Mortgage technology

I am thankful for the best of the hunters among us, the professional loan officer, who is good for the industry.

Website comments aren’t readers’ only venue for telling us how smart or dumb we are at NMN.

Regulatory pressure is expected to be as strong as ever next year when mortgage lenders and servicers will test new waters in compliance implementation, process improvements and business strategies. Market veterans find regulatory compliance risks are higher almost in every area of the business.

Shrinking origination volumes and margins have reduced lenders’ training efforts, but they are willing to invest in programs and systems that ensure compliance or payoff.

Following new legislation issued by the CFPB earlier in November, the mortgage industry’s voluntary standards organization has extended the comment period beyond yearend 2013.

Colonial Savings installed new mortgage software and consequently tripled loan volume, cut costs and improved compliance without reducing headcount.

Planwise is sharing its Spring platform, which provides listing and tax data, with real estate sites to attract homebuyers.

Readers can now comment on virtually all (and soon, all) content on National Mortgage News’ website. The first comments from readers prefigure some lively interactivity to come.

How many Mortgage Technology Conference attendees were on their mobile devices during a panel discussing the security challenges posed by mobile devices? A lot.

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 2013 MT Award.

The more compelling discussion at this week’s tech show of business success this coming year was capacity, conversion and compliance.

Federal judges have ruled no valid claims of fraud exist against MERS in which plaintiffs claimed the company’s role in a deed of trust caused them injury.

Underutilized low-income housing tax credits used to fund apartment construction could help offset a decline in multifamily financing availability, if lenders are willing to lower their minimum loan sizes.

Norcom Mortgage spent more than a year working to upgrade its loan origination system, and recently went live with their provider.

LoanServ aims to provide technology that is easy to access and gives each client a consistent customer experience.

Guaranteed Rate became an online originator for the first time this year. Now, 20% of its volume starts online.

Companies that allow employees to store work data and communication on their tablets, cell phones or personal laptops need to have a model for handling electronic discovery when litigation occurs.

Steve Fraser died at age 33, but left a big mark on mortgage automation.

The filing of fraudulent mortgage applications is on the rise. On the surface, it appears as if risk mitigation solutions are not working properly. But vendors and even some lenders disagree.

The new integration will provide lenders with a no-touch mechanism for ordering and delivering IRS tax transcripts.