Technology

Mortgage companies cut 3,200 full-time employees from their payrolls in January, according to government figures released Friday morning.

The common themes of control, consistency and transparency targeted by the various new regulations are creating an increased need for more loan channel-agnostic mortgage operations and systems, according to one expert.

Quandis has partnered with technology business provider CSC to offer a new short sale tracking and fulfillment portal for the company’s EarlyResolution default management solution in order to accelerate processing cycles.

On the heels of the much-anticipated release of Apple’s third-generated iPad, an Austin, Texas-based mortgage technology upstart believes the impending launch of its iPad application will be the catalyst for tablet adoption by loan originators.

Mortgage Marvel, which operates a site where consumers are able to shop for mortgage loans and rates while at the same time maintaining their privacy, has made some upgrades to its functionality.

I just read a blog that stopped me in my tracks. It was called, "What If I'm Not Awesome Enough?" I'm going to paraphrase here, but I wanted you to know that awesome is not the primary thing that homebuyers are looking for!

Analysts and company executives are optimistic about Ellie Mae's 2012 prospects after the loan origination system vendor beat internal projections and Wall Street estimates for the fourth quarter and full year 2011.

Home prices fell 1.2% in January, following a 1% decline in December, according to preliminary figures compiled by Lender Processing Services.

Whether the servicing operation is owned by a bank with an origination arm or not, HARP 2.0 represents both a great opportunity and a real risk for mortgage servicers.

Outstanding residential debt serviced by mortgage banking firms fell to $9.1 trillion at yearend, the lowest reading since the third quarter of 2007, according to new figures compiled by National Mortgage News and the Quarterly Data Report.