2015 Tech All-Stars list. The award was presented to Mr. Bien-Aime at a ceremony during the annual MBA […]

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David G. Kittle

The Mortgage Collaborative Installs David G. Kittle as Board Vice Chairman, Debra Still as Board Secretary, and Names Jim Park CEO

SAN DIEGO, Calif., April 7, 2015 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, has implemented several changes to its Board of Directors and executive management team, announced the Collaborative’s current Chairman, John Robbins, CMB.

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Joel Dulmage

MCT Trading Adds Industry Veteran Joel Dulmage to its Growing Sales Team

SAN DIEGO, Calif., April 7, 2015 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized industry leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced that Joel Dulmage has joined the company in the capacity of regional sales director. Mr. Dulmage will be responsible for new business […]

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Mortgage Loan Connector

CCMC Announces Complete Connector Migration Coverage

ALTAMONTE SPRINGS, Fla., April 7, 2015 (SEND2PRESS NEWSWIRE) — CCMC, the financial industry’s integration experts, has announced a new offering available for its Mortgage Loan Connector(TM) solution, providing customers with greater flexibility when changing systems.

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VeroFORECAST

Market Showing Increasing Signs of Strengthening, Says Veros’ Latest 12-Month Forecast Update

SANTA ANA, Calif., April 2, 2015 (SEND2PRESS NEWSWIRE) — Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, reports that the residential market is gaining momentum with a greater percentage of markets expected to increase in value over the next 12 months, moving upwards to […]

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consumer protection law

Pioneer Bank Data Breach Draws Weitz & Luxenberg Probe

NEW YORK, N.Y., March 30, 2015 (SEND2PRESS NEWSWIRE) — Weitz and Luxenberg, P.C. today announced it is investigating claims from customers of Pioneer Bank who suffered – or fear they soon will suffer – economic harm from a data breach made possible by the Jan. 26 theft of one of the Troy, New York-based financial […]

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Home Possible Mortgage

United Wholesale Mortgage Launches Freddie Mac’s Home Possible Mortgage Program

TROY, Mich., March 25, 2015 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), one of the nation’s largest and fastest growing wholesale lenders, announced today the availability of Freddie Mac’s new Home Possible(R) Mortgage program, which enables first-time home buyers and low- to moderate-income borrowers to achieve home ownership with only a three percent down payment.

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Mortgage document preparation

IDS Achieves Record Annual Mortgage Initial Disclosure Fulfillment in 2014

SALT LAKE CITY, Utah, March 20, 2015 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced 2014 as a record year, generating the most initial disclosure docs in a single year in the company’s history. In addition, IDS set a company record in January 2015 for the most amount of initial […]

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loan document preparation

DocMagic Named to HousingWire Magazine’s Annual HW TECH100 List

TORRANCE, Calif., March 17, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that HousingWire magazine designated the company to its 2015 HW TECH100(TM) list. The list honors the 100 most innovative technology companies serving the U.S. mortgage finance and real estate industries.

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