IMB

Guaranteed Rate Expands Nationwide Initiative to Transform the Home Lending Experience for Underserved Communities

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月曜日, 5月 13, 2024

CHICAGO, May 13, 2024 /PRNewswire/ -- Guaranteed Rate, the second largest retail mortgage lender in the country, announces the next wave of expansion of its Community Engagement Initiative, designed to significantly improve funded volume in underserved communities nationwide. May 2024 marks the formal launch of phase two of this initiative, as the company has recorded rapid progress in its community work with diverse segments.

Key Points: 
  • Since the initiative's inception in 2023, Guaranteed Rate has demonstrated substantial progress in increasing diversity within its national workforce and among its clientele.
  • "We have made significant strides in opening up home lending and ownership for underserved communities, but our work is far from finished," said Camilo Escalante, Executive Director of Diverse Segments at Guaranteed Rate.
  • "In the IMB space, Guaranteed Rate, as a leader and enabler of change, continues to push for the industry to do better to reach and educate underserved communities," said Arlyn Kalinski, SVP Fair & Equitable Lending Strategies for Guaranteed Rate.
  • For more information about Guaranteed Rate's Community Engagement Initiative and work with diverse segments, please visit the company's Community Engagement page or email [email protected] .

Granite Bank Welcomes Ricky Cheath as SVP of Regional Development & Diversity Lending

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木曜日, 4月 25, 2024

CHAMPLIN, Minn., April 25, 2024 /PRNewswire/ -- Granite Mortgage is excited to announce the addition of Ricky Cheath as Senior Vice President of Regional Development and Diversity Lending.

Key Points: 
  • CHAMPLIN, Minn., April 25, 2024 /PRNewswire/ -- Granite Mortgage is excited to announce the addition of Ricky Cheath as Senior Vice President of Regional Development and Diversity Lending.
  • With a deep commitment to community, Ricky brings a wealth of experience and a passion for inclusive lending practices to Granite Mortgage.
  • Ricky later moved to Mankato and attended Minnesota State University – Mankato, where he laid the foundation for his career in the mortgage industry.
  • "Ricky is a game-changer and someone that makes everyone around him better," said Jacob Reiter, CEO at Granite Mortgage.

nCino Reports Fourth Quarter and Fiscal Year 2024 Financial Results

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火曜日, 3月 26, 2024

WILMINGTON, N.C., March 26, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced financial results for the fourth quarter and fiscal year 2024, ended January 31, 2024.

Key Points: 
  • Non-GAAP operating income in the fourth quarter was $19.3 million compared to $1.8 million in the fourth quarter of fiscal 2023.
  • Net Income (Loss) Attributable to nCino: GAAP net income attributable to nCino in the fourth quarter of fiscal 2024 was $1.2 million compared to a $(21.2) million net loss attributable to nCino in the fourth quarter of fiscal 2023.
  • Non-GAAP net income attributable to nCino in the fourth quarter was $23.8 million compared to $4.4 million in the fourth quarter of fiscal 2023.
  • Net Income (Loss) Attributable to nCino per Share: GAAP net income attributable to nCino in the fourth quarter of fiscal 2024 was $0.01 per diluted share compared to a $(0.19) loss per basic and diluted share in the fourth quarter of fiscal 2023.

DFI Collaborates with MDS to Showcase AI Embedded Solutions at Smart Factory + Automation World 2024

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水曜日, 3月 20, 2024

TAIPEI, March 20, 2024 /PRNewswire/ -- DFI, the world's leading brand in embedded motherboards and industrial computers, is thrilled to announce its collaboration with Korean distributor MDS for a groundbreaking co-exhibition at Smart Factory + Automation World 2024 in Seoul, Korea. The showcase will feature an exclusive demonstration of the TGH960 System-on-Module and its AI edge computing applications, highlighting its deep learning capabilities and face and object recognition features.

Key Points: 
  • TAIPEI, March 20, 2024 /PRNewswire/ -- DFI , the world's leading brand in embedded motherboards and industrial computers, is thrilled to announce its collaboration with Korean distributor MDS for a groundbreaking co-exhibition at Smart Factory + Automation World 2024 in Seoul, Korea.
  • Founded in 1990, Smart Factory + Automation World 2024 is a premier international exhibition in the Korean automation market that brings together industry leaders, innovators, and technology enthusiasts from around the world.
  • As leaders at the forefront of the embedded industry, DFI and MDS aim to leverage the platform to redefine the future of the smart manufacturing and industrial automation industry.
  • The AI BOX from MDS has received positive feedback from numerous customers in terms of its performance in deep learning.

Jenny Machida Joins CD&R as Managing Director of Portfolio Talent

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月曜日, 3月 4, 2024

NEW YORK, March 4, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Jenny Machida as Managing Director of Portfolio Talent, a newly created position to bring additional capability to support our investment teams' focus on talent across the investment life cycle.

Key Points: 
  • NEW YORK, March 4, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Jenny Machida as Managing Director of Portfolio Talent, a newly created position to bring additional capability to support our investment teams' focus on talent across the investment life cycle.
  • Ms. Machida has more than 25 years of experience in direct investing, management consulting and building businesses.
  • Prior to that, Ms. Machida was a Partner and Managing Director at private equity firm IMB Partners, where she played a lead role in talent due diligence, post-close strategic planning and in partnering with management teams to execute value creation initiatives.
  • Prior to IMB, Ms. Machida was co-founder, Chief Business Officer and Board Chair at a start-up medical diagnostic technology company called Sevident.

