Books and Publishing, Fine Art and Artists, Free News Articles, NonProfit and Charities

Beyond Baroque to Mark 50th Anniversary in 2018

VENICE, Calif. -- Beyond Baroque, one of the nation's leading independent Literary Arts Centers, is planning a year-long celebration of its 50th anniversary in 2018. Guided by the nonprofit's Executive Director, Richard Modiano, and council of prominent artist-curators, a program of activities commencing January 1, 2018, will take place at Beyond Baroque's Venice location and in venues throughout Los Angeles.

"Beyond Baroque has an incredible record of cultivating some of the most innovative and widely influential literature and art to come out of Los Angeles over the past 50 years," said Modiano. "We aim to nurture the next 50 years of cutting-edge Los Angeles poetry, literature, and art."

Special features of Beyond Baroque's 50th Anniversary will include:

• The commissioning of new works for performance and publication from major writers and rising stars in fiction, poetry, and non-fiction.
• A series of public dialogs between poets and prominent artists, performers, community leaders, and thinkers on the intersection of poetry and culture.
• The selection of diverse guest curators to organize a major festival of multidisciplinary artistic events and community gatherings at Beyond Baroque and in neighborhoods all over Los Angeles, spotlighting the many literary and artistic communities that make LA one of the world's richest cultural centers.
• Appearances and performances by prominent Beyond Baroque alumni and friends.

The Center's busy calendar of events will showcase Beyond Baroque's extensive roster of talent as well as exciting new voices drawn from Los Angeles' diverse literary communities. The celebrations will be highlighted by Beyond Baroque's 50th anniversary gala in November 2018, at which honors will be awarded recognizing the achievements of selected poets, writers and artists.

About Beyond Baroque:

Beyond Baroque Literary Arts Center is one of the nation's most successful and influential grassroots incubators of literary art. Founded in 1968, and housed in the original Venice City Hall building in Venice, California, it is a 501(c)(3) nonprofit public space dedicated to cultivating new writing and expanding the public's knowledge of poetry, fiction, literature, and art through cultural events and community interaction.

The Center offers a diverse variety of literary and arts programming, including readings, workshops, art exhibits, and education. The Center also houses a bookstore with the largest collection of new poetry books on the west side of Los Angeles; the Mike Kelley Gallery, which specializes in text and language-focused visual art; and a 50,000 volume archive of small press and limited-edition publications that chronicles the history of poetry movements in Los Angeles and beyond.

Few literary spaces have done more to cultivate innovative art from cultural outsiders, or to shape emerging artistic movements. Across five decades Beyond Baroque has nurtured the Venice Beats, cradled the Los Angeles punk scene, and provided crucial support to a series of seminal experimental writers and artists that include Dennis Cooper, Kate Braverman, Mike Kelley, and Will Alexander.

Its legendary free workshops have profoundly shaped Los Angeles literature by helping to launch a number of influential careers, including those of Wanda Coleman, Tom Waits, Leland Hickman, Bob Flanagan, Eloise Klein Healy, David Trinidad, Jim Krusoe, Exene Cervenkova, Amy Gerstler, Paul Vangelisti, Harry Northup, Brendan Constantine, Jenny Factor, and Sarah Maclay. It's reading and performance series have exposed L.A. audiences to some of the world's most notable writers and artists, often at early stages in their careers, including Allen Ginsberg, Amiri Baraka, Raymond Carver, X, Patti Smith, Viggo Mortensen, Michael Ondaatje, Chris Kraus, Eileen Myles, Luis J. Rodriguez, Dana Gioia, Hector Tobar, David St. John, Robin Coste Lewis, and Maggie Nelson.

Today the Center continues to provide a vital cultural forum through its free workshops, reading series, youth programming, and artistic gatherings. Learn more at:

Beyond Baroque's Mission:

Beyond Baroque's mission is to encourage the writing, reading, publication, dissemination, and preservation of contemporary literature through programming, education, archiving, and services in literature and the arts.

Beyond Baroque Literary Arts Center, 681 Venice Blvd, Venice, CA 90291. Phone: (310) 822-3006.

This news story was published by the Neotrope® News Network - all rights reserved.

