Technology

In its first earnings report as a publicly traded company, mortgage software provider Ellie Mae posted a net loss of $800,000 for the first quarter of 2011.

The primary units that private equity group TPG Capital acquired from MacDonald, Dettwiler and Associates will be grouped together and run under the brand name DataQuick.

The deadline for submissions for Mortgage Technology’s 2011 Top Service Providers is just days away.The deadline for submissions is noon Eastern Monday May 16, 2011.

In its first earnings report as a publicly traded company, mortgage software provider Ellie Mae posted a net loss of $800,000 for the first quarter of 2011.

When Noel Watts, the vice president of mortgage banking at Marshall & Ilsley Bank, set out to upgrade the lender's origination platform two years ago, he expected interest rates to rise and mortgage volume to plummet.

CoreLogic, Santa Ana, Calif., reported net income of $23 million for the first quarter, which included a $25 million pretax gain on the sale of DealerTrack Holdings common stock and a $14 million increase to its tax provision related to a deferred-tax asset reduction because of the Dorado acquisition.

At the Mortgage Bankers Association’s annual technology conference in Fort Lauderdale, Fla., we gathered a panel of industry participants to discuss the latest trends and issues facing the sector and the role of technology in the business.

One origination technology provider thinks the many different components of compliance need to be managed from a single system, not only because of compliance risk alone, but also because of buyback or pushback risk.

Automated valuation model provider Veros Real Estate Solutions makes the case for the use of analytical technology in determining the value of real estate owned portfolios in a white paper published this week.

CRIF, the Italian financial services provider, this week continued its buying spree of credit union lending software companies with the acquisition of Cypress Software Systems.