Mortgage technology

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 2013 MT Award.

Issuers can get new commitment authority in as little as five minutes, according to Ginnie Mae president Ted Tozer.

The new feature will reduce errors and lender risk by ensuring the loan meets investor eligibility guidelines before it is too late in the process.

Sixty-three percent of lenders have an electronic document solution in place, the ninth Path to Paperless survey from Xerox finds.

Mortgage technology developer Optimal Blue acquired its largest competitor, LoanSifter, in a deal that combines the two largest standalone developers of product eligibility and pricing engines remaining in the mortgage industry.

An unprecedented annual jump in Internet mortgage banking transactions coupled with a 50% increase in mobile banking is profoundly changing retail bank operations and customer retention practices across the U.S., according to Accenture.

Any system will help your business as long as you use and update it.

Capsilon’s DocVelocity system now allows companies to send loans individually or in groups to seven financial institutions.

The $40 million in financing will help fuel the company’s expansion of services for the mortgage and property and casualty insurance industries through activities that include strategic acquisitions.

The only relief might come from a deduction for first-timers if they get housing counseling.

Subservicing volumes have surged by almost 40% in the past year as servicing compliance demand has increased.

Helping loan officers navigate the “new world” of mortgage lending as interest rates continue to rise.

A new hybrid appraisal product is now being offered that fills the gap between an automated valuation model with property condition report and a field appraisal.

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 2013 MT Award.

If you’re getting business like you’ve always done it, prepare to exit loan originations.

A stand-alone quality control unit may soon become a casualty of the heightened mortgage regulatory environment.

With the annual March 1 date looming for federal Home Mortgage Disclosure Act compliance, Texas Dow Employees Credit Union has successfully implemented an automated solution that saves time, money and beats the deadline.

As the real estate market continues to make a comeback, CUs are turning to a credit union service organization to help them book more loans.

Independent mortgage bankers’ net income declined 60 basis points between the second and third quarters, Richey May data show. Some penny pinching is in order.

An outsourcing services provider is buying a capital markets consultancy for $75 million, and separately a mortgage company is outfitting its new servicing unit with lien-release technology.