Business, Free News Articles

Melyn Acasio Joins Bank of Southern California, N.A.

SAN DIEGO, Calif. -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that Melyn Acasio has joined the Bank as Vice President, Client Relationship Manager at the Del Mar Corporate office. She will primarily focus on building new client relationships for the bank.

Ms. Acasio brings with her over thirty years of experience in the financial industry, developing highly profitable banking relationships in San Diego. Most recently, Melyn held a similar role at Seacoast Commerce Bank in San Diego.

"We are excited to welcome Melyn to our growing team of bankers. Her expertise in building meaningful relationships with clients and her vast experience in the banking industry strengthens our mission of delivering banking solutions to clients with a high-level customer service and relationship banking approach," commented Tony DiVita, Executive Vice President and Chief Banking Officer. "The expansion of our San Diego team shows our continued commitment to serving the individuals, businesses, and professionals in our community," concluded DiVita.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professional, and small-to-medium sized businesses.

The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

REF: OTC Pink: BCAL / OTCMKTS:BCAL / PINK:BCAL / OTC:BCAL

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Awards and Honors, Business, Free News Articles

HousingWire Names Mortgage Capital Trading a 2017 HW TECH100™ Technology Provider for the First Time

SAN DIEGO, Calif. -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that it was designated a top 100 mortgage technology firm by HousingWire for the first time ever. The annual HW TECH100(TM) is designed to recognize the most innovative technology companies in the U.S. housing economy.

"The companies that make up the 2017 HW TECH100(TM) are the cream of the crop of the entire housing industry, from real estate to mortgage lending, servicing, and investment," said HousingWire Senior Financial Reporter Ben Lane. "These companies aren't just taking part in the housing industry's technological revolution; they're leading it."

MCT has traditionally been known as a leading pipeline hedging advisory firm but over the years it has successfully transitioned into a company that offers both extensive risk management advisory services and leading secondary marketing technology. In 2014, MCT officially launched MCTlive!, an award-winning web-based secondary marketing platform that was built by secondary marketing people for secondary marketing people. MCTlive! has been instrumental in the company experiencing unprecedented growth over the last few years.

More than 100 lenders have gravitated toward leveraging MCTlive!, accelerating the company's strategic transition into a technology-driven secondary marketing advisory firm. Entire secondary marketing departments have since come to rely on MCTlive! to efficiently manage their capital markets functions.

"We're elated to be recognized by HousingWire as a top 100 mortgage technology firm," said Curtis Richins, president of MCT. "We have developed a very unique business model that couples our extensive range of advisory services with robust capital markets technology. This combination has positioned us to continue capturing market share and to engage larger and larger lenders."

HousingWire states that the mortgage industry is leveraging technology like never before, streamlining processes across the spectrum of lending, servicing, investing and real estate. The combination of regulatory pressure and consumer expectations have set a high standard for efficiency and transparency, requiring a significant investment of time, money and talent to hit the right notes for both.

"The companies in the 2017 HW TECH100 cover the entire mortgage finance spectrum. There's hardly a corner of our industry that hasn't been transformed in some way, either by fintech startups focusing on a specific software need or legacy companies evolving to compete in the new environment," said HousingWire Magazine Editor Sarah Wheeler. "Now more than ever, these companies are delivering the innovation this industry needs to do its most important job: supporting the American Dream."

About MCT:

Mortgage Capital Trading, Inc. (MCT) is a capital markets-focused risk management and advisory services company providing capital markets services and software to clients engaged in the secondary mortgage market. Founded in San Diego, California in May 2001, the company has expanded to include field sales and support offices in Philadelphia, Dallas, Santa Rosa, and Charlotte. MCT is a recognized leader in the industry and currently supports more than 150 clients on the HALO (Hedging And Loan sales Optimization) Program. The company also develops and supports MCTlive!(TM), an award-winning real-time, trading and best-execution secondary marketing platform. MCT's LockCentral(TM) is the industry's largest outsourced centralized lock desk service. In addition, MCT offers a suite of tools and supporting guidance for MSR needs. For more information, visit www.mct-trading.com or call (619) 543-5111.

