Finance News - Page 32

DANBURY, Conn., Aug. 18, 2020 (SEND2PRESS NEWSWIRE) — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today that it has hired Jordan Higgins and Kim Joyce as regional vice presidents in the company’s sales division. The new hires are the latest result of Promontory MortgagePath’s accelerated recruitment efforts.

ATHENS, Ga., Aug. 18, 2020 (SEND2PRESS NEWSWIRE) — FormFree® today announced it will host the 2020 Heroes Golf Classic on October 30, 2020, at Château Élan in Braselton, Georgia. All proceeds from the charity golf tournament will be donated to the American Red Cross of Northeast Georgia, a 501(c)(3) nonprofit that helps feed, shelter and provide support for people affected by fires and other disasters.

SAN DIEGO, Calif., Aug. 14, 2020 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory firm, analyzed the potential effect of Wednesday’s fifty basis points worsening in prices paid by Fannie Mae and Freddie Mac for most mortgage refinances.

LEHI, Utah, Aug. 13, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced it has clinched a spot on the 2020 Inc. 5000. This marks the third consecutive year SimpleNexus has appeared on the Inc. 5000 list.

MACON, Ga., Aug. 13, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence (BI) software solutions for the mortgage industry, announced it has ranked number 2,173 on Inc. magazine’s annual Inc. 5000 list, a ranking of the nation’s fastest growing companies.

KNOXVILLE, Tenn., Aug. 12, 2020 (SEND2PRESS NEWSWIRE) — 7 Mortgage, a credit union service organization (CUSO), announced that it went live with OpenClose’s end-to-end loan origination system (LOS) allowing its partner credit unions to leverage the mortgage industry’s leading technology. The OpenClose solution allows 7’s CUSO members to efficiently and effectively complete mortgage loans – from start to finish – via a centralized platform rated #1 by multiple independent studies.

PASADENA, Calif., Aug. 11, 2020 (SEND2PRESS NEWSWIRE) — Award-winning tax, accounting, and consulting firm, KROST, announced the launch of their PPP Loan Forgiveness Application Review Service for both Borrowers and Lenders. The services are intended to aid both borrowers and lenders by taking on the burden of calculating forgiveness values.

DENVER, Colo., Aug. 11, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced that Executive Vice President of Operations, Sharon Reichhardt has been selected to speak on the topic of quality control during the MBA Live – Risk Management, QA and Fraud Prevention Forum 2020, hosted virtually September 15 – 16, 2020 by the Mortgage Bankers Association (MBA).

LEHI, Utah, Aug. 6, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of SimpleNexus eClosing, a new feature that enables lenders to conduct hybrid closings for purchase and refinance loans.

AUSTIN, Texas, Aug. 5, 2020 (SEND2PRESS NEWSWIRE) — Velocity Credit Union credit card holders can now access their FICO Scores at no charge through monthly statements and online banking. FICO Scores will be refreshed on a quarterly basis and checking them will not affect credit ratings.

SAN DIEGO, Calif., Aug. 5, 2020 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it appointed two mortgage industry veterans in early 2020 which strengthen its support to the capital markets community during the worldwide pandemic and associated financial turbulence.

ADDISON, Texas, Aug. 5, 2020 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) announced today that Chief Operating Officer Kara Lamphere has been named a 2020 HousingWire Woman of Influence. A two-time winner (2017), Lamphere was recognized this year for her continued efforts to push the envelope regarding what is possible for lenders in today’s origination environment.

PITTSBURGH, Pa., Aug. 4, 2020 (SEND2PRESS NEWSWIRE) — Pittsburgh Electrical Insulation, Inc. (PEI) is pleased to announce the acquisition of the Electrical Products Division of Fibertek, Inc. of Franklin, Tenn. Fibertek is a manufacturer of leading-edge specialty fiberglass tapes and high-performance laminates for electrical insulation applications in electric motors, generators, and transformers.

LEHI, Utah, Aug. 4, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that Director of Mortgage Solutions Pam Faulkner and Vice President of People Operations Anna Ratanawan have been named 2020 HousingWire (HW) Women of Influence honorees.

ATHENS, Ga., Aug. 3, 2020 (SEND2PRESS NEWSWIRE) — FormFree Head of Vendor Management and Compliance Katie King has been recognized by HousingWire (HW) as a 2020 Woman of Influence. In its tenth year, the Women of Influence awards program honors 100 women who are “shaping and propelling the mortgage, real estate and fintech industries forward.”

WEST PALM BEACH, Fla., July 31, 2020 (SEND2PRESS NEWSWIRE) — OpenClose®, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), announced that it integrated with Access Business Technologies’ (ABT) MortgageExchange interface solution.

MIAMI, Fla., July 30, 2020 (SEND2PRESS NEWSWIRE) — Expetitle, a digital title company and a leader in remote real estate closings, announced today it has completed a $850,000 fundraising round. The investment brings Expetitle’s total funding to over $1 million and will help the company aggressively expand its sales and marketing efforts, as well as to continue to develop additional product functionality.

LOS ANGELES, Calif., July 30, 2020 (SEND2PRESS NEWSWIRE) — IntelliMedia Networks Inc., a leading provider of streaming media distribution and immersive training technology, acquired GlobalMLX, a Canadian supply-chain security training and certification consulting firm for an undisclosed amount.

LAKEWOOD, N.J., July 29, 2020 (SEND2PRESS NEWSWIRE) — The Alliven Group, a leading New Jersey-based real estate firm, has announced the arrival of Yehuda Newman as Vice President of Acquisitions. Mr. Newman will be focusing on all aspects of new transactions with Joint Venture partners.