Free News Articles

NRMLA Adds ReverseVision President and CEO John Button to Board of Directors

SAN DIEGO, Calif. -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that its president and CEO, John Button, has joined the board of directors for the National Reverse Mortgage Lenders Association (NRMLA). An influential reverse mortgage industry advocate and recognized leader in reverse mortgage technology, Button has more than 30 years of experience in mortgage and financial services technology and business development.

Button was elected to NRMLA's board of directors during the organization's 2016 Annual Meeting and Expo in Chicago on November 16.

"John's strong background in mortgage technology and deep experience in compliance make him an ideal candidate to serve on the NRMLA board," said Joseph P. DeMarkey, strategic business leader of Reverse Mortgage Funding LLC, one of the nation's leading reverse mortgage lenders, and co-chair of the NRMLA board of directors. "I look forward to working with him and the rest of our board to make further progress in our mission to educate regulators, policy makers and consumers on the many benefits of reverse mortgage loans and how they can help older Americans live comfortably in retirement."

"I deeply appreciate this opportunity to learn from the industry titans who make up this year's board of directors," said Button. "ReverseVision plays a unique role by providing an infrastructure that serves all industry participants, from lenders to brokers to investors. I hope to bring a different and useful perspective to the board and assist NRMLA with its efforts to influence industry change and growth."

Button joined ReverseVision as president and CEO in 2012. A Deloitte's Technology Fast 500(TM) company, ReverseVision is the technology provider behind industry-preferred RV Exchange (RVX) loan origination system (LOS). More reverse mortgage lenders use RVX than all other systems combined.

Prior to joining ReverseVision, Button served as chief operating officer for Del Mar DataTrac, a leading innovator in mortgage lending automation. He has also held senior executive positions with IPS Sendero, RF/Spectrum Decision Science Corporation and IBM.

Button was named a 2016 Vanguard Award winner by HousingWire in recognition of his leadership and long-term contributions to the mortgage banking industry, including his key role in changing the tide of public perception when it comes to reverse mortgages. Button's articles and commentary have appeared in publications ranging from Reverse Mortgage Daily to Forbes. Button's chapter on reverse mortgages was published in The Mortgage Professional's Handbook in March 2016.

About ReverseVision

Recognized as a Deloitte's 2015 Technology Fast 500(TM) Company, ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on reverse mortgages. More reverse mortgages are originated monthly using ReverseVision technology than all other reverse mortgage LOS combined. ReverseVision has partnered with some of the finest and fastest-growing lending organizations in the U.S. to provide the leading reverse mortgage technology to brokers, correspondents, lenders and investors.

ReverseVision is recognized as a driving innovator in the reverse mortgage industry. ReverseVision continues to improve its software with frequent new innovations and by building on pioneering capabilities in reverse mortgage interactive graphs, scenario analysis, multi-environment performance analysis and workflow in the origination process.

For more information, visit


The National Reverse Mortgage Lenders Association (NRMLA) is the national voice of the reverse mortgage industry, serving as an educational resource, policy advocate and public affairs center for lenders and related professionals. NRMLA was established in 1997 to enhance the professionalism of the reverse mortgage business.

Our mission is to educate consumers about the pros and cons of reverse mortgages, to train lenders to be sensitive to clients' needs, to enforce our Code of Ethics and Professional Responsibility, and to advise policy makers on reverse mortgage issues.

For more information, visit

This news story was published by the Neotrope® News Network - all rights reserved.

Entertainment, Free News Articles, Regional Events

Phat Inc. Magazine and Subaru of San Bernardino Support Santa with 4th Annual Red Carpet Toy Drive

SAN BERNARDINO, Calif. -- Local celebrity Vincent Ayon aka Invinceable, the publisher of Phat Inc. Magazine, is once again donning his Santa hat. With the support of Subaru of San Bernardino, the former hip hop artist proudly presents his 4th Annual Red Carpet Toy Drive.

Hosted by Albert Ricks of Subaru San Bernardino and Phat Inc. Magazine, the 4th Annual Red Carpet Toy Drive takes place on Sunday, December 18 at 2 p.m. at the San Bernardino Auto Center, located at 645 Auto Center Drive in San Bernardino. The Red Carpet Toy Drive has become a staple in the Inland Empire community and is recognized as one of the area's most entertaining and charitable events. Over 200 toys were collected and distributed last year.

