Digital Finance

First American CoreLogic introduced Atone, a new Web-based workflow management tool that is the first collaborative workspace solution exclusively for mortgage banking. Atone eliminates expensive customization and long information technology lead times typically required, running in parallel with any existing loan origination system, resulting in reduced costs and streamlined loan decisions, according to an e-mail statement by a CoreLogic spokeswoman.

DocuSign announced it has finalized partnership agreements with Upside Software, Allied Solutions, Global Client Solutions, XwareNet and Document Systems Inc. DocuSign, which provides digital signature services that can be integrated into other applications, said it has recorded nearly 6 million signature events. The company claims to enable its partners to increase closing ratios and revenues and reduce turnaround.

Customer Effective Inc. announced the launch of Capital Effective, a customer relationship management system for financial service companies that utilizes functionality from Microsoft 2007 software and bring together information from all data sources for a complete customer profile. The new system reportedly has over 3,100 users already.

TNS announced it allied with Intellidyn Corp. to launch a global customer intelligence practice that will streamline customer acquisition, cross-selling and retention programs. Integrating TNS’ customer attitudinal and behavioral expertise with Intellidyn’s database marketing expertise will enable “unique” marketing insight and services.

Wachovia Corp. and SunTrust Banks Inc. customers will be able to do banking functions from their AT&T cell phones, according to an announcement. A relationship with mobile banking and payment enabler Firethorn Holdings LLC and strategic partner CheckFree Corp. enables mobile banking on AT&T, which is available for download on more than 30 of the company’s most popular handsets and will be pre-loaded on future handsets beginning later this year.

Informative Research announced it developed a Web-based mortgage information application that will enable mid-sized credit reporting agencies to access Informative’s credit system and share advanced credit reporting technology without paying licensing fees or altering workflow. Agencies that subscribe to OriginatorDirect also gain access to other risk reduction tools such as trade line verifications, flood determinations, mortgage fraud insurance, automated property valuation, and are able to give wholesale lenders access to the products and services.

Sollen Technologies announced enhancements to its pricing and pipeline management tool include an “easier to use, more powerful search that helps loan officers by returning a true best execution without requiring the loan officer to predetermine the loan type.” With the updated Lender Online solution that offers access to multi-channel, multi-lender data, originators can verify a borrower’s eligibility for products based on their specific needs, provide real-time fully adjusted pricing, manage prospects, register borrowers and submit lock requests.

Direct Mortgage Wholesale said the updated version of Loan Choice, its proprietary loan origination, processing and underwriting software, provides brokers with a three-step loan process of selecting a loan, monitoring processing status and scheduling the closing. Presented loan options include payment, interest, tax and insurance with accurate mortgage insurance and provide a comparison of loans with MI, no MI, lender paid MI and combos.

Texas Veterans Land Board selected Mortgage Builder Loan Origination Software because it provides more functionality than its current LOS, customizes quickly and reduces expenses, Mortgage Builder Software Inc., announced. Texas Veterans has reportedly processed close to $2 billion in land loans for 15,800 veterans since July 2007.

Broker customers of PCLender and its enterprise lending platform now have seamless access to the automated underwriting system of Loan-Score Decisioning Systems LLC, according to a news release. The merged software eliminates the need to re-key data, as once a 1003 is entered into Loan-Score’s system and decisioned, data elements are automatically matched and populated into the appropriate fields in PCLender’s LOS. The integration of Loan-Score also allows for the flow of loan-level details and real-time status between back-end processing staff and loan officers at point-of-sale Web portals, and ensures the loan is approved in accordance with secondary market conditions and investor guidelines.