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Mortgage Industry Technology News

Last Updated November 30, 2016 3:34 PM Central

Real Estate Technology Startup Raises $2.3 Mil
A startup real estate technology company has raised millions of dollars that it will use to simplify the process of buying residential properties.

www.elliemae.com

Enhancements Made to Mortgage PPEs
Enhancements recently made to product-and-pricing engines for residential loan products have mostly concentrated on integrations with other mortgage technology products.


www.mortgagedaily.com

Non-Bank Servicing Share Forecasted to Grow
A growing share of the nation's residential loan servicing is expected to be handled by non-banks firms as regulatory scrutiny continues.

Major LOS Enhancements, Integrations
In addition to a host of integrations between various mortgage service providers and loan origination systems, major enhancements have been made to a major LOS.

Appraisers Wary of Freddie's Automated Appraisals
A plan by the Federal Home Loan Mortgage Corp. to abandon formal appraisals on some home-purchase transactions has appraisers up in arms.

Major Information Security Incident at OCC
The Office of the Comptroller of the Currency has reported to Congress a major incident involving thousands of controlled records.

Fannie Offers Immediate Repurchase Risk Relief
Through automated verifications, sellers of residential loans to the Federal National Mortgage Association can immediately avoid the risk of mortgage repurchases.

Mortgage Lenders Enhance Mobile Platforms
Recent advancements in mobile technology improve the application process, synchronize supporting documents and educate prospective borrowers.

Wholesalers Expand Programs, Improve Process
Wholesale lenders have recently added subprime and conventional programs. One wholesaler launched an income verification tool, while another added a broker platform.

Bigger Drop in Fraud Risk on Gov Apps than Conv
Last month, potential fraud on new residential loan applications was no different than in July. A decline in risk on conventional applications was exceeded by the decline on government transactions.

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Mortgage Technology news
Technology news for originators, executives and servicers. Coverage of LOS systems, loan product and p r i c i n g engines and other technology offered to the mortgage industry.

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Originating on Phones, Tablets & PCs
Loan originators are primarily Microsoft users, though they switch to Apple products when utilizing mobile devices, according to the 2012 Loan Originator Survey.



Top Service Providers for Los
The 2012 Loan Originator Survey looked at which service providers are utilized most by mortgage loan officers.



LOS Directory
Directory of loan origination system providers.



LOS Newsletter
Free news for Loan
Origination System
users from Calyx.



LOS News
News about loan origination systems, updates and developments.



Pricing Engine Directory
Directory of companies that provide pricing engines and loan program search technology.



Mortgage Technology Litigation
Activity on mortgage technology lawsuits and settlements from 2007 until fourth-quarter 2012.



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