Mortgage technology

Cogent Road said the upcoming version of its Roohmz Enterprise Loan Production System will integrate with DocMagic.

Net income for 1Q13 was $3.9 million, or $0.14 per diluted share, compared to net income of $3.6 million, or $0.16 per diluted share, during the same time period last year.

Old Data is dead, long live New Data.

Since the economic downturn mortgage fraud has been a prevalent issue plaguing the housing industry for several years.

For the past decade, the social media scene for originators has been compared to the Wild Wild West.

Worries over fraud, as well as the Consumer Financial Protection Bureau holding lenders responsible for the actions of the third parties they use, is what is behind programs to vet title agents.

The banks object to a consolidation, saying each of the cases has separate claims, defendants, originators, disclosures, loans and evidence.

Rockville Financial said adding an online mortgage application was one of the reasons the bank holding company had a 74% increase in originations in the first quarter.

Mortgage Grapevine poster Jusross is unhappy with the online mortgage application software he is using.

As housing markets continue to stabilize across the country with rising home prices and inventories shrinking in these cities, this ultimately leads to the possibility for a higher potential of mortgage fraud.

Lender Processing Services had net income of $54 million in 1Q13, a 13% increase over the $47 million earned in the same quarter last year, even though revenue decreased 3% between the two periods. In 4Q12, when it settled some of the legal matters, LPS earned $2.8 million.

CoreLogic reported in its first-quarter results that it had acquired Case-Shiller from Fiserv back on March 20 for $6 million.

Wells Fargo released an update to its mobile applications to give borrowers the ability to manage their mortgage accounts from their mobile devices.

After insulting plumbers for a couple of weeks, I experienced a bit of karmic justice when I arrived home from my last round of travel.

It is a matter of preparing and motivating loan officers, both retail and wholesale.

National Mortgage Insurance Corp. has started issuing commitments, becoming the sixth active private mortgage insurer in operation.

Good communication is all about the sender and the recipient agreeing that they exchanged information and what that information was.

MortgageKeeper Referral Services has added resources to aid homeowners in case of natural disaster.

Fannie Mae and Freddie Mac have begun the preliminary work to update the required data points and format that lenders submit to the GSEs’ respective automated underwriting systems.

Mortgage data is more valuable when delivered through the cloud because several people can use the data at the same time.