Technology
Technology
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Wells Fargo & Co. continued to dominate the origination landscape in the third quarter, funding $90 billion of product and amassing a market share of just over 25%—the largest reading ever for one lender.
December 14 -
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.
December 14 -
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.
December 14 -
• Stepping Up— CIO’s role becomes more strategic
December 13 -
Mortgage document preparation technology vendor DocuTech acquired competing doc prep technology Docs3D in a deal announced Tuesday.
December 13 -
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.
December 12 -
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.
December 12 -
The deadline to nominate industry professionals to serve on MISMO's residential governance committee is today.
December 9 -
MRN Cubed, a mortgage outsourcing and consulting firm and the parent company of e-mortgage technology vendor SigniaDocs, acquired default management workflow vendor DepotPoint.
December 8 -
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.
December 8 -
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.
December 8 -
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.
December 7 -
Matt Morris, who was recently appointed as chief executive of Stewart Information Services Corp., Houston, has created an executive team at the company.
December 7 -
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.
December 5 -
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.
December 1 -
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.
December 1 -
The mortgage industry is packed with folks who were probably high school kids who didn’t start studying until the night before an exam. While it’s possible to get a decent grade with last minute preparation in high school, in the business world it’s also almost impossible to make sound financial decisions when a deadline is biting at your heels. Quality takes time. Smart business decisions can’t be made in a hurry.
November 30 -
Members of the Mortgage Insurance Companies of America have developed a new loan workout template that helps address problems between a servicer and mortgage insurer when settling a borrower's loan modification.
November 30 -
Bankers 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.
November 30 -
BBVA Compass, a commercial bank based in Birmingham, Ala., will be opening a new mortgage back office processing operations center in Tempe, Ariz., and will hire up to 100 people to staff it.
November 30

