Technology

American Home Mortgage Servicing has filed a lawsuit in District Court in Dallas County against Lender Processing Services and its affiliate DocX to recoup millions of dollars in claimed losses.

Accenture announced its acquisition of Dallas-based mortgage outsourcing provider Zenta Monday, in a move that puts the global consulting and outsourcing provider in the thick of the mortgage origination business and the massive loss mitigation efforts ongoing in the mortgage servicing industry.

Mortgage quality control technology and services provider Aklero Risk Analytics has named an executive from ISGN as chief financial officer.

The mortgage technology arena is changing at the speed of light. There are new developments at MERS. There is the ongoing UCDP (Uniform Collateral Data Portal) initiative at Fannie Mae and Freddie Mac. MISMO has a new iteration.

The president of San Diego-based valuation data and technology provider DataQuick is defending his profession against what he says are misconceptions about the fundamentals of valuations and the current regulations of the industry.

Ellie Mae's $25.2 million acquisition of Del Mar DataTrac has wide-ranging implications for multiple constituencies. Here’s a look at what it means for some of them.

The U.S. Court of Appeals for the Eighth Circuit has rejected an appeal from Fair Isaac Corp., Minneapolis, letting stand a judge's ruling dismissing some of its claims before trial against VantageScore Solutions, Stamford, Conn., and Experian, Costa Mesa, Calif.

GMAC Mortgage and the state of Maryland are working on a web portal that will exchange foreclosure mediation documents electronically.

Veros Real Estate Solutions said it's connected a “large lender” to its custom interface with the Uniform Collateral Data Portal.

The judges panel is pleased to announce the finalists for the 2011 Mortgage Technology Awards.