Mortgage technology

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.

Mortgage Technology magazine presented its 12th annual Mortgage Technology Awards on Oct. 9

A lot of technology ingenuity and utility from both lenders and vendors was recognized in Chicago recently when our sister publication Mortgage Technology gave out its 12th annual Technology Awards.

Equifax is expanding the availability of technology it’s developed to aid mortgage investors analyzing whole loan portfolios before and after they’re purchased.

A new collaboration between FICO and CoreLogic, two of the nation’s largest risk scoring data providers, plans to upgrade existing mortgage credit risk scoring models and consequently pave the way for broader access to multiscore rating benchmarks.

Officials from the government-sponsored enterprises continue to encourage lenders to be proactive with their appraisal and origination technology vendors in preparation for the new requirements in the Uniform Mortgage Data Program.

Among the issues Sanjeev Malaney, CEO of collaborative document services provider Capsilon, sees as likely to come up during the Mortgage Bankers Association annual convention this year is the continued evolution of MISMO standards.

Three years after making a big splash in mortgages and then growing its business to become the 12th largest in the U.S., insurance conglomerate MetLife is now throwing in the towel on residential finance.

Quandis has developed a new Web-based application that automates short sell workflows and streamlines communication between servicers, lenders, borrowers and real estate agents.