About HousingWire:

HousingWire is the nation's most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments, and real estate operations. The company's news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, 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 www.housingwire.com.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

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Business, Free News Articles

Bank of England Mortgage Helps Customers Get More Out of Retirement with Home Equity Conversion Mortgages (HECM) and ReverseVision Technology

SAN DIEGO, Calif. -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Bank of England (BOE) Mortgage, a nationwide mortgage lender based in England, Arkansas, has selected RV Exchange (RVX) loan origination software (LOS) to support its growing Home Equity Conversion Mortgage (HECM) division.

Branch Manager Chad Cavanaugh, who oversees the lender's HECM division from its Farmington Hills, Michigan location, said that implementing RVX will support BOE Mortgage as it grows the HECM division and expands availability of a home-equity product that is a boon for retirees. BOE Mortgage has been in business for 118 years and provides customers access to hundreds of mortgage products, including HECMs.

"A HECM loan can be a great solution for anyone over 62 who's on a fixed income, and more people are recognizing its value every day," Cavanaugh said. "With HECM, we can give our customers a way to keep their home and still enjoy the equity they've put into it. It's a great way to deepen our relationship with customers as they move into retirement."

Cavanaugh said the bank chose to work with ReverseVision because of its reputation as the industry standard and its smooth integration with other systems.

"RVX integrates easily with our other software, so salespeople and loan officers can all easily work together on the same file," said Cavanaugh. "Information only has to be entered once, and then RVX populates all relevant programs and documents. This makes our process more efficient and helps position us for some significant growth in the HECM arena."

RVX is ReverseVision's flagship product and serves clients as a centralized exchange that connects all participants in the lifecycle of a reverse mortgage - a model that is unique in the mortgage industry. By logging in to a single system, participants can work together on each part of the loan process, from point of sale, processing, underwriting, funding and post-closing to secondary marketing. In addition to a more efficient process, Bank of England will benefit from reduced document errors, heightened information security and shorter fulfillment timelines.

"We're delighted to partner with Bank of England in helping customers achieve a more well-rounded retirement portfolio through this home-equity product," said ReverseVision Vice President of Sales and Marketing Wendy Peel. "People 62 and older hold over $6 trillion in home equity in the U.S., making HECM origination not only an excellent business decision but also a smart customer relationship move to serve the bank's most valuable customers: baby boomers."

About Bank of England Mortgage:

With locations in 39 states and licensed to lend in all 50, Bank of England Mortgage has been meeting the needs of homebuyers since 1898. It operates as a division of Bank of England, a locally owned bank headquartered in England, Arkansas, that prides itself on providing clients the expertise and services traditionally offered by the largest financial institutions in the country - but with the integrity of a community bank. BOE Mortgage focuses on helping clients find home loan and refinancing options that fit their needs and lifestyle. More than 1,000 employees in 93 locations offer the most comprehensive selection of mortgage and refinance options on the market.

About ReverseVision:

ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on the home-equity conversion mortgage (HECM) and related reverse mortgage programs. With nearly 10,000 active users, ReverseVision technology supports more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite also includes reverse mortgage sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its reverse mortgage technology to brokers, correspondents, lenders and investors.

A 2017 HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. ReverseVision's annual user conference, the only event of its kind in the industry, brings together more than 200 lenders, vendors and educators each year to advance reverse mortgage lending. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' reverse mortgage volume, workflow efficiency and data analysis capabilities.

For more information, visit http://www.reversevision.com/.

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles

The Mortgage Collaborative Marks Major Milestone Adding 100th Lender Member

SAN DIEGO, Calif. -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, announced today that the 100th lender member joined the organization, a milestone reached following their recent Winter Lender Member Conference in Scottsdale, Ariz.

This continues the steady growth that The Collaborative has achieved adding thirty lender members in the last four months.

