Ellie Mae has obtained a patent for its automated mortgage origination and processing software.

For servicers seeking to differentiate themselves with mortgage investors, the ability to quickly resolve a delinquent loan has taken a backseat to demonstrating a strict adherence to the swath of new compliance requirements that have transformed the industry.

The range of loan products offered by mortgage lenders and investors has been narrow since the housing crisis, but a few underserved niches are starting to make a comeback.

Upgrading communications technology is imperative, but only one way, for mortgage servicers to prepare for an onslaught of consumers accustomed to high-touch, individualized attention.

Ellie Mae will add new integrations of Fannie Mae's automated loan review technology to its loan origination system to help lenders ensure loans remain eligible for sale throughout the underwriting process and eliminate surprises at the end.

Zillow Group in Seattle has agreed to buy DotLoop in Cincinnati, a provider of real estate document technology.

Black Knight Financial Services Inc. is benefiting from new banking regulations that push mortgage lenders to use automation software, sending the company's shares surging since its initial public offering two months ago.

Mortgage Builder general manager Larry Alston is overseeing an update of the LOS aimed at the self-service customer.

To avoid alienating a consumer base increasingly expecting digital options, lenders must take the plunge and update old loan origination systems that cannot accommodate today's technology demands.

Fannie Mae has introduced a smartphone application designed to help potential homeowners learn how to save for their first purchase.

A new platform developed by Overture Technologies seeks to pair consumers and lenders online without charging for advertising by the number of clicks or leads generated.

Lenders and real estate agents may have to extend the usual 30-day timelines for rate locks and sales contracts while they get acclimated to the new Consumer Financial Protection Bureau mortgage disclosures that take effect in October.

NetDirector has upgraded its software to improve the accuracy of verifications of borrowers who are members of the military.

A new crop of P-to-P loan platforms is focusing on commercial real estate loans that get ignored by banks.

ExactBid in San Jose, Calif., has acquired Narrative1 in Plymouth, N.H., in a combination of technology firms that focus on the commercial real estate lending industry.

The technical glitch that suspended trading on the New York Stock Exchange for much of Wednesday shocked Wall Street, but the one-to-one nature of mortgage-backed securities trades meant the secondary mortgage market was not impaired by the outage.

Nearly 25 years after a landmark deal and two subsequent legislative overhauls, glitches in the credit reporting system remain widespread. But while regulators and law enforcement officials are again raising the stakes for the credit reporting industry, critics fear it may not be enough.

A change to the way Zillow charges for mortgage rate advertising is poised to shake up the world of online lead generation — an increasingly important source of new business, but one where lenders face a constant struggle between quality versus quantity.

New technology developed by mortgage software vendor LoanLogics aims to automate and streamline closed-loan purchasing and quality control processes for correspondent investors.

Mortgage professional hiring and new job appointments for the week ending July 3.