News Flash

Mercantile Capital reports 12.8 percent rise in commercial lending volume in 2009
Mercantile Capital Corporation, the Altamonte Springs, Fla. firm that ranks as one of the largest providers of U.S. Small Business Administration (SBA) 504 loans in the nation, reported it saw a 12.8 percent increase in lending volume in... Read more
Anthony Hsieh launches loanDepot.com
Anthony Hsieh, financial services veteran and entrepreneur, in a partnership with Parthenon Capital Partners and advised by Milestone Capital, is pleased to announce the launch of loanDepot.com. The highly accomplished executive team at... Read more
Dolan tapped to lead Southwest Securities Albuquerque location
V. William Dolan Jr. has joined Southwest Securities FSB, the commercial banking subsidiary of SWS Group Inc. He will serve as president of Southwest Securities FSB's banking center being established in Albuquerque, N.M. With three-plus... Read more
RedVision taps Steve McDonald as director of government partner programs
RedVision, a national provider of real property research solutions, has announced the hiring of Steve McDonald as director of government partner programs. "RedVision has long advocated the need for public and private sector cooperation as... Read more
Impac announces NYSE Amex listing and completion of title and escrow company acquisition
Impac Mortgage Holdings Inc., a Maryland corporation, has announced that its common stock has been approved for listing and has begun trading on the NYSE Amex under the ticker symbol IMPM. The company has also announced that the California... Read more
LenderLive Network and Customer Retention Solutions forge partnership
LenderLive Network Inc., a provider of business process outsourcing and technology to the financial industry, has announced a strategic partnership with Customer Retention Solutions Inc. (CRS), a comprehensive marketing services firm... Read more
ICBA expands partnership with Wolters Kluwer Financial Services
The Independent Community Bankers of America (ICBA) has expanded its Preferred Service Provider program with Wolters Kluwer Financial Services to include the company’s RESPA and Regulation GG Tool Kits, as well as the company’s suite of... Read more
Dave Parker promoted to Dorado VP of business development
Dorado Corporation, a leading North American provider of on-demand consumer lending automation and platform-as-a-service solutions, announced that Dave Parker has been promoted to vice president, business development. In his new role,... Read more
Tree.com extends PNC Bank Mortgage warehouse line
Tree.com Inc. has announced that it has entered into a limited extension of its $50mm mortgage warehouse line at its LendingTree Loans operation in Irvine, Calif. PNC Bank had previously announced that it was exiting the warehouse business... Read more
NewBridge Bank to acquire Bradford Mortgage Company
NewBridge Bancorp has announced that its banking subsidiary, NewBridge Bank, has entered into an agreement to acquire the business operations of Bradford Mortgage Company (“Bradford Mortgage”), a subsidiary of ACM Financial Trust Inc.... Read more