"Reaching the 100 lender member milestone is a seminal moment for our network," said Rich Swerbinsky, EVP of National Sales & Strategic Alliances. "The addition of these companies increases the aggregate origination volume of The Mortgage Collaborative's lender members to over $150 billion."

"The Mortgage Collaborative also unveiled 'The Collaboration Lab' at their Winter Conference in Scottsdale. It's an intimate relationship building initiative that focuses on benchmarking and problem solving, receiving rave reviews from our record number of attendees." said David G. Kittle, TMC's Vice Chairman and President. "The value proposition delivered by Rich and our team is clearly being recognized by our preferred partners and lender members."

"I could not be more proud of the success of the Winter Lender Member Conference and our sustained growth," Kittle said.

The cooperative network also released details about recently announced dates and locations for their next two Lender Member Conferences, which will be held from August 20-23, 2017 in Nashville, Tenn. and February 11-14, 2018 in San Diego, Calif. The conferences provide The Collaborative's lender members have a unique opportunity to interact with top industry leaders and to attend and participate in a number of powerful compelling educational and peer-to-peer networking sessions. Details on their recent and upcoming conferences can be found at http://www.mortgagecollaborative.com/.

About The Mortgage Collaborative:

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 to empower mortgage lenders across the country with better financial execution, reduced costs, enhanced expertise, improved compliance, and to help its members access the dynamic and changing consumer base in America. The association is managed by its founding members: John Robbins, CMB; David Kittle, CMB; Gary Acosta, CEO of the National Association of Hispanic Real Estate Professionals (NAHREP); and Jim Park, former chair of the Asian Real Estate Association of America (AREAA). Robbins and Kittle are former chairmen of the Mortgage Bankers Association of America (MBA).

For more information, visit: http://www.mortgagecollaborative.com/.

* PHOTO for media: Send2Press.com/mediaboom/16-1121s2p-David-Kittle-300dpi.jpg
* Photo Caption: David G. Kittle, TMC Vice Chairman and President

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Business, Free News Articles

ReverseVision’s Second Annual User Conference Draws Newcomers to Reverse Mortgage Industry

SAN DIEGO, Calif. -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, drew a record crowd of reverse mortgage lenders, brokers and industry newcomers to its second annual user conference February 8-10 at the Hilton San Diego Mission Bay Resort and Spa.

More than 90 companies attended the sold-out event, including many "new to the industry" participants who are exploring the possibility of adding the Home Equity Conversion Mortgage (HECM) and related products to their businesses. ReverseVision's opening "HECM Facts Track" session, developed especially for new reverse mortgage originators, kicked off an agenda geared toward bringing traditional mortgage bankers into the reverse mortgage industry. Based on pre-registration figures, ReverseVision projected as many as 50 individuals would attend the session; in reality, attendance nearly doubled those expectations.

Other conference sessions covered a diverse array of topics designed to accelerate attendees' reverse lending efforts in 2017, including compliance, data trends and technology training. Guest speakers from the nation's top reverse mortgage lenders revealed best practices for marketing, networking and wholesale operations, while special session speaker Rob Chrisman and panelists from Fidelity Bank, Banner Bank and Yadkin Bank shared perspectives from traditional bank lending.

"As one of the nation's top 10 reverse lenders, HighTechLending participates in many conventions. ReverseVision's user conference is our favorite because of the great content and great attendance not just by owners, but by producers," said Don Currie, president of HighTechLending. "Our first panel drew an audience of close to 100 lenders, all new to the industry. The next week we followed up by hosting a 'Rock the Reverse World' webinar that over 60 attended. We'll definitely be back next year."

"We are optimistic that so many new mortgage bankers attended to learn more about the HECM product and its essential place as a product or line of business in any mortgage banker's strategy," said Wendy Peel, vice president of sales and marketing for ReverseVision.

Peel elaborated, "Shifting interest rates are encouraging mortgage bankers to find a replacement for their dwindling refi businesses. Considering the more than six trillion dollars in home equity currently held by baby boomers, this lending product cannot be ignored as a viable product line serving a growing population."

