Technology

In today’s mortgage market, there are three big challenges facing some lender customers of Wipro Gallagher Solutions. These include how to improve loan officer productivity in the branches or retail scenarios, dealing with compliance or loan quality, and third, the focus on customer service.

Fiserv this week rebranded its multiple product loan servicing platform, calling it LoanServ.

CoreLogic Credco has unveiled a new product called the LQ GAP report, which is designed to help residential lenders comply with Fannie Mae's 'Loan Quality Initiative' by identifying and summarizing any changes in an applicant's credit report between pre-approval and pre-funding.

Short sales and efforts to minimize losses are attracting a lot of market attention but one additional catalyst for change is fraud.

Warren, Michigan-based provider of commercial and residential mortgage default management solutions Five Brothers has introduced a new tool that helps speed up and simplify the preparation, delivery, notarization and tracking of all mortgage documents.

Hundreds of American Credit Union Mortgage Association members will convene on September 15-18 in Las Vegas to attend its national conference.

DocuLynx Inc., a provider of document archive and retrieval solutions, has acquired the docHarbor online and document management divisions of Anacomp, a company that specializes in business process solutions, for a purchase price of $27.5 million.

Regulatory changes continue to largely drive automation for those on the production side, especially when it comes to documents, according to executives at DocMagic Inc., Carson, Calif., which does business as Document Systems Inc.

MILFORD, CT—The TMS Funding wholesale division that Internet retail lender Total Mortgage Services expanded from a small test group to 17 states recently plans to continue to grow gradually but serve brokers efficiently using paperless processing once they sign on.

Automated mortgage compliance systems for anything from RESPA to taxes are in demand.After successfully testing its new Electronic Closing Network module for HUD, eLynx (a portfolio company of American Capital) said it will officially roll out the RESPA compliance enterprise system designed to connect lenders to the nation's largest title underwriters.