Deed of trust (real estate)

Deeded attains SOC 2 Certification, Elevating Data Security Standards for Real Estate and Mortgage Transactions

Retrieved on: 
Tuesday, September 26, 2023

Deeded, a platform reimagining the closing experience for real estate and mortgages, achieves SOC2 Certification

Key Points: 
  • Deeded, a platform reimagining the closing experience for real estate and mortgages, achieves SOC2 Certification
    Real estate and mortgage transactions involve the exchange of highly sensitive and confidential information among multiple parties.
  • Deeded's platform provides a secure environment for the exchange of data and collaboration between homebuyers, lenders, legal professionals, mortgage professionals, and real estate professionals.
  • Deeded's platform replaces multiple emails, faxes, and other unsecure methods of communications that are common in real estate transactions.
  • With SOC 2 certification, Deeded continues to solidify its position as a trusted partner for legal professionals, lenders, mortgage professionals, and real estate professionals.

Parascript Innovates Natural Language Processing for Unstructured Document Automation

Retrieved on: 
Tuesday, December 6, 2022

Parascript introduces innovative Natural Language Processing technology for use in document automation processes.

Key Points: 
  • Parascript introduces innovative Natural Language Processing technology for use in document automation processes.
  • Parascript uses NLP within the boundaries of Intelligent Document Processing (IDP) as part of the data location and extraction process, turning unstructured data into structured data (standardized output) for use in other systems.
  • Natural Language Processing is the set of procedures used to break down text into segments that software will be able to understand.
  • Below are technical features that make Parascript's NLP technology unique:
    Overall, Parascript's Natural Language Processing is a significant advancement in the automation of complex unstructured documents.

Valley Republic Bancorp Reports Record Annual and Fourth Quarter 2021 Earnings

Retrieved on: 
Tuesday, February 1, 2022

As the trend of adversely classified loans has improved and the economic risks related to the COVID-19 pandemic have moderated, the Bank did not record a provision for loan losses for the fourth quarter of 2021.

Key Points: 
  • As the trend of adversely classified loans has improved and the economic risks related to the COVID-19 pandemic have moderated, the Bank did not record a provision for loan losses for the fourth quarter of 2021.
  • Total assets for the fourth quarter of 2021 were $1.4 billion, which represents a year-over-yearincreaseof$144.3million,or11.7%.Totalloanswere$829.2million,whichrepresentsayear-over-year decrease of $20.5 million, or 2.4%, due to PPP forgiveness.
  • Valley Republic Bank, established in 2009, is a wholly owned subsidiary of Valley Republic Bancorp, headquartered in Bakersfield, California.
  • Valley Republic Bank emphasizes professional, high quality banking services provided to a wide range of businesses and professionals.

Valley Republic Bancorp Reports Third Quarter 2021 Earnings

Retrieved on: 
Friday, October 22, 2021

The merger is expected to close in the fourth quarter of 2021 or the first quarter of 2022.

Key Points: 
  • The merger is expected to close in the fourth quarter of 2021 or the first quarter of 2022.
  • Mr. Voiland said, "I believe the pending merger of Valley Republic Bancorp and TriCo Bancshares will be good for all.
  • Valley Republic Bank, established in 2009, is a wholly owned subsidiary of Valley Republic Bancorp, headquartered in Bakersfield, California.
  • Valley Republic Bank emphasizes professional, high quality banking services provided to a wide range of businesses and professionals.