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Mortgage Technology News

Last Updated Saturday, September 15, 2001 06:48 PM CST


Mortgage Technology News
Coverage of mortgage technology including loan origination
systems, automated valuation models and online originator tools.
news for PCs | news for mobile devices | mortgage news feed


Realty tech stocks
A win-some-and-lose-some week on Wall Street for real estate stocks
Friday, May 25
Cheaper and faster appraisals
Automated valuation models are quick, but are they accurate?
Inman.com May 23

Cyberspace's 'big spenders'
Real estate companies among top spenders on online marketing
Inman.com May 22
Consumers Shop Online,Then Follow-Up Locally

Discussion of recent MBA survey
RealtyTimes.com May 21
Web Site to Offer Advice on Ending PMI Payments

PrivateMI.com walks borrowers through process
WashingtonPost.com May 19
Real Estate Tech Talk

Practical software tips
RealtyTimes.com May 11
Online Survey Finds Nearly 75% Of Borrowers Used Internet To Check Interest Rates In 2000
MBA reports that 95% of refinancers used Internet for some part of the mortgage process
MortgageDaily.com May 9
Vital Standards Adopted For Paperless Transactions
Mortgage Bankers, Fannie agree on framework that will make e-mortgages a reality
MortgageDaily.com May 8
Realty technology stocks
Real estate shares post mixed results this week
InmanNews.com May 4
Many search, few apply

Online mortgages have yet to catch on, but the industry thinks it has solutions
ChicagoTribune.com April 29
New Century Takes Total Loss On LoanTrader Investment
$1.1 million charge taken in first quarter
MortgageDaily.com April 26
War Of The Words
NAR, HomeAdvisor both claim top traffic position
MortgageDaily.com April 20
Two Mortgage Trading Sites Team Up For Larger Mkt Share

HanoverTrade.com, an online trading exchange of asset loans, said it has iinvested in VerticalCrossings.com Inc. in exchange for its real-time trading technology
WSJ.com April 11
(subscription required)
Freddie Mac Giving Employees a Chance to Change Fields
Company will usher about two dozen employees into an intense, four-month course designed to mold them into techies
WashingtonPost.com April 8

Mortgagebot Spins Off
Marshall & Ilsley retains interest along with new investors including GE Mortgage
MortgageDaily.com April 4

E-Loan Obtained $37.5M In Financing In March, Early April
Annual report discloses that E-Loan obtained $5 mil in interim financing from promissory notes to 2 existing stockholders, a $25 mil line of credit to be used for interim financing of auto loans, and a loan agreement with an officer and stockholder for a $7.5 mil demand line of credit
WSJ.com April 3
(subscription required)
Fed sets rules for online financial disclosures
If disclosures not e-mailed directly to customers, then they must receive notification where documents posted & info must remain available on a Web site for at least 90 days
Yahoo.com March 29

Mortgage technology
Recent acquisitions make Ellie Mae powerhouse in loan origination systems
Inman.com March 28
Lending Revenue Growth Rate Hits 75% at Intuit
Quicken lending business had been growing 35% to 50% before recent rate cuts
LendingIntelligence.com March 28

E-Loan gets a boost from Raymond James
Analyst said recent industry volume surge likely to benefit E-Loan & raised his 2001 revenue estimate 18 percent to $46 million
Marketwatch.com March 27

After Being Kept Secret for Years, Credit Scores Go Online
Fair, Isaac & Co. teamed online with Equifax Inc. to provide FICO scores and other personal credit information to consumers nationwide this week
WashingtonPost.com March 23

Magic@Myers
MGIC partners with Myers to provide online MI orders
MortgageDaily.com March 13

Commercial Mortgage Firms Must Enter 'C-Commerce' Era
MBA white paper on e-commerce
MBAA.org March 12

IndyMac Bank Ranked #1 Mortgage Site for 3rd Consecutive Quarter by Gomez
Company announcement points out that this is first time any lender held spot for three consecutive quarters
Yahoo.com March 6

To E, or Not To E?
Industry executives speculate about electronic mortgage transactions
MortgageDaily.com March 2

Technology's Helping Hand
Industry executives discuss mortgage servicing technology
MortgageDaily.com February 22

HomeAdvisor Technologies splits up
MSN gets HomeAdvisor, Realty Desktop; mortgage division for sale
MortgageDaily.com February 15