ReverseVision has already begun planning its next user conference, which will return to San Diego in February 2018.

"Ninety-five percent of this year's attendees said they are more than likely to return in 2018," said Kelly Kelleher, ReverseVision's director of corporate marketing and events, "so we highly recommend registering early."

Attendees and ReverseVision customers are encouraged to view handouts from this year's conference by visiting http://www.reversevision.com/handouts.

About ReverseVision:

ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on the home-equity conversion mortgage (HECM) and related reverse mortgage programs. With nearly 10,000 active users, ReverseVision technology supports more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite also includes reverse mortgage sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its reverse mortgage technology to brokers, correspondents, lenders and investors.

A 2017 HousingWire TECH100(TM) company, ReverseVision has also been recognized in Deloitte's Technology Fast 500(TM) listing. ReverseVision's annual user conference, the only event of its kind in the industry, brings together more than 200 lenders, vendors and educators each year to advance reverse mortgage lending. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' reverse mortgage volume, workflow efficiency and data analysis capabilities.

For more information, visit http://www.reversevision.com/.

This news story was published by the Neotrope® News Network - all rights reserved.

Free News Articles, Long Term Care, NonProfit and Charities

CARR Announces First Corporate Sponsor

SAN DIEGO, Calif. -- Consumer Advocates for RCFE Reform (CARR) is pleased to announce Grace Care Management as CARR's first corporate sponsor. President and CEO Cindy Hasz stated, "Grace Care Management is pleased to support CARR's consumer advocacy work; it long overdue, and much needed by the growing numbers of seniors who are receiving assisted living placements in California."

On behalf of CARR's Board of Directors, Executive Director, Chris Murphy accepted the corporate donation, "CARR is extremely grateful for the financial support of Grace Care Management. It is a name synonymous with quality geriatric care management services for nearly 20 years in San Diego County. Their sponsorship of CARR is synergistic with the advocacy missions of both organizations, and will enable CARR to actively engage California's legislators on reform issues of concern to consumers of assisted living placement."

About Grace Eldercare Inc.:

Grace Care Management was founded in 2001, and offers a range of professional care and consulting services for families having aging adults. Grace Care Management has an established record of providing families with health professionals focused on creating an environment of care, protecting, surrounding and spiritually nourishing those with chronic illness, aging, or extended recovery.

Their sponsorship of CARR continues the corporation's history of philanthropic giving.

About Consumer Advocates for RCFE Reform:

Consumer Advocates for RCFE Reform (CARR) is a San Diego-based consumer advocacy 501(c)(3) not-for-profit organization dedicated to improving resident care in California's assisted living facilities through customer education, and increasing industry accountability. Since 2009 CARR has supplied San Diego seniors, families, professionals, government agencies and officials with evidence-based information and analysis on aging trends in long term care, research on local assisted living facilities and resources on advocating for resident rights and obtaining accountability.

CARR is a 2014 recipient of the First Amendment Coalition's Free Speech and Open Government Award, sponsor of AB 1523 (Atkins legislation (Statutes of 2014, Chapter 205), and San Diego County's contractor for the Choose Well program (HHSA/AIS).

For more information visit http://www.rcfereform.org/.

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Awards and Honors, Business, Free News Articles

ReverseVision Named to HousingWire’s HW TECH100 for Second Time

SAN DIEGO, Calif. -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced it has been named to HousingWire's HW TECH100(TM) list of the housing economy's most innovative technology companies for a second time. Previously recognized in 2015, ReverseVision is the only reverse mortgage loan origination software (LOS) provider to be selected for the prestigious award.

HousingWire introduced its TECH100 program in 2014 to recognize the increasingly influential role of technology companies serving the mortgage space. Chosen by HousingWire's editorial staff, winners of the award must demontrate market influence across six discrete dimensions. Every year has seen an increase not only in the number of companies who apply for the award, but also the breadth of their innovation.

