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Mortgage Banking

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TRANZACT acquires MarketerNet.(TechNewz)
Fort Lee, New Jersey-based TRANZACT--a portfolio company of Veronis Suhler Stevenson, New York, and a customer-acquisition solutions provider for large brands--announced that it has enhanced . . .

Calyx Software integrates hazard-insurance category into Point.(TechNewz)(Brief article)
Dallas-based Calyx Software has announced it has added a hazard-insurance category in the Calyx Network, which connects users of Calyx Point(R) loan origination software with . . .

FICS rolls out BusinessObjects tools for Commercial Servicer solution.(TechNewz)(Brief article)
Dallas-based Financial Industry Computer Systems Inc. (FICS [R])--a mortgage technology specialist that provides in-house residential origination and servicing technology and commercial servicing . . .

Mortgage Cadence releases Orchestrator 5.1.(Tech Newz)(Brief article)
Greenwood Village, Colorado-based Mortgage Cadence Inc., a provider of enterprise lending solutions (ELS) for the financial services industry, has announced the release of Mortgage Cadence . . .

Blue Adobe Mortgage selects Sollen's Lender Online.(Tech Newz)
Sollen Technologies, Dallas--an Internet-based application services provider (ASP) of product, pricing and best-execution capabilities for the mortgage industry--announced it has been chosen by . . .

Xerox unveils electronic signature feature for mortgages.(TechNewz)(Xerox Mortgage Services)(Brief article)
In a move designed to provide the mortgage industry with a secure and convenient way to complete mortgage loans without the need to sign hard-copy documents, Xerox Mortgage Services, Rochester, New . . .

Two California lenders select PriceMyLoan.(TechNewz)(Drexel Lending Group )(Rancho Cucamonga)(MSM Lender )(Brief article)
Costa Mesa, California-based PriceMyLoan (PML) has been selected by two California mortgage lenders. Ontario, California-based Drexel Lending Group and Rancho Cucamonga, California-based MSM Lender . . .

MBA white paper addresses basic online security fixes.(TechNewz)
As concern about protection of personal information escalates, and as the statutory and regulatory compliance landscape becomes more complex, look for the demand on an . . .

Atlantic Coast Mortgage Group selects OpenClose Solutions.(TechNewz)
West Palm Beach, Florida-based OpenClose Solutions announced in June that Fort Lauderdale, Florida-based startup lender Atlantic Coast Mortgage Group has selected OpenClose--a Web-based, end-to-end . . .

LendingTree taps LXE Software for its LoanXEngine solution.(TechNewz)
LXE Software Inc., Denver--a software company specializing in lead management, customer relationship management (CRM), pricing and point-of-sale technology for the residential . . .

The online opportunity: a new survey of mortgage borrowers by Deloitte Consulting reveals why some apply online--and others don'
Most everyone in the mortgage industry would agree that these are tough times for lenders. While some are asking, "What's next?" and "Who's next?," many lending executives are asking themselves a . . .

A new mortgage tech brand: an India-based company--ISGN Technologies Inc.--has been steadily acquiring mortgage technology and s
A number of familiar names in the mortgage technology industry, such as MortgageHub Inc., Conshohocken, Pennsylvania, and Dynatek Inc., Livonia, Michigan, will begin to disappear this year. It's . . .

Caught between too little and too late.(MORTECH Musings)
In the throes of distressed credit markets, lenders have had to take deep losses in their mortgage-backed securities (MBS) and asset-backed securities (ABS) portfolios. Lenders and investors . . .

Google Apps for the small to medium-sized enterprise.(Letter to CIOs)
If you're a small to medium-sized mortgage company, I've learned first-hand about a way to reduce your yearly information technology (IT) investment while enhancing your team's performance. It's . . .

Art the LOS vendors bnehaving?(Cyberthoughts)
The loan origination system (LOS) has been around since 1982. At this point, it's not only mature; it's just old. Still, I have a lot of complaints. I've often dreamed about how an LOS . . .

Industry technology in interesting times.(MISMO Memo)
"May you live in interesting times." Though it sounds at first like some sort of blessing, this saying is the English translation of a mild curse from ancient Chinese. According to Wikipedia, . . .

The rush to vanilla.(Download This)
There is much change afoot in the mortgage industry--not the least of which is in the origination technology sector. Projects are having scope reductions, being deferred or cancelled altogether. . . .

eMortgage servicing update.(The Pace of the Future)(Column)
There have been watershed events occurring in eMortgage servicing, including successful foreclosures against eNotes. When I was first introduced to the concept of eMortgages in the 1990s, one of . . .

Hot and cold markets.(Statistical table)(Brief article)
Top 10 Gainers in Loans Closed (April 2008-May 2008) Rank State % Change 1 Kansas 12.7% 2 Vermont 7.2% 3 Nebraska 1.4% 4 West Virginia . . .

Kelli Himebaugh.(Techy People)
Kelli Himebaugh has been named sales manager, based in Phoenix, for the new western division of Southfield, Michigan- based Mortgage . . .

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