Finance
ReverseVision Partners with DataVerify to Help HECM Lenders Improve Loan Quality, Reduce Repurchase Risk
SAN DIEGO, Calif. — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced the availability of DataVerify’s DRIVE verification platform within ReverseVision’s flagship RV Exchange (RVX) loan origination system (LOS). DRIVE helps lenders improve efficiency and reduce repurchase risk by monitoring changes to borrower identity, loan application, and property data throughout the origination process….
National Mortgage Professional Magazine Names OpenClose a 2018 Top Mortgage Employer for the Second Year in a Row
WEST PALM BEACH, Fla. — OpenClose, an industry-leading multi-channel loan origination system (LOS) and mortgage fintech provider, announced that was it was again honored as a Top Mortgage Employer by National Mortgage Professional magazine (NMP) for 2018. OpenClose was one of only ten companies to be included in the Services Providers category….
Mortgage Risk Management and Compliance Vendor MQMR Grows Sixth Consecutive Year Serving Lenders and Servicers
LOS ANGELES, Calif. — Mortgage Quality Management and Research, LLC (MQMR), a leader in mortgage risk management and compliance services, today announced that 2017 was a banner year for the company, marked by the launch of two new auditing programs and the addition of senior-level staff members….
Andrea Racanelli of EPIC to Present on Social Media Marketing in the Transportation Industry at International LCT Show
LAS VEGAS, Nev. — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Marketing Communications Manager Andrea Racanelli of The Capacity Group – an EPIC Company will present at the International Luxury Coach and Transportation (LCT) Show on March 13 at the Mandalay Bay Resort and Casino in Las VegaS….
Suzanne McGarey, Matias Ormaza and Louis Hefter of EPIC Honored as Risk & Insurance Magazine 2018 Power Brokers
SAN FRANCISCO, Calif. — EPIC Insurance Brokers and Consultants (‘EPIC’), a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Managing Principal Suzanne McGarey and Senior Vice President Matias Ormaza have been recognized as 2018 Power Brokers by Risk & Insurance Magazine. Principal Louis Hefter was named a finalist….
Bank of Southern California N.A. Announces Amanda Conover as Vice President, Director of Marketing
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, Calif., has named Amanda Conover as Vice President, Director of Marketing. She will be responsible for developing and executing a strategic marketing plan that strengthens brand awareness and drives growth, further supporting the Bank’s efforts to increase its presence as it continues its expansion in the Southern California region….
Simplifile Approved by Arkansas Secretary of State as E-Notary Vendor
PROVO, Utah — Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it has been approved by the Arkansas Secretary of State as an electronic notary (e-notary) service provider. As a result, Simplifile users in the 23 Arkansas recording jurisdictions in Simplifile’s e-recording network will now have the ability to electronically notarize documents, thus streamlining their processes and allowing them to keep as much of the real estate transaction electronic as possible….
Quest Advisors Picks TRK’s Insight RDM Mortgage QC Audit Platform
SALT LAKE CITY, Utah — TRK Connection , a leading provider of mortgage quality control and origination management solutions, announced today that outsourced mortgage quality assurance firm Quest Advisors has selected Insight Risk & Defect Management to power its third-party mortgage QC reviews….
Inlanta Mortgage Integrates CompenSafe with LendingQB
MACON, Ga. — LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that Wisconsin-based Inlanta Mortgage has completed integration between LBA Ware’s CompenSafe automated compensation calculation platform and LendingQB’s cloud-based loan origination solution (LOS). Through the integration, Inlanta is able to leverage real-time loan production data to automatically calculate compensation for each of its 100+ loan originators….
IDS Gains Market Share in 2017 Despite Industry Downturn
SALT LAKE CITY, Utah — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it increased its share of the mortgage document preparation market in 2017, even though the industry overall experienced a decline in volume. In February, idsDoc introduced new borrower data collection fields that support compliance with the 2018 changes to Home Mortgage Disclosure Act (HMDA) reporting….