Paul Muolo | May 18
You remember the HARP program, don’t you? Originally, the idea was to refinance current but high LTV Fannie Mae/Freddie Mac borrowers into new, lower-rate loans—provided they were current. Home values (and lack of equity) reeked havoc on the concept so Uncle Sam took the LTV girdle off.
May 17
Mortgage Technology is pleased to announce the entry period and categories for the 13th Annual Mortgage Technology Awards. The deadline for all nominations is 6 p.m. EDT Thursday, June 28.
Amilda Dymi | May 16
Insiders agree that certain types of solutions can serve as the best antidote to the still pervasive mortgage loan repurchase challenge.
It is fueling a renewed drive to design tools that infuse all aspects of the mortgage production chain into coherent systems that are more efficient and transparent throughout the life of the loan.
May 16
• AVMs
• Investor Tech
• Mortech Survey
• Tech Shopping
• LOS Special Report
Austin Kilgore | May 15
Loan origination system vendor Mortgage Builder announced that it will acquire GCC Servicing Systems, the mortgage technology vendor it was spun off from in 1998.
Amilda Dymi | May 15
Zillow Inc. is intensifying its efforts to create an untraditional media model that expands through strategic acquisitions.
Evan Nemeroff | May 15
Real estate auction veterans Michael Fine and Alan Kravets formed Hilco Real Estate Auctions, which will provide buyers and sellers with transparent sale methodologies for conducting real estate transactions.
Austin Kilgore | May 14
The Federal Housing Administration will begin collecting full, electronic appraisal reports for the mortgages that it insures.
Austin Kilgore | May 14
The FHFA has created a financial incentive for executives at Fannie Mae and Freddie Mac to ensure that deadlines for the Uniform Mortgage Data Program are met.
Brad Finkelstein | May 14
John Robbins has created mortgage production platforms from scratch before, most notably with American Residential Mortgage and American Mortgage Network. But his latest venture, he admitted, was in at least one way a little more difficult because of how the industry environment has changed in the past few years.
Austin Kilgore | May 11
Freddie Mac CIO Robert Lux shares his thoughts about the GSEs’ Uniform Mortgage Data Program.
Scott Kersnar | May 10
Deploying dual monitors improves the transition to paperless.
Scott Kersnar | May 10
Before implementing a mortgage tech strategy, lenders and servicers need to execute a hardware strategy.
Evan Nemeroff | May 09
The tool provides investors with property-level information to make business decisions regarding which properties to possibly buy and convert into rental units.
Amilda Dymi | May 07
Demand, as a rule, leads to innovative business strategies. It is pressuring specialized vendors and other third-party servicers to strategize their business improvements so they can fill the gap created by the banks.
