Motivity Solutions, a Denver-based mortgage technology provider, has announced the launch of LenderBuilt, a technology co-development venture designed to help mortgage bankers upgrade their technology platforms and business performance with limited investment of resources."We are seeking leading mortgage bankers to co-develop Movation [an enterprise lending system] in an actual production environment," said Todd Sherman, Motivity's president and chief operating officer. Tyler Sherman, Motivity's chief executive officer, said, "Lenders with a long-term vision realize that now is the time to step back and completely re-evaluate their technology needs, then map out a strategic vision for the future." Movation is being developed in phases, with each module available as a stand-alone product. More information on the co-development initiative can be found online at http://www.lenderbuilt.com.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
8h ago -
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
9h ago -
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
10h ago -
The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
10h ago -
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
11h ago -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
August 11









