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Archive | Banking and Finance

enterprise risk management

Veros’ Sapphire Is First Valuation Management Platform to Offer Connection to FHA Electronic Appraisal Delivery Portal

SANTA ANA, Calif., July 21, 2015 (SEND2PRESS NEWSWIRE) — Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, announced today that its web-based, residential collateral valuation management platform, Sapphire, is ready to provide lenders with a direct connection to FHA’s Electronic Appraisal Delivery (EAD) portal.

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loan origination system

Mortgage Market Index Enhanced with OpenClose Data

WEST PALM BEACH, Fla. and DALLAS, Texas, July 15, 2015 (SEND2PRESS NEWSWIRE) — OpenClose(R), an enterprise-class, multi-channel, end-to-end loan origination system (LOS) provider, announced that it is now delivering weekly data for the U.S. Mortgage Market Index, an indicator of upcoming mortgage originations that is published by Mortgage Daily, a leading online news and data […]

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loan origination system

ReverseVision Adds Credit Report Integration to Reverse Mortgage LOS Platform

SAN DIEGO, Calif., June 24, 2015 (SEND2PRESS NEWSWIRE) — ReverseVision, Inc. today announced it has added automated credit reporting capabilities to RV Exchange (RVX), ReverseVision’s flagship reverse loan origination system (RLOS) platform. Through this integration, reverse mortgage lenders are able to automatically import a borrower’s credit information directly into RVX’s Financial Assessment (FA) module.

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loan document preparation

DocMagic Will Be Fully TRID Compliant by Aug. 1, Regardless of When the New Rule Actually Takes Effect

TORRANCE, Calif., June 19, 2015 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that the CFPB’s proposed delay will have no bearing on its plans to be ready to meet the CFPB’s originally planned Aug. 1 due date to implement the TILA-RESPA Integrated Disclosure […]

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Sheryl McLamb

Sheryl McLamb joins EPIC’s Private Client Group in Sacramento

SAN FRANCISCO, Calif., June 11, 2015 (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage and consultant, announces that Sheryl McLamb has joined as an Account Manager in EPIC’s Private Client Group. McLamb will be based in Sacramento as EPIC expands its private client services.

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David Tracy

Mid America Mortgage Hires David Tracy as National Underwriting Manager

ADDISON, Texas, June 2, 2015 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) owner and Chief Executive Officer Jeff Bode announced the lender has hired former Fannie Mae underwriting consultant David Tracy as National Underwriting Manager. A 20+-year residential and commercial mortgage veteran, Tracy will be responsible for revitalizing Mid America’s underwriting operations nationwide.

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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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