Mortgage technology

During the 2011 Mortgage Technology Conference, MT convened its advisory board for a Q&A roundtable discussion about the latest and upcoming trends in the industry, which was published in the December issue of Mortgage Technology.

Loan origination system provider Ellie Mae added another product to its arsenal of mortgage technology software as it seeks to root itself deeper into its clients’ lending operations.

The U.S. Government Services Administration entered into a contract with eMASON that will allow federal agencies to purchase the mortgage technology vendor’s software at negotiated prices.

Loan origination system provider Ellie Mae is changing its strategy for integrating its technology and customer base with that of recently acquired LOS vendor Del Mar DataTrac, by offering the DMD's point of sale application to users of the DataTrac LOS.

The Federal Housing Finance Agency has again delayed implementation of the Uniform Mortgage Data Program, an initiative to update and streamline the loan and appraisal data collected by the government-sponsored enterprises.

CU Members Mortgage reports it is seeing a 65% conversion rate and an acceleration of loan processing since it launched PowerSite, Mortgagebot's multichannel point-of-sale platform.

When the Servicemembers Civil Relief Act was enacted into law in 2003, it was supposed to prevent military personnel from losing their homes while they were protecting our country. But years later there continues to be evidence companies need to better track their compliance with it.

• Stepping Up— CIO’s role becomes more strategic

Mortgage document preparation technology vendor DocuTech acquired competing doc prep technology Docs3D in a deal announced Tuesday.

Many lenders are no longer getting mortgage borrower leads from the Google Comparison Ads platform, as the search engine giant has suspended its rate search and lead generation tool in all but four states and the District of Columbia.

BNC National Bank's Doug Brendel is shoulder deep in all of the challenges facing mortgage lenders in the new post-crisis market - expansive compliance requirements, new disclosures, compressed loan processing times, a growing mountain of documentation, and the need for staff buy-in to necessary changes in familiar work processes.

The deadline to nominate industry professionals to serve on MISMO's residential governance committee is today.

MRN Cubed, a mortgage outsourcing and consulting firm and the parent company of e-mortgage technology vendor SigniaDocs, acquired default management workflow vendor DepotPoint.

Given that lenders face a compliance requirement to track, time-stamp, document and archive every step in the origination and processing of a mortgage — and do it all as efficiently and cheaply as possible — it would stand to reason that business intelligence is the hottest product in mortgage technology today. It isn’t.

Online-only lender Quicken Loans received the highest score in the latest J.D. Power and Associates’ 2011 U.S. Primary Mortgage Origination Satisfaction Study.

A Georgia bank and nearby homeowners association management company have resolved five months worth of unpaid homeowners association claims with the help of Sperlonga Data & Analytics.

Matt Morris, who was recently appointed as chief executive of Stewart Information Services Corp., Houston, has created an executive team at the company.

I met with the members of our sister publication Mortgage Technology's advisory board during the recent SourceMedia Mortgage Technology Conference in Miami. I was interested in what they thought the next year would bring to the technology niche.

Lenders concerned about the control and compliance issues of letting employees interact with customers on social media sites might be interested in a software package released today that offers an option for managing those customer interactions.

The LOS has an ubiquitous presence in the day-to-day work of loan officers, underwriters and other lender employees. For these industry professionals, the LOS is a technology used as often as Web browsers and productivity applications like the Microsoft Office suite.