Education and Schools, Free News Articles

Laguna College of Art and Design Celebrates Class of 2018

LAGUNA BEACH, Calif. -- On Monday, May 21 at 5 p.m., one hundred eleven students became graduates of Laguna College of Art and Design's (LCAD) Class of 2018. President Jonathan Burke and Board of Trustees Chair Jared Mathis conferred undergraduate degrees in Animation, Drawing & Painting, Game Art, Graphic Design + Digital Media, and Illustration. LCAD Provost Helene Garrison, Ph.D. conferred graduate degrees in LCAD's MFA program in Art of Game Design. Peter Zokosky, chair of LCAD's Master of Fine Arts (MFA) programs in Drawing and Painting, conferred graduate degrees in Painting.

Steve Van Doren, son of Vans cofounder Paul Van Doren and Vans' Shoes Vice President of Events and Promotions, delivered the College's Commencement address that included a classic Van Doren surprise. After he praised LCAD for being the only art and design college offering an Action Sports Design program, he asked students to look under their chairs to find a Vans Custom Card, giving them an opportunity to design their own unique pair of Vans shoes. Steve Van Doren and Jonathan Burke will judge the students' custom designs and select a winner who, with friends and family, will enjoy an evening out on the town with Vans' official Ambassador of Fun, Steve Van Doren.

During the past six years Vans has generously collaborated with the LCAD. The "Vans Honors Lab" teaches the creative process of footwear design and past student designs have been selected for production and sale around the world. The company also partners with the College to host an annual Vans Custom Culture high school shoe design competition that includes immersive workshops. Vans offers scholarships to competition winners, contingent upon their acceptance to LCAD.

After the commencement ceremony, Van Doren was presented with an original painting of Vans checkerboard shoes by new LCAD BFA in Drawing & Painting alumna Christina Matadama.

Cristina exhibited her work titled "Cozy" during LCAD Gallery's Senior Fine Arts Exhibition and, when Burke saw Cristina's painting, he knew it would be a perfect gift to commemorate Van Doren's Commencement speech to the Graduating Class of 2018. Burke also arranged for Cristina and her family to witness the opening of the gift and greet her newest collector.

Chloe Allred, summa cum laude MFA in Painting alumna, was LCAD's 2018 Student Commencement Speaker. She is a contributing artist and writer for the book, "We Believe You" (published by Henry Holt in 2016.) Her paintings and writing have been featured in Orange Coast Magazine, Huffington Post, USA Today, and the BBC. She is a founding and active member of The Body Joy Project, a feminist artist collective that critiques and challenges the way our culture thinks about body image. Chloe is currently a teaching artist at The Artist Lab.

Allred encouraged her fellow students to "Show up for yourself. Give yourself a chance and have some faith in the crazy ideas that you're going to have."

For more information about LCAD's 2018 Commencement, please visit: https://www.lcad.edu/.

About Laguna College of Art and Design:

Founded in 1961, Laguna College of Art and Design (LCAD) is one of the top art and design schools in the nation. LCAD offers undergraduate degrees (BFA) in Animation, Drawing + Painting, Game Art, Graphic Design + Digital Media, Illustration, and Illustration in Entertainment Design, as well as Master of Fine Arts degrees (MFA) in Art of Game Design, Drawing, and Painting. The Dennis and Leslie Power Library at LCAD houses the historic archives of the College and The Rex and Joan Irving Brandt Papers.

For more information about LCAD admissions, news, events and Annual Fund, visit https://www.lcad.edu/.

Facebook at @LCADBFA, Twitter @LCAD and Instagram @lcadbfa.

Web Photo Caption: Steve Van Doren (son of Vans' co-founder Paul Van Doren), Vans Shoes vice president of Events and Promotions, delivered the College's Commencement address.

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Awards and Honors, Business, Free News Articles, Software

Cloudvirga Named a 2018 Benzinga FinTech Award

IRVINE, Calif. -- Cloudvirga(TM), a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(R), was honored as one of the world's top fintech firms at last week's Benzinga Global Fintech Awards.

After advancing to the competition's final round in April, Cloudvirga was one of just three companies recognized in the "Best Digital Mortgage Solution" category during the awards ceremony on May 15 in New York. The following morning, Cloudvirga announced it had completed a $50-million Series C funding round led by private-equity firm Riverwood Capital.

