http://www.mortgage-technology.com Mortgage Technology en Copyright 2008, SourceMedia, Inc. and Mortgage Technology. All rights reserved. Fri, 9 May 2008 11:25:03 EDT anthony.garritano@sourcemedia.com http://www.mortgage-technology.com/images/mtlogo.gif http://www.mortgage-technology.com 300 80 http://www.mortgage-technology.com/plus/feature/?story_id=615 As the former EVP of American Brokers Conduit, I know, if you’re going to be in the wholesale lending business today, you have to be in a position to offer mortgage brokers tangible value for working with you. There are few lenders today that truly recognize that the lender/broker partnership is just that. Professional brokers today want to work with a lender that can not only handle their transactions with efficiency and care, but work with them to develop opportunities to grow through today’s challenges. Wed, 7 May 2008 10:30:22 EDT http://www.mortgage-technology.com/newsletter/comtois/?story_id=616 As a means of helping its lender clients remain compliant with various and ever-changing local, state and federal lending laws, San Diego-based mortgage banker technology provider Del Mar DataTrac Inc. has integrated with Laguna Hills, Calif.-based QuestSoft in the newest release of its Vendor Service Platform 2.0. QuestSoft is a compliance-software development firm specializing in the Home Mortgage Disclosure Act, Community Reinvestment Act, flood determination and complete automated compliance management to mortgage companies. Thu, 8 May 2008 12:05:14 EDT http://www.mortgage-technology.com/newsletter/guest/?story_id=617 How many of you subconsciously hit your brakes when you see a police officer on the side of the road? Most of us aren’t traveling that fast, but the visible threat of enforcement kicks in a minor hit of panic and doubt. What if I am going too fast? What if the speed limit changed? Did I not see the sign? When it comes to lending regulations, many of us are taking that same approach. We see pending disclosure and compliance regulations up ahead, and we slam our brakes, we stop offering loan products. The fear is we won’t be able to navigate the new rules without losing our money and our minds. Thu, 8 May 2008 12:29:56 EDT http://www.mortgage-technology.com/newsletter/garritano/?story_id=618 As lenders clamor to be more efficient and cut costs, the e-mortgage seems like the right way to go. It’s not uncharted territory and lenders have realized the value. Also, as the industry looks at ways to increase transparency and restore confidence, adopting a truly e-process where the documents are self validating as they are in the SMART Doc world, ensures the authenticity of the collateral. So what’s the problem? The GSEs have been the only investors accepting e-mortgages, but when they make up such a huge portion of the market like they do now that subprime has gone away that’s no longer a hindrance. E-recording adoption continues to steadily pick up as well. MISMO has matured and is truly a standard. So why can’t the warehouse lenders get with the program? Thu, 8 May 2008 14:09:58 EDT http://www.mortgage-technology.com/plus/spotlight/?story_id=614 How far away are we from mainstream e-mortgage adoption? Will the need to be more transparent drive e-mortgage adoption this year? In the midst of the turmoil, lenders are talking technology. So, what exactly are they talking about? Mark Phlieger, president and CEO of origination vendor Avista Solutions, talked with our editor Tony Garritano about what he’s seeing in the market. Fri, 2 May 2008 17:44:07 EDT http://www.mortgage-technology.com/video/ <ul> <li>Wells' Expanded "E" Strategy</li> <li>The Benefits of Retooling the Process</li> <li>What Mortgage Can Learn from other Industries</li> <li>Predictions on Industry Recovery</li> <li>Technology’s Role in Industry Recovery</li> </ul> http://www.mortgage-technology.com/video/?id=3 4/29/08 http://www.mortgage-technology.com/plus/blog/?id=361 There’s a lot of talk about how the process has to change. But who’s going to change it? When you think about it the CEO, CIO, COO and CTO all have their own personal motivations to consider so none can really take command of the whole process. That’s why I think every lender needs a PRISE. http://www.mortgage-technology.com/plus/blog/?id=361 Sun, 4 May 2008 00:May:00 Z http://www.mortgage-technology.com/plus/#1210176008 Fiserv Inc., a Brookfield, Wis.