Technology

Green River Capital, an REO asset management and loss mitigation provider, has fulfilled requests from real estate agents by creating a mobile device application.

Ellie Mae, Pleasanton, Calif., has acquired Del Mar DataTrac Inc., San Diego, for $17.2 million cash at closing, and future cash payments of $3 million, $3 million and $2 million to be paid over the next three years.

NovaStar Financial Inc., a former high flyer in the subprime mortgage originations business now pursuing the appraisal niche and others, reported net earnings of $457,000 for the second quarter, up from $256,000 one year prior.

With less than two months before the annual Mortgage Technology Awards ceremony, the judges’ panel is pleased to announce the finalists for this year’s awards.

Most lenders and servicers likely may pay no mind to the work of the Mortgage Industry Standards Maintenance Organization's contingent of dedicated volunteers. They don't care how the technology works; they just want it to work.

Mortgage technology and fulfillment outsourcing vendor ISGN raised $30 million in fresh capital from its existing group of investors.

Servicers believe that developing greater communication during the default resolution process is an integral aspect in order to reduce the number of foreclosures nationwide.

RealtyTrac has launched a new Web-based foreclosure data search and download tool that creates lists of default, auction and REO records.

Wipro Gallagher Solutions added an integration to Fannie Mae’s EarlyCheck, a tool that allows lenders to run pre-closing quality control checks on mortgage applications, to its NetOxygen loan origination system.

Veros Real Estate Solutions will host a free webinar on extracting data from PDFs, with a special emphasis on the new appraisal delivery requirements of the government-sponsored enterprises' Uniform Mortgage Data Program.