Mortgage technology

American icon Dick Clark died recently at the age of 82. He is best known for hosting the television show “American Bandstand” as far back as the 1950s to three decades at the helm of “Dick Clark’s New Year’s Rockin’ Eve” all the way up to this past Dec. 31. But what many people don’t know is that Clark also created and hosted several TV game shows and owned a chain of restaurants.

KossREsource.com, an online information portal for the commercial real estate industry, has gone live. Among the features of the site is an extensive database of debt and equity financing alternatives which is user driven.

Lender Processing Services will acquire mortgage origination technology developer LendingSpace in a deal expected to close later this month.

If you think there couldn't possibly be yet another new requirement facing servicers, think again.

The crisis in mortgage lending and the anger that followed the robo-signing scandal has become a crisis of paper.

Some friends and I recently decided to do a "staycation" in Scottsdale, Ariz. The experience was horrendous, but they taught me several valuable lessons about our industry.

The nomination deadline for the 2012 Mortgage Technology Awards has been extended until 12 p.m. EDT Tuesday, July 10.

The stock market soared upwards on Friday morning and that rising tide also brought up many stocks associated with the mortgage industry.

The operators of an allegedly deceptive mortgage modification business will pay more than $750,000 in ill-gotten gains to settle Federal Trade Commission charges. The settlements also permanently ban the 11 defendants from selling any mortgage assistance relief products.

Despite recent advances by credit scoring companies, the mortgage industry still questions whether credit scores can be relied on to predict borrower behavior.

Despite 12 years of education to the industry, there are still a lot of misconceptions out in the trenches about what e-mortgages are and where they can be used.

Ellie Mae’s secondary stock offering priced higher than expected and at $17 per share, will raise between $48.16 million and $55.36 million, after expenses, for the mortgage technology vendor.

A new service from CoreLogic incorporates servicer stop advance data into its private-label residential mortgage-backed securities dataset.

Attempts by Mortgage Guaranty Insurance Corp. to sell off its eMagic and Myers Internet units have failed and the mortgage insurer will shut down the pair of technology providers on Sept. 1.

In the wake of several significant regulatory developments, and with more changes looming, it seems clear that esponsible servicing professionals will need to evolve and adapt to new realities.

Mortgage technology vendor Ellie Mae will offer 3 million shares of its stock in a public offering announced Monday.

As mortgage industry companies are putting a greater emphasis on technology and the Internet today to create a more successful business, executives across the country need to be aware of tactics that cybercriminals are using to hack into computer systems in order to access financial accounts and other high-level proprietary information.

Major servicers are in various stages of setting up their systems and training personnel to provide struggling homeowners with a single point of contact that they can rely on as they go through the loan modification process.

Because IT requires a truly specialization of skills and experience, lenders and servicers should partner with experienced vendors.

Does the constant grind of impressing Wall Street investors hurt the ability of publicly traded companies like Ellie Mae to provide mortgage lenders with the best technology and customer service? According to Mortgage Cadence Chairman and CEO Michael Detwiler, it doesn’t help.