Banking and Finance
Free News Articles Category: Banking and Finance Industry News Articles
Broker-to-Banker Mortgage Lender Augusta Financial Selects DataTrac for Process Automation and Lending System of Record
freeNewsArticles Story Summary: SAN DIEGO, Calif. — Southern California mortgage banker Augusta Financial selected the Del Mar DataTrac(R), Inc. (DMD) flagship solution DataTrac as its automated loan processing platform and lending system of record in September, 2009, when it transformed from broker to banker. Founded in 1995 as a mortgage broker in the Santa Clarita Valley, Augusta Financial today serves Burbank, Orange County and Ventura as a full service mortgage banker….
More Businesses Dismissing Banks for Business Loans
freeNewsArticles Story Summary: CORAL SPRINGS, Fla. — As traditional bank loans become scarce, more small business owners are turning to alternatives like business cash advances offered by Business Cash Advance. The company has provided an attractive option to a growing number of entrepreneurs seeking business loans in this tough economy. It expects this trend to continue as credit tightens even further….
Mortgage Lending Automation and System of Record Provider Del Mar DataTrac Exhibits Electronic Document Management at ICBA
freeNewsArticles Story Summary: SAN DIEGO, Calif. — Del Mar DataTrac, Inc. (DMD), the leading provider of affordable mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, will exhibit and demonstrate its ‘zero defect’ mortgage lending workflow automation platform and electronic document management system, DataTrac, at the 2010 ICBA National Convention in Orlando….
Mortgage Lenders’ Top Concerns for Doc Prep Solutions Include Compliance Review, Document Delivery, IDS Hears from Lenders One Conference
freeNewsArticles Story Summary: SALT LAKE CITY, Utah — Based on feedback received at the Lenders One Mortgage Cooperative Winter Member Conference in Orlando earlier this month, mortgage document preparation vendor International Document Services (IDS) learned that when it comes to doc prep functionality, compliance review capabilities and document delivery mechanisms are at the top of lenders’ wish lists….
Taycor Financial Announces New Lease Program with TOMI Environmental Solutions
freeNewsArticles Story Summary: LOS ANGELES, Calif. — Taycor Financial is a leading provider of equipment leasing and financing and has launched a nationwide leasing program for TOMI Environmental Solutions, Inc., a global green leader in infectious disease control and surface and air remediation equipment. Founded in 1997, with offices in Los Angeles, Calif. and Boston, Mass., Taycor Financial is a fiscally sound and economically responsible partner for all forms of equipment financing solutions….
CONIX Systems Unveils Day 1 Exceptions Processing Solution at BAI Payments Connect
freeNewsArticles Story Summary: ORLANDO, Fla. — CONIX Systems, a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exceptions management tools, will showcase Xcept, its Day 1 exceptions processing solutions, at the BAI Payments Connect Conference in Kissimmee, Fla., March 1-3 (booth 604)….
Predicted 2010 Credit Squeeze Means More Business Cash Advances
freeNewsArticles Story Summary: CORAL SPRINGS, Fla. — With forecasters predicting another tight credit market in 2010, business owners are learning the new realities of small business financing. They will pursue every option they can, even methods they wouldn’t have considered a few years ago, says Business Cash Advance….
SmartStops.net Launches Reentry Service to Accompany its Portfolio Risk Monitoring and Alert Services
freeNewsArticles Story Summary: PALO ALTO, Calif. — SmartStops announced today the launch of its much anticipated Reentry Service. Designed as a companion service to the SmartStop Risk Alerts, the addition of the Reentry Service makes it easier than ever for investors of all levels to easily identify and sidestep periods of abnormal risk….
The Evolution of Lending: BusinessCashAdvance Creates Economic Stimulus Product
freeNewsArticles Story Summary: CORAL SPRINGS, Fla. (SEND2PRESS NEWSWIRE) — More and more financial institutions are tightening belts when it comes to lending money. That’s why the concept of receivables-based lending has evolved and become a more viable option for small businesses than in the past. BusinessCashAdvance, ‘where businesses go to grow,’ is a prime example of how the lending climate is changing….
IDS President Says RESPA Delay Not Reflected in Investor Requirements; Sees Need for Common Sense Adjustments to Mortgage Lending Regulations
freeNewsArticles Story Summary: SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — Curt Doman, president of International Document Services Inc. (IDS), a mortgage document preparation vendor for closing docs, initial disclosures and reverse documents, calls for common sense to guide new 2010 regulations in light of persistent difficulties with RESPA interpretation and compliance. The IDS flagship solution, idsDoc, is the doc prep solution of choice for mortgage lenders and attorneys requiring customized closing documents….