Banking News - Page 16

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, has made its first appearance on the 2011 Top Service Providers list issued by Source Media’s Mortgage Technology magazine.

CARSON, Calif. (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the mortgage industry’s leading provider of loan document and automated compliance solutions, announced that it has earned a spot on Mortgage Technology magazine’s 2011 Top 50 Mortgage Technology Service Providers list. This marks the tenth year DocMagic has made the list.

DENVER, Colo. (SEND2PRESS NEWSWIRE) — Titan Lenders Corp. (TLC) added eight new mortgage lender clients in the first half of 2011, including a national bank, correspondent lenders and broker-to-bankers. TLC, a U.S.-based domestic mortgage fulfillment outsource operation, offers a parallel and variable cost alternative solution to lenders that need to maintain correspondent back office and warehouse line management operations.

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that it has established an office in Bala Cynwyd, Pennsylvania, just outside of downtown Philadelphia.

GREAT FALLS, Va. (SEND2PRESS NEWSWIRE) — Ecologic Lessee Services, a global provider of outsourcing, software, and capital sourcing services to corporate and non-profit equipment lessees, today announced the publication of a unique whitepaper that addresses how lessees can prepare for the coming IFRS lease accounting changes.

DENVER, Colo. (SEND2PRESS NEWSWIRE) — Titan Lenders Corp (TLC), a U.S.-based domestic mortgage fulfillment outsource company, now offers its Whole Loan Purchase Review (WLPR) service to institutional and correspondent investors. TLC is leveraging its extensive experience in whole loan delivery on behalf of correspondent lenders to complete an organic expansion of its service offering.

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, has been selected to provide closing documents and initial disclosures for Guaranty Trust Company, a full service mortgage company based in Murfreesboro, Tenn.

GREAT FALLS, Va. (SEND2PRESS NEWSWIRE) — Ecologic Leasing Services, a global provider of outsourcing, software, and capital sourcing services to both equipment lessees and vendor captive lessors, today announced the launch of two subsidiaries, Ecologic Lessee Services and Ecologic Vendor Services.

WALL, N.J. (SEND2PRESS NEWSWIRE) — Peter Grandich, founder of Trinity Financial Sports and Entertainment Co, is speaking out in support of former NY Giant David Tyree who has been under intense media scrutiny for some gutsy statements he made about gay marriage. Posted in an online video on June 15, Tyree says he recorded the video because he opposes the notion of gay marriage and says he’s simply voicing his opinion.

GREAT FALLS, Va. (SEND2PRESS NEWSWIRE) — Ecologic Leasing Services announced today that it has released version 7.0 of LeaseAccelerator, web-based software service (SaaS) designed for corporate and non-profit lessees and vendor captives that lease equipment around the globe.

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a leading provider of hedging and risk management advisory services, announced that the company has expanded its facilities, doubling the office space it previously had. The addition of space is the direct result of MCT’s growth strategy to support lenders making the shift from best efforts to mandatory trading.

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized leader in hedging and risk management services, announced the celebration of its of tenth anniversary in business. The company was founded in May of 2001 and has remained dedicated to the mortgage banking industry since its inception.

FOOTHILL RANCH, Calif. (SEND2PRESS NEWSWIRE) — Quandis, Inc., a provider of default management technology solutions, announced it has launched a service that automates searches on loan portfolios to determine if borrowers are active military personnel. The service reduces the risk of compliance issues in the default collection, loss mitigation and foreclosure processes.

NEW CANAAN, Conn. (SEND2PRESS NEWSWIRE) — Prevail Consulting, Inc., a leading software and technology services provider for the property and casualty insurance industry, today announced the launch of its Prevail Reinsurance System Hosted Solution. Companies will now have the ability to manage their reinsurance business in a secure and scalable environment, while reducing the costs associated with in-house IT infrastructure, personnel and maintenance.

