Technology

International Document Services, Inc., a Mortgage document preparation vendor, announced it has incorporated a new document preview feature into its integration with LendingQB’s cloud-based loan origination solution. The feature allows LendingQB users to preview mortgage documents, such as the Loan Estimate or Closing Disclosure, before they are submitted to fulfillment. This enables lenders to spot and correct errors before the creation of the final document.

As third-party vendors continue to be an extension of the servicer, it’s imperative that a servicer selects a lender-placed insurance vendor that operates as a partner. There are various elements that should be considered when evaluating a lender-placed insurance partner, one of which is technology. Vendors that can effectively leverage technology can efficiently meet the changing needs and evolving regulations of the mortgage servicing industry. A vendor’s commitment to technology can ensure that servicers remain in compliance. Servicers should ask the following questions to evaluate a lender-placed insurance vendor’s commitment to investing in technology that supports the vendor’s infrastructure, IT security, and tracking system.

Perfect Practice, an Orlando, Florida-based provider of legal management services technology, announced this week a partnership with Affinity Consulting Group, which offers technology and management solutions for law firms and legal departments. “The partnership will create a streamlined array of services,” according to Perfect Practice.

Elm Street Technology (EST), who offers a portfolio of real estate technology and marketing services companies for agents, teams, and brokerages, recently announced the acquisition of Consolidated Knowledge, a technology platform provider to the residential real estate and multi-family industries. EST aims to offer a single technology solution for lead generation. The acquisition is the next step in EST’s ongoing efforts to consolidate the real estate industry’s leading technology and marketing service providers.

HouseCanary has integrated their appraisal software into a mobile application. HouseCanary Appraiser now allows appraisers to use the software without relying on web browsers. Appraisers can write reports from start-to-finish on site and cut down on time and costs.

As third-party vendors continue to be an extension of the servicer, it’s imperative that a servicer selects a lender-placed insurance vendor that operates as a partner. There are various elements that should be considered when evaluating a lender-placed insurance partner, one of which is technology. Vendors that can effectively leverage technology can efficiently meet the changing needs and evolving regulations of the mortgage servicing industry. A vendor’s commitment to technology can ensure that servicers remain in compliance.

As the technology conversation in the mortgage industry heats up, many companies are attempting to meet industry demands and adopt streamlined industry processes. Today’s companies are driven by creativity and innovation and are fostered by client success. DS News spoke to James Vinci, VP and Chief