Mortgage technology

Ellie Mae is considering a sale and has interviewed banks to manage the process, three people with knowledge of the matter said.

Wolters Kluwer Financial Services has added its flood determination services to Calyx’s technology network.

We're hearing a lot of feedback from readers of last week’s column.

The rising interest rate environment of the past couple of months has brought home the point to mortgage originators that they need to be mining purchase leads going forward.

Dave Vida of LenderLive Network is one of many in the industry who does not see “anything too new in the loss mitigation space,” but recognizes it has been transformed by the foreclosure crisis.

Federal prosecutors in Cleveland filed papers Aug. 2 seeking to seize a home owned by Alex Spirikaitis, the fugitive CEO of Taupa Lithuanian CU.

Calyx Software is coming out with a qualified mortgage findings report that will allow originators to thoroughly document compliance with the rule scheduled to go into affect in January.

Homeward Capital will become the third mortgage investor to implement Ellie Mae's Total Quality Loan program.

Although the world is full of tools to search out information, how do you really determine if a company is reputable or not?

We're hearing that I learned a new word recently and that word is “selfie.”

DataQuick has developed an advanced title analysis tool that enables users to better understand market changes and adjust their business strategies accordingly.

Veros has updated its appraisal risk scoring tool, VeroSCORE, to focus on the complexity of appraisal assignment.

Amit Kothiyal will become CEO of ISGN Corp., replacing Ritesh Idnani, who also held the title of vice chairman.

Located at 4857 Broadway in the Inwood neighborhood of Manhattan, this 38,000-square-foot concrete and steel residential and retail building is the first of its kind built in New York City. Photo: Courtesy of GLUCK+.

We're hearing that in the wake of the financial crisis traditional advertising and marketing messages from the banking industry may be falling on deaf ears.

Essent Guaranty said users of the FICS Loan Producer loan origination system can seamlessly order mortgage insurance coverage from the company.

Mortgage Network was able to pare down redundant systems used in the origination process.

Kroll Factual Data found possible fraudulent activity in loan applications increased 1.06% on average between the first quarter of this year and the fourth quarter of last year.

The conspirators supposedly operated a fraudulent timeshare resale scheme in Green Bay that resulted in at least 1,000 victims in 20 states and Canada being defrauded of over $2.3 million.

It refers to integrating each step of the loan process, from pre-origination activities all the way through servicing to lien satisfaction, in a unified suite of software running on a common platform.