S&P Acquires Charter Research
Purchase enables S&P to provide credit risk management services to commercial mortgage market
MortgageDaily.com February 15

CitiGroup Buys iOwn
Few details of deal for online lender are disclosed
MortgageDaily.com February 13

Countrywide E-fundings Rise 336%
e-Commerce fundings $2.4 billion in January
MortgageDaily.com February 9

eHome files Chapter 11
Company trying to reorganize around tech-driven B-to-B business model
MortgageDaily.com February 08

Indexing Online Mortgages
Myers Internet Services
to track online mortgage applications and rates
MortgageDaily.com February 7

Tech Talk
Industry executives talk about application service providers
MortgageDaily.com February 6

Commercial Mortgage Technology's Future
Panel discusses what to expect in real estate finance technology
MortgageDaily.com February 6

Stewart To Deliver Fully Electronic Mortgage Closing Service
eOriginal
technology enables execution, storage, & ownership transfer of electronic mortgage documents
MortgageDaily.com January 29

E-loan Quarterly Loss Falls From 1999
4th quarter mortgage loan sales were $344.8 million
MortgageDaily.com January 26

E-loan Enters Home Equity Lending
Company sold 342 home equity loans for a total dollar volume of $13.9 million in fourth quarter
MortgageDaily.com January 26

Myers Internet Services Forms Strategic Alliance with New Century Mortgage Corporation
New Century brokers now able to submit loan applications via Internet
MortgageDaily.com January 24

What's The Score?
Credit Scores And How They Are Determined
MortgageDaily.com January 12

E-Loan Shares Up 567% From Low Last Month
Company announced today that 4th quarter auto loan volume up 190% over 1999
MortgageDaily.com January 10

Instant Gratification
Veriscore enables lenders to expedite permanent corrections to erroneous credit reports
MortgageDaily.com January 10

Minton To Lead MBA's Industry Technology Efforts
Hiring of Minton is part of MBA decision to restructure and elevate its technology-related committees
MortgageDaily.com January 9

LoanPage.com Files Lawsuit Against AOL
Mortgage search engine claims AOL intentionally breached advertising contract
MortgageDaily.com January 6

E-loan Shares Trade At All-Time Low
Shares of the Internet mortgage company off 98% from 1999 high
MortgageDaily.com December 18

Twenty Six Percent of Brokers In Survey Access Rate Sheets Over Internet
MediaLinq
survey of 200 mortgage brokers
MortgageDaily.com December 12

Click2Doc Gives POINT® Users "Free" Same Day Document Delivery
Originators can email Point documents to borrowers; no special software required by borrowers
MortgageDaily.com December 12

Internet-i-gration
LandSafe
to integrate online order system for closing services
MortgageDaily.com November 6

Digital Notary
Company Offers Digital Notary Service
MortgageDaily.com November 3
(revised November 9)
Mortgage Bids
Priceline
Applies Auction Model To Mortgage Lending
MortgageDaily.com November 2

Fair Isaac Makes Reason Code Explanations Available to Consumers
FicoGuide.com
Enables Buyers To Better Understand How Their Credit Scores Are Calculated
MortgageDaily.com November 2

Bridging The Gap
LoanTrader.com
Providing Technology For The Technophobic Subprime Mortgage Industry
MortgageDaily.com November 2
hosted by USANow.net

05.31.01
LoansDirect Funds More Than $1 Billion

05.29.01
Washington Mutual Names Jerry Gross New CIO

05.23.01
First Union Securities, CIT Join LoopNet in Launching FinanceNow

05.18.01
In Electronic Age, Some Properties Sell Better At Auction

05.16.01
Ultraprise Corporation Awarded Loan Trading Technology Patent

05.15.01
Commercial Real Estate Industry to Get Answers From Tech Experts And Chart the Industry's Transformation During Realcomm 2001

