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The Tech aTTack

 

The Tech aTTack

Recent mortgage technology activity

October 3, 2007

By COCO SALAZAR

photo of Coco Salazar
The latest technological advancements in real estate finance span the mortgage process from the lead generation phase to the foreclosure workout phase.

The Federal Home Loan Bank of Topeka replaced its DOS-based General Ledger accounting system with that of FlexiLedger to improve productivity in the accounting department, Flexi announced

Astonish Results added a new virtual loan department to part of a larger digital marketing system provided to Leading Edge Mortgage.

Compliance University On-Line Learning expanded its Web-based educational services for banks and credit unions by 11 courses, Wolters Kluwer Financial Services announced.

The Alabama Bankers Association endorsed the ComplianceOne solution of Wolters Kluwer for manage compliance and operational risk across multiple business lines. Through the single delivery platform, the service reportedly creates a complete consumer, commercial and mortgage loan, as well as an IRA or new deposit account, Wolters reported.

Communication Intelligence Corp. launched SignatureOne Web Server, a server-based eSignature solution that enables customers to sign documents electronically using their Web browser. CIC leveraged Safedocs’ document management system to provide specific capabilities needed to process a document for approval purposes.

AllRegs announced new 2006 HMDA Data is available in its LendingPatterns, which it says now analyzes almost 37,000,000 records filed by more than 8,800 lenders in the country and is the only fully accessible national HMDA database on the Internet.

The Mortgage Bankers Association created the Residential Technology Providers Forum, which is dedicated to identifying and communicating issues relevant to residential software and services providers. The forum is intended to provide a broader membership opportunity for technology providers than the current Residential Technology Software and Services Subcommittee, which is being eliminated. Enrollment will be open through Oct. 12. The forum will meet for the first time on Oct. 14 at MBA’s annual convention in Boston, Mass.

Heart Financial Services will use EarlyResolution mortgage default solution to handle its recently launched home retention assistance business, program provider Computer Sciences Corp. announced. Customized workout programs will be recommended for delinquent borrowers.

Mortgage Marvel provides rate comparison leads where prospective borrowers spend less time online shopping and don’t need to divulge personal information or complete an application, Mortgagebot LLC announced.

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