OpenClose Mortgage Software, developers of Web-based, loan origination software (LOS), has released the enhanced editing version that improves the accuracy of information flow in the new Good Faith Estimate (GFE). The GFE lockdown "significantly improves" accuracy of loan documents allowing for those lenders to gain better control of 2010.Read more

Mortgage Builder, a leader in loan origination software (LOS) technology for the mortgage industry, has created the new client-focused position and has appointed Kelli Himebaugh vice president, client development to further invest in customer service as the company continues its record-breaking growth streak. Previously Mortgage Builder’s sales manager for the western United States, Himebaugh takes on a role that is a departure from the traditional sales role in many technology companies.Read more

Mortgage Builder Software, a provider of loan origination software (LOS) technology, has announced its strategic alliance with Cenlar FSB, a subservicer of mortgage loans. Mortgage Builder has integrated with Cenlar to provide a seamless process for boarding closed mortgage loans from its LOS system directly to the Cenlar servicing platform. The new association began with both companies’ relationship with the Lenders One Mortgage Cooperative, an alliance of independent mortgage bankers that originates more loans than any non-bank mortgage company in the United States.Read more

Mortgage Builder Software, a provider of loan origination software (LOS) technology, has completed its integration with product eligibility and pricing (PPE) technology provider, NYLX, of Mt. Arlington, N.J.Read more

Avista Solutions, a Web-based mortgage loan origination software (LOS) company, has announced the completion of its integration with verification service company Kroll Factual Data. This direct integration allows Avista Solutions customers to pull credit through Kroll without leaving the Avista Agile LOS system.

“We’ve had many customers request access to Kroll for credit reports,” said Avista Solutions Chief Executive Officer Mark Phlieger. “We are pleased to be able to provide this direct integration to meet our customers’ requests.”Read more

MRG Document Technologies (MRG), a provider of mortgage document preparation and compliance technology to banks, credit unions and other lenders nationwide, has announced that Meridian Bank has chosen MRG’s Miracle Online platform for its mortgage document preparation needs. Devon, Pa.-based Meridian Bank chose MRG’s Miracle Online to grow the bank’s loan volume without significantly increasing workload.Read more

Advantage Systems, a provider of accounting and contract management tools for the mortgage and real estate industries, has announced that St. Louis-based Cornerstone Mortgage Inc. has selected its Accounting for Mortgage Bankers (AMB) system for the lender’s mortgage accounting needs.Read more

A lot of companies in the middle of transformation and reinvention often call upon the skills and resources of outside consultants to propel them from where they were to where they want to go… Mortgage Dashboard made theirs chief executive officer. The Dallas-based loan origination software (LOS) company has named corporate business strategist and acclaimed speaker and trainer Rene F.Read more

Avista Solutions, a provider of Web-based, end-to-end mortgage loan origination software (LOS), has added a record number of new customers, 23, in the past six months.Read more

Ellie Mae Inc. has announced that it has filed a registration statement on Form S-1 with the U.S. Securities & Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of shares of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined. The shares of common stock to be sold in this offering are proposed to be sold by Ellie Mae and certain stockholders.Read more