San Diego Business
Bank of Southern California, N.A. Announces Third Quarter 2019 Results
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the third quarter ended September 30, 2019. Total assets grew to $839 million at September 30, 2019, a 14% increase compared to the third quarter of 2018….
MCT Launches InvestorMatic™ Program to Elevate the Whole Loan Trading Experience Between Lenders and Investors
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has officially introduced a unique program called InvestorMatic in the lead up to the MBA Annual Convention & Expo in Austin, Texas….
ReverseVision Unveils New Tech Strategy with Major Platform Updates and Brand Transformation at 2019 MBA Annual Conference
SAN DIEGO, Calif. — ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced its transformation as an API-enabled flexible reverse lending platform, unveiling a new logo as part of its revised mission and rebranding….
Bank of Southern California, NA and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Agreement to Merge
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced the signing of a definitive agreement and plan of merger (the “Agreement”) whereby CalWest Bank will merge with and into Bank of Southern California. The merger is subject to customary closing conditions, including the receipt of all regulatory approvals and the approval of the shareholders of CALW and BCAL….
Legacy Global Development Announces High Demand for Bungalows at Orchid Bay, Belize with New Homes Under Construction Featuring Brand New 2-Bedroom XL Floor Plan
SAN DIEGO, Calif. — Legacy Global Development today announced that its Bungalows at Orchid Bay, Belize are selling out fast. There are currently only four Bungalows still available, two of which have waterfront locations. As the Bungalows have become highly desirable to homebuyers, prices have gone up for the second time this year on the waterfront locations, and new bungalows are currently under construction to satisfy its popular demand….
Keep Our Seniors Safe Act Signed by Governor Newsom
SAN DIEGO, Calif. — Consumer Advocates for RCFE Reform (CARR) announces that California Governor Newsom signed the Keep Our Seniors Safe Act, a part of SB 172 (Portantino) which was signed into law on 12 October, 2019….
STRATMOR Group’s 2019 Technology Insight Study Again Scores MCT Highest for Overall Satisfaction, Lender Loyalty, and Lender Share
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that the study results from STRATMOR Group’s 2019 Technology Insight Study show MCT as the industry leader in lender share, overall satisfaction, and Lender Loyalty Score(r) in the Production Pipeline Hedging category….
Bank of Southern California NA Names Jacob Mathews Managing Director of Business Banking
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Jacob Mathews has joined the company as Managing Director of Business Banking. He will be responsible for expanding Bank of Southern California’s client base by actively seeking new business opportunities in Los Angeles County and Orange County….
Legacy Global Development in Talks with Major Hotel Brands to Operate Resort at Its Orchid Bay, Belize Property
SAN DIEGO, Calif. — Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, today announced that they are talking with major hotel brands to be Orchid Bay’s new hotel operator….
MCT’s COO Phil Rasori Honored with HousingWire Tech Trendsetters Award
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its COO, Phil Rasori, has been designated to HousingWire’s inaugural Tech Trendsetters award list. Phil is credited with being instrumental in the architecture and launch of multiple innovative capital markets solutions….