CARSON, Calif. (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the mortgage industry’s leading provider of loan document and automated compliance solutions, announced that its chief legal officer, Melanie Feliciano, will speak on a panel session that addresses various mortgage compliance trends and changes. The panel is being held at the 4th Annual Avista Solutions Customer Conference on May 10 in Charleston, South Carolina.

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services, a mortgage document preparation vendor, has promoted National Sales Director Mark Mackey to vice president. As company vice president, Mackey will guide operational aspects of IDS’s businesses, leading the company in day-to-day operations and reporting directly to IDS president Curt Doman.

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — In response to the changes to loan originator compensation issued by the Federal Reserve Board, International Document Services (IDS), a mortgage document preparation vendor, has provided its wholesale customers with a Broker Anti-Steering Loan Option Disclosure within in the idsDoc system so that brokers can certify that they have provided the borrower with the necessary information to achieve safe harbor under the changes to Regulation Z 226.36(e).

WALL, N.J. (SEND2PRESS NEWSWIRE) — David Walker, former Comptroller General of the United States, will team up with market commentator Peter Grandich and his Trinity Financial Sports & Entertainment Management Co. to promote The Comeback America Initiative (CAI) and No Labels – organizations, both of which Walker is a founder, aimed at helping bring America back to the common sense principles upon which our country was founded.

SAN FRANCISCO, Calif. (SEND2PRESS NEWSWIRE) — Wholesale Trading Co-Op Insurance Services, LLC (WTCI) announced today that wholesale binding authority/program industry veteran, Julie Sylim-Uang, CPCU, has joined the firm as vice president/commercial accounts.

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — Curt Doman, president of International Document Services, Inc. (IDS), a mortgage document preparation vendor, says that while the resurgence of home equity loans and lines of credit is ultimately a good thing for both borrowers and the mortgage industry, there are specific document-related challenges lenders should address before re-entering the HELOC market.

LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center), a retail property, casualty insurance brokerage and employee benefits consultant, has added Daniel J. Pierro, Jr. as principal and senior employee benefits consultant. His addition comes through the acquisition of his company P&C Financial and Insurance Services, Inc. where he was owner and president. Pierro brings a strong background in all phases of employee benefits consulting.

SAN FRANCISCO, Calif. (SEND2PRESS NEWSWIRE) — Wholesale Trading Co-Op Insurance Services, LLC (WTCI) announced today that wholesale brokerage industry veteran David Bamford has joined the firm as vice president/casualty broker.

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized leader in hedging and risk management, has announced that Rhonda Beck has joined the firm as regional sales director for its Charlotte, North Carolina office, and will lead the company’s expansion in the Southeast Unites States.

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services, Inc. (IDS), a mortgage document preparation vendor, has enhanced the e-signature options for the idsDoc platform. Changes were made based on the feedback and demand of customers and reflect the growing demand for more sophisticated e-signature capabilities that also keeps the process simple for borrowers and lenders alike.

CARSON, Calif. (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the mortgage industry’s leading provider of compliant loan document solutions, announced that Laurie Spira has joined the company as chief compliance officer.

DENVER, Colo. (SEND2PRESS NEWSWIRE) — Titan Lenders Corp (TLC), a U.S.-based domestic mortgage fulfillment outsource operation, and Grid Financial Services, Inc. (Grid Financial), a U.S.-based domestic business process outsource provider for loan processing, underwriting, and default services, have created a full service best practices loan fulfillment service that will allow mortgage lenders to accelerate market entry, reduce overhead, and establish credibility with mission critical partners.

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — According to Curt Doman, president of International Document Services (IDS), a mortgage document preparation vendor, 2010 marked the second year in a row the firm saw significant growth in the number of document packages prepared. In addition to a 23 percent increase in doc volume over 2009, IDS also achieved company record numbers in Q2 and Q3 for the amount of doc packages prepared in a single month.

