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Volume 12 - Number 9 | May 2, 2008
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Wells Fargo Expands Electronic Documents Program, Boosting eMortgage Prospects
Wells Fargo has accelerated its transition to eMortgage processing with the recent addition of four new vendors to its roster of eSignature providers, giving the move to electronic mortgage processing a significant boost. “This initiative was put into...


Lenders Will Spend More on Anti-Fraud Technology, Seek Broader Solutions
Mortgage fraud will cost U.S. lenders about $2.5 billion in 2008, and close to that in each of the next several years. In an effort to reverse that trend, lenders will invest heavily in technology designed to discourage fraud, according to a recent study from...


NJ Lender Outsources Most Technology Functions
Officials at Union Center National Bank, a unit of Center Bancorp, have decided that while technology can generate efficiencies, the bank can become even more efficient by outsourcing the management of its technology support functions, including mortgage...


Lender Boosts Volume With Credit Review Technology
An Arkansas lender has found that credit review technology can provide a real boost in both efficiency and the marketing of mortgages. ENG Lending, based in Little Rock, AR, has been using a credit management system developed by San Diego-based Cogent Road...


Bank Executives Forecast Increased Tech Spending
A majority of bank executives expect that loan delinquencies will continue increasing in 2008 and consumer demand for mortgages will continue decreasing. However, two thirds of respondents to a new survey predicted that their companies would increase technology...


Technology Newswire
First American Flood Data Services has integrated its flood... Fannie Mae has turned over the rights to a patent... Ellie Mae, a provider of mortgage software and services, has... Lender Support Systems, a provider of eMortgage-enabled lending...


Technology Procurement
GenEquity Mortgage has selected Guardian Mortgage Services to provide closing, loan funding, line management and post-closing services to support its existing business and its new national retail operation. GenEquity, based in Texas, has been providing...


Technology Management
Domus Systems, a provider of Web-based reporting services for the affordable... OpenClose Solutions has appointed Sonja D’Anneo client business development... Mortgage Contracting Services, a property preservation and inspection services...

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