AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Hemisphere Bank's Servicing Shop Weathers Big Hurricane.(Hemisphere National Bank)
Jacksonville, FL -- Despite facing a battering from Hurricane Wilma late last year, Hemisphere National Bank, Miami, managed to keep its mortgage servicing operation up and running without interruption.
The storm forced employees of the bank to evacuate their storm-damaged offices and move to alternate space in the city. But billing, collections, taxation and other servicing functions continued unabated, and Hemisphere credits MortgageFlex Systems of Jacksonville, Fla., with helping to make that possible. The bank uses MortgageFlex's LoanQuest, Web-based servicing system.
Joyce Saunders, director of marketing at MortgageFlex, said the servicing component was added last year to the company's suite of LoanQuest software. Coupled with the loan origination and other components of the software suite, it facilitates life cycle loan management from a single database.
That eliminates re-keying of data and helps lenders identify cross-sales opportunities better, she said.
Tom Peugh, implementation project manager at MortgageFlex, said in a news release that since the system is designed to operate 24/7 over the Internet, the only requirement for getting it up and running was an Internet connection.
"We quickly established the new connection and got their network back up and back in business very quickly," he said. "Freed from the limitations of leased lines, we changed the VPN (Virtual Private Network) to re-establish communications right away." The VPN employs security ...
- Brightstor Enterprise Backup ensures eBusiness continuity for Hemisphere...
- Press release article from: M2 Presswire November 19, 2001 700+ words
...eBusiness continuity for Hemisphere National Bank; High-performance backup...today announced that Hemisphere National Bank (HNB), a leading provider...Miguel Morera, CIO, Hemisphere National Bank. We see BrightStor as...
- Hemisphere National Bank to Upgrade Quality of Loan Portfolio.
- Newspaper article from: Knight Ridder/Tribune Business News July 19, 2002 700+ words
...Knight Ridder/Tribune Business News Jul. 19--Hemisphere National Bank has signed an agreement with regulators to improve...to increase capital and clean up its bad loans. Hemisphere National President and CEO Daniel M. Schwartz said the...
- Hemisphere National Bank.(MIAMI)
- Magazine article from: Florida Trend Villano, David May 1, 2007 700+ words
>> After acquiring Miami Beach's PineBank, Miami-based Hemisphere National Bank will be renamed Republic Federal Bank.
- Fla. Institution Allies with 5 Latin Banks. (Hemisphere National Bank)(Brief...
- Magazine article from: American Banker Nathan, Sara Kraus, James R. September 18, 1997 700+ words
Hemisphere National Bank, Miami, has allied itself with five Latin American banks and...Daniel M. Schwartz, a former executive vice president at Republic National Bank of New York, was named chief executive officer of Hemisphere in...
- The closest thing to an international transaction that many community banks...
- Magazine article from: US Banker Marshall, Jeffrey November 1, 1997 700+ words
...that many community banks do is to issue traveler's checks for customers going abroad. Then there's The Hemisphere National Bank in Miami. Hemisphere, a $55-million institution founded in 1979, has received approval for an international...
- First National Bank to Acquire Business of Sequoia National Bank.
- Press release article from: Business Wire November 6, 2004 700+ words
...Sequoia National Bank and First National Bank of Northern California, together with Hemisphere National Bank, based in Miami, Florida...the Acquisition Agreement, Hemisphere National Bank would simultaneously acquire...
- First National Bank Obtains Approvals to Finalize the Acquisition of Sequoia...
- Press release article from: Business Wire April 19, 2005 700+ words
...operations and offices of Sequoia National Bank would become branch offices of First National Bank of Northern California. The...the Acquisition Agreement, Hemisphere National Bank, based in Miami, Florida...
- Privee LLC Raises $40 Million in Private Sale to Fund Expansion.
- Press release article from: Business Wire December 23, 2004 700+ words
...the ultimate parent of Hemisphere National Bank, announced today that...increase the common equity of Hemisphere National Bank (hnbus.com). Privee...from this transaction in Hemisphere National Bank over the next three years...