Technology

Some final tech thoughts from last week’s MBA Annual and this week’s round up of mortgage tech briefs…Tech BuzzOne of the most widely voiced frustrations of tech providers and lenders alike is the Internal Revenue Service’s wet signature requirement on the Request for Transcript of Tax Return, commonly known as Form 4506-T.

Loan origination software developer Calyx made upgrades to two of its platforms and launched a new social media marketing outlet.The Dallas-based technology company released version 7.3 of its Point desktop LOS and PointCentral, the client server application version of the LOS.

Declines in home sales are impacting the volume and value of real estate sales for brokerages across the country. Tree.com, the online lending and real estate listing provider, is responding to drops in its home sales business with a new strategy to franchise its Web-based brokerage to local brokers.

The Work Number, a service of Equifax, and a source for employment, income and deposit verifications, has launched two new automated products: AuditChek and AccountChek.

Mortgage vendor Lender Processing Services, Jacksonville, Fla., late Thursday named Tom Schilling its executive vice president and chief financial officer.

With more borrowers filing legal challenges to foreclosure, many mortgage lenders have turned their back on using MERSCORP Inc., which operates an electronic loan registry, to bring foreclosure actions. Some lenders are even returning to the old-fashioned, paper-based system of physically recording mortgage assignments at county recorder offices to ensure an unbroken chain of title.

Changes in borrower mentality toward debt that emerged on the onset of the foreclosure crisis continue to impact the mortgage lending sector, according to a panel at the Mortgage Bankers Association’s annual convention in Atlanta this week.

The latest generation of the Mortgage Industry Standards Maintenance Organization data model brings new efficiencies and improvements to industry standards for data collection and integrity.

As the mortgage industry looks for ways to entice private investors back into the space, lenders are looking to technology to provide data verification and analysis of the loans they’re originating, according to a panel discussion at the Mortgage Bankers Association’s annual convention in Atlanta.

Valuation Providers Partner for Vacant Land ServiceKirchmeyer & Associates and Valligent have combined resources to offer a new service to provide valuations of vacant residential property lots.