California Business

March 30, 2017

HousingWire Names Mortgage Capital Trading a 2017 HW TECH100™ Technology Provider for the First Time

SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that it was designated a top 100 mortgage technology firm by HousingWire for the first time ever. The annual HW TECH100(TM) is designed to recognize the most innovative technology companies in the U.S. housing economy….

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Culver City, California Becomes a Sanctuary City

CULVER CITY, Calif. — At its March 27, 2017 meeting, the City Council of the City of Culver City adopted a Resolution to declare itself a sanctuary city. According to the Resolution, “The City of Culver City is a sanctuary city for all of its residents, and the City stands in solidarity with other sanctuary jurisdictions.”…

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Tentenyu Announces Grand Opening Event of Its Second Location, March 31 to April 2 in Culver City, CA

CULVER CITY, Calif. — TENTENYU RAMEN on WLA Sawtelle Japantown announced today, to commemorate the grand opening, a “Dice Challenge” event will take place for three days from Friday, March 31 to Sunday, April 2 at Tentenyu Culver City, Calif….

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March 27, 2017

Mortgage Automation Pioneer cloudvirga Raises $15 Million in Series B Funding

IRVINE, Calif. — Cloudvirga(SM), developer of the automated, cloud-based intelligent Mortgage Platform(R) (iMP), announced today it has raised $15 million in a series B funding round led by Incenter, a Blackstone Group portfolio company. The new funding will support cloudvirga as it scales its technology and expands its product offerings….

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March 26, 2017

iMobie Updates PhoneClean 5 with Erase Clean to Wipe iPhone Data Permanently for 100-percent Safeguard Against Identity Theft

LOS ANGELES, Calif. — iMobie Inc., the developer of iPhone manager AnyTrans and iPhone data recovery tool PhoneRescue, today updates iOS Cleaner PhoneClean 5 with an entirely revamped UI to make interaction more fun and adds new Erase Clean feature to erase and render everything in iPhone unrecoverable for identity thieves….

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March 24, 2017

STUDY: Linking Prevailing Wage Standards with Housing Reforms Would Close Affordability Gap and Save Taxpayer Dollars

SACRAMENTO, Calif. — A brand new study by construction industry research non-profit Smart Cities Prevail shows that linking prevailing wage standards with proposed reforms to streamline new housing development would close the affordability gap, save state and local governments tens of millions of dollars annually, and disproportionately benefit communities of color….

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Alessandro Feitosa joins 5 Bars as Vice President, Solution Engineering

IRVINE, Calif. — 5 BARS(R) announced today that Alessandro Feitosa has joined 5 Bars as Vice President, Solution Engineering. Alessandro brings 15 years of experience and expertise in the sports and technology space. He has led strategic pursuits and deployments across the globe….

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March 22, 2017

Bank of England Mortgage Helps Customers Get More Out of Retirement with Home Equity Conversion Mortgages (HECM) and ReverseVision Technology

SAN DIEGO, Calif. — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Bank of England (BOE) Mortgage, a nationwide mortgage lender based in England, Arkansas, has selected RV Exchange (RVX) loan origination software (LOS) to support its growing Home Equity Conversion Mortgage (HECM) division….

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Housing Advocates and Los Angeles Residents Call on Los Angeles City Council to Limit Short-Term Rentals in L.A.

LOS ANGELES, Calif. — A growing alliance of affordable housing advocates, local neighborhood renters and homeowners, hotel employees and hotel representatives gathered today in front of Los Angeles City Hall to call on City officials to adopt smart regulations for short-term rentals, according to Keep Neighborhoods First….

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New Vista Behavioral Health Welcomes Avalon Malibu to Their Family of Addiction and Mental Health Treatment Centers

COSTA MESA, Calif. — New Vista Behavioral Health, a leading provider of addiction treatment, is proud to announce the acquisition of Avalon Malibu. The addition of Avalon to Infinity Treatment Centers, and Simple Recovery, expands the offerings of New Vista Behavioral Health’s distinctive, effective and complementary group of addiction and mental health programs, providing exemplary care to clients struggling with chemical dependency or mental health issues….

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