Technology

Loan origination system provider Ellie Mae reported net income of $1 million for the third quarter of 2011, down from a $1.7 million profit in 3Q10, but better than its losses of $40,000 in 2Q11 and $800,000 in 1Q11.

Check out a photo slideshow and the videos presented during the 12th Annual Mortgage Technology Awards Ceremony.

Bill Beckmann begins each week with a flight from his home in St. Louis to Washington. The weekly flights have become a routine of sorts since he took on a job that of late, has become the most daunting among executive jobs in the mortgage industry, president and chief executive of Merscorp Inc.

Two AOL online destinations will incorporate the Zillow Mortgage Marketplace into their websites beginning in 2012.

The Synergy Award recognizes technology initiatives and alliances that promote integration of software and processes to promote automation, efficiency and broad mortgage industry use.Here are the finalists for the 2011 award.

A Realtor's attempt to defraud a Midwest Bank of $60,000 was thwarted with the assistance of a Web-based offer-processing service that eliminates the possibility of foreclosure fraud.

County lawyers in Texas are setting their sights on MERS, claiming Merscorp Inc. and its subsidiary, Mortgage Electronic Registration Systems Inc., avoided paying millions in property recording fees.

Complaints from consumers, real estate professionals and public officials are rampant—it takes too long to get an answer from servicers and investors on a loan modification application or a short sale offer.

To improve proof of performance inspection reporting, Spectrum Field Services will now allow all of its customers the opportunity to use Pruvan's latest smartphone certification platform.

Lender Processing Services posted net earnings of $40.5 million in the third quarter, down 49% from a year ago as increased revenue from its technology and analytics unit couldn't compensate for higher costs in its loan transaction services unit.