05.15.01
WMCDirect Passes $4 Billion Milestone

05.09.01
Ocwen Financial Corporation Reports 1st Quarter Loss

05.08.01
TradeWeb Launches Online Mortgage-Backed Securities Market

05.07.01
Factual Data Corp. Hires Stifel Nicolaus to Provide Evaluation And Outline Strategic Alternatives

05.07.01
Freddie Mac To Add Loan Prospector Tools That Enable Lenders To Streamline Mortgage Originations

05.07.01
HomeGain Introduces Help for Homeowners Facing Foreclosure

05.07.01
Dexma Brings Mortgage "Rate Locking" To The Internet

04.26.01
E-LOAN, Inc. Reports Revenues Increased 130%

04.26.01
LION, Inc. Announces Financial Results and Achieves EBITDA Profitability For First Quarter 2001

04.26.01
Automated Valuation Models Useful But Won't Replace Professional Appraisers, Appraisal Institute VP Says

04.26.01
Technology Expanding Housing Opportunity

04.23.01
E-LOAN, Inc., Once Again Gives Consumers Credit Scores for Free

04.19.01
eCloser Unveils
Spider 1.0

04.19.01
Freddie Mac Purchases Tuttle Decision Systems From Microsoft

04.18.01
compareinterestrates.com Generates Over $1.15 Billion in Mortgage Requests During 1st Quarter 2001

04.18.01
Lending Tree Posts Record First Quarter 2001 Results, Continuing on Path Toward Profitability

04.17.01
Loansoft Boosts Software Development Team

04.16.01
LION, Inc. Opens 38 New Regions in B2B Marketplace

04.16.01
American Residential Investment Trust, Inc. Signs Letter of Intent with LoanCity

04.16.01
NetBank, Inc. Reaches Agreement to Acquire Market Street Mortgage

04.13.01
The LoanTrader.com Marketplace Winds Down Online Operations as it Prepares to Close its Internet Doors
Yahoo.com

04.11.01
Bridgespan Expands to Serve The Commercial Real Estate Industry
MortgageDaily.com
04.11.01
Merrill Lynch and GMAC Commercial Mortgage Explain Benefits of Electronic Signature Technology
Yahoo.com

04.06.01
Course On Manufactured Housing Offered Online
MortgageDaily.com

04.04.01
IMX, Inc. Achieves Record Growth
MortgageDaily.com

04.03.01
Pedestal Sees Demand Rising For Standing Buy Orders 30 Investors Ready to Purchase Loans
PRnewswire.com

4.02.01
Ocwen Technology Xchange Names New CEO
Yahoo.com

3.27.01
S&P Releases New LEVELS, RMBS Modeling Software
PRnewswire.com

3.27.01
Seventeen Commercial Real Estate Associations Participate in Third Annual Realcomm Technology and E-commerce Conference
Yahoo.com

3.23.01
MSN HomeAdvisor Launches New Home Ownership Content
MortgageDaily.com

3.21.01
LendingTree Closes $45 Million Round of Financing
Yahoo.com

3.21.01
Loan Prospector
® to require no appraisal on loans with 20% down payment
FreddieMac.com

3.21.01
GMAC Commercial Mortgage Launches Realpoint
Yahoo.com

3.21.01
GMAC Commercial Mortgage Selects Visible Markets For Premier CMBS Platform
Yahoo.com

3.20.01
Freddie Mac Banks Success on Net Services from Novell
PRnewswire

3.20.01
iPlace First to Deliver Online, Instant, Three-bureau Merged Credit Report
MortgageDaily.com


3.19.01
Consumers Gain Immediate and Full Access to Credit Score Used by Majority of U.S. Lenders
Yahoo.com
3.19.01
Resource Bancshares Mortgage Group, Inc. Announces Pilot of Its Online Sub- Prime Business-to-Business Lending Service
Individual.com

3.19.01
E-LOAN Offers Five-Day Payout On Home-equity Lines of Credit
Yahoo.com


3.19.01
Greenspoint Technology Center Financed With $24.3 Million Loan Arranged by Holliday Fenoglio Fowler
Individual.com
3.7.01
Centex Home Equity Launches ChecCorrespondent.com
MortgageDaily.com

3.6.01
LandSafe Appoints Mike Rippy To Chief Technology Officer Position
MortgageDaily.com

3.2.01

Option One Mortgage Partners With ENTEX IT Service for Complex IT Standardization Project
Yahoo.com


2.7.01
IMX, Inc. Boasts Record Volume in January
MortgageDaily.com

12.11.00
H&R Block Mortgage To Offer Customers LandSafe's Real Estate Closing Services
MortgageDaily.com


11.13.00
EZdesk.com Mortgage Broker / Originator Hub Reaches Membership Milestone
MortgageDaily.com

11.03.01
HUD Releases FHA Mortgagee Starter Kit Web Page
HUD.gov