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In the news
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Americas Watchdog Blasts The US Congress for Not Requiring Banks & Mortgage Bankers To Disclose A Huge Mortgage Kickback Called A Yield Spread Premium
As Congress considers mortgage reform, Americas Watchdog and its National Mortgage Complaint Center are demanding that mortgage bankers and banks be required by Congress to disclose a huge mortgage kick back called a "yield spread premium". The problem: the biggest campaign donations to the US House of Representatives and the US Senate Banking Committees, come from banks, mortgage bankers and home builders acting as mortgage lenders. What is a yield spread premium? A yield spread premium is a kick back banks and mortgage bankers get for inflating a consumers interest rate/monthly mortgage payment. Banks and mortgage bankers do not have to disclose these kick backs even though they get them. Mortgage brokers do have to disclose this fee. (PRWeb Feb 11, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/02/prweb677423.htm
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StockTrack Shareholder Accounting Software Enhancements Promote Ease of Use
Version 11.1 of StockTrack Shareholder Accounting software is being released to BETA. This release contains many new features and enhancements. StockTrack, highly regarded for its capabilities and ease of use for shareholder management was first released in 1989. It supports issuance and transfer of stock, printing of stock certificates, dividends -- including direct deposit (ACH), proxy, splits, and all related reporting. It is in use by stock transfer agents and self issuers, such as community banks, across the U.S. (PRWeb Feb 11, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/02/prweb684613.htm
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Titan Lenders Corp Adds Strategic Relationship Officer: Mortgage back office outsource provider foresees diversifiedlending marketplace
Titan Lenders Corp., a mortgage back office fulfillment services provider specializing in closing, funding, and post closing services has added mortgage lending sales and marketing veteran Jennifer Higgerson in the role of Strategic Relationship Officer. Higgerson will oversee Titan's outreach to emerging mortgage lending businesses requiring high quality execution of back office operations without related overhead costs. (PRWeb Feb 11, 2008)
Read the full story at http://ww1.prweb.com/releases/titan_lenders/lenders_corp/prweb690594.htm
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TnT Expense Management Joins Wall Street Technology Association: Industry Affiliation Brings TEM Vendor Closer to Financial Services Industry
TnT Expense Management, an industry recognized, premiere provider of telecom expense management (TEM) services, announced today that it has joined the Wall Street Technology Association (WSTA) as a Gold affiliate member. This industry affiliation brings TnT Expense Management closer to valuable resources, insight and influencers in the financial services industry, a key category of clients for the TEM vendor. (PRWeb Feb 11, 2008)
Read the full story at http://ww1.prweb.com/releases/expense/management/prweb690264.htm
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Completing the FAFSA is a Family's First Step to Managing College Costs
Completion of the Free Application for Federal Student Aid (FAFSA) is a key step families should take when preparing to pay for college. This application helps to determine the amount of federal and college aid a student may receive and allows them to apply for federal student loans. Federal loans have favorable repayment terms when compared to private loans and experts recommend maxing out on federal loans first. (PRWeb Feb 11, 2008)
Read the full story at http://ww1.prweb.com/releases/fafsa/student/prweb690654.htm
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eDynaQuote's eProcurement Process Saves National Retailer 35% on Office Supplies
A national retailer headquartered in Ohio will save nearly $700,000 this year on its office supplies and toner products through a competitive purchasing process performed by eDynaQuote. The savings were based off the national retailer's last actual spend and were achieved by utilizing eDynaQuote's proprietary reverse auction software and eprocurement process expertise. (PRWeb Feb 11, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/02/prweb686753.htm
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Collins Expanding Its Services to Europe: Reinsurance broker hires Michel Fernandez to lead efforts inEurope
Collins, whose growth in recent years has resulted in a dramatic increase in its broad clientele of U.S. insurance company clients, is expanding its services as a reinsurance intermediary to Europe, President and Chief Executive Officer Pat Denzer announced today. (PRWeb Feb 11, 2008)
Read the full story at http://ww1.prweb.com/releases/european/fernandez/prweb690274.htm
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California Republic Bank Set for Initial Public Trading
With its newly minted trading symbol CRPB, California Republic Bank (CRB) today announced that it has taken the next step in becoming a publicly traded company by being listed on the Over the Counter (OTC) Bulletin Board. (PRWeb Feb 11, 2008)
Read the full story at http://ww1.prweb.com/releases/california/republic/prweb693004.htm
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Revenue360 and Financial Healthcare Systems Address Pricing Transparency with Partnership
Provider Advantage (Beaverton, OR) and Cincom Systems (Cincinnati, OH) announce a partnership with Financial Healthcare Systems, LLC (FHS), to power the pricing estimation services within the Revenue360 solution for the healthcare industry. (PRWeb Feb 11, 2008)
Read the full story at http://ww1.prweb.com/releases/2008/02/prweb687023.htm
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McCarthy Group, WaittCorp and the Management of CoSentry.net Partner to Capitalize and Position the Company for Growth
McCarthy Capital Corporation recently joined management and its partner, WaittCorp, LLC in capitalizing the growth of CoSentry.net, LLC, an Omaha based provider of business continuity and managed technical services. (PRWeb Feb 11, 2008)
Read the full story at http://ww1.prweb.com/releases/mccarthy/cosentry/prweb690224.htm
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