Technology

The U.S. Government Services Administration entered into a contract with eMASON that will allow federal agencies to purchase the mortgage technology vendor’s software at negotiated prices.

Loan origination system provider Ellie Mae is changing its strategy for integrating its technology and customer base with that of recently acquired LOS vendor Del Mar DataTrac, by offering the DMD's point of sale application to users of the DataTrac LOS.

The Federal Housing Finance Agency has again delayed implementation of the Uniform Mortgage Data Program, an initiative to update and streamline the loan and appraisal data collected by the government-sponsored enterprises.

Wells Fargo & Co. continued to dominate the origination landscape in the third quarter, funding $90 billion of product and amassing a market share of just over 25%—the largest reading ever for one lender.

CU Members Mortgage reports it is seeing a 65% conversion rate and an acceleration of loan processing since it launched PowerSite, Mortgagebot's multichannel point-of-sale platform.

When the Servicemembers Civil Relief Act was enacted into law in 2003, it was supposed to prevent military personnel from losing their homes while they were protecting our country. But years later there continues to be evidence companies need to better track their compliance with it.

• Stepping Up— CIO’s role becomes more strategic

Mortgage document preparation technology vendor DocuTech acquired competing doc prep technology Docs3D in a deal announced Tuesday.

Many lenders are no longer getting mortgage borrower leads from the Google Comparison Ads platform, as the search engine giant has suspended its rate search and lead generation tool in all but four states and the District of Columbia.

BNC National Bank's Doug Brendel is shoulder deep in all of the challenges facing mortgage lenders in the new post-crisis market - expansive compliance requirements, new disclosures, compressed loan processing times, a growing mountain of documentation, and the need for staff buy-in to necessary changes in familiar work processes.