Cloud computing

ReverseVision has created an operations team within its company to improve its capacity management about a month after its RV Express system's last reported outage.

The recent delay of new HECM rules is a reprieve for lenders scrambling to implement training and systems updates ahead of the original deadline. But it's also prompted questions about a key technology used by the reverse mortgage industry.

Ellie Mae's AllRegs unit has released a new version of its business information tool to help lenders and investors manage risk and identify market opportunities.

The latest version of Accenture Mortgage Cadence's Loan Fulfillment Center incorporates e-signature capability.

Mortgage technology firm ISGN has released its latest loan servicing system, LoanDynamix, which boasts a strong focus on compliance.

Users of Ellie Mae's self-hosted loan origination system will soon have to make a choice: migrate to the software-as-a-service version of Encompass or switch technology providers altogether.

Ellie Mae reported fourth-quarter earnings of $4.3 million, more than double that of the same period in 2013.

The Qualified Mortgage rule, as well as increased scrutiny and more frequent auditing by regulatory agencies, has required lenders to embrace quality control to a far greater degree.

ReverseVision, which operates the largest technology platform in the reverse mortgage industry, suffered an outage with its RV Express system because of a hardware failure. It's the second technology disruption for the San Diego-based vendor.

Before the Dodd Frank Act went into effect in 2010, the residential mortgage market was in an entirely different state — particularly in regards to servicing. Several large servicers dominated the market, but ultimately shed most of their servicing assets, creating a substantially large segment of midsize servicers.

The Green Lender Award acknowledges a lender that uses technology to promote sustainable and environmentally conscious business practices in the mortgage industry. Learn about this year's finalists and see who won the 2014 MT Award.

The Online Originator Award acknowledges a lender that has demonstrated a commitment to using Web-based technologies to generate borrower leads and convert them into closed loans. Learn about this year's finalists and see who won the 2014 MT Award.

Altisource Portfolio Solutions, a mortgage technology company in Luxembourg, has acquired Owners.com, an online property listings service in San Francisco, for $20 million.

The Transforming Valuations Award recognizes a technology advancement in the appraisal, broker price opinion or automated valuation sectors. Learn about this year's finalists and see who won the 2014 MT Award.

The mortgage software tech company Ellie Mae reported net earnings of $4.1 million for this past quarter on the strength of its loan origination system software.