Mortgage Technology magazine will again recognize innovative technology developers and the lenders that benefit from those advances with its Top Service Providers and Tech Savvy Lenders awards. These recognitions have a long tradition in the mortgage finance and technology industries and are among the most coveted awards in the space.

When Toronto-based Davis Henderson Corp. agreed to acquire online lending specialist Mortgagebot from Spectrum Equity Investors for a cash price of $231.8 million, the deal drew applause at a time when many mortgage technology deals have amounted to distress sales.

Richard Neiman believes regulators may step in and provide guidance to mortgage servicers on their use of the Mortgage Electronic Registration Systems.

The head of a county land registry in Massachusetts is requesting his office close its deposit account with Bank of America in protest of the bank's affiliation with MERSCorp Inc., which runs the Mortgage Electronic Registry Systems.

A group of funds managed by Boston-based Highfields Capital Management increased its stake in mortgage technology and services vendor Lender Processing Services to 5.2% of common stock, according to new documents filed with the Securities and Exchange Commission.

As the industry copes with the “new normal,” mortgage lenders have three goals in mind when it comes to how they invest in information technology—compliance, managing economic cycles and expanding market share.

It’s no secret that mortgage technology providers Calyx Software and Ellie Mae are fierce competitors. It’s not uncommon for the two vendors to battle for the same lenders’ loan origination system business and the two companies have a long and complicated history, including a copyright infringement lawsuit filed by Calyx that settled out of court by Ellie paying Calyx an “undisclosed sum” in late 2005.

It’s no secret that mortgage technology providers Calyx Software and Ellie Mae are fierce competitors. So when each company recently purchased a product and pricing engine vendor, questions quickly came up about the two companies' new mutual customers.

Mortgage technology vendor Ellie Mae on Tuesday priced its initial public offering, laying out plans to raise between $40 million and $60 million.

It's not quite a mortgage technology conference without the release of at least one loan origination system – and several upgrades.

Congressional demands for the Federal Housing Administration to improve transparency, data accuracy, and legacy technology platforms have been backed by additional resources allocated to the effort.

Mortgagebot, the Mequon, Wis.-based provider of online mortgage rate search and loan application technology, was acquired by Canadian financial services technology provider Davis Henderson Corp. for US $231.8 million, the companies announced Thursday.

Mortgage Technology magazine will again recognize technology developers, mortgage lenders and servicers with its prestigious Mortgage Technology Awards.

The Small Business Administration has placed a lender toolkit on the agency's redesigned website to give its program lenders access to in-depth information and resources.

CoreLogic released a Web-based software for mortgage servicers to automate the decisioning and processing of loan modifications.

CoreLogic, the data and analytics spin-off of the First American Corp., purchased mortgage technology vendor Dorado Network Systems for $32 million, Santa Ana, Calif.-based CoreLogic said.

It’s been more than three months since Move Inc. launched its mortgage origination website Mortgagematch.com and already the site has seen some early success in attracting visitors. But it also has it has renewed debate about the role of online mortgage “shopping” tools that are both lead generators and lending portals.

Homeowners, retail stores, small commercial buildings, offices and banks all rely upon security systems to protect their REO properties.Most “old school” alarms start and end at a wall-wired keypad. But since 2005, there has been an option for REO properties to monitor their assets using modern-day technology including mobile devices.

Mortgage technology vendor Lender Processing Services on Friday announced that it bought PCLender.com, a top 50 provider of enterprise and Web-based mortgage software, including LOS systems.

Servicer and technology provider Reverse Mortgage Solutions Inc. is expanding into correspondent and retail originations in its niche with hires that include a team that formerly worked for Bank of America before its exit from the business, a spokesman told this publication.