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Technology

Ellie Mae Awarded Patent for Security Model

By Tory Barringer | 05/23/2012

Ellie Mae announced Wednesday that the United States Patent and Trademark Office has issued the company a patent for an advanced security model that enables managers, loan officers, and processors to securely access loan files and documents online. The patent is for an invention that allows multiple ownership of system files and resources while maintaining organizational control and security rules over users.
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RE/MAX Global Site Tops 18 Million Views Since Launch

By Tory Barringer | 05/22/2012

RE/MAX announced Monday that its global site, Global.remax.com, has drawn in nearly 750,000 unique visitors who have generated 18 million page views in six months.
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Two American Brokers Look to Launch MLS in the Phillipines

By Esther Cho | 05/22/2012

George B. Flessas intended to retire in the Philippines after selling his REO firm back in Milwaukee, Wisconsin. Instead of settling, living in a new country inspired him to start another venture due to a need he saw for a nationwide Multiple Listing Service (MLS) and the low cost to operate a business in the Philippines.
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Interthinx Launches Compliancy Podcast

By Tory Barringer | 05/22/2012

The podcast, titled From the Bar: Inside Compliance with Roger Fendelman, will focus on the industry's toughest compliance issues. The program is meant to explain rulemaking by the new Consumer Financial Protection Bureau and to answer concerns that lenders have had.
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MCS Completes Examination of Reporting Controls

By Tory Barringer | 05/22/2012

Mortgage Contracting Services LLC (MCS) announced Tuesday the completion of its Type 2 SSAE No. 16 and SOC 3 examinations.
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RealtyProx Releases Updated Short Sale Software

By Tory Barringer | 05/16/2012

RealtyProx announced the release of an updated version of its short sale processing software developed to automate short sale transactions and save time for real estate professionals.
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Settlement Monitor Launches New Online Complaint Tool

By Ryan Schuette | 05/11/2012

Consumer advocates now have the ability to report violations if their clients suspect any as the nation's five largest servicers complete requirements under the $25 billion settlement. Speaking at a conference hosted by the National Community Reinvestment Coalition, Joseph A. Smith, Jr., the settlement monitor, announced the standup of a website portal for complaints about servicers. A statement said that the monitor will use any information gathered from the online tool to oversee implementation of the agreement with servicers.
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DataQuick Releases Valuation Tool for Assessing Portfolio Risks

By Esther Cho | 05/08/2012

DataQuick launched a valuation tool to help portfolio risk managers with correctly assessing default and loss severity risk. CMV-Portfolio is a flexible, automated valuation tool that uses confidence scores and configurable business rules to optimize portfolio risk management decisions.
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AHMSI and Compliance Connections Form Partnership for Code Issues

By Esther Cho | 04/30/2012

American Home Mortgage Servicing(AHMSI) partnered with Compliance Connections, a division of Safeguard Properties, to be more proactive when dealing with code issues for its property portfolio. Compliance Connections offers a web-based portal, allowing mortgage servicers to communicate immediately when code issues arise.
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Coester Appraisal Group Enhances Cloud Control

By Esther Cho | 04/25/2012

Coester Appraisal Group enhanced Cloud Control by adding C-Data, the company's automated appraisal review technology. C-Data automated review technology electronically evaluates every field in an appraisal report; identifies potential fraud, errors, discrepancies and missing information; and offers findings in online and in printed formats.
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