-based provider of information technology services to the financial industry, has announced the acquisition of rights to Portellus Inc.'s loan origination system technology. Wed, 7 May 2008 12:00:08 EDT http://www.mortgage-technology.com/plus/#1210089618 Mortgage Consumer Advocates Inc., a Houston-based nonprofit organization, has unveiled a mortgage consumer advocacy website aimed at educating consumers on the mortgage industry and home loan finance. Tue, 6 May 2008 12:00:18 EDT http://www.mortgage-technology.com/plus/#1210089613 Home values fell 1.6% in the first quarter, dropping to a level 7.7% below that of a year earlier and posting "the most significant year-over-year decline in the past 12 years," according to Zillow.com, an online real estate community based in Seattle. Tue, 6 May 2008 12:00:13 EDT http://www.mortgage-technology.com/plus/#1210003215 Veteran securitization market expert Bruce Miller has come on board Digital Risk to lead its structured finance consultancy. Mon, 5 May 2008 12:00:15 EDT http://www.mortgage-technology.com/plus/#1210003213 Pleasanton, Calif.-based Ellie Mae has updated Banker and Custom Editions of the Encompass mortgage management system, adding many new enhancements. Mon, 5 May 2008 12:00:13 EDT http://www.mortgage-technology.com/plus/#1210003212 NYLX, Mt. Arlington, N.J., has announced enhancements to LoanDecisions, its all-in-one product eligibility and pricing engine, aimed at making it more of a real-time tool. Mon, 5 May 2008 12:00:12 EDT http://www.mortgage-technology.com/plus/#1210003211 Equifax Inc. has launched an analytical tool designed to give mortgage investors deeper insight into mortgage borrower credit behavior. Mon, 5 May 2008 12:00:11 EDT http://www.mortgage-technology.com/plus/#1209744011 Leads360 Inc., a Los Angeles-based lead management software company, and NYLX Inc., a New York city-based provider of loan-eligibility and pricing systems, have announced an integration of their technology platforms. Fri, 2 May 2008 12:00:11 EDT http://www.mortgage-technology.com/plus/#1209657605 Eagan, Minn.-based AllRegs, which has been providing product and underwriting guidelines to the mortgage industry for nearly 20 years, has acquired Merit Matrix, a division of IntraPrise Solutions Inc. headquartered in Warminster, Pa. Thu, 1 May 2008 12:00:05 EDT http://www.mortgage-technology.com/plus/#1208966408 MRG Document Technologies, Dallas, has announced an alliance with Lydian Data Services, a Boca Raton, Fla.-based provider of end-to-end outsourcing services for mortgage operations. Wed, 23 Apr 2008 12:00:08 EDT http://www.mortgage-technology.com/plus/magazine/2008-04/april2008.pdf Download the entire issue as a single, 5.9 MB PDF, or grab the stories individually below: http://www.mortgage-technology.com/plus/magazine/2008-04/april2008.pdf Fri, 11 Apr 2008 18:27:08 EDT http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-editorsnote.pdf E-mortgage adoption gets renewed momentum. http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-editorsnote.pdf Fri, 11 Apr 2008 18:27:08 EDT http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-lenderviews.pdf Ditech talks about how online lenders have paved the way in terms of technology innovation. http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-lenderviews.pdf Fri, 11 Apr 2008 18:27:08 EDT http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-techperspectives.pdf LSK Consulting offers survival tips for wholesale lenders. http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-techperspectives.pdf Fri, 11 Apr 2008 18:27:08 EDT http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-techstats.pdf Online lending thrived in the fourth quarter of 2007. http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-techstats.pdf Fri, 11 Apr 2008 18:27:08 EDT http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-feelingthesqueeze.pdf Lenders beware: Don't pick your vendor partners before you take a careful look. http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-feelingthesqueeze.pdf Fri, 11 Apr 2008 18:27:08 EDT http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-increasepullthrough.pdf Use technology wisely to get more volume in a down market. http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-increasepullthrough.pdf Fri, 11 Apr 2008 18:27:08 EDT http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-homerunorfoulball.pdf Industry experts discuss when the market will come back and what role technology will play. http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-homerunorfoulball.pdf Fri, 11 Apr 2008 18:27:08 EDT http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-liningupforeleads.pdf Taking a clear look at electronic lead generation could pay off. http://www.mortgage-technology.com/plus/magazine/2008-04/april2008-liningupforeleads.pdf Fri, 11 Apr 2008 18:27:08 EDT