Founded in 2015, the Benzinga Global Fintech Awards recognizes leading innovators in finance and fintech. Hundreds of companies vied for recognition in nearly 30 categories this year.

"Cloudvirga is proud to be recognized as a global leader in digital mortgage solutions," said Cloudvirga CEO Michael Schreck. "Our intelligent Mortgage Platform combines decades of real-world mortgage experience with the latest innovations in process automation, data science and machine learning to produce a world-class borrower experience while radically reducing the cost of lending for mortgage companies. We're redefining what the digital mortgage experience means for consumers, loan officers and back-office teams."

About Cloudvirga(TM):

Cloudvirga's digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform(R), uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Founded by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga's customer base includes eight of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $77 million from some of the country's top lenders and private-equity firms.

For more information, visit http://www.cloudvirga.com or follow Cloudvirga on LinkedIn.

@Cloudvirga @BZAwards #BZawards #fintech

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Defense and Military, Free News Articles, Legal and Law

NotaryCam Honors U.S. Military Veterans and Service Members with Complimentary Notarizations During Memorial Day Holiday

NEWPORT BEACH, Calif. -- NotaryCam, Inc. (NotaryCam) today announced the return of its annual "Help a Hero" initiative. This Memorial Day weekend from Friday, May 25, through Monday, May 28, NotaryCam will honor those who have served by offering no-cost online notarization sessions to United States military veterans and service members.

NotaryCam allows businesses and individuals to legally notarize, sign and execute documents and agreements online. Parties from anywhere in the world can connect to a live notary public in a secure virtual signing room. Identities and e-signatures are verified in a face-to-face web interaction, enabling parties to e-close real estate and mortgage transactions and notarize deeds, powers of attorneys, health directives and more.

"This marks the sixth year NotaryCam has helped our heroes, who are deployed all over the world protecting our freedom," said NotaryCam founder Rick Triola. "We're proud to once again offer veterans and service members a small token of our appreciation by providing the convenience, flexibility and time savings of online notarization at no charge this Memorial Day weekend."

"For the many men and women who need to conduct family business but find it difficult to travel to a notary - whether because of a past injury or a current deployment - NotaryCam has you covered," Triola added.

"Being deployed and needing to take care of legal documents back home can be a big hassle without the right support here," said a United States Army Field Service Representative in a testimonial submitted to NotaryCam's website. "NotaryCam is an ingenious idea that has helped save stress and time."

Current United States military service members and veterans who wish to take advantage of this offer need only notify their notary and present a valid military or Veterans ID card during the promotion. For more information, please visit https://www.notarycam.com/.

About NotaryCam, Inc.:

NotaryCam is a pioneer and leader in remote notarization and identity verification solutions. NotaryCam's enterprise-grade platform has helped thousands of companies and individuals get documents notarized online from anywhere in the world, at any time, by a network of certified, licensed notaries. NotaryCam's technology provides the highest level of identity verification, security and fraud prevention as well as unmatched customer convenience.

Visit https://www.notarycam.com/ for additional information or to get a document notarized today.

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Business, Free News Articles, Funding and Investment, Software

Cloudvirga Raises $50M to Deliver a Truly Digital Mortgage Experience

IRVINE, Calif. -- Cloudvirga(TM), a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(R), today announced the closing of a $50-million Series C funding round led by private-equity firm Riverwood Capital (Riverwood) with ongoing participation from Upfront Ventures.

The new funding will support Cloudvirga's mission to help lenders reduce record-high loan production costs via automation and empower borrowers with greater transparency and engagement in the mortgage transaction.

"We believe the material opportunity in the $1.6 trillion U.S. mortgage market lies in digitizing and automating not just the loan application, but the mortgage factory," said Cloudvirga CEO Michael Schreck. "Our industry's current 'shiny object syndrome' has resulted in a preoccupation with the digital application. Instead, Cloudvirga's technology uniquely tackles the mortgage cost problem, which has helped us garner tremendous interest from many of the country's top private-equity funds."

