Mortgage technology

The Harnessing Mobile Award commends the development and implementation of mobile technology in the mortgage industry.Here are the finalists for the inaugural 2011 award.

The Lasting Impact Award acknowledges an individual, group or company responsible for a technology initiative or development proven to have an enduring influence that’s transformed mortgage finance.Here are the finalists for the 2011 award.

The Online Originator Award commends a lender with a comprehensive strategy to use Web-based technologies to generate borrower leads and convert them into closed loans.Here are the finalists for the inaugural 2011 award.

The Release of the Year Award recognizes a new software, platform, alliance or initiative that’s expected to have the broadest future impact on the mortgage industry.Here are the finalists for the 2011 award. 

The Servicer of the Year Award recognizes a servicer using technology to optimize management of performing and distressed mortgage portfolios and ensures efficient communication with borrowers, investors and the mortgage servicing support industry.Here are the finalists for the 2011 award.

CoreLogic posted a net loss of $107 million off revenue of $348 million, the result of substantial losses from the discontinued operations of five business units in the third quarter of 2011. The results compare to a net loss of $93 million off revenue of $330 million in 3Q10.

The Steve Fraser Visionary Award is a lifetime achievement award that recognizes the accomplishments of an outstanding mortgage technology innovator, visionary or evangelizer.Here are the finalists for the 2011 award.

Loan origination system provider Ellie Mae reported net income of $1 million for the third quarter of 2011, down from a $1.7 million profit in 3Q10, but better than its losses of $40,000 in 2Q11 and $800,000 in 1Q11.

Check out a photo slideshow and the videos presented during the 12th Annual Mortgage Technology Awards Ceremony.

Bill Beckmann begins each week with a flight from his home in St. Louis to Washington. The weekly flights have become a routine of sorts since he took on a job that of late, has become the most daunting among executive jobs in the mortgage industry, president and chief executive of Merscorp Inc.

Two AOL online destinations will incorporate the Zillow Mortgage Marketplace into their websites beginning in 2012.

The Synergy Award recognizes technology initiatives and alliances that promote integration of software and processes to promote automation, efficiency and broad mortgage industry use.Here are the finalists for the 2011 award.

A Realtor's attempt to defraud a Midwest Bank of $60,000 was thwarted with the assistance of a Web-based offer-processing service that eliminates the possibility of foreclosure fraud.

County lawyers in Texas are setting their sights on MERS, claiming Merscorp Inc. and its subsidiary, Mortgage Electronic Registration Systems Inc., avoided paying millions in property recording fees.

Complaints from consumers, real estate professionals and public officials are rampant—it takes too long to get an answer from servicers and investors on a loan modification application or a short sale offer.

To improve proof of performance inspection reporting, Spectrum Field Services will now allow all of its customers the opportunity to use Pruvan's latest smartphone certification platform.

Lender Processing Services posted net earnings of $40.5 million in the third quarter, down 49% from a year ago as increased revenue from its technology and analytics unit couldn't compensate for higher costs in its loan transaction services unit.

A briefing and vote that would have authorized a county attorney in Texas to sue Merscorp was delayed Tuesday.

Attorneys for the Texas counties that encompass Houston and San Antonio are making plans to file lawsuits against Merscorp Inc.

With appraisers now generating valuation reports in the new data and format standards set by the government-sponsored enterprises, lenders are adopting new procedures and practices ahead of full implementation of Fannie Mae and Freddie Mac's Uniform Mortgage Data Program.