ReverseVision was recognized for its flagship RV Exchange (RVX) LOS, the only reverse mortgage software that connects users across the entire industry. From loan origination to ordering services and from documents to closing, the end-to-end loan process can be done without ever stepping outside the software.

"HousingWire's Tech100 program is widely recognized as a 'who's who' of mortgage technology innovators, and we are honored to make the list for a second time," said John Button, president and CEO of ReverseVision. "ReverseVision is proud to support our lenders and brokers as the industry's source of reverse mortgage innovation in technology, education and thought leadership."

"The companies that make up the 2017 HW TECH100(TM) are the cream of the crop of the entire housing industry, from real estate to mortgage lending, servicing and investment," said HousingWire Senior Financial Reporter Ben Lane. "These companies aren't just taking part in the housing industry's technological revolution; they're leading it."

For a full list of honorees, visit http://tech100.housingwire.com/.

About ReverseVision:

ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on the home-equity conversion mortgage (HECM) and related reverse mortgage programs. With nearly 10,000 active users, ReverseVision technology supports more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite also includes reverse mortgage sales and education tools and a dedicated professional services team. ReverseVision partners with some of the finest and fastest-growing banks, credit unions and lending organizations in the United States to provide its reverse mortgage technology to brokers, correspondents, lenders and investors.

A driving innovator in the reverse mortgage industry, ReverseVision's growth, leadership and innovation have been recognized in Deloitte's Technology Fast 500(TM) listing and by such publications as HousingWire, Mortgage Banking and Mortgage Professional America. ReverseVision's annual user conference, the only event of its kind in the industry, brings together more than 200 lenders, vendors and educators each year to advance reverse mortgage lending. The company continues to build on its technology's pioneering capabilities with frequent enhancements aimed at boosting users' reverse mortgage volume, workflow efficiency and data analysis capabilities.

For more information, visit http://www.reversevision.com.

About HousingWire:

HousingWire is the nation's most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company's news, commentary, magazine content, industry directories and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/ Finance category, 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.

This news story was published by the Neotrope® News Network - all rights reserved.

Free News Articles, Long Term Care, NonProfit and Charities

CARR Awarded Grant for Age-Friendly Community Project

SAN DIEGO, Calif. -- Consumer Advocates for RCFE Reform (CARR) announced today that it is the recipient of a $30,000 grant funded by the Del Mar Healthcare Fund, through the Age Friendly Communities Program at the San Diego Foundation.

The grant will move San Diego towards becoming an Age Friendly/Livable Community for All Ages, a designation of the World Health Organization and AARP. In collaboration with Civic Knowledge, a San Diego-based, California benefit corporation, CARR will identify capacity and affordability of assisted living in San Diego County.

Through this research and analysis, the project's findings will allow families, service providers, local and regional governments to understand the gaps and policy issues posing barriers to achieving an age-friendly region for seniors and disabled adults. This seminal work for the region's every growing number of 65+ residents is imperative as community collaborations strive to create affordable housing and care solutions.

About CARR:
Consumer Advocates for RCFE Reform (CARR) is a San Diego-based consumer advocacy not-for-profit organization dedicated to improving resident care in California's assisted living facilities through customer education, and increasing industry accountability.

Since 2009 CARR has supplied San Diego seniors, families, professionals, government agencies and officials with evidence-based information and analysis on aging trends in long term care, research on local assisted living facilities and resources on advocating for resident rights and obtaining accountability.

CARR is a 2014 recipient of the First Amendment Coalition's Free Speech and Open Government Award, sponsor of AB 1523 (Atkins legislation (Statutes of 2014, Chapter 205), and San Diego County's contractor for the Choose Well program (HHSA/AIS).

For more information, visit http://www.rcfereform.org/.

*PHOTO for media: Send2Press.com/mediaboom/17-0227s2p-selder-and-murphy-300dpi.jpg

*Photo Caption: CARR Co-Founders C Selder and C Murphy.

