Tag: San Diego Business

SAN DIEGO, Calif., Aug. 14, 2020 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory firm, analyzed the potential effect of Wednesday's fifty basis points worsening in prices paid by Fannie Mae and Freddie Mac for most mortgage refinances.

SAN DIEGO, Calif., Aug. 5, 2020 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it appointed two mortgage industry veterans in early 2020 which strengthen its support to the capital markets community during the worldwide pandemic and associated financial turbulence.

SAN DIEGO, Calif., June 24, 2020 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced that company President Joe Langner has been honored as a mortgage technology Thought Leader by PROGRESS in Lending Association.

SAN DIEGO, Calif., June 18, 2020 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading technology provider for the Home Equity Conversion Mortgage (HECM) and private reverse lending program market, today announced the appointment of Carissa Orozco as director of business development, strategic partners.

SAN DIEGO, Calif., June 12, 2020 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Vice President of Sales and Marketing Wendy Peel has been named a NEXT Mortgage Events (NEXT) 50 Over 50 honoree.

SAN DIEGO, Calif., May 29, 2020 (SEND2PRESS NEWSWIRE) -- A local San Diego company, The PPE Supply Co., plays a significant role in getting hospitals and government agencies the PPE they need. Located in San Marcos, California the company began in an attempt to help during the coronavirus crisis.

SAN DIEGO, Calif., May 21, 2020 (SEND2PRESS NEWSWIRE) -- Magnifi Group, Inc. and Bespa Global, LLC, co-organizers of the program, announced today that despite the change of date for its 3rd Annual Lower Extremity IEP Fellows, Residents and Young Surgeons Course it is still experiencing record early registration. The course, originally scheduled for May 1-3 will take place from Nov. 6-8, 2020 at The Omni Downtown, Austin, Texas.

SAN DIEGO, Calif., May 12, 2020 (SEND2PRESS NEWSWIRE) -- Magnifi Group, Inc., announced today it is experiencing record early registration for its 10th Annual Spine IEP Fellows & Young Surgeons' Course (Spine Interactive Educational Program). The course will be conducted November 20-22 at The Fairmont Hotel, Austin, Texas.

SAN DIEGO, Calif., May 11, 2020 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today that it has funded more than $487.8 million in Paycheck Protection Program (PPP) loans. These results, as of 9:30 p.m. PDT on May 7, 2020, provided 1,940 local businesses affected by the Coronavirus (COVID-19) with critical financing to retain or restore jobs for 51,523 individuals.

SAN DIEGO, Calif., May 5, 2020 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the first quarter ended March 31, 2020. Total assets increased to $852 million at March 31, 2020, up from $830 million in the prior quarter and an increase of 10.8% compared to March 31, 2019.

SAN DIEGO, Calif., May 4, 2020 (SEND2PRESS NEWSWIRE) -- ComForCare Home Care North County San Diego, a leading provider of in-home care services, has partnered with OverSightMD Inc., the leader in employee & patient population oversight, to deliver daily employee and patient wellness screenings that can help to detect symptoms of COVID-19 and other communicable disease infections.

SAN DIEGO and RANCHO SANTA MARGARITA, Calif., April 29, 2020 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced that they have renegotiated the terms of their merger and have agreed to amend the initial Definitive Agreement announced on October 21, 2019 following shareholder meetings held on April 22, 2020.

SAN DIEGO, Calif., April 14, 2020 (SEND2PRESS NEWSWIRE) -- The Financial Times announced the inaugural listing of the fastest-growing privately-held companies in the Americas, and lead generation company CIENCE Technologies placed No. 31 out of 500 companies measured.

SAN DIEGO, Calif., April 14, 2020 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Nationwide Equities Corporation (Nationwide Equities) has leveraged ReverseVision's private product support to launch its own private reverse mortgage program, EquityPower.

SAN DIEGO, Calif., April 13, 2020 (SEND2PRESS NEWSWIRE) -- Magnifi Group, Inc., a global leader in dynamic online training solutions through its FDA-Compliant Learn-WiseGo eLearning Platform, has released its COVID-19 course at no cost to its global client base and is available for public purchase.