"We are thrilled to once again partner with Subaru of San Bernardino for our annual Red Carpet Toy Drive," says Invinceable, founder and publisher of Phat Inc. Magazine. "It's an honor for Phat Inc. Magazine to be able to continue to bring cheer during the holiday season to so many wonderful kids. This is a great opportunity for the community to come together in the Christmas spirit while making a difference in the life of a child."

The Red Carpet Toy Drive is free to the public and promises to be a day filled with music, courtesy of the Inland Empire's own Chris Loos of Old School 104.7 FM, live music performances, special guest celebrities, raffles, giveaways, and free goodie bags to the first 100 guests. Attendees who bring an unwrapped toy will receive a complimentary taco plate and a free beverage.

As with previous Christmas events, proceeds from this year's event will be donated to the Boys & Girls Club of the San Bernardino Mountain Communities. According to a report by the U.S. Census Bureau over 28.5 percent of children in the Inland Empire are living far below the poverty level. For over 20 years the Boys & Girls Club of the Mountain Communities has been helping these young people to reach their dreams and realize their full potential.

Invinceable has always strived to make his community proud. The rap music artist first made national headlines with the release of his single, "A Soldier Never Dies." The touching anthem was dedicated to the memory of Invinceable's cousin, Anthony Hector Vargas, a Marine who lost his life in a San Bernardino neighborhood home after returning from battle in Iraq.

For additional information regarding supporting or attending the Red Carpet Toy Drive, contact Invinceable at

For additional information about Phat Inc. Magazine, visit:

For more information about Subaru of San Bernardino, visit:

Makeda Smith
Jazzmyne Public Relations

Twitter: @makedaqueen @phatinc @Sbmitsusubaru

This news story was published by the Neotrope® News Network - all rights reserved.

Electronics, Free News Articles, Safety and Security Solutions

SecuGen to Unveil New Hamster Pro 45, a FAP 45 Two-Finger Reader, at CES Las Vegas

SANTA CLARA, Calif. -- SecuGen, a world leading optical fingerprint device and technology vendor, is pleased to announce the unveiling of the Hamster Pro 45(tm), a new FAP 45 fingerprint reader that supports both flat, two-finger and rolled finger captures.

The Hamster Pro 45 fingerprint reader is sleek in design, accurate, rugged and astonishingly low cost. SecuGen's new product is designed to meet the FBI's Appendix F standard and is suitable for AFIS and other law enforcement applications.

Attendees are invited to take an early peek at the new Hamster Pro 45 two-finger reader, which will be demonstrated in SecuGen's booth #21647 at the CES 2017 show in Las Vegas from Thursday January 5th through Sunday January 9th.

The Hamster Pro 45 is slated for release in the first half of 2017. SecuGen will also release at that time the OEM sensor inside of the Hamster Pro 45 called the U45. The U45 sensor is intended for developers wanting to create their own two-finger readers or to imbed the two-finger sensor into some larger device.

"This is a milestone product for SecuGen," stated Jeff Brown, VP of Sales and Marketing for SecuGen. "An AFIS quality two-finger reader offers new possibilities for SecuGen resellers. SecuGen products have expanded their reach into the Law Enforcement industry. This is only one of the exciting new products we are readying for our partners in 2017."

Dan Riley, SecuGen's VP of Engineering, added, "I am proud to say that our team was given a specification and a price point for a two-finger reader, and we were able to achieve our targets. This new product, the Hamster Pro 45, is an exceptionally high quality device at a crazy low price. Our engineering team has exceeded every expectation."

Won Lee, CEO of SecuGen, commented, "We have been expanding our product line at an ever increasing rate in response to our partner's needs. With the Hamster Pro 45, we can now provide our partners with the means to enter new markets backed with the trusted brand of SecuGen."

About SecuGen

SecuGen Corporation ( is the world's leading provider of advanced, optical fingerprint recognition technology, products, tools and platforms for physical and information security. SecuGen designs and develops FBI-certified fingerprint readers and OEM components, developer kits and software, including NIST/MINEX-compliant algorithms. Known for high quality, ruggedness, and price-performance, SecuGen's products are used across a wide range of industries, market segments and applications around the world including insurance and banking, medical and health care, point of sale, logical and physical access control, mobile devices, AFIS and law enforcement, and national ID and voter ID projects.