ADLINK Announces 14th Gen Intel® Processor Support Across Leading-edge Industrial and AI Solutions

Retrieved on: 
水曜日, 2月 28, 2024

SAN JOSE, Calif., Feb. 28, 2024 /PRNewswire-PRWeb/ -- 

Key Points: 
  • ADLINK adds 14th Gen Intel® Core™ processor support to key product lines, boosting performance and AI capabilities in diverse computing systems.
  • ADLINK adds 14th Gen Intel® Core™ processor support to key product lines, boosting performance and AI capabilities in diverse computing systems.
  • The 14th Gen processor upgrade demonstrates ADLINK's commitment to innovation in edge computing and AI, offering customers advanced, future-proof technology.
  • The ADLINK IMB-M47 and IMB-M47H industrial motherboards, known for their reliability and high performance, now officially support the latest Intel 14th Gen Processors.

Christie to showcase industry-leading cinema solutions at CineAsia 2023

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木曜日, 11月 30, 2023

BANGKOK, Nov. 30, 2023 /PRNewswire-PRWeb/ -- Christie® will showcase its leading solutions designed to deliver awe-inspiring moviegoing experiences for all screen sizes at CineAsia 2023, taking place at True Icon Hall from December 4-7. As the official projection partner for the show, Christie will demonstrate its cutting-edge cinema technologies and solutions, including the CP4435-RGB pure laser cinema projectors for screenings and presentations in Theatres 11 and 12.

Key Points: 
  • As the official projection partner for the show, Christie will demonstrate its cutting-edge cinema technologies and solutions , including the CP4435-RGB pure laser cinema projectors for screenings and presentations in Theatres 11 and 12.
  • At Christie, we not only illuminate screens; we also illuminate the future of cinema, championing energy-efficient solutions that redefine the cinematic experience.
  • "For over nine decades, our cinema technologies have reshaped the industry, leaving a lasting impact on exhibitors and moviegoers alike," says Han Kim, executive director for APAC, Cinema, Christie.
  • At Christie, we not only illuminate screens; we also illuminate the future of cinema, championing energy-efficient solutions that redefine the cinematic experience."

IMB Partners Announces SBIC License Approval for IMB SBIC Fund I

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月曜日, 10月 23, 2023

BETHESDA, Md., Oct. 23, 2023 /PRNewswire/ -- IMB Partners ("IMB") announces that it has received a license from the U.S. Small Business Administration ("SBA"), to operate IMB Partners SBIC Fund I, L.P. ("SBIC Fund") as a Small Business Investment Company ("SBIC").

Key Points: 
  • BETHESDA, Md., Oct. 23, 2023 /PRNewswire/ -- IMB Partners ("IMB") announces that it has received a license from the U.S. Small Business Administration ("SBA"), to operate IMB Partners SBIC Fund I, L.P. ("SBIC Fund") as a Small Business Investment Company ("SBIC").
  • "IMB is excited to partner with the SBA on our first dedicated SBIC Fund," says Tarrus Richardson, CEO of IMB Partners.
  • Today, as we announce our first SBIC Fund, IMB adds another tool to its toolbelt.
  • The SBIC Fund will focus on buyouts in the government contracting and utilities & infrastructure sectors.

Immobilium (IMB) Is Now Available for Trading on LBank Exchange

Retrieved on: 
木曜日, 10月 5, 2023

Immobilium (IMB) is a groundbreaking blockchain-based platform that is set to revolutionize the real estate industry.

Key Points: 
  • Immobilium (IMB) is a groundbreaking blockchain-based platform that is set to revolutionize the real estate industry.
  • At its core, Immobilium aims to bridge the gap between traditional real estate practices and the transformative potential of blockchain technology.
  • This platform introduces innovative solutions to long-standing challenges in the real estate sector, offering benefits such as transparency, accessibility, and security.
  • Immobilium is also committed to regulatory compliance, working closely with legal experts to ensure its tokenization projects adhere to industry standards.

Christy Soukhamneut Joins UFCU as Chief Lending Officer

Retrieved on: 
木曜日, 8月 17, 2023

AUSTIN, Texas, Aug. 17, 2023 /PRNewswire/ -- UFCU, Austin's largest locally owned financial institution, announced today that Christy Soukhamneut has joined the credit union as Chief Lending Officer.

Key Points: 
  • AUSTIN, Texas, Aug. 17, 2023 /PRNewswire/ -- UFCU, Austin's largest locally owned financial institution, announced today that Christy Soukhamneut has joined the credit union as Chief Lending Officer.
  • In the role, she will be responsible for overseeing the consumer lending organization which is comprised of one of the largest mortgage and direct auto lending teams in Central Texas.
  • Soukhamneut joins UFCU from Texas Capital Bank where she served as the senior vice president and then managing director for the bank's Mortgage Finance group.
  • "UFCU has long been a leader in consumer lending for Central Texas through our mortgage and auto business," said UFCU Executive Vice President of Member Experience Chris Turnley.