Catalizador Private Equity Fund, a team of venture capitalists that includes Jim McMahan, Stewart Hunter and Bryan Harlan of Benchmark Mortgage and other significant Texas-based business partners, has announced the completed acquisition of MortgageDashboard, a leading on-demand loan origination software system enabling paperless mortgage processing for lenders, credit unions and banks. Catalizador took control of MortgageDashboard last fall when the technology firm lost an important line of credit and was on the brink of insolvency.Read more

MRG Document Technologies (MRG), a provider of mortgage compliance technology and services to banks, credit unions and other lenders nationwide, announced that it focused on developing strategic integrations and partnerships in 2009, increasing the number of lenders that access its compliant mortgage document preparation services.

Some of the key alliances include:

► Partnered with Kroll Factual Data to provide clients with access to three of Kroll’s risk assessment services through MRG’s MIRACLE Online compliance software, including a “Reg Flag Rules” plan.Read more

Even with the overall decline in the mortgage industry, Xetus has enjoyed record growth in 2009, with overall revenue growing by 400 percent. “We have had a remarkable year. We are so pleased that XetusOne has significantly increased efficiency and volume for so many new users,” said Scott Stein, Xetus vice president of sales and marketing. “This is a huge advantage from an IT perspective and we are seeing more and more institutions implement XetusOne because of it,” said Stein.Read more

OpenClose Mortgage Software, developers of Web-based, end-to-end mortgage loan origination software, is working with Google to provide loan rate and fee data feeds for Google’s AdWords Comparison Ads for mortgages. The new advertising feature will change the way borrowers search for loan product and pricing information and how mortgage lenders currently generate quality leads via the Internet.Read more

PClender.com Inc. has announced the availability of its Compliance Requirements Summary matrix to assist the lending community with a comprehensive plan for managing current and future regulatory changes with confidence. The free document is available for download andRead more

DocuTech, a provider of mortgage compliance services and documentation technology, has partnered with Wipro Gallagher Solutions (WGS), a provider of loan origination software (LOS) and origination services to the lending industry, to provide complete mortgage document compliance services in WGS’s suite of loan origination systems, including NetOxygen Cirrus. The integration enables lenders to easily generate compliant documents and disclosures from any Web connection.Read more

Byte Software, a provider of loan origination software (LOS) for banks, credit unions, mortgage bankers and mortgage brokers, has released BytePro version 4.1 containing features to meet new Real Estate Settlement Procedures Act (RESPA) requirements. The additions include the new Good Faith Estimate (GFE) and HUD-1 settlement statement which are required for loans originated on or after Jan. 1, 2010. The technology in BytePro 4.1 helps originators comply with some of the more complex aspects of the new RESPA requirements.Read more

Wipro Gallagher Solutions (WGS), an enterprise loan origination software (LOS) technology, has announced the launch of its loan modification software solution. The loan modification software contains functionality that automates the Home Affordable Modification Program (HAMP) and also has the capability to handle other loan modification programs. By leveraging best-of-breed features and functions, WGS has created an intelligent product that guides lenders through all aspects of the loan modification process, from the initial seamless-servicing upload to investor reporting.Read more

DocuTech, a provider of mortgage compliance services and documentation technology, and loan software provider Blueberry Systems of Greenwood Village, Colo. have integrated DocuTech’s Web-based document compliance system, ConformX with Blueberry Systems’ RELAY loan origination software (LOS). The integration adds complete document and disclosure compliance within RELAY’s workflow, keeping all loan data in one system and eliminating redundant data entry.Read more

MRG Document Technologies (MRG), a provider of mortgage technologies to banks, credit unions and other lenders, announced that it has integrated its CompliancePlus data and document compliance process with ISGN’s Diamond enterprise-wide mortgage loan origination software (LOS). Mortgage lenders using Diamond now have enhanced access to compliant loan closing document packages and electronic delivery solutions developed by MRG’s team of lawyers and mortgage industry specialists.Read more