SAN DIEGO, Calif., March 11, 2020 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced the appointment of Joe Langner as president. Langner will lead the company to achieve its strategic vision of establishing HECM and private reverse mortgages as lending portfolio staples alongside traditional and government loans.

SAN DIEGO, Calif., March 6, 2020 (SEND2PRESS NEWSWIRE) -- Bay Area Lyme Foundation, a leading sponsor of Lyme disease research in the U.S., announces the opening of the San Diego collection site of the Bay Area Lyme Foundation's Lyme Disease Biobank, which is the first program to provide researchers with blood and urine samples from people with early Lyme disease from multiple endemic regions across the country.

SAN DIEGO, Calif., March 3, 2020 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has been named a HousingWire (HW) Tech100 Mortgage company for a sixth year.

SAN DIEGO, Calif., Feb. 18, 2020 (SEND2PRESS NEWSWIRE) -- This month our Director of Sales, Teri Ramirez, celebrates two major milestones in her career. Not only has she been a valued member of the Leo Hamel Fine Jewelers family for 26 years, but she has also reached the $50 million mark in sales!

SAN DIEGO, Calif., Feb. 3, 2020 (SEND2PRESS NEWSWIRE) -- Move For Hunger announced today that registration is open for its first-ever San Diego Truck Pull fundraiser. The event, in which teams of 5-10 will compete to see who can pull an eight ton truck 100 feet in the fastest time, will be held at AleSmith Brewing Company, San Diego, on Saturday, Feb. 29.

SAN DIEGO, Calif., Jan. 29, 2020 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the fourth quarter ended December 31, 2019. Total assets ended the year at $830 million at December 31, 2019, an increase of 8.1% compared to December 2018. Total loans increased 6.6% to $677 million and total deposits increased 7.0% to $672 million compared to the prior year as well.

SAN DIEGO, Calif., Jan. 15, 2020 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced their recently released Loan Import API has been leveraged by OptifiNow for mutual lender client Open Mortgage.

SAN DIEGO, Calif., Jan. 9, 2020 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative (TMC), the mortgage industry's only independent cooperative, is pleased to announce it has signed an agreement with Mortgage Guaranty Insurance Company (MGIC) to be the newest addition to join its Preferred Partner Network.

SAN DIEGO, Calif., Dec. 16, 2019 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS: BCAL), a community business bank headquartered in San Diego, announced today the successful completion of a capital raise of approximately $12 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price of $12 per share. The Bank also announced its plans to reorganize into a holding company, Southern California Bancorp.

SAN DIEGO, Calif., Dec. 4, 2019 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative (TMC), the mortgage industry's only independent cooperative, today announced that Black Knight, Inc. (NYSE:BKI), a leading provider of mortgage software, data and analytics solutions, has been added to its Preferred Partner network.

SAN DIEGO, Calif., Nov. 22, 2019 (SEND2PRESS NEWSWIRE) -- SciScore announces the release of its innovative solution, the first and only working application of its kind, in support of the pre-clinical scientific research community's pursuit of reproducibility and transparency.

SAN DIEGO, Calif., Nov. 21, 2019 (SEND2PRESS NEWSWIRE) -- As of November 14, 2019, the Government of Belize has officially commenced the construction of the Corozal-Sarteneja Road. The project, funded by the Government of Taiwan with a loan of $50 million, aims to ease travel between the two locations with a 27-mile road, including the Pablo Nuevo and Laguna Seca bridges.

SAN DIEGO, Calif., Nov. 6, 2019 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Troy Perry has joined the company as Managing Director of Business Banking. He will be responsible for broadening Bank of Southern California's market presence by actively seeking new business opportunities throughout Los Angeles' Westside.

SAN DIEGO, Calif., Nov. 6, 2019 (SEND2PRESS NEWSWIRE) -- Magnifi Group, Inc., a developer of e-learning technology for the medical device industry, will have a record turnout of medical device and biotech companies at its 9th Annual Spine IEP Fellows & Young Surgeons' Course (Spine Interactive Educational Program).

SAN DIEGO, Calif., Oct. 25, 2019 (SEND2PRESS NEWSWIRE) -- 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.

SAN DIEGO, Calif., Oct. 23, 2019 (SEND2PRESS NEWSWIRE) -- 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.

SAN DIEGO, Calif., Oct. 22, 2019 (SEND2PRESS NEWSWIRE) -- 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.

