Ellie Mae releases Encompass 3.0

National Mortgage Professional

Jul 12, 2007

Fidelity National acquires Applied Financial TechnologyMortgagePress.comMortgage technology solutions Fidelity National Information Services Inc. (FIS) has announced that it has acquired Applied Financial Technology (AFT). "By combining the resources, technology and expertise from FIS and AFT, we will be able to deliver market-leading technology solutions to the financial services industry that will enable more information decision-making and increased success in portfolio management," said AFT CEO Michael Bykhovsky. San Francisco-based Applied Financial Technology is a provider of intelligent and predictive risk analytics, analysis and data for the mortgage industry. For more information, call (415) 989-9800 or visit www.aftgo.com. Jacksonville, Fla.-based Fidelity National Information Services Inc. is a provider of core processing for financial institutions. For more information, call (888) 323-0310 or visit www.fidelityinfoservices.com.

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Jul 12, 2007

Tech

Big Purple Dot 'Hires' ChatGPT

Company integrates AI-powered chatbot with its customer relationship management platform.

An AI-powered chatbot now has a job managing customer relations in the mortgage industry. Big Purple Dot (BPD), an Irvine, Calif.-based provider of customer relationship management (CRM) and recruiting solutions for the mortgage and real estate industries, said Thursday it ...

Regulation and Compliance

CFPB Issues Final Rule For Reporting Small Business Lending Data

The rule could affect mortgage originators who work with property investors.

The Consumer Financial Protection Bureau (CFPB) said Thursday it has issued a final rule required by Congress to increase transparency in small business lending, promote economic development, and combat unlawful discrimination. While residential mortgage lenders were alrea...