ATHENS, Ga., July 28, 2020 (SEND2PRESS NEWSWIRE) — FormFree has appointed Jocelyn Crum Brooks, AMP, as national account manager. Brooks will leverage her two decades’ experience supporting lender relationships with the Federal Home Loan Mortgage Corporation (Freddie Mac) to build new customer relationships and strengthen existing customer engagement with FormFree’s flagship products, AccountChek and AccountChek Plus.

ATLANTA, Ga., July 28, 2020 (SEND2PRESS NEWSWIRE) — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has added game-changing real estate market intelligence, collaboration and analytics tools from MobilityRE to its flagship SurefireCRM.

LEHI, Utah, July 28, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that more than 200 retail loan officers at Arvest Bank (Arvest) will soon begin offering borrowers and referral partners a more streamlined mortgage experience powered by SimpleNexus.

ROCKVILLE CENTRE, N.Y., July 28, 2020 (SEND2PRESS NEWSWIRE) — Rock Center Financial Partners, LLC announced today that they have recently published a book, “Mergers & Acquisitions: Crushing It as a Corporate Buyer in the Middle Market” (ISBN: 978-1735052205) aimed at helping companies improve their ability to execute successful mergers and acquisitions (“M&A”).

AUSTIN, Texas, July 27, 2020 (SEND2PRESS NEWSWIRE) — The Independent Bankers Association of Texas (IBAT) is pleased to announce that Promontory MortgagePath, LLC (PMP) has been selected as the newest IBAT Endorsed Service Provider for its ability to deliver a tailored, modern and cost-effective set of mortgage solutions.

MACON, Ga., July 23, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, today released summary statistics on the state of mortgage industry compensation in the second quarter of 2020.

SHENZHEN, China, July 22, 2020 (SEND2PRESS NEWSWIRE) — On July 08, 2020, Wondershare (SHE: 300624) launched UniConverter v12 to hit the market. The latest version has an overhauled navigation bar-based interface and claims to offer drastically improved performance of the ‘Video Converter’ tool.

ROSEVILLE, Calif., July 22, 2020 (SEND2PRESS NEWSWIRE) — Valligent Technologies (Valligent), the mortgage industry’s residential valuation technology trendsetter, announced today that it has hired Walter Allen as executive vice president of digital transformation.

TORRANCE, Calif., July 22, 2020 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has partnered with leading real estate document collaboration and recording technology provider Simplifile to deliver new process efficiencies that further digitize the closing process.

ATLANTA, Ga., July 21, 2020 (SEND2PRESS NEWSWIRE) — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, has added two-way data sync to its integration with digital mortgage app SimpleNexus.

TORRANCE, Calif., July 16, 2020 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that MortgageCountry, a newly formed mortgage banker, has implemented its Total eClose platform and dynamic document preparation service.

DANBURY, Conn., July 15, 2020 (SEND2PRESS NEWSWIRE) — Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today that it has opened a new fulfillment center in Denver. The new fulfillment center will allow Promontory MortgagePath to expand its operations in the western United States while maintaining the high level of service its clients are accustomed to receiving.

SALT LAKE CITY, Utah, July 15, 2020 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced that Customer Service Representative Tamara Olsen has been named to the NEXT Mortgage Events’ (NEXT) inaugural Powerhouse Awards list.

NASHVILLE, Tenn., July 9, 2020 (SEND2PRESS NEWSWIRE) — Don Baham, President of Kraft Technology Group, LLC (KTG), has been accepted into Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives.

LEHI, Utah, July 8, 2020 (SEND2PRESS NEWSWIRE) — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced the release of SimpleNexus ConnectUs Chat, a messaging feature that enables real-time loan file collaboration.

SOMERVILLE, Mass., July 8, 2020 (SEND2PRESS NEWSWIRE) — Patent Bots today announced its Patent Law Firm Quality Scores, a new ranking of 802 U.S. patent law firms with at least 50 issued patents for the year ending March 31, 2020. Patent Bots downloaded 310,842 publicly available patents from the United States Patent and Trademark Office and then used the company’s AI-powered, automated patent proofreading tool to count the number of errors in each issued patent.

MACON, Ga., July 8, 2020 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of incentive compensation management (ICM) and business intelligence software solutions for the mortgage industry, has tapped financial data and analytics industry expert Brian Jordan as director of product management. Jordan was hired to enhance and expand LimeGear, LBA Ware’s recently launched turnkey business intelligence (BI) platform.

SHERMAN OAKS, Calif. and GIG HARBOR, Wash., July 8, 2020 (SEND2PRESS NEWSWIRE) — Bessolo Haworth, a leading West Coast tax, accounting and business advisory firm, announces the promotion of Sasha Baluka to partner. Baluka will continue to manage some of the firm’s largest clients and will now also work with the firm’s partners to manage and lead the organization.

NEWPORT BEACH, Calif., July 7, 2020 (SEND2PRESS NEWSWIRE) — NotaryCam Founder and CEO Rick Triola today hailed the efforts of the American Land Title Association (ALTA), Mortgage Bankers Association (MBA) and National Association of Realtors (NAR) to provide guidance and standardization for states seeking to temporarily authorize the use of remote online notarization (RON) for real estate closings.

SALT LAKE CITY, Utah, July 7, 2020 (SEND2PRESS NEWSWIRE) — IDS Vice President and General Manager Mark Mackey today commended the Mortgage Bankers Association (MBA), American Land Title Association (ALTA) and National Association of Realtors (NAR) for the groups’ development of a draft model remote online notarization (RON) executive order to bring consistency to the various temporary measures non-RON-approved states have issued as a result of the COVID-19 pandemic.

DENVER, Colo., July 6, 2020 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced that Executive Vice President of Operations, Sharon Reichhardt will share her expertise on loan quality and risk management during an upcoming webinar sponsored by the Mortgage Bankers Association (MBA)