SAN DIEGO and RANCHO SANTA MARGARITA, Calif., Oct. 21, 2019 (SEND2PRESS NEWSWIRE) -- 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.

SAN DIEGO, Calif., Oct. 18, 2019 (SEND2PRESS NEWSWIRE) -- 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.

SAN DIEGO, Calif., Oct. 18, 2019 (SEND2PRESS NEWSWIRE) -- 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.

SAN DIEGO, Calif., Oct. 18, 2019 (SEND2PRESS NEWSWIRE) -- 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.

SAN DIEGO, Calif., Oct. 16, 2019 (SEND2PRESS NEWSWIRE) -- 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.

SAN DIEGO, Calif., Oct. 10, 2019 (SEND2PRESS NEWSWIRE) -- 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.

SAN DIEGO, Calif., Oct. 9, 2019 (SEND2PRESS NEWSWIRE) -- 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.

SAN DIEGO, Calif., Sept. 18, 2019 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, debuted a new MCTlive! mobile application at its MCT Exchange client conference last Friday. The app enables secondary marketing managers to review reporting, manage loan pipelines, and conduct whole loan trading from the convenience of their mobile phone.

SAN DIEGO, Calif., Sept. 17, 2019 (SEND2PRESS NEWSWIRE) -- The Belize Tourism Board recently released its first half of 2019 tourism figures which showed a 6 percent increase in overnight visitors over 2018, says Legacy Global Development. Additionally, the Government of Belize announced that construction would begin next month on the $50 million Corozal-Sarteneja Road Project.

SAN DIEGO, Calif., Sept. 12, 2019 (SEND2PRESS NEWSWIRE) -- The Belize Tourism Board recently released its January - June 2019 Tourism Statistics which show remarkable growth. Legacy Global Development, the developer of the luxurious Orchid Bay community, offers insight on why Belize continues to rise and how it's related to the country's current real estate boom. Read about it in Legacy's latest blog post titled, "Belize Tourism in 2019: The Numbers Are in For the First Half of the Year."

SAN DIEGO, Calif., Sept. 11, 2019 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Mid America Mortgage, Inc. (Mid America) has selected its flagship reverse loan origination system (LOS), ReverseVision Exchange (RVX) to support the introduction of HECM and private reverse mortgage products.

SAN DIEGO, Calif., Sept. 5, 2019 (SEND2PRESS NEWSWIRE) -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, explores the concept and benefits of blue mind, in its latest blog post titled, "Experiencing Blue Mind in Belize."

SAN DIEGO, Calif., Sept. 4, 2019 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, announced that Jeff Birdsell, vice president of professional services has been named a recipient of the 2019 HousingWire (HW) Insiders Award. Now in its fourth year, the Insiders Award program recognizes "operational all-stars" within the housing industry who have been vital to their employer's success.

AVON, Conn. and SAN DIEGO, Calif., Aug. 26, 2019 (SEND2PRESS NEWSWIRE) -- Paragon Insurance Holdings LLC ("Paragon"), a national multi-line specialty MGA (Managing General Agency) based in Avon, Conn., today announced the addition of a new nationwide Workers' Compensation Insurance Program.

SAN DIEGO, Calif., Aug. 22, 2019 (SEND2PRESS NEWSWIRE) -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, shares its insider knowledge on why investing in a beachfront condo is a smart investment, in a blog post titled, "Top 4 Reasons to Invest in a Beachfront Condo."

SAN DIEGO, Calif., Aug. 22, 2019 (SEND2PRESS NEWSWIRE) -- Dr. Lauren Goodall, Psychologist, is kicking off her book tour in San Diego, Calif. She is very pleased to announce coordinating with the International Bipolar Foundation, for an upcoming seminar on her newly released book, "Bipolar is not An STD" (ISBN: 978-1089401506).

SAN DIEGO, Calif., Aug. 21, 2019 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative (TMC), the mortgage industry's only independent cooperative, today announced the addition of Kate deKay and Allison Johnston to their prestigious board of directors. Johnston and deKay were voted in Sunday, August 18, 2019, during the Lender Co-op board meeting, which took place in Nashville, Tennessee during TMC's summer conference.

