Technology

The deadline to nominate industry professionals to serve on MISMO's residential governance committee is today.

MRN Cubed, a mortgage outsourcing and consulting firm and the parent company of e-mortgage technology vendor SigniaDocs, acquired default management workflow vendor DepotPoint.

Given that lenders face a compliance requirement to track, time-stamp, document and archive every step in the origination and processing of a mortgage — and do it all as efficiently and cheaply as possible — it would stand to reason that business intelligence is the hottest product in mortgage technology today. It isn’t.

Online-only lender Quicken Loans received the highest score in the latest J.D. Power and Associates’ 2011 U.S. Primary Mortgage Origination Satisfaction Study.

A Georgia bank and nearby homeowners association management company have resolved five months worth of unpaid homeowners association claims with the help of Sperlonga Data & Analytics.

Matt Morris, who was recently appointed as chief executive of Stewart Information Services Corp., Houston, has created an executive team at the company.

I met with the members of our sister publication Mortgage Technology's advisory board during the recent SourceMedia Mortgage Technology Conference in Miami. I was interested in what they thought the next year would bring to the technology niche.

Lenders concerned about the control and compliance issues of letting employees interact with customers on social media sites might be interested in a software package released today that offers an option for managing those customer interactions.

The LOS has an ubiquitous presence in the day-to-day work of loan officers, underwriters and other lender employees. For these industry professionals, the LOS is a technology used as often as Web browsers and productivity applications like the Microsoft Office suite.

The mortgage industry is packed with folks who were probably high school kids who didn’t start studying until the night before an exam. While it’s possible to get a decent grade with last minute preparation in high school, in the business world it’s also almost impossible to make sound financial decisions when a deadline is biting at your heels. Quality takes time. Smart business decisions can’t be made in a hurry.