SecuGen(E) is a registered trademark of SecuGen Corp. in the United States and other countries.

This news story was published by the Neotrope® News Network - all rights reserved.

Free News Articles, Hospitals and Nursing

Residents Medical’s Candidates Getting Interviews and Pre-Match Residency slots October through December

LOS ANGELES, Calif. -- America's Medical Residency applicants are deep into the residency application season. In September, the application period opened for medical students and graduates that want to be licensed physicians and surgeons via the only path in America - Completing medical residency training, says Residents Medical.

Residents Medical's candidates are being prepared for residency by taking their USMLE Board tests, being tutored by its arsenal of renowned teachers, clinical externship, unaccredited residency positions, research and a plethora of proprietary programs.

This year nearly all Resident Medical's interview-ready candidates are being invited to multiple interviews for residency positions at esteemed residency training programs. They are being prepared for these interviews by current Associate Deans, current and/or former Program Directors, and speech pathology experts.

Residents Medical, through its affiliation with The Everest Foundation, is opening opportunities for its vetted and hardworking candidates. Since October, two of Residents Medical's candidates got offered a pre-match residency position, one of them being a highly sought after categorical position.

"For the remainder of and through the end of December, Residents Medical's candidates will be interviewing for pre-match positions which historically have parlayed into residency slots," says Agata Everest, CEO of Residents Medical.

Many of its candidates will be achieving residency through the main "Match" in March, 2017, and after that the remaining candidates will be given opportunities "post-match" to interview and obtain residency positions. In fact, this past August Residents Medical's candidates were still being offered residency positions from last year's application season before this year has opened up. Residents Medical is helping U.S. medical Graduates (IMGs), foreign medical graduates (FMGs), students and graduates throughout the world achieve their dreams of career and altruistic goals of helping humanity by being a licensed doctor. The bridge of Residency gets one there, Residents Medical is an expert at that.

About Residents Medical:

Residents Medical's main focus is clinical research and an expansion of Graduate Medical Education opportunities. Today, through a network of residency programs affiliated with top U.S. Medical Schools and Residents Medical's collaboration with The Everest Foundation, they are able to provide exclusive and premier services for medical students and graduates from all continents to prepare for residency. Whether you are a U.S. graduate, IMG or FMG, Residents Medical will evaluate your credentials and develop a unique path to residency that's right for you.

For more information, or to live chat with a counselor, visit: or call 310-444-9700; or make an appointment for an office visit.

This news story was published by the Neotrope® News Network - all rights reserved.

Alliances and Partnerships, Free News Articles, Software, VAR and IT Consulting

Utelogy and ProVideo Solutions Announce Partnership

LOS ANGELES, Calif. -- Utelogy, creator of software for control and management of audiovisual systems for business and education, has signed a strategic partnership with Texas-based ProVideo Solutions.

Utelogy provides Software-Defined audiovisual (SDAV) technology for control, management, analytics and services for smart classrooms, conference rooms and video-conference rooms. With its open architecture, the Utelogy platform leverages the existing IT infrastructure and can support any AV device with its built-in tool suites for easy provisioning and configuration. Using the Utelogy platform enables AV and IT departments to build more flexibility into its meeting space for easy reconfiguration and equipment re-use. With its AV-as-a-Service portal, it allows partners to offer help-desk and remote monitoring capabilities to deliver AV managed services.

ProVideo Solutions works with a variety of industries looking for integration of audio visual technology by connecting manufacturers with new markets for support and integration. With offices in Austin, Houston, and Dallas, the company services clients throughout Texas, Louisiana, Oklahoma, and Arkansas.

"We are excited to partner with Utelogy because the cloud-based solution developed by Utelogy will give our clients game-changing technology to control and manage AV systems via the cloud," said ProVideo Solutions President, Eric Cook.

Utelogy and ProVideo Solutions will cohost two open houses at the ProVideo Dallas Demo Center. The first event will be held on Friday, January 27. The ProVideo Demo Center is located at 3410 Midcourt Road #111 in Carrollton, Texas. Interested parties can find more information and register here:

A second event will take place in March and private demonstrations area also available.

