Mortgage technology

Chase reached out to Quicken regarding the source code of its origination software.

The acquisition will add more than 1,500 mortgage risk specialists to service provider MphasiS and help the company provide more intense mortgage risk analysis.

Lots of financial institutions use social media as a marketing and customer service tool, but few have figured out how to actually make money from it.

Fifth Third Bank is combining mobile technology and a browser-based loan officer portal to build its mortgage business and better communicate with borrowers.

William Neville is working on expanding the usage of Mortgagebot and Avista origination technologies organically in the near term.

Zillow has reached an agreement to acquire HotPads, a map-based rental housing and real estate search engine, for $16 million.

Ellie Mae said that Susan Chenoweth Scarth has joined the company as senior vice president of marketing.

The taxman is allowing electronic signatures to be used for income verification documents, removing a lingering obstacle to paperless origination.

• MT Awards Photos• Credit Unions Eye Mortgage• MERS Helps Code Compliance• Vendors Using Their Software

The recovery of the mortgage market relies partly on banks' ability to quickly sell the real estate properties they own to new buyers.

While banks applaud the Consumer Financial Protection Bureau's goal of simplifying the tangled mass of required mortgage disclosures, the industry has found that simpler is not always better in the agency's proposal for streamlined forms.

The residential finance division of JPMorgan Chase plans to roll out a new mortgage origination technology platform next year.

When it comes to certain things in the default industry, many folks seem to equate “leading edge” with anything paperless. Nowhere is this more true than in REO invoicing.

Our annual Mortgage Technology Conference is returning to Collins Avenue next week after a few years on the road.

An effective date for the Internal Revenue Service’s acceptance of electronic signatures on the 4506-T forms that used to check the integrity of borrowers’ submitted tax information has been set for Jan. 7.

First Niagara is scheduled to open a processing center next month in Syracuse.

There is not a set time frame for the specified pool data to go live, but it has been approved and will be moving forward.

Interthinx has expanded its suite with a new MERS compliance audit service.

RES.NET has added a new feature to its buyer portal application, allowing prospective homeowners the opportunity to search for properties that have not been advertised on the multiple listing service.

Loan modifications continue to be a smart move politically and from a risk management perspective, and new technology is aimed at streamlining the way qualifying documents are moved between borrowers and loan servicers.