Mortgage technology

When Howard Bluver took over as CEO and director of Suffolk Bancorp, the bank had a total book value of $81 million in nonperforming loans.

A compliance incident does not have to involve the Consumer Financial Protection Bureau or the violation of a consumer protection law to be a concern.

Fidelity National Financial has increased the cash component of its offer for Lender Processing Services by $500 million.

The GSE regulator should direct Fannie Mae and Freddie Mac to use the same credit underwriting standards in their automated underwriting systems, according to the Mortgage Bankers Association.

I have some interesting stories and perspectives on how the fine folks on the left coast live, and how they keep coming up with innovative business models to address their ever changing market.

A laundry list of 33 items for managers to find answers for during the interview process.

Lead management technology provider Leads360 has changed its name to Velocify, which it said more accurately reflects its mission to enable sales professionals to sell at the “speed of opportunity.”

Sabal Financial Group is expanding into third-party servicing, special servicing and construction loan administration nationwide.

Major servicers still find it difficult to provide troubled borrowers with timely notice that more documents are needed to process a loan modification application.

ServiceLink has made available a multipurpose tool designed to ensure the mortgage loan data lenders and servicers report and record electronically is accurately transferred and in compliance with regulators.

This is our master list of items to do on each new loan.

PennyMac Financial Services is now using a new platform developed by Quandis to enable the mortgage services firm to centralize the short sale process into one portal for multiple users.

ISGN CEO Ritesh Idnani explains how mortgage lenders should incorporate social media into their technology capabilities.

Is the bar set so low that investors must dictate to servicers what the minimums are and how to manage the very basic elements of our business?

First-time homebuyers, usually between 18 and 34 years old, prefer mortgage shopping through the web, to getting in their cars and driving to their banks to shop for a mortgage.

The new version of Ellie Mae's Encompass360 application includes over 200 new features, the Pleasanton, Calif.-based mortgage-software company said.

The National Security Agency spying scandal, sparked by news that the NSA has been monitoring phone and e-mail records of millions of Americans, could spill over into the mortgage industry.

As many communities throughout the country continue to recover from the housing crisis, Freddie Mac is trying its best to help as many distressed borrowers as possible avoid foreclosure.

The upgrades of the master and primary servicer rating reflect the completion of Wells Fargo's Systems Process Integration project and subsequent operational improvements.

Ellie Mae has a program called EllieCares, where they have corporate volunteer projects. Over the past four years more than 70% of Ellie Mae’s Bay Area staff has participated in company-affiliated volunteer efforts.