Finance
Bank of Southern California N.A. Announces First Quarter 2018 Results
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced quarterly earnings of $1,072,303 for the first quarter of 2018, a 51% increase compared to $710,022 for the first quarter of 2017. Results for the quarter ended March 31, 2018, include approximately $320 thousand in expenses related to the pending acquisition of Americas United Bank (OTC Pink: AUNB). As previously announced, the Bank also completed a private placement offering of common stock of approximately $26 million during March 2018….
Mid America Mortgage CEO Jeff Bode to Share eMortgage Insights at Texas MBA and MBA Secondary Conferences
ADDISON, Texas — Mid America Mortgage, Inc. (Mid America) announced today that its Owner and CEO Jeff Bode will be sharing his expertise on digital mortgage origination and securitization at two upcoming industry conferences. First, Bode will take the stage as a panelist at the Texas Mortgage Bankers Association’s 102nd Annual Convention in San Antonio….
Best Mortgage Lenders 2018 Ranks Wesley Ryan Grubbs of The Cooksey Team as the No. 1 Loan Officer in Flower Mound, Texas
ADDISON, Texas — The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today that its loan officer (LO) Wesley Ryan Grubbs has been ranked No. 1 in Flower Mound, Texas, based on total number of loans closed in 2017, according to Best Mortgage Lenders 2018. The rankings, which are published in conjunction with Ask a Lender and Scotsman Guide Media, also placed Grubbs at No. 157 statewide….
ARMCO’s Q3 2017 Trends Report: Critical Loan Defect Rate Drops for First Time in 2017
POMPANO BEACH, Fla. — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation software solutions, announced the release of the ARMCO Mortgage QC Trends Report. The latest report is for the third quarter of 2017, which relays loan quality findings for mortgages reviewed by ACES Audit Technology between July 1, 2017 and September 30, 2017….
EPIC Adds KJ Wagner as Principal and Director of Southwest Region Property and Casualty Operations
DALLAS, Texas — EPIC Insurance Brokers and Consultants, a leading national retail property, casualty insurance brokerage and employee benefits consultant, today announced the addition of insurance industry veteran KJ Wagner as Principal and Director of Property & Casualty Insurance Operations for the firm’s Southwest Region….
ARMCO Wins HousingWire’s HW Tech100 Award for Fourth Consecutive Year
POMPANO BEACH, Fla. — ACES Risk Management (ARMCO), the leading provider of financial risk mitigation and compliance solutions, announced that it has won HousingWire’s fifth annual HW Tech100 award, which recognizes the 100 most innovative technology companies in the U.S. housing economy. This is the fourth consecutive year that ARMCO has won the prestigious award….
ReverseVision and Allegiant Reverse Services Partner to Simplify Title Ordering for HECM Loans
SAN DIEGO, Calif. — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced a partnership with Allegiant Reverse Services (ARS), a full-service title and settlement company with an exclusive focus on reverse mortgage closings….
Ascend Federal Credit Union Automates its Residential Mortgage Lending Business with OpenClose’s LenderAssist LOS and DecisionAssist PPE
WEST PALM BEACH, Fla. — OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that Ascend Federal Credit Union (Ascend) is leveraging its LenderAssist(TM) LOS platform and DecisionAssist(TM) product and pricing engine (PPE). OpenClose’s completely browser-based solution has delivered additional efficiencies and heightened service levels for the credit union’s growing mortgage lending division….
Ready for Next Tax Season? New TaxBird App Designed for People with Homes in More than One State
NAPLES, Fla. — With this year’s tax season in the rear-view mirror, there’s no better time to start prepping for the next round. TaxBird – a new tax app developed by ware2now, LLC – helps people with homes in more than one state ensure they don’t exceed their residency threshold. It’s useful to tax professionals and estate planners too….
ACEC Business Insurance Trust looks to the future, appointing Greyling / EPIC as New Broker and Program Administrator
SAN FRANCISCO, Calif. — The Trustees of the American Council of Engineering Companies (ACEC) Business Insurance Trust (BIT) and EPIC Insurance Brokers & Consultants announced today that Greyling Insurance Brokerage & Risk Consulting – a division of EPIC was selected as the broker and program administrator for the ACEC BIT Program effective January 1, 2018….