Schreck added, "Ultimately, we found our ideal capital partner in Riverwood Capital, whose unique experience supporting rapidly growing fintech firms from both Silicon Valley and New York is a perfect fit for Cloudvirga. We are also grateful for Upfront Ventures' ongoing confidence in our company."

"The mortgage market is one of the largest in the country, yet innovators are still nibbling on the edges of mortgage automation," said Riverwood executives Scott Ransenberg and Jay Schneider. "Cloudvirga has the right fusion of mortgage and technology DNA to transform the way lenders do business. Cloudvirga's blue chip customer base, which includes many of the largest and most sophisticated mortgage lenders in the country, is a testament to their unique end-to-end solution." With this funding, both Schneider and Ransenberg will join Cloudvirga's board of directors.

Cloudvirga had previously raised over $27 million, including a nearly $20 million Series B led by Blackstone Group (NYSE: BX) portfolio company Incenter and a $7.5 million Series A led by Upfront Ventures, Tribeca Angels and Dallas Capital. Cloudvirga's total investment support now exceeds $77 million. DCS Advisory LLC acted as the exclusive financial advisor to Cloudvirga in connection with the current transaction.

About Cloudvirga(TM):

Cloudvirga's digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform(R), uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Founded by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga's customer base includes eight of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $77 million from some of the country's top lenders and private-equity firms.
For more information, visit http://www.cloudvirga.com or follow Cloudvirga on LinkedIn.

About Riverwood:

Riverwood Capital is a private equity firm that invests in high growth middle-market technology companies. Riverwood offers a unique combination of operational, strategic, technology, and financial insight to portfolio companies. The firm partners with established businesses with a proven technology and business model, and the proper fit in terms of culture and values, in both minority and control situations. Riverwood has offices in Menlo Park; New York; and Sao Paulo, Brazil. For more information, please visit https://www.riverwoodcapital.com.

Twitter: @Cloudvirga #fintech #funding

REF: - Ticker: NY:BX : NYSE:BX

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Awards and Honors, Business, Electronics, Free News Articles, Manufacturing

MAGLITE Flashlight Wins National Hardware American Manufacturing Award for Best New Product for Second Year in a Row

ONTARIO, Calif. -- MAG Instrument Inc. (MAG), the world leader in flashlight technology, has been awarded the National Hardware American Manufacturing Award for Best New Product for the second year in a row. The award was presented to MAG by John Lederer with the National Hardware Show (NHS) and Marcie Gabor of the Made In USA Brand. The Maglite(R) ML150LR LED Rechargeable Flashlight System was selected out of eight finalists to receive the award.

NHS and the Made In USA Brand annually pick the Best New Product from an American manufacturer as such products are favored by conscientious consumers. The NHS and the Made in USA Brand are working together to support manufacturers who are forerunners in this national trend. The American Manufacturing Awards are given to companies that manufacture their products in the U.S.A. and focus on excellence in design, quality and innovation.

"It is an honor to receive this coveted award for the second year in a row," said Tony Maglica, president, owner and founder of MAG Instrument. "We maintain a commitment to high quality, American manufactured products while providing the public with high-performance, reliable and durable products."

The mid-sized ML150LR flashlight was designed with first responders in mind. It is a rechargeable flashlight that comes with a cradle intended to ride alongside officers in their patrol vehicle. The ML150LR packs over 1,000 lumens and lasts up to 79 hours in ECO mode. Multiple law enforcement officers from the National Tactical Officers Association who field-tested the ML150LR flashlight gave it a high rating and praised it for a variety of critical features including brightness, beam throw, toughness, on-time between charges and more. The ML150LR is also MAG's first mid-size flashlight to use Lithium Iron Phosphate (LiFeP04) rechargeable battery chemistry, which allows for faster recharging (about 2.5 hours from "dead" to "full").

About Mag Instrument:

Mag Instrument is proud to be a U.S.A. manufacturer. Each flashlight is a result of an obsession with fine engineering, craftsmanship and a commitment to perfection. Founder, owner and president Anthony Maglica has guided his company's growth from a one-man machine shop in 1955 to an enterprise that has proudly employed thousands of American workers since it produced its first flashlight in 1979.

