Bridging The Gap

Cheaper and faster appraisals
Automated valuation models are quick, but are they accurate?
Inman.com May 23

Cyberspace’s ‘big spenders’
Real estate companies among top spenders on online marketing
Inman.com May 22

Consumers Shop Online,Then Follow-Up Locally
Discussion of recent MBA survey
RealtyTimes.com May 21

Web Site to Offer Advice on Ending PMI Payments
PrivateMI.com walks borrowers through process
WashingtonPost.com May 19

Real Estate Tech Talk
Practical software tips
RealtyTimes.com May 11

Online Survey Finds Nearly 75% Of Borrowers Used Internet To Check Interest Rates In 2000
MBA reports that 95% of refinancers used Internet for some part of the mortgage process
MortgageDaily.com May 9

Vital Standards Adopted For Paperless Transactions
Mortgage Bankers, Fannie agree on framework that will make e-mortgages a reality
MortgageDaily.com May 8

Realty technology stocks
Real estate shares post mixed results this week
InmanNews.com May 4

Many search, few apply
Online mortgages have yet to catch on, but the industry thinks it has solutions
ChicagoTribune.com April 29

New Century Takes Total Loss On LoanTrader Investment
$1.1 million charge taken in first quarter
MortgageDaily.com April 26

War Of The Words
NAR, HomeAdvisor both claim top traffic position
MortgageDaily.com April 20

Two Mortgage Trading Sites Team Up For Larger Mkt Share
HanoverTrade.com, an online trading exchange of asset loans, said it has iinvested in VerticalCrossings.com Inc. in exchange for its real-time trading technology
WSJ.com April 11 (subscription required)

Freddie Mac Giving Employees a Chance to Change Fields
Company will usher about two dozen employees into an intense, four-month course designed to mold them into techies
WashingtonPost.com April 8

Mortgagebot Spins Off
Marshall & Ilsley retains interest along with new investors including GE Mortgage
MortgageDaily.com April 4

E-Loan Obtained $37.5M In Financing In March, Early April
Annual report discloses that E-Loan obtained $5 mil in interim financing from promissory notes to 2 existing stockholders, a $25 mil line of credit to be used for interim financing of auto loans, and a loan agreement with an officer and stockholder for a $7.5 mil demand line of credit
WSJ.com April 3 (subscription required)

Fed sets rules for online financial disclosures
If disclosures not e-mailed directly to customers, then they must receive notification where documents posted & info must remain available on a Web site for at least 90 days
Yahoo.com March 29

Mortgage technology
Recent acquisitions make Ellie Mae powerhouse in loan origination systems
Inman.com March 28

Lending Revenue Growth Rate Hits 75% at Intuit
Quicken lending business had been growing 35% to 50% before recent rate cuts
LendingIntelligence.com March 28

E-Loan gets a boost from Raymond James
Analyst said recent industry volume surge likely to benefit E-Loan & raised his 2001 revenue estimate 18 percent to $46 million
Marketwatch.com March 27

After Being Kept Secret for Years, Credit Scores Go Online
Fair, Isaac & Co. teamed online with Equifax Inc. to provide FICO scores and other personal credit information to consumers nationwide this week
WashingtonPost.com March 23

Magic@Myers
MGIC partners with Myers to provide online MI orders
MortgageDaily.com March 13

Commercial Mortgage Firms Must Enter ‘C-Commerce’ Era
MBA white paper on e-commerce
MBAA.org March 12

IndyMac Bank Ranked #1 Mortgage Site for 3rd Consecutive Quarter by Gomez
Company announcement points out that this is first time any lender held spot for three consecutive quarters
Yahoo.com March 6

To E, or Not To E?
Industry executives speculate about electronic mortgage transactions
MortgageDaily.com March 2

Technology’s Helping Hand
Industry executives discuss mortgage servicing technology
MortgageDaily.com February 22

HomeAdvisor Technologies splits up
MSN gets HomeAdvisor, Realty Desktop; mortgage division for sale
MortgageDaily.com February 15

S&P Acquires Charter Research
Purchase enables S&P to provide credit risk management services to commercial mortgage market
MortgageDaily.com February 15

CitiGroup Buys iOwn
Few details of deal for online lender are disclosed
MortgageDaily.com February 13

Countrywide E-fundings Rise 336%
e-Commerce fundings $2.4 billion in January
MortgageDaily.com February 9

eHome files Chapter 11
Company trying to reorganize around tech-driven B-to-B business model
MortgageDaily.com February 08

Indexing Online Mortgages
Myers Internet Services to track online mortgage applications and rates
MortgageDaily.com February 7

Tech Talk
Industry executives talk about application service providers
MortgageDaily.com February 6

Commercial Mortgage Technology’s Future
Panel discusses what to expect in real estate finance technology
MortgageDaily.com February 6

Stewart To Deliver Fully Electronic Mortgage Closing Service
eOriginal technology enables execution, storage, & ownership transfer of electronic mortgage documents
MortgageDaily.com January 29

E-loan Quarterly Loss Falls From 1999
4th quarter mortgage loan sales were $344.8 million
MortgageDaily.com January 26

E-loan Enters Home Equity Lending
Company sold 342 home equity loans for a total dollar volume of $13.9 million in fourth quarter
MortgageDaily.com January 26

Myers Internet Services Forms Strategic Alliance with New Century Mortgage Corporation
New Century brokers now able to submit loan applications via Internet
MortgageDaily.com January 24

What’s The Score?
Credit Scores And How They Are Determined
MortgageDaily.com January 12

E-Loan Shares Up 567% From Low Last Month
Company announced today that 4th quarter auto loan volume up 190% over 1999
MortgageDaily.com January 10

Instant Gratification
Veriscore enables lenders to expedite permanent corrections to erroneous credit reports
MortgageDaily.com January 10

Minton To Lead MBA’s Industry Technology Efforts
Hiring of Minton is part of MBA decision to restructure and elevate its technology-related committees
MortgageDaily.com January 9

LoanPage.com Files Lawsuit Against AOL
Mortgage search engine claims AOL intentionally breached advertising contract
MortgageDaily.com January 6

E-loan Shares Trade At All-Time Low
Shares of the Internet mortgage company off 98% from 1999 high
MortgageDaily.com December 18

Twenty Six Percent of Brokers In Survey Access Rate Sheets Over Internet
MediaLinq survey of 200 mortgage brokers
MortgageDaily.com December 12

Click2Doc Gives POINT® Users “Free” Same Day Document Delivery
Originators can email Point documents to borrowers; no special software required by borrowers
MortgageDaily.com December 12

Internet-i-gration
LandSafe to integrate online order system for closing services
MortgageDaily.com November 6

Digital Notary
Company Offers Digital Notary Service
MortgageDaily.com November 3 (revised November 9)

Mortgage Bids
Priceline Applies Auction Model To Mortgage Lending
MortgageDaily.com November 2

Fair Isaac Makes Reason Code Explanations Available to Consumers
FicoGuide.com Enables Buyers To Better Understand How Their Credit Scores Are Calculated
MortgageDaily.com November 2

Bridging The Gap
LoanTrader.com Providing Technology For The Technophobic Subprime Mortgage Industry
MortgageDaily.com November 2