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• E-Docs Prove Key as Regulations Pile Up

  Mortgage Technology | September 2

  Regulatory changes continue to largely drive automation for those on the production side, especially when it comes to documents, according to executives at DocMagic Inc., Carson, Calif., which does business as Document Systems Inc.

• Wholesale Lender Grows with Paperless Plan

  Mortgage Technology | September 2 | Free with Registration

  MILFORD, CT—The TMS Funding wholesale division that Internet retail lender Total Mortgage Services expanded from a small test group to 17 states recently plans to continue to grow gradually but serve brokers efficiently using paperless processing once they sign on.

• New Compliance Tools Enter the Marketplace

  Mortgage Technology | September 2

  Automated mortgage compliance systems for anything from RESPA to taxes are in demand. After successfully testing its new Electronic Closing Network module for HUD, eLynx (a portfolio company of American Capital) said it will officially roll out the RESPA compliance enterprise system designed to connect lenders to the nation's largest title underwriters.

• Automation Looks to Aid Efficient Correspondent Growth

  Mortgage Technology | August 26

  PHH Mortgage Corp. is looking to increase the amount of business it does in its correspondent channel and a partnership with a technology provider has allowed the company to extend its reach without adding a massive account executive sales force.

• FNC Starts Consulting Unit

  Mortgage Technology | August 26 | Free with Registration

  FNC Inc. has created a consulting division to help its new clients implement its appraisal management technology.

• Verify First—Then Worry About Closing

  Mortgage Technology | August 19 | Free with Registration

  Let's suppose for a moment you needed to buy groceries for your family, but were short on money. Then, by sheer luck, a friendly man approaches you with an envelope. Inside, he says, there's enough money to buy all the milk, eggs and produce your family needs for a week. Now suppose the supermarket is several blocks away, on foot. Before you start off, do you look in the envelope to see how much money you have to work with?

• Transparency: One Word, Several Different Meanings

  Mortgage Technology | August 19

  When it comes to traditional technologies in default servicing, the word "transparent" always ends up being paired with some unpleasant descriptives: "Difficult to understand," "Hard to find information" or "More excessive than what I am looking for" are the few words that usually follow the word transparent.

• Alternative Tools for Alternative Market Needs

  Mortgage Technology | August 19

  The foreclosure crisis has enhanced the need for accurate asset valuations at the secondary market level and data transparency from loan origination to the servicing of securitized loans.

• Partners To Offer More Precise Collateral Valuations

  Mortgage Technology | August 12

  Real estate property valuations are repeatedly called the cornerstone of the mortgage transaction and more so in a volatile marketplace where the REO inventory keeps growing and home prices are volatile at best.

• New Standard for Credit Score Risk Assessment Is in Demand

  Mortgage Technology | August 12 | Free with Registration

  Borrower credit scores and ways to assess risk are a priority and expected to become increasingly more important to the financial services industry. A provider of analytics and decision management technology, FICO of Minneapolis reports over 2,500 banks and financial institutions have adopted its FICO 8 Score, used for consumer credit risk assessment inquiries.

Other Voices

• Perspective: Greater Profitability for Lenders in Today's Unstable Lending Environment

  National Mortgage News | July 15

  What are the best options available to lenders to deal with today's ever-changing loan volumes while maintaining loan performance?

Blog of the Week

• Jon Kempner Come on Down!

  What We're Hearing | August 27

  THIS JUST IN: He's back! That would be Jonathan Kempner, former president of the Mortgage Bankers Association, who left the trade group a little more than two years ago, just as the mortgage industry was crumbling. But let me clarify: Jon is back, but not in mortgages.