For more information, visit: http://maglite.com/

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Business, Free News Articles, Insurance

EPIC Insurance Adds Sean Conrad as Southern California Principal

IRVINE, Calif. -- EPIC Insurance Brokers and Consultants announced today that risk management and insurance professional Sean Conrad has joined the firm's operations in Southern California as a principal.

Conrad will be based in EPIC's Irvine, Calif., office. He will partner collaboratively with Jim Gillette, president of the company's Pacific South Region, and Irvine Managing Principal and Branch Leader Tony D'Asaro.

Conrad will be responsible for new business development as well as the design and oversight of property/casualty insurance programs, risk management strategies, and employee benefit brokerage and consulting services for mid-market and large clients across a range of industries. Additionally, Conrad will focus on recruitment and team building as the firm continues to add talent throughout the region.

Prior to joining EPIC, Conrad was a senior vice president and business development officer for Wells Fargo Insurance Services, which was acquired by USI Insurance Services in December 2017.

Conrad began his insurance career in 1999 as a claims director at Allied Insurance, a Nationwide Company. Five years later, he moved to the brokerage side of the business, joining Willis as a vice president of sales and business development.

Conrad is a founding member of the International Executive Council of the Internet Marketing Association, a diverse group of business leaders and entrepreneurs with a passion for technology innovation that will serve as an important resource for building relationships in the region's business community.

"We are excited to further expand and enhance EPIC's operations in Orange County and the greater Los Angeles area with Sean's addition," said Gillette. "He is well known, has a tremendous network throughout Southern California, and is highly respected for building strong relationships and providing exceptional service on behalf of his clients. We look forward to partnering with Sean as we continue to build out an exceptional team in Southern California."

Conrad can be reached at sean.conrad@epicbrokers.com or 949-417-9171.

About EPIC:
EPIC is a unique and innovative retail property & casualty and employee benefits insurance brokerage and consulting firm. EPIC has created a values-based, client-focused culture that attracts and retains top talent, fosters employee satisfaction and loyalty and sustains a high level of customer service excellence.

EPIC team members have consistently recognized their company as a "Best Place to Work" in multiple regions and as a "Best Place to Work in the Insurance Industry" nationally.

EPIC now has more than 1,400 team members operating from 50 offices across the U.S., providing Property & Casualty, Employee Benefits, Specialty Programs and Private Client solutions to more than 20,000 clients.

With run rate revenues greater than $400 million, EPIC ranks among the top 20 retail insurance brokers in the United States. Backed by Oak Hill Capital Partners, the company continues to expand organically and through strategic acquisitions across the country.

Learn more about EPIC at: https://www.epicbrokers.com/.

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Business, Free News Articles, NonProfit and Charities

Lion’s Heart Appoints New Executive Director

IRVINE, Calif. -- Lion's Heart announced today that its Board of Directors has named Becca Tankersley as the organization's next Executive Director effective June 11, 2018. She will work in partnership with the Lion's Heart Board of Directors, staff, volunteers, and community partners to lead the organization forward in creating innovative paths for teens to connect with local volunteer opportunities.

Tankersley has a B.A. in Organizational Dynamics from Wilmington University as well as a Certificate in Nonprofit Management. She joined the Lion's Heart staff in 2017 as the Program Director and currently serves on the OneOC Nonprofit Advisory Board. Furthermore, she has been a passionate leader in the nonprofit world for over 13 years.

After serving a rewarding term as a Corps Member of AmeriCorps' City Year Program, Tankersley knew she wanted to dedicate her life to service. Subsequently, she went on to successfully provide strategic oversight as a Community Development Manager for the American Cancer Society, Lead Recruitment Specialist for Girl Scouts of Orange County, and Founder/Chair of the Young Nonprofit Professionals Network of Orange County. Her extended experience in developing youth programs (including the upcoming Lion's Heart Teen Leadership Quest), coaching community groups, and managing nonprofit business has her poised and ready to propel this growing movement for teens.

Tankersley succeeds Terry Corwin, who retires as Executive Director this summer. Corwin is the original visionary and founder of Lion's Heart, having created the organization out of her Orange County, CA home in 2004 with a small but eager group of 20 teenage members. Under her enthusiastic leadership, Lion's Heart has grown rapidly and connected over 10,000 teens nationwide with local volunteer opportunities through its digital portfolio and mobile app.