*LOGO for media: Send2Press.com/mediaboom/s2p-carrr-rcfe-reform-300dpi.jpg

MEDIA CONTACT:
C Murphy
619-795-2165
cmm@rcfereform.org

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Awards and Honors, Business, Free News Articles, Software

ReverseVision’s Jeff Birdsell Named to MPA Hot 100 for Advancing Reverse Mortgage Industry

SAN DIEGO, Calif. -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Vice President of Professional Services Jeff Birdsell, CMB, has been selected as one of Mortgage Professional America (MPA) magazine's 2017 Hot 100. Birdsell was recognized for his significant contributions to the reverse mortgage industry over a career that has spanned 25 years.

"I'm humbled and gratified to be counted among the accomplished mortgage professionals of the MPA Hot 100," Birdsell said. "The breadth and depth of talent on this list contributes to my strong optimism about our industry's future."

Birdsell has been introducing technology "firsts" to the reverse mortgage industry since the mid '90s as a prime contributor to some of the reverse mortgage industry's most prolific software solutions, including ReverseVision's RV Exchange (RVX) reverse mortgage loan origination software (LOS). More reverse loans are originated monthly using RVX than all other systems combined. Birdsell is also a a respected industry speaker and educator and was a founding member of the National Reverse Mortgage Lenders Assocation (NRMLA).

"Jeff has made enormous contributions not just to ReverseVision, but to the wider reverse mortgage industry," said ReverseVision President and CEO John Button. "His influence as an educator, innovator and ally to the industry cannot be overstated. We're so pleased to see him recognized for his talent and achievements."

MPA delivers news, opinion and analysis to mortgage, real estate and finance industry professionals through its bi-monthly magazine and daily email newsletter. Its Hot 100 list is published annually and drawn from nominees submitted by the mortgage community.

About ReverseVision:

Recognized as a Deloitte's 2015 Technology Fast 500(TM) Company, ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively on reverse mortgages. More reverse mortgages are originated monthly using ReverseVision technology than all other reverse mortgage LOS combined. ReverseVision has partnered with some of the finest and fastest-growing lending organizations in the U.S. to provide the leading reverse mortgage technology to brokers, correspondents, lenders and investors.

ReverseVision is recognized as a driving innovator in the reverse mortgage industry. ReverseVision continues to improve its software with frequent new innovations and by building on pioneering capabilities in reverse mortgage interactive graphs, scenario analysis, multi-environment performance analysis and workflow in the origination process.

For more information, visit http://www.reversevision.com/.

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Business, Free News Articles

Bank of Southern California NA Announces Promotion of Tony DiVita to Chief Banking Officer

SAN DIEGO, Calif. -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that Tony DiVita has been promoted to the role of Executive Vice President, Chief Banking Officer. In his expanded role, he will continue to oversee new business origination and customer retention efforts, the Small Business Administration (SBA) Group, and bank marketing.

In addition, he is now responsible for the coordination and management of the entire loan process from sourcing to funding.

"Tony's leadership style and goal-oriented approach have had a tremendous impact on the success of our bank. This promotion acknowledges his many contributions," said President and CEO, Nathan Rogge. "He has consistently delivered results in a way that balances the needs of our customers, employees, and the bank," concluded Rogge.

DiVita joined Bank of Southern California in 2011 as Senior Vice President and Director of Sales and Marketing, and was promoted to Executive Vice President in 2015. He is a seasoned native San Diego banker with over 30 years of local banking experience.

About Bank of Southern California:

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, Calif., is locally owned and managed, and offers a range of financial products to individuals, professionals, and small-to-mid sized businesses.

The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates seven branches in San Diego and the Coachella Valley in Riverside County.

For more information, please visit https://www.banksocal.com/ or call (858) 847-4780.

*PHOTO for Media: Send2Press.com/mediaboom/17-0203s2p-Tony-DiVita-300dpi.jpg

OTC:BCAL / BCAL.PK

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