LOS

Ellie Mae reported higher profits in its second-quarter earnings. With net income of $7.6 million, its profits rose 62% from the same period in 2014.

Black Knight Financial Services swung to a profit in the second quarter, the first reporting period after it completed an initial public offering in May.

Ellie Mae has obtained a patent for its automated mortgage origination and processing software.

Ellie Mae will add new integrations of Fannie Mae's automated loan review technology to its loan origination system to help lenders ensure loans remain eligible for sale throughout the underwriting process and eliminate surprises at the end.

Black Knight Financial Services Inc. is benefiting from new banking regulations that push mortgage lenders to use automation software, sending the company's shares surging since its initial public offering two months ago.

Mortgage Builder general manager Larry Alston is overseeing an update of the LOS aimed at the self-service customer.

To avoid alienating a consumer base increasingly expecting digital options, lenders must take the plunge and update old loan origination systems that cannot accommodate today's technology demands.

Many lenders may not have been ready for the CFPB's new mortgage disclosure rule if it took effect on Aug. 1 as planned. Now a slip-up by the agency itself has given lenders a two-month reprieve.

Throwing bodies at TRID implementation won't solve problems. Using technology to automate origination processes can help rein in costs and maintain compliance.

The goal of any load-balanced or scaled application should ultimately be to provide reliable and highly available services.

Ellie Mae reported net income of $3.6 million for the first quarter, up 350% from the same period a year ago.

Fannie Mae has incorporated Collateral Underwriter into its Desktop Underwriter and EarlyCheck offerings.

At #MBATech15 in Orlando, #TRID was on the tip of everyone's tongues. But other conversations also took place, centering largely on how technology adoption can make up for lost time and what future IT infrastructures will look like.

Compliance software provider QuestSoft found that nearly one in five lenders is considering switching their loan origination systems this year.

There is plenty of information available on the Internet so that mortgage firms can stop using the same old school approach to customer acquisition.

The Federal Housing Administration will require single family home mortgage appraisals to be submitted through an online electronic delivery portal starting on June 27, 2016, the agency announced.

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.

The three leading U.S. consumer credit reporting agencies agreed to make sweeping changes to correct errors and improve accuracy of reports as well as to increase protection for consumers with medical debt.

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

Most millennials do almost all of their other business on a portable device, so they want to have this same functionality when buying a home.