These empowered teen members have contributed nearly 1 million service hours to a wide variety of causes important to them--thus enriching their local communities, peer relationships, and personal resolve.

Corwin will remain active with Lion's Heart by serving as a member of the Board of Directors.

"Here at Lion's Heart we all share a passion for helping others and building strong communities," says Corwin. "We take pride in supporting our teens as they set leadership goals and find the power within themselves to influence positive change. I am extremely proud of the work we have accomplished together at Lion's Heart and could not be more excited to see what the future holds as our Members grow into passionate, socially-conscious citizens. With Becca now at the helm, there is nothing we cannot accomplish."

About Lion's Heart:

We are Lion's Heart: teens dedicated to positive social impact. We are a national 501(c)(3) nonprofit that provides 5th-12th grade students with local service opportunities that help them build a strong community service portfolio. Teens can track hours, earn leadership awards, and export their service portfolio to use on scholarship, college, and career applications. We are over 10,000 Members strong with new chapters forming every day across the United States!

To form a chapter in your neighborhood, become a Member, request volunteers for your cause, or become a corporate partner, visit: https://lionsheartservice.org/.

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Alliances and Partnerships, Business, Free News Articles, Software

Veros and IDS Partner on Integrated Solution for Fannie Mae and Freddie Mac UCD Data Submissions

SANTA ANA, Calif. -- Veros Real Estate Solutions (Veros(R)), a leading developer of enterprise risk management, collateral valuation, and predictive analytics services, and mortgage document preparation vendor International Document Services, Inc. (IDS) announced today that they have partnered to provide lenders with a fully integrated automated delivery solution for submitting the Uniform Closing Dataset (UCD) to the Government Sponsored Enterprises (GSEs).

The Veros and IDS partnership creates a fully integrated UCD data file creation solution and submission solution. By offering lenders a single, integrated solution - similar to the Uniform Collateral Data Portal (UCDP) - and combining IDS's UCD XML file creation capability with Veros' Pathway UCD submission system, both Veros and IDS ensure full compliance with the GSEs' June 25, 2018 mandate.

"IDS is widely recognized as a leader in the mortgage document preparation space, and we are pleased to partner with them to provide lenders with a single, integrated solution to ensure compliance with the GSEs' upcoming UCD data submission requirement changes," said Robert Walker, CMB, CMT and Vice President of Sales at Veros.

According to a January 30, 2018 joint announcement made by Fannie Mae and Freddie Mac, warning UCD edits in the GSEs' respective delivery systems related to non-submission or unsuccessful UCD submission will become critical or fatal effective June 25, 2018. In addition to the edits that will turn fatal in the GSEs' delivery systems, the UCD warning edit for embedding the PDF will also convert to fatal, resulting in a "Not Successful" status, as of the June mandate.

Both GSEs are recommending that lenders prepare for the change by submitting "Successful" UCD files prior to delivering their loans, as appropriate. In response to the joint announcement from January, IDS has updated its proprietary idsDoc platform to support the directive and issued a press release on April 11, 2018 urging lenders to begin troubleshooting UCD files that resulted in a "Not Successful" status.

"IDS has been gathering feedback from our clients in an effort to error-proof the UCD submission process before the upcoming changes," added Matthew Mackey, Director of Sales and Marketing at IDS. "Veros' expertise in working with automation and providing the technology powering the UCDP make them an excellent partner not only in this endeavor, but also in our overall goal to make idsDoc as seamless and efficient as possible for our clients."

For more information about the IDS and Veros UCD solution, contact Matthew Mackey at 800-554-1872, ext. 134 or matthew@idsdoc.com.

About Veros Real Estate Solutions:

Mortgage technology innovators since 2001, Veros is a proven leader in enterprise risk management and collateral valuation services. The firm combines the power of predictive technology, data analytics, and industry expertise to deliver advanced automated solutions that control risk and increase profits throughout the mortgage industry, from loan origination to servicing and securitization. Veros' services include automated valuation, fraud and risk detection, portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is also the primary architect and technology provider of the GSEs' Uniform Collateral Data Portal (UCDP) and FHA's Electronic Appraisal Delivery portal (EAD). For more information, visit http://www.veros.com/ or call 866-458-3767.

