Mortgage Technology magazine will again recognize technology developers, mortgage lenders and servicers with its prestigious Mortgage Technology Awards.
The Mortgage Technology Awards have a long tradition in the mortgage finance and technology industries for recognizing innovative technology developers and users that are promoting more efficient and cost-effective lending practices. In its 12th year, the awards are among the most coveted in the industry.
As always, this year’s 11 award winners will be determined by a panel comprised of Mortgage Technology magazine’s editorial staff. The panel will adhere to the same strict standards of objectivity and unbiased conduct that dictate the editorial process in all SourceMedia publications.
There are two new awards in 2011—the Online Originator Award and the Harnessing Mobile Award. Continuing on an evolution of the Mortgage Technology Awards that began two years ago, four awards are reserved to recognize lenders and servicers, while the remaining awards are geared toward vendors and individuals.
The winners will be revealed at the 12th annual Mortgage Technology Awards ceremony on Oct. 9 in Chicago and published in the October edition of Mortgage Technology magazine.
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Companies and individuals may nominate themselves and others, but each entity is limited to consideration for no more than two awards. An entity’s nominations for multiple awards must be submitted individually. The entry fee for each nomination is $350.
The 2011 Mortgage Technology Award categories are:
Lender/Servicer Awards
Online Originator Award (New for 2011!)
The Online Originator Award commends a lender with a comprehensive strategy to use Web-based technologies to generate borrower leads and convert them into closed loans.
Servicer of the Year Award
The Servicer of the Year Award recognizes a servicer using technology to optimize management of performing and/or distressed mortgage portfolios and ensures efficient communication with borrowers, investors and the mortgage servicing support industry.
Green Lender Award
The Green Lender Award commends the use of technology to promote sustainable and environmentally conscious business practices in the mortgage industry.
Customer-Focused Lender Award
The Customer-Focused Lender Award acknowledges using technology to promote attentive customer service, transparency and security throughout the underwriting process and supports prompt and timely loan closings.
Industry Awards
Steve Fraser Visionary Award
The Steve Fraser Visionary Award is a lifetime achievement award that recognizes the accomplishments of an outstanding mortgage technology innovator, visionary or evangelizer.
Lasting Impact Award
The Lasting Impact Award acknowledges an individual, group or company responsible for a technology initiative or development proven to have an enduring influence that’s transformed mortgage finance.
Harnessing Mobile Award (New for 2011!)
The Harnessing Mobile Award commends the development and implementation of mobile technology in the mortgage industry.
Synergy Award
The Synergy Award recognizes technology initiatives and alliances that promote integration of software and processes to promote automation, efficiency and broad mortgage industry use.
10X Award
The 10X Award commends a company, product or technology that’s had an exponential impact on mortgage finance.
Fix-It Award
The Fix-It Award recognizes technology that provides an effective solution to a specific industry problem, need or channel.
Release of the Year Award
The Release of the Year Award recognizes a new software, platform, alliance or initiative that’s expected to have the broadest future impact on the mortgage industry.
