Mortgage technology

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

Refinance volume may be waning, but lenders' reliance on consumer direct tools will only increase next year. Plus, the rise of mini-correspondents will keep the warehouse lending renaissance going strong in 2015.

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.

Optical character recognition replaces a manual, error-prone process, but requires regularly testing and monitoring to get the most out of the technology.

Spectrum Equity has made an investment for ExactBid for an undisclosed price.

Refinancing volume rose for the fourth consecutive month in November, according to Ellie Mae.

Marketplace lender Social Finance may pursue a larger initial public offering than expected, CEO Mike Cagney said. Progress in its mortgage business and a new lending app will be pivotal to the company's future, he said.

A recent decision by the National Labor Relations Board, drastically changes the rights of employees using company email and requires players to review and revise electronic communications policies.

The private equity firm Aquiline Capital Partners has reached an agreement to become the majority investor in LenderLive Network.

The past few weeks will likely go down in history as the tense time period when two famous people suffered health ailments that at first seemed very serious but later turned out to be false health alarms.

Stonegate Mortgage is planning to add over 175 jobs in Southern California.

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.

The spending package unveiled Tuesday would end Department of Veterans Affairs guarantees on larger loans starting Jan. 1.

DocMagic, a loan preparation company in Torrance, Calif., has agreed to acquire Doc-Tech, a mortgage documentation firm in Palatine, Ill.

Historically, net worth has been the primary, if not sole, criteria used by lenders in segmenting mortgage customers.

Mel Watt, down payment, homeownership, Fannie Mae, Freddie Mac, FHA

Many professionals in the mortgage industry are paying close attention to the non-QM market to see if it will indeed provide a path back to subprime loans of the past.

Increased fixed costs and poor business intelligence are hurting independent mortgage bankers' bottom lines.

The State Regulatory Registry, which runs the Nationwide Multistate Licensing System, says that mortgage loan originator and company renewals for 2015 are off to a strong start.

Zillow research shows entrepreneurs get fewer loan quotes than salaried workers despite higher incomes.