About IDS, Inc.:

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes. Learn more at: http://info.idsdoc.com/.

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Business, Free News Articles, Software

Cloudvirga and Freddie Mac Team Up to Deliver a Better Borrower Experience, Maximize Fungibility

IRVINE, Calif. -- Cloudvirga(TM), a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(R), today launched single-click submission of loan data to both GSEs' automated underwriting systems (AUS) in a collaborative effort with Freddie Mac, delivering on the industry need for greater transactional ease.

The dual-AUS submission and review process allows lenders to maximize loan fungibility in the secondary market and improve loan quality through automation. Cloudvirga works behind the scenes to automate review of each GSEs' AUS' findings report, applying rules-based logic and predictive analytics to determine the best path for a loan without adding manual review tasks or interfering with a loan team's preferred origination workflow.

"We're empowering loan officers and back-office teams with data and augmented intelligence and making it effortless to deliver the best possible borrower experience while maximizing loan performance in the secondary market," said Kyle Kamrooz, Cloudvirga Co-founder.

Running loan data through both AUSs up front allows loan officers to identify opportunities to help borrowers save money and close loans faster. For example, a loan may not qualify for an automated appraisal waiver from both GSEs. Avoiding the need for an appraisal can save borrowers anywhere from $300 to over a thousand dollars and shorten loan cycle times by days or weeks. Dual-AUS submission will ensure loan officers have a full picture of the options available for their borrowers and can provide the best borrower experience.

"Freddie Mac is committed to helping all lenders maximize loan fungibility while maintaining transactional ease, reducing origination costs and improving the borrower experience," said Rick Lang, Vice President, Loan Advisor Suite Strategy and Integration for the Single-Family business at Freddie Mac. "We're confident Cloudvirga's 'AUS agnostic' submission will demonstrate that selecting Loan Product Advisor on a per-loan basis will add value for both lenders and borrowers."

The functionality will be available to Cloudvirga customers with Freddie Mac Loan Product Advisor's 4.8 release. Loan Product Advisor 4.8 also adds new support for automated validation of borrower asset and income data.

About Cloudvirga(TM):

Cloudvirga's digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform(r), uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Founded by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga's initial customer roster includes nine of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $27 million from some of the country's top lenders and venture capital firms.

For more information, visit http://www.cloudvirga.com/ or follow Cloudvirga on LinkedIn.

REF: OTCMKTS:FMCC / OTC:FMCC

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Awards and Honors, Business, Free News Articles

Cloudvirga Named to HousingWire’s TECH100 List of Most Innovative Tech Companies in Real Estate and Housing

IRVINE, Calif. -- Cloudvirga(TM), a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform(R), today announced it has been named to HousingWire's 2018 TECH100 list of the most innovative technology companies in U.S. real estate, mortgage lending, mortgage servicing and investments.

Cloudvirga was recognized for its digital mortgage POS platforms, which uniquely combine a compelling consumer experience with automation that helps lenders cut their loan production costs and close loans faster.

"Tackling the mortgage cost-to-produce problem requires new ways of thinking and technology that enables new ways of doing business," said Cloudvirga Co-Founder Kyle Kamrooz. "We're incredibly proud to be at the forefront of a digital sea change in mortgage technology as one of the new names on this year's HousingWire Tech 100."

"Companies in the 2018 Tech100 represent the leading edge of solutions and services that will propel mortgage companies toward success," said HousingWire Magazine Editor Sarah Wheeler.

"These companies provide innovative solutions and are moving the housing finance industry forward as technology rapidly changes how the landscape operates," added HousingWire Online Editor Caroline Basile.

For a full list of honorees, see the April issue of HousingWire magazine or visit https://www.housingwire.com/articles/42985-the-2018-hw-tech100.

About Cloudvirga(TM):

Cloudvirga's digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform(R), uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Founded by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga's initial customer roster includes eight of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $27 million from some of the country's top lenders and venture capital firms.

For more information, visit http://www.cloudvirga.com/ or follow Cloudvirga on LinkedIn.

About HousingWire:

HousingWire is the nation's most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B-to-B Banking/Business/Finance, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International.

Learn more at http://www.housingwire.com.

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