LenderMobile, a provider of mobile mortgage loan applications for iPads, has added two new features to its LenderMobile+ flagship app in response to users’ requests. The new imaging feature lets loan originators and borrowers take photos of documents with the iPad camera and add the images to loan files through cloud computing technology. Plus, the new loan notes feature lets users add notes to a loan file directly from their iPad.Click to continue
Mortgage Builder has agreed to acquire GCC Servicing Systems, a loan servicing software provider that shares 35 years of history with its new owner. GCC is the creator of G/Serv, a mortgage servicing software popular with mid-tier lenders, community banks, credit unions and mortgage companies, a market sector also well-served by Mortgage Builder. The teaming of the two technologies comes at a time when many lenders are retaining servicing rights and responsibilities rather than using subservicers and selling loans on a servicing released basis.Click to continue
Despite the fact that Americans overwhelmingly support homeownership, legislative and regulatory proposals now under consideration would greatly harm homeowners, homebuyers, the housing market and the nation's economy.Click to continue
Financial Industry Computer Systems Inc. (FICS), a provider of loan origination software (LOS) for the mortgage industry, released the third generation of its comprehensive LOS platform, Loan Producer Version 6.00. Current technological advancements provide the basis for this completely rewritten infrastructure and revitalized graphical user interface. The most significant benefit to lenders is the streamlined workflow and usability of the rich user interface, which provides simple navigation and a more efficient workflow for managing loan applications.Click to continue
Lenders Compliance Group Inc. (LCG) has announced the formation of Brokers Compliance Group, a new mortgage compliance service exclusively devoted to offering regulatory compliance support to mortgage brokers and loan originators (LOs).Click to continue
San Diego-based DataQuick, a provider of advanced real estate information solutions powered by data, analytics and decisioning, has released CMV-Portfolio, a flexible automated valuation tool that uses confidence scores and configurable business rules to optimize portfolio risk management decisions. To provide users a higher level assurance in their portfolio decisions, each CMV-Portfolio property value is delivered with a confidence score, indicating the precise level of accuracy associated with the value together with a Forecast Standard Deviation (FSD), which represents the probabilClick to continue
Wipro Gallagher Solutions (WGS) has announced the launch of Enterprise Mobile Origination, a native iOS lending productivity suite for the iPad, designed to enable sales teams in the field to run and originate new loans of all types. The Enterprise Mobile Origination application integrates with any loan origination system (LOS), including WGS’ NetOxygen LOS, and provides all the tools to keep sales informed and connected to the customer. The application monitors leads and manages all associated contacts through the entire lending process.Click to continue
Mortgage Builder, a provider of loan origination software (LOS), has announced that it has completed a technology integration with InHouse Inc. of Jacksonville, Florida, providers of the InHouse Connexions appraisal management platform. The integration came as a result of requests by Mortgage Builder clients that the InHouse technology be integrated with the Mortgage Builder LOS, as they preferred the appraisal management capabilities and flexibility InHouse offers. Click to continue
ServiceLink has announced expanded the availability of its HARP 2.0 solutions to lenders nationwide, including regional and smaller national lending institutions, which stand to benefit most from this enhanced government program. To date, ServiceLink has successfully completed hundreds of thousands of HARP transactions for its customers, helping borrowers stay in their homes in the process. HARP transactions may be submitted to ServiceLink in a variety of ways, including custom systems integration, the company's Web site or through third-party transaction platforms.Click to continue
Coester Appraisal Group has announced the launch of its Cloud Control Compliance Center, a new tool that lenders can use to ensure compliance with all major industry regulations, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, Truth-in-Lending Act (TILA), and more. Cloud Control’s Compliance Center, which can be custClick to continue