California Business
ReverseVision Vice President of Sales and Marketing Wendy Peel Included in MPA’s 2018 Hot 100
SAN DIEGO, Calif. — ReverseVision,, Inc., the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced today that Vice President of Sales and Marketing Wendy Peel has been named to Mortgage Professional America (MPA) magazine’s Hot 100 list. Peel was selected for her influential role in bringing HECM loans into the mortgage mainstream as part of a Generational Lending approach to serving borrower needs across the consumer lifecycle….
Bank of Southern California, N.A. Announces Fourth Quarter and Year-end 2017 Results
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,134,397 for the fourth quarter of 2017, compared to $1,088,043 for the third quarter of 2017 and $902,476 for the fourth quarter of 2016. For the year, net earnings were $3,964,692 in 2017, a 32 percent increase compared to $3,009,251 for 2016. Results for the fourth quarter and year ended December 2017 include a $200,000 increase in income tax expense due to recent Tax Reform legislation….
iMobie PhoneRescue Now Retrieves Data from All Android Phones or Tablets with Highest Success Rate
LOS ANGELES, Calif. — iMobie Inc., a leading software company focused on Android and iOS, announces that its ultimate data recovery tool PhoneRescue supports recovery of data from all Android phones and tablets, including SAMSUNG, HUAWEI, LG, XIAOMI, SONY — no brand limit anymore. With the highest data recovery rate in the industry, PhoneRescue will dig into every corner of your phone and bring back all your lost-but-valued messages, contacts, photos, music, videos, app data and more with ease….
Subsequent QC, LLC Urges Lenders to Protect MSRs Ahead of Mortgage Servicing Activity in 2018
LOS ANGELES, Calif. — Subsequent QC, LLC President Michael Steer today advised lenders to take steps to protect their Mortgage Servicing Rights (MSR) assets ahead of an anticipated increase in total mortgage servicing volume. According to the Mortgage Bankers Association, outstanding mortgage debt is expected to reach $10.4 trillion by the end of 2018, compared to $10 trillion in 2017 and $9.7 trillion in 2016….
California Launches John Lennon ‘Imagine’ License Plate Program to Help End Hunger in California, One Plate at a Time
SACRAMENTO, Calif. — The California Department of Motor Vehicles has commenced the pre-sale to put the iconic self-portrait image of John Lennon on California license plates which will help fund the state’s food banks. The special license plate features the famous John Lennon self-portrait image and the slogan, “IMAGINE no hunger.” Proceeds from sales will be administered by the California Department of Social Services and distributed to the California Association of Food Banks to be utilized throughout the state of California for food bank programs….
DocMagic Reaches 300 Million Mortgage eSignings as More Borrowers Opt for eSigning and More Lenders Require Proof of TRID Compliance
TORRANCE, Calif. — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has processed more than 300 million mortgage-related electronic signatures….
Bank of Southern California N.A. announces new SBA and Commercial Real Estate Lending Group Led by Steve Pollett
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), announced that Steve Pollett has joined the company as SVP, SBA and Commercial Real Estate Lending Group Manager. With more than 30 years’ experience in SBA and Commercial Real Estate lending, Pollett will be responsible for leading a team to provide financing to small and medium-sized businesses throughout the Southern California region….
iEmergent Joins The Mortgage Collaborative’s Preferred Partner Network
SAN DIEGO, Calif. — The Mortgage Collaborative (TMC), the nation’s only independent mortgage cooperative, today announced the addition of forecasting and analytics firm iEmergent to its Preferred Partner network. iEmergent offers TMC members market-based forecasts that can drill down into communities, making the intelligence relevant to both high-level strategic issues and specific market challenges….
Cursive is Cool Handwriting Contest Launches on 41st Anniversary of National Handwriting Day
LOS ANGELES, Calif. — Cursive writing continues to enjoy increasing appreciation in the United States and around the world, and the annual Cursive is Cool contests for 2018 are launching on the 41st anniversary of National Handwriting Day, celebrated around the world on Jan. 23 each year. Presented by the Campaign for Cursive, a committee of the American Handwriting Analysis Foundation, the date is associated with the birth of John Hancock….
EPIC Insurance Adds Philip Westphal in Sacramento, Calif.
SACRAMENTO, Calif. — EPIC Insurance Brokers and Consultants (‘EPIC’) announced today that risk management and insurance professional Philip Westphal has joined the firm’s commercial property/casualty team in Sacramento, Calif. as a Risk Advisor/Broker in EPIC’s Healthcare Practice. Westphal will report to Managing Principal and Healthcare Practice Co-leader, Tom McCready….