WALL, N.J. (SEND2PRESS NEWSWIRE) — Peter Grandich, founder of Trinity Financial Sports & Entertainment Management Company, Atlantic Avenue, announced today that mortgage industry expert and Broadway Producer Barry Habib, as well as former Deputy Attorney General Robert F. Munoz, have joined the company’s corporate advisory board.

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, integrated risk-based pricing notices into the idsDoc system on January 1, 2011, per the deadline set in the December 2009 final ruling by the Federal Trade Commission (FTC) and the Federal Reserve Board (FRB).

SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) — MCT Trading, Inc., a leading hedging and risk management firm, announced that its COO, Philip Rasori, will speak on a panel session that addresses the state of capital markets. The panel is being held by the Mortgage Bankers Association of Florida at the Grand Hyatt in Tampa Bay, Florida on Thursday, February 10, 2011.

DENVER, Colo. (SEND2PRESS NEWSWIRE) — In accelerated growth mode throughout the year, Titan Lenders Corp (TLC) added eight mortgage lenders as clients in the second half of 2010, and experienced a twofold 2009 to 2010 volume increase. TLC, a U.S.-based domestic mortgage fulfillment outsource operation, offers a parallel and variable cost alternative solution to lenders that need to maintain back office and warehouse line management operations.

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, and Del Mar DataTrac®, Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, paperless lending, and loan process workflow tools, have rebuilt their partner interface to improve mortgage lenders’ experience with the idsDoc platform and the DataTrac loan origination system of record.

PALO ALTO, Calif. (SEND2PRESS NEWSWIRE) — Virtual Law Partners LLP is very pleased to announce that Denise Zack has joined the firm’s Commercial Lending practice. Ms. Zack joins VLP from the Virginia office of Cooley LLP, where she served as special counsel in the Credit Finance and Leasing Finance practice groups and represented both institutional lenders and company borrowers in debt financings.

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — Supreme Lending, a full service mortgage banker, has selected International Document Services (IDS), a mortgage doc prep vendor, as its vendor of record for closing documents. As a full service mortgage banker with multi-state licenses, Supreme is able to provide customers with a wide variety of loan products, lower interest rates and closing costs and faster turnaround time.

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — Curt Doman, president of International Document Services, Inc. (IDS), a mortgage document preparation vendor, says lenders who have not adopted the Model Privacy Form are exposing themselves to unnecessary risk. Lenders are not required to adopt the Model Form and may, in fact, develop their own form to use.

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, announced it has begun to phase out the Home Valuation Code of Conduct (HVCC) in response to an October 15 directive from Fannie Mae and Freddie Mac stating that the HVCC will no longer be the standard bearer for the protection of the home appraisal process beginning in 2011.

WALL, N.J. (SEND2PRESS NEWSWIRE) — Peter Grandich, dubbed the ‘Wall Street Whiz Kid’ on national television for calling the 1987 ‘Black Monday’ market crash, has been making major top and bottom calls for 26 years. Now, Grandich has his bear suit back on, and is calling for a new top.

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, raised more than $6,000 for Atlanta Habitat for Humanity during the IDS Cycling Challenge at the Mortgage Bankers Association’s (MBA) 97th Annual Convention and Expo in Atlanta. IDS staff members, partners and conference attendees pedaled for a combined total of 202.06 miles over two days.

SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, has been approved by Wells Fargo (NYSE: WFC) to provide mortgage documents via e-delivery to loan applicants. The approval covers e-delivery for all mortgage documents, but typically, initial and pre-disclosures are the primary documents submitted to loan applicants electronically.

ATLANTA, Ga. (SEND2PRESS NEWSWIRE) — Depth Public Relations (DepthPR), an Atlanta provider of public relations, Internet search visibility, and marketing strategies for the mortgage lending and financial services industries, has pledged its financial support in a fundraising challenge presented by document preparation vendor International Document Services at the Mortgage Bankers Association (MBA) 97th Annual Convention and Expo.