Technology

Fort Worth City Credit Union has only one branch, which poses an efficiency and energy problem with loan document execution: the credit union has to either build new branches or require customers to drive long distances to sign paper documents in person.

In the wake of the collapse of the housing market and subsequent financial crisis, mortgage industry participants have recognized the need for loan-level data.

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.

Nancy Alley, the vice president of product services at Xerox Mortgage Services, will now lead the group as its general manager, replacing outgoing GM Greg Smith.

Lender Processing Services Inc.’s CEO and president Jeffrey S. Carbiener, is stepping down, effective immediately, for what the company said are significant health-related reasons.

After several setbacks and delays, the Uniform Collateral Data Portal is up and running.

Xerox Mortgage Services is set to host a free webinar to help mortgage industry participants better understand the appraisal components of the government-sponsored enterprises’ Uniform Mortgage Data Program.

Outsource vendors are offering custom fulfillment services, combined with loan origination technology, to small and midsize lenders.

The judging panel is making the final call for nominations to the 2011 Mortgage Technology Awards.All submissions must be received by July 8 at 6 p.m. Eastern.

TSS Software Corp. added a transaction-based pricing option to its TitleSphere software-as-a-service for HUD-1 and Good Faith Estimate document preparation.