Finance
Top of Mind enhances ‘Client for Life’ Workflow to help lenders retain 2020’s record-breaking influx of refi customers
ATLANTA, Ga. — Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced enhancements to its “Client for Life” Workflow. Available to users of SurefireCRM, the Client for Life Workflow helps lenders protect market share by creating over 100 distinct opportunities to stay connected with borrowers over a five-year period….
Bank of Southern California, N.A. Announces Q1 2020 Results and Response to Pandemic
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the first quarter ended March 31, 2020. Total assets increased to $852 million at March 31, 2020, up from $830 million in the prior quarter and an increase of 10.8% compared to March 31, 2019….
Certain Lending Launches Major Survey of Real Estate Investors
SAN FRANCISCO, Calif. — Certain Lending released a national survey of real estate investors. A majority of real estate investors expect COVID-19 will cause home prices to decline up to 20%. The survey of 569 real estate investors across the U.S., conducted between April 20 and 24, is the first of its kind….
IDS Expands eClosing Platform to Include eNotes, Rebrands as Solitude Solution
SALT LAKE CITY, Utah — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has expanded the capabilities of its eClose platform to include eNotes. Recently branded as Solitude Solution, the platform’s eClosing capabilities allow lenders and borrowers to execute loans digitally….
Paragon Insurance Holdings Acquires Trident Public Risk Solutions from Argo Group
NEW YORK, N.Y. — Paragon Insurance Holdings, LLC, headquartered in Avon, Connecticut, a national MGA, announced today that it has closed on the purchase of Trident Public Risk Solutions (TPRS). Acquired from Argo Group (Argo), the transaction positions Paragon as one of the largest providers of commercial insurance coverage for public entities in the U.S….
Bank of Southern California, NA and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Changes to Merger Agreement
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced that they have renegotiated the terms of their merger and have agreed to amend the initial Definitive Agreement announced on October 21, 2019 following shareholder meetings held on April 22, 2020….
Vanbridge Releases Second Comprehensive Review of US Representations and Warranties Insurance Market
NEW YORK, N.Y. — Vanbridge, an EPIC company, an insurance intermediary and program management firm, published its second edition of its U.S. Representations and Warranties Insurance (R&W) Market Review today. This edition evaluates and summarizes domestic R&W data for the years 2017, 2018 and 2019….
ARMCO Launches ACES Consumer™ Quality Management Platform for Financial Institutions
DENVER, Colo. — ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the official release of ACES Consumer, the next iteration of its ACES Audit Technology platform designed specifically for financial institutions….
FormFree and Ocrolus Partner for Comprehensive Borrower Income Verification Program
ATHENS, Ga. — FormFree, a leading fintech provider of credit decisioning services, today announced a partnership with Ocrolus, a leading fintech infrastructure company that transforms documents into actionable data with over 99% accuracy….
SimpleNexus app breezes past 2 million borrower downloads as more consumers and loan originators adapt to mobile mortgage origination
LEHI, Utah — SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced that more than two million consumers have downloaded its award-winning mobile app….