Technology

Fresh off its initial public offering of common stock, real estate listing and mortgage rate search website company Zillow posted its first ever quarterly profit since its launch in 2006.

A new integration into the Mortgage Builder loan origination system allows users to order CoreLogic income verification services directly from the LOS.

Overture Technologies sold its mortgage division to CompuGain Corp., in a deal announced Monday.

A U.S. District Court judge in Oregon issued a pair of rulings in favor of Merscorp subsidiary Mortgage Electronic Registration Systems, Inc., but it remains unclear how those rulings will impact MERS' appeal of a third case where a second federal judge vacated an Oregon borrower's nonjudicial foreclosure.

While the technology exists to help lenders avoid GFE/HUD-1-related RESPA violations, even now, many lenders are still relying on manual processes—or no process at all—and suffer the consequences of paying cure violations.

While appraisers may fear that the GSEs technological progress will crowd out the industry’s need and respect for their critical role, those fears are most likely baseless.

The popularity of online personal financial management is influencing overall web banking design, as institutions build new portals that marry account information, balances, automated statements and recent activity with digital transaction capabilities.

Real Estate Mortgage Network Inc., River Edge, N.J., has created an online consumer-direct mortgage lending operation under the name FinanceMyHome.com.

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.