Mortgage technology

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.

As investors look to capitalize on distressed mortgage portfolio opportunities, loan document questions and the role of MERS continue to arise.

Fitch Ratings has raised its ratings outlook for First American Financial and its subsidiaries to “positive” from “stable” because of the nation’s second largest title insurer’s capitalization, profitability and moderate financial leverage.

Technology vendor Mortgage Cadence expects to expand the reach of its origination software in the credit union sector with its pending acquisition of Prime Alliance Solutions.

Traditionally, underwriting focused on applying a static set of guidelines to determine an approve/reject decision.

If you haven’t made a conscious effort to grow your email list every day, here are some strategies you can use to build your email database into an asset.

The latest upgrade, version 1.1.001, connects all real estate professionals involved in short sale transactions into one nationwide network.

Wipro Gallagher Solutions' Abhinav Asthana discusses where he sees mobile mortgage technology going in the future.

These days, many lenders’ licensing and legal departments are larger than what they were budgeted for, and adding efficiency without adding head count to the back office must be a priority.

NMN sister publication Mortgage Technology has recognized top-performing industry companies for more than a decade, dating back to when its “Top 100 Technology Vendors” list debuted in the July 2002 issue.

Regardless of your position on the use of MERS as a nominee for the lender, creating a shared, accessible database of record is another reason why lenders and servicers have worked diligently to certify the accuracy of the data entered in the MERS database.