SAN DIEGO, Calif., Aug. 12, 2019 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has announced the appointment of Joel Ewan as Senior Vice President, Credit Administration. In this newly created role, he will be responsible for managing, implementing, and evaluating credit policy initiatives as well as analyzing and structuring commercial credit for clients across multiple industry sectors.

SAN DIEGO, Calif., Aug. 9, 2019 (SEND2PRESS NEWSWIRE) -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, today announced that it had a significant increase in home sales for 2019, with a total of 17 homes going under contract between January and July. The developer believes this surge in sales is thanks to Belize's rise in tourism and the many benefits that the country offers homebuyers.

SAN DIEGO, Calif., Aug. 5, 2019 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has named Justin Roscoe as Assistant Vice President, Training Officer. In this newly created role, he will lead all learning and development, and career pathing programs for the Bank. In addition, he will be responsible for developing a structured recruiting process and company-wide internship program.

SAN DIEGO, Calif., July 26, 2019 (SEND2PRESS NEWSWIRE) -- Legacy Global Development today announced it has retained Zurcher Arquitectos to design the Beach Club at its Orchid Bay, Belize property. Construction on the new Beach Club will commence in the near future and is being designed to meet luxury hotel standards.

SAN DIEGO, Calif., July 24, 2019 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the second quarter ended June 30, 2019. Total assets were $767 million for the second quarter of 2019, a 47% increase compared to the second quarter of 2018. Quarterly net income increased 20% to $1.57 million compared to $1.31 million in Q2 of 2018.

SAN DIEGO, Calif., July 23, 2019 (SEND2PRESS NEWSWIRE) -- Consumer Advocates for RCFE Reform (CARR) announced today that it has welcomed two new members to its Board of Directors: Teri Christensen and Daniel Shillito, Esq.

SAN DIEGO, Calif., July 22, 2019 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has appointed Sunny Mahdii to the position of vice president of operations. In this role, Mahdii will work with ReverseVision's professional services, training, implementation, document management and customer success teams to execute a holistic operations strategy.

SAN DIEGO, Calif., July 17, 2019 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has expanded its business development team with the hiring of Ian McKay as Managing Director of Business Banking. He will focus on developing and managing a portfolio of small to medium sized businesses located throughout Orange County.

SAN DIEGO, Calif., July 10, 2019 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of technology and training for the reverse mortgage industry, today announced a partnership with Total Expert, creator of the first marketing operation system (MOS) specifically for banks and mortgage lenders. The two companies have deployed an API integration that links the Total Expert MOS with ReverseVision's RV Exchange (RVX).

SAN DIEGO, Calif., July 9, 2019 (SEND2PRESS NEWSWIRE) -- Legacy Global Development today announced the release of four new Bungalows at its luxurious Orchid Bay, Belize property. Beachfront Bungalows make owning a home in Belize attainable to a wider pool of potential buyers, as they have a more affordable price point than Orchid Bay's other homes.

SAN DIEGO, Calif., June 25, 2019 (SEND2PRESS NEWSWIRE) -- Legacy Global Development, the developer of the beautiful Orchid Bay, Belize community and recognized as an expert source for living in Belize, shares its wisdom in a blog post titled, "Before Moving to Belize, You Need to Read This."

SAN DIEGO, Calif., June 13, 2019 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced that Hometown Lenders has implemented ReverseVision's HECM and proprietary reverse loan origination technology to support the launch of the independent mortgage bank's HECM lending channel.

SAN DIEGO, Calif., June 12, 2019 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today that it has hired Kamran Khosrovani as Branch Managing Director of Business Banking in Los Angeles. He will focus on client acquisition and retention as Bank of Southern California looks to further expand its presence throughout the greater Los Angeles region.

SAN DIEGO, Calif., June 11, 2019 (SEND2PRESS NEWSWIRE) -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community and recognized as an expert source on Belize tourism, shares its Top 10 List of sites to see and things do while visiting Belize.

SAN DIEGO, Calif., June 4, 2019 (SEND2PRESS NEWSWIRE) -- Legacy Global Development, the developer of the luxurious Orchid Bay, Belize community, shares its Top 5 Misconceptions about Belize real estate. As the number of real estate investors taking an interest in Belize continues to grow, there are misunderstandings about the home buying process and how it differs from buying property in the United States.