Compliance systems

As a result of certain court decisions, government agencies like the Federal Housing Administration have even more latitude in pursuing these claims against lenders.

Take a look back at National Mortgage News' top stories of 2014.

The Lasting Impact Award honors an individual, group or company responsible for a technology initiative or development proven to have an enduring influence that's transformed mortgage finance. Learn about this year's finalists and see who won the 2014 MT Award.

After 2014's sweeping reforms, which put huge strain on lenders' operations, 2015 may not look so bad. But big potential changes still loom

The Lenders' Choice Award commends the technology provider that offers the best customer service, value proposition and overall user experience. The winner is selected by a vote of industry professionals from mortgage lending and servicing institutions. Learn about this year's finalists and see who won the 2014 MT Award.

The ongoing push for more robust loan data will continue in 2015, as market participants across the mortgage lifecycle adopt new regulatory requirements and take advantage of recent developments in paperless processing and self-service capabilities.

The government-sponsored enterprises' changes to their representations and warranties regulations could increase lending — and some risks. Here's the downside to the move and how lenders can mitigate related concerns.

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. Learn about this year's finalists and see who won the 2014 MT Award.

The Servicing Trailblazer Award acknowledges a servicer or vendor initiative, product or platform that uses technology to optimize mortgage portfolio management and ensures efficient communication with borrowers, investors and the mortgage servicing support industry. Learn about this year's finalists and see who won the 2014 MT Award.

Two electronic document management software companies — Axacore Inc.and Scrypt Inc. — will merge effective Dec. 31 under the Scrypt name.

Mortgage companies must properly vet their third-party vendors to ensure that there is no litigation, fraud allegations, or other risky behavior that might create risk for them.

Lenders concerned about maintaining vendor oversight compliance may require title insurance and settlement firms to adopt the American Land Title Association's quality standards, even though the industry guidelines are only voluntary.

The third and final part of this series tells how to establish a business model acceptable to the CFPB.

The Steve Fraser Visionary Award is a lifetime achievement award that honors the accomplishments of an outstanding mortgage technology innovator, visionary or evangelizer. Learn about this year's finalists and see who won the 2014 MT Award.

It is critical for all originators to have a vendor management plan to mitigate their risk and to comply with state, federal and local laws.

The Synergy Award commends technology initiatives and alliances that encourage the integration of software and processes to promote automation, efficiency and broad mortgage industry use. Learn about this year's finalists and see who won the 2014 MT Award.

The Federal Housing Administration could finally get something it desperately needs: upgrades to its outdated technology infrastructure. But industry groups object to the new fee being proposed to generate the necessary funding.

Fannie Mae and Freddie Mac updated their representation and warranties frameworks in a move designed to encourage mortgage lenders to ease credit restrictions by limiting repurchase requirements.

An automated consumer training technology aims to mitigate compliance risk in loans outside qualified mortgage standards for liability protection.

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.