Technology

California foreclosure activity continues to decline as defaulting homeowners are taking advantage of federal programs.

Servicers will soon be subject to new guidelines as well, as the Consumer Financial Protection Bureau finalized rules in January of 2013 designed to establish a national servicing standard.

Genworth U.S. Mortgage Insurance has completed interfaces with Ellie Mae’s Encompass360 and Lender Processing Services’ PCLender loan origination systems.

Home Loan Servicing Solutions closed Wednesday up 3.59%, the leading gainer by percentage among Mortgage Industry Equity Composite stocks.

Responding to market demand for automated regulatory compliance tools Equator has incorporated the new mortgage servicing rules set forth by the Consumer Financial Protection Bureau into the Equator Loan Segmentation module.

The Synergy Award recognizes technology initiatives and alliances that encourage the integration of software and processes to promote automation, efficiency and broad mortgage industry use. Learn about this year's finalists and see who won the 2012 MT Award.

Mortgage application volume has declined from the previous week for only the second time in 2013.

The LSS platform G/Serv is now formally known as Colonnade, chosen for its “connotation of stability and support.”

The day after investors punished Radian Group for posting a fourth-quarter and full-year 2012 loss, it was the leading gainer by percentage among Mortgage Industry Equity Composite stocks on Tuesday.

The American Institute of Architects recognized DocMagic with a 2013 AIA Institute Honor Award for interior architecture.