Tag: San Diego Business

SAN DIEGO, Calif., Jan. 4, 2017 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has completed a capital raise of $7 million through a stock purchase agreement of the Bank's common stock with Castle Creek Capital, based in Rancho Santa Fe, California.

SAN DIEGO, Calif., Dec. 21, 2016 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), an industry leading hedge advisory firm and developer of MCTlive!(TM), the award-winning secondary marketing software suite, announced that its president, Curtis Richins, has been designated to HousingWire's Vanguard Award list for 2016. Now in its second year, the program recognizes executives that have made a positive impact at their companies and for the entire mortgage industry.

SAN DIEGO, Calif., Dec. 20, 2016 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, the industry's premier mortgage cooperative, today released year-end data on its 2016 growth. "Adding 50 new lender members and 20 new Preferred Partners in 2016 met the aggressive goals established by our Board, and grew our aggregate origination volume to over $150 billion," said David G. Kittle, CMB, the Collaborative's President.

SAN DIEGO, Calif., Dec. 13, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that its president and CEO, John Button, has joined the board of directors for the National Reverse Mortgage Lenders Association (NRMLA).

SAN DIEGO, Calif., Dec. 1, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that its President and CEO John Button has been selected as a 2016 Vanguard Award(TM) winner by HousingWire magazine. Button was recognized for his excellence as a business leader as well as his overall contributions to the reverse mortgage industry and U.S. housing economy.

SAN DIEGO, Calif., Nov. 21, 2016 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the appointment of David G. Kittle, CMB as its President said John M. Robbins, CMB, the corporation's Chairman.

SAN DIEGO, Calif., Nov. 17, 2016 (SEND2PRESS NEWSWIRE) -- Christina L. Selder, Principal Investigator and co-founder of CARR (Consumer Advocates for RCFE Reform) presented in the Assisted Living Issues of Quality and Translations to Nursing Homes session of the Gerontological Society of America's (GSA) 2016 Annual Scientific Meeting being held November 16 - 20 2016 in New Orleans, La.

RANCHO MIRAGE, Calif., Nov. 16, 2016 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that Luz Gonzalez has joined the Company as Branch Sales Manager of its Rancho Mirage branch. Most recently, Ms. Gonzalez served the Coachella Valley community as a Deputy Sheriff for the Riverside County Sheriff's Department, following a successful eleven-year career at El Paseo Bank.

SAN DIEGO, Calif., Nov. 14, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Utah-based Box Home Loans (Box) has selected ReverseVision Exchange (RVX) loan origination system (LOS) to support its new reverse mortgage origination business.

SAN DIEGO, Calif., Nov. 14, 2016 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), an industry leading hedge advisory firm and developer of MCTlive!(TM), the award-winning secondary marketing software suite, announced that it has added a number of new features to its best execution service offering. The enhancements outpace existing competitor offerings and position MCT to capture additional business among lenders.

SAN DIEGO, Calif., Oct. 25, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, announced it has completed an integration with ServiceLink Flood (ServiceLink) that enables users of RV Exchange (RVX) loan origination software (LOS) to order a "life of loan" flood certification from ServiceLInk without ever leaving the RVX system. ServiceLink flood products can be ordered from within RVX as of the system's 6.2 update.

SAN DIEGO, Calif., Oct. 18, 2016 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, the nation's only independent mortgage lending cooperative, recently added twelve new lenders to their national network of originating members, proclaimed The Collaborative's EVP of National Sales & Strategic Alliances, Rich Swerbinsky.

SAN DIEGO, Calif., Oct. 14, 2016 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), an industry leading hedge advisor and developer of MCTlive!(TM), the award-winning secondary marketing software suite, announced that its chief administrative officer, Chris Anderson, has been named to HousingWire's inaugural Insider Awards list. The new list is designed to honor unsung heroes who are the cornerstone of every great company, whether in lending, servicing, investing or real estate.

SAN DIEGO, Calif., Aug. 30, 2016 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a recognized leader in mortgage risk management providing pipeline hedging, best-execution loan sales, and centralized lock desk services, announced that it has been named Best Places to Work by the San Diego Business Journal (SDBJ) for the fifth straight year.

SAN DIEGO, Calif., Aug. 29, 2016 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) has been recognized as a top small business lender in San Diego County based on the volume of SBA 7(a) loans originated according to the San Diego District Office of the U.S. Small Business Administration's fiscal year-end lender rankings as of July 31, 2016.

SAN DIEGO, Calif., Aug. 26, 2016 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL) has completed the purchase of the deposits of the La Quinta branch of Opus Bank. The transaction closed on Friday, August 19, 2016. Customers of the Opus Bank La Quinta branch were consolidated into the existing La Quinta branch of Bank of Southern California. As of Monday, August 22, 2016, the former Opus Bank La Quinta customers now have access to all Bank of Southern California locations, including three Coachella Valley branches located in La Quinta, El Paseo-Palm Desert, and Rancho Mirage.

CARLSBAD, Calif., Aug. 24, 2016 (SEND2PRESS NEWSWIRE) -- A grand opening event on August 10 hosted by the Carlsbad Chamber of Commerce celebrated a new addition to the Carlsbad arts community - Arrakis Arts; a unique art gallery and lifestyle space that features objects and events to promote self-awareness and enhance personal intuition while stimulating the mind and soul.

SAN DIEGO, Calif., Aug. 23, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, announced it has completed its integration with Informative Research, one of the nation's oldest and largest credit reporting agencies. The integration makes it faster and easier for users of RV Exchange (RVX) loan origination software (LOS) to order Premier Credit Report, Informative Research's version of the tri-merge credit report that has become the mortgage industry standard.

SAN DIEGO, Calif., Aug. 11, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, is pleased to announce that Tustin, California-based national mortgage lender New American Funding is expanding its reverse mortgage lending operation to 47 states using the RV Exchange (RVX) loan origination software (LOS).

SAN DIEGO, Calif., Aug. 9, 2016 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the formal approval of twelve new preferred partner companies to their national network, announced the Collaborative's EVP of National Sales & Strategic Alliances, Rich Swerbinsky.