Category: Banking and Finance
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Second Street Capital, Inc. to Provide Funding for Small Local Businesses, Real Estate and Export Trade Finance
freeNewsArticles Story Summary: Second Street Capital, Inc. (SSCI), a publicly traded company, that suffered through the housing and credit crises beginning in 2007, has recently begun the process of recapitalizing and will soon begin operating as a specialty finance company, providing working capital to small and medium size local businesses and entrepreneurs. SSCI is headquartered…
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United Wholesale Mortgage Rolls Out Jumbo Loan Product up to $2.5 Million
freeNewsArticles Story Summary: United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced today that it has a unique jumbo product with loan amounts up to $2.5 million and LTV’s up to 80 percent. This product is exclusive and has extremely competitive low fixed rates in the mid 4s along with…
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United Wholesale Mortgage Launches ‘Easy Qualifier’ Solution for Brokers
freeNewsArticles Story Summary: United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced that it has implemented a proprietary decisioning solution within its broker portal that was custom developed in-house. The new functionality returns accurate pricing and product eligibility on up to ten programs at once with the click of a…
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DocMagic’s Chief Legal Officer to Speak on Mortgage Technology Compliance Panel Session
freeNewsArticles Story Summary: DocMagic, Inc., the mortgage industry’s leading provider of loan document and automated compliance solutions, announced that its chief legal officer (CLO), Melanie Feliciano, will speak on a panel session that will discuss various compliance challenges and technology solutions. The panel is being held at the 13th Annual Mortgage Technology Conference by SourceMedia…
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IDS Adds Flood Insurance Disclosure to Mortgage Doc Packages
freeNewsArticles Story Summary: International Document Services (IDS), a mortgage document preparation vendor, announced that a new disclosure relating to flood insurance is now available through the idsDoc doc prep platform.
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Business Loan Alternatives Expected to Increase in 2012
freeNewsArticles Story Summary: As banks continue to place strict requirements on business loans for small businesses and merchants, BCA (BusinessCashAdvance.com) continues to grow its business loan alternative financing program to accommodate merchants in need of fast financing.
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360 Mortgage Group Hires Bob Paglia as Account Executive, Expands Southern California Footprint
freeNewsArticles Story Summary: 360 Mortgage Group, a privately owned wholesale mortgage bank, welcomes Bob Paglia as a newly hired account executive. Based out of Lancaster, Calif., just north of Los Angeles, Paglia’s territory includes the Southern California region.
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Ecologic Launches The Global Lessor Network in China
freeNewsArticles Story Summary: Ecologic Leasing Services announced today that it has launched The Global Lessor Network 2.0 in China. ‘Our corporate lessee clients and our vendor captive clients have been asking us to help them find, engage, and transact with new lessors in China for several years,’ stated Michael Keeler, CEO, Ecologic Leasing Services.
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360 Mortgage Group Adds Hugh Sinclair as Pacific Northwest Account Executive
freeNewsArticles Story Summary: 360 Mortgage Group, a privately owned wholesale mortgage bank, welcomes High Sinclair as a newly hired account executive. Covering the Washington-state region, Sinclair brings more than 10 years of mortgage industry experience.
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Trustmark National Bank Goes Into Production with CONIX Systems’ Dupe Detective
freeNewsArticles Story Summary: CONIX Systems, Inc. (CONIX), a leading international provider of payment processing solutions to the financial services industry, and Trustmark National Bank (NASDAQ:TRMK) have completed the bank’s implementation of Dupe Detective(TM), the payments industry’s leading Day 1, multi-channel duplicate payment product.