"ProVideo Solutions and its knowledgeable and enthusiastic team has provided its customers with tremendous support over the years, and we are excited to have them represent Utelogy in this fast-growing region," said Frank Pellkofer, CEO of Utelogy.

About Utelogy Corporation:

Started in 2009, Utelogy Corporation publishes an enterprise technology control and management platform without limits. Utelogy is a flexible, scalable software solution for control and management of AV systems that puts the power in the hands of the user. Info:

About ProVideo Solutions:

ProVideo Solutions provides unparalleled support to dealers and consultants of the Professional Broadcast and A/V community. ProVideo Solutions proactively supports the efforts of system integrators with the necessary tools to sell, design, implement, and support cutting-edge technology. The company strives to increase product and solution awareness while actively exploring new market opportunities making ProVideo Solutions the go-to partner for continued success. Info:

This news story was published by the Neotrope® News Network - all rights reserved.

Free News Articles, Insurance, Legal and Law

Attorney M. David Shapiro Advises Consumers about Post-Crash Insurance Rate Hikes

SARASOTA, Fla. -- M. David Shapiro, founding partner of the personal injury and civil trial law firm Shapiro Goldman Babboni & Walsh, has offered consumers insight into auto insurance rate-hikes that can occur after being involved in an accident.

Mr. Shapiro said: "One of the very first questions I hear from clients who have been involved in an auto collision is 'will my insurance rates go up?' It depends.

"Florida Statute 626.9541(o)3.a. prohibits, 'imposing or requesting an additional premium for a policy of motor vehicle liability, personal injury protection, medical payment, or collision insurance or any combination thereof or refusing to renew the policy solely because the insured was involved in in a motor vehicle accident unless the insurer's file contains information from which the insurer in good faith determines that the insured was substantially at fault for the accident.'

"Although it appears to make it illegal to raise the rate or cancel the insurance, the last part provides some cover to the insurer to use his or her judgment to penalize with rate increase or drop them altogether. It will not necessarily turn on the investigating officer's decision as to who deserved the ticket. The concept of 'fault' is a moving target."

Mr. Shapiro continued with, "Another factor considered when establishing rates and whether to drop a policy is the number of claims a person has made, regardless of fault. In order to raise rates or drop a person, some insurance companies will consider a road-side assistance as a claim in order to justify their actions.

"Nothing in the law is black or white. But to not utilize the insurance when you have a legitimate claim defeats the very purpose the premiums were paid in the first place. Your lawyer should know the law regarding insurance increases and be prepared to fight when the injured victim is being abused by the carrier when he or she needs them the most."

About Sarasota Attorney M. David Shapiro:

Attorney M. David Shapiro is an AV-rated civil trial lawyer, the highest rating awarded to litigation attorneys. He is also board certified by the Florida Bar. Shapiro is an experienced trial lawyer who has earned the respect of his peers in the legal community. David has successfully litigated civil rights cases involving access to courts and rights under the Rehabilitation Act to the United States Supreme Court. For more than 20 years, Shapiro has practiced exclusively in the area of personal injury and wrongful death in Sarasota, Florida.
Shapiro Goldman Babboni & Walsh
308 Cocoanut Ave, Sarasota FL, 34236
Local: 941-954-4000

More about M. David Shapiro at:

Twitter: @GetMeJustice

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Insurance

JenCap Acquires NIF Group

NEW YORK, N.Y. -- JenCap Holdings LLC announced today that it has agreed to acquire privately held NIF Group, Inc. (NIF), a managing general agency, program administrator and wholesale insurance broker based in Manhasset, New York, with six offices located on the east and west coasts of the United Sates. NIF was formed by Michael Orlando in 1976 and has grown to over $185 million in annual written premiums. Mr. Orlando, along with a management team led by NIF President Mark Maher, has built one of the largest specialty insurance distribution platforms in the country.

JenCap Holdings (JCH) was formed in March 2016 by The Carlyle Group (Nasdaq: CG) and JCH management in to consolidate specialty insurance distribution businesses, including managing general agents, program managers and transactional wholesale brokers. The acquisition of NIF is the fourth transaction by JCH since March and places the company among the largest wholesale brokers in the U.S.

"NIF was a target for JenCap from day one and we are happy to be partnering with one of the most successful independent MGA/specialty brokerage businesses in the country," commented John F. Jennings, President and Chief Executive Officer of JCH. "Michael Orlando and Mark Maher, as well as Michael P. Orlando, John Buckley, and David Vicari have built a tremendous business and we are thrilled that they have chosen JenCap to perpetuate NIF's commitment to excellence and service to their clients."

Michael Orlando stated that "We wanted a partner that felt the same way about our commitment to clients, employees and carriers and we realized early on that JenCap was the right fit."

"We are very enthusiastic about the JenCap transaction," stated Mark Maher, President of NIF. "Our thoughts on how to continue our growth matched up perfectly with the JenCap management model."

John Redett, Managing Director and Co-head of Carlyle's Global Financial Services team, commented, "NIF is exactly the type of entity we were looking to acquire when we started JenCap and we are excited that NIF's management and their entire team will be joining the company. We remain highly supportive of the JCH management team as it continues to expand its distribution network, product offerings and geographical footprint through organic growth and a disciplined yet aggressive acquisition strategy."

About JenCap Holdings Inc.

JenCap Holdings is a consolidator of specialty insurance distribution and program management businesses, including managing general agencies, specialty program underwriters, transactional wholesale brokers and captive managers. JenCap Holdings has assembled a management team with the sector insight and experience to drive organic growth and strategic acquisitions leveraging technology and advanced data analytics. JenCap Holdings is headquartered in New York.

Media Contact:
John Jennings
Of JenCap Holdings


This news story was published by the Neotrope® News Network - all rights reserved.

Books and Publishing, Entertainment, Free News Articles, Taxes and Accounting

Big Christmas? New Book, ‘Axe the Taxes’ Will Pay For It!

RIVERSIDE, Calif. -- Marvin Lee Robey announces the release of his latest book, "Axe the Taxes." Mr. Robey says "Axe the Taxes" is based on Supreme Court cases dealing with taxes and quotes those Supreme Court rulings.

"I received two big surprises when I began studying the Supreme Court cases," Mr. Robey said. "The first was the case of: Doyle v. Mitchell Brothers, 247 U.S. 330 in which the Supreme Court decided: 'We must reject...the broad contention of the government [IRS] that all receipts, everything that comes in - are income within the proper definition of the term 'gross income'....'"

The reason for the Supreme Court's rejection was that the income tax is an excise tax which is only on special privileges that must be applied for, but it was being treated as a direct tax on all money received.

It is very interesting that millions have been spent on repealing the 16th Amendment based upon our slang interpretations, when a simple look at what the Supreme Court has already ruled would have revealed their cause has already passed the Supreme Court!

Title 26, the income tax code, is only for taxes in the U.S. Territories and taxes on privileges. The income tax law is an excise tax on special privileges only, in the U.S. Territories only, and on government employees, unless the IRS can get a voluntary agreement to pay the tax.

"Axe the Taxes" offers forms for properly reporting non-taxable income from different sources. This completely eliminates withholding and 1099 income taxes for most people. "This is easier than filling out a 1040 short form," Robey explained.

"I have used this system since 1996 and have paid only taxes on Social Security which is a government privilege and therefore taxable. I have not paid anything on wages or 1099 income since 1996. I have had no problem and in fact the IRS told me when I once left out something and what it was. I added it and returned it immediately and I have not heard from them since. The IRS has been completely cooperative with me in this," Robey said.

"Axe the Taxes" is not another tax rebellion movement. It is all based upon proper law, already acceptable to the IRS. It does not promote any change in the laws or Constitutional amendments. The law is already on the side of the common people if read with proper legal language instead of common slang. "Axe the Taxes" provides pages of the legal definitions of the critical words from Title 26, the income tax code.

"The tax codes must be read in their proper legal language which is often quite different from our common slang meaning," Robey explained.

"Axe The Taxes" is sold only through the web site at

Considerably more information is available for free on the website.

Marvin Lee Robey

This news story was published by the Neotrope® News Network - all rights reserved.

Free News Articles, Reports and Studies

Credit Unions Increase Use of Outsourced Mortgage Services by 30 Percent in Q3, According to Altavera Mortgage Services

DENVER, Colo. -- Altavera Mortgage Services (Altavera), a leading provider of SAFE Act-compliant outsourced residential mortgage origination services, reported a 30 percent increase in credit union demand for its outsourced mortgage origination services in the third quarter of 2016 compared with the previous quarter. The uptick in demand for outsourced services is linked to growing regulatory compliance costs and an overall increase in origination volume among credit unions.

"Reports early this year indicated that the credit union market was experiencing atypical growth, and our own observations confirm it," said Altavera chief operating officer Debora Aydelotte. "Increasingly, medium-to-large-sized credit unions are choosing Altavera as their outsource partner because we can deliver the service excellence required to meet member commitments while significantly reducing the burden of growing origination workloads."

According to a September Credit Union Trends Report by CUNA Mutual Group, credit unions experienced a 3.3 percent year-over-year increase in first-mortgage originations and a 20 percent year-over-year increase in home-equity loans and second mortgages during the first half of 2016.

Ent Credit Union, the largest Colorado-based credit union and a mortgage lender since the 1980s, turned to U.S.-based Altavera for outsourced assistance in managing some of its record-breaking 2016 first mortgage volume.

"Ent has been active in mortgage lending for decades. Having just come off a record Q3, we anticipate record volume for 2016 and robust demand for mortgages into the foreseeable future," said Ent Credit Union senior vice president and chief lending officer Jon Paukovich. "We are fortunate to be able to invest in growing and training our in-house staff to handle most of our operations, but with the kind of growth we've been undergoing, the option to outsource through Altavera is helpful. Mortgage talent is in high demand and can be very expensive."

Altavera is part of the Loan Services business unit of Computershare (ASX: CPU). Its sister company Capital Markets Cooperative (CMC), a provider of capital markets solutions to mortgage lenders, also serves credit union mortgage lending operations with its mandatory delivery and hedging advisory services.

"The credit union model is built on member trust, which drives a conservative approach to the mortgage business," said Capital Markets Cooperative executive vice president Jeff Harry. "Still, credit unions are receptive to outsourcing when they feel it gives them an advantage around safety and soundness or when certain capabilities just aren't available internally. Just as our credit union partners rely on CMC's expertise in hedging analytics, more and more credit unions are turning to Altavera for SAFE Act-compliant mortgage loan fulfillment."

Altavera expects the upward trend in credit union business to continue over the next 12 months and is preparing to dedicate further resources to this sector of the market.

About Altavera

Based in Denver, Colorado, Altavera provides private-label loan fulfillment services to residential mortgage originators. Altavera's SAFE Act-compliant staff of seasoned, U.S.-based specialists helps clients streamline operations, minimize costs and achieve faster cycle times for greater customer satisfaction and profitability. The firm's service delivery is structured to meet each client's specific needs for loan processing, underwriting, closing and funding.

For more information, visit

About Computershare Limited:

Computershare (ASX: CPU) is a global market leader in transfer agency and share registration, employee equity plans, mortgage servicing, proxy solicitation and stakeholder communications. We also specialize in corporate trust, bankruptcy, class action and utility administration, and a range of other diversified financial and governance services.

Founded in 1978, Computershare is renowned for its expertise in high integrity data management, high volume transaction processing and reconciliations, payments and stakeholder engagement. Many of the world's leading organizations use us to streamline and maximize the value of relationships with their investors, employees, creditors and customers. Computershare is represented in all major financial markets and has over 16,000 employees worldwide.

For more information, visit

About Computershare Loan Services (CLS):

Computershare Loan Services (CLS) is a leading international third-party mortgage servicing business, currently administering over $100 billion of assets. We continue to invest in technology and servicing enhancements globally and in mortgage servicing rights across the USA. We help mortgage lenders optimize the performance of their portfolios and support hundreds of thousands of borrowers throughout the lifecycle of every loan. Our expertise, experience and understanding of large volumes of complex financial data also help us provide insight and services to mortgage providers, investors and real estate professionals.

This news story was published by the Neotrope® News Network - all rights reserved.