Mortgage technology

Platinum Data Solutions has completed an initial round of accuracy testing on the 18 automated valuation models that it resells to lenders and servicers.

Thousands of lenders post oceans of data each year to meet Home Mortgage Disclosure Act obligations. There may be more reporting requirements coming. Will the value of the new transparency outweigh the added compliance burden to lenders?

• CFPB Servicing Standards
• Fidelity's Plans for LPS
• MT Awards Photos

The mortgage tech vendor is trying to maintain profits by signing and upgrading customers. The headwinds it faces reflect broader industrywide challenges: lower origination volume and new compliance requirements.

Mortgage software firm Ellie Mae posted higher year-over-year revenue growth in the fourth quarter of 2013, but reported a dip in net income as operating expenses rose.

A New York startup vows to reduce risk and bring transparency and regulatory oversight to a much-hyped investment class.

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 2013 MT Award.

Centralized databases inside the loan origination system provide an efficient way to comply with the Qualified Mortgage requirements and more efficiently use loan information from origination to servicing and securitization.

The Consumer Financial Protection Bureau's new notification requirements for property valuations have rekindled old debates over appraisal alternatives and are expected to add costs alongside yet another layer of mortgage litigation risk.

The success of your mortgage origination business may very well depend on making changes to certain components of your operation.

Acquiring the mortgage analytics vendor Interthinx would give First American more products and services to match its rival title insurer Fidelity National — and former subsidiary CoreLogic, spun off in 2010.

The appraisal industry has seen many changes within the past few years, and with greater oversight and scrutiny coming from every direction—appraisers are under the microscope.

First American Financial Corp. signed a definitive agreement to acquire Interthinx for $155 million from its parent company, Verisk Analytics.

Fannie Mae and Freddie Mac are not properly using a web portal developed to collect and screen appraisal information in order to minimize losses, according to an audit released Thursday.

The Federal Housing Administration's long-awaited decision to start accepting electronic signatures on mortgage documents will cut down on costs and streamline operations for banks and other mortgage lenders. But the industry still faces several hurdles before it can reap the benefits of this technology upgrade.

The contest, as it were, is not really over when the big game ends.

Black Knight Financial Services finished yearend loan processing on a record 41 million loans last month.

A lender promises to be “ready to close" loans within 15 business days of receiving an appraisal—a far cry from where the mortgage industry once imagined it was heading.

Right now, there are contradictory messages between servicers of what is compliant. Utilizing technology can help servicers remain compliant to all of the industry regulation in effect today.

Alaska is the last on a very short list of states that have digitized 100% of their real estate and land inventories.