Technology

Business process outsourcing and workflow platforms originally tended to be separate, but it has begun to make more sense to package them together, according to Narayan Bharadwaj, business head for Wipro Gallagher Solutions.

Another state attorney general has filed a lawsuit against Merscorp, this time in New York, where Eric Schneiderman took aim at the thousands of MERS “certifying officers” employed by mortgage servicers whom he alleges filed defective and inaccurate foreclosure documents that deceived and mislead borrowers and courts.

Even though the vast majority of its services are as an outsource solution, Bensalem, Pa.-based ISGN also provides contract employees to help meet transitory needs in the mortgage industry, including IT staff.

Genworth Financial posted earnings of $107 million in the fourth quarter - compared to a $161 million loss a year ago - but its mortgage insurance division continued to struggle.

The end of Google Advisor Mortgage is another missed opportunity by a larger technology player trying to make its mark in the mortgage industry.

Mortgage companies have added at least 3,000 full-time employees to their payrolls since September -- to keep up with refinancings -- but held off on hiring in December, according to new government figures released Friday morning.

National home prices fell for the fifth consecutive year as they were down 4.7% at the end of 2011 compared to December 2010, according to a CoreLogic report.

After significantly reducing its geographic footprint in November, Google “discontinued” its mortgage rate advertising platform Wednesday, just two years after the search engine entered the online rate search and lead generation market.

Ellie Mae created a new chief information officer position and hired David Robbins to fill the new role, the mortgage technology vendor announced.

The national vacancy rate for single-family homes fell in 2011 as foreclosures slowed and sales of empty units increased by 14% over the past four quarters, according to new government figures released Tuesday morning.