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Inside Mortgage Trends

December 7, 2007

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Online Origination Volume Plunges in Third Quarter; E*Trade Struggles

After a small rebound in the second quarter, online mortgage originations plunged 23.5 percent between the second and third quarters, according to a new analysis by Inside Mortgage Technology, outpacing the overall decline in originations... [Includes two charts] Read More

Collaboration Will Employ Technology in Assessing Risk of “Thin File” Borrowers

Fair Isaac, the provider of credit scores and related lending technology, will collaborate with two credit information organizations on database and file preparation technology to help mortgage lenders better assess the risk of prospective loan... Read More

ISGN Acquires Inuva, Continuing Growth Strategy

ISGN Technologies continues to broaden the outsourcing and related services it can offer to U.S. lenders with its acquisition of Inuva, a provider of information processing, business process outsourcing, and application software consulting to the mortgage and real... Read More

Bank Beefs Up Loan Collection Telecommunications System

With an eye on increasing delinquencies, one regional bank in the Midwest has taken steps to improve its loan collection activities with a high-tech telephone and communication system. Citizen’s Bank selected the Noble Solution from Noble Systems Corp. for its... Read More

Reunion Mortgage Moves Toward Paperless System

Reunion Mortgage, a California-based lender with a strong commitment to automation, has recently added an electronic tool that will bring it significantly closer to its corporate goal of a totally paperless lending procedure: electronic promissory notes provided through a... Read More

MERS Adopts Electronic Document Storage Service

The success of the Mortgage Electronic Registration System, known as MERS, presented a challenge: developing adequate capacity for processing transactions. The MERS registry is designed to simplify the process of transferring mortgages and... Read More

Technology Newswire

Wolters Kluwer Financial Services and Ellie Mae have agreed to integrate two of their major products. As a result of the... Flagstar Bank is finding a new revenue stream in marketing its proprietary paperless loan technology to broker partners for... Read More

Technology Procurement

Service First Mortgage, based in Dallas, has bolstered its loan processing operations with support technologies and services from Sollen Technologies. Sollen provides Internet-based product, pricing and best execution capabilities for the mortgage industry. “We... Read More

Technology Management

Nomis Solutions has appointed Todd Spartz vice president and chief financial officer. He will direct the financial strategy and... OpenClose Solutions, a provider of Web-based mortgage lending software, has appointed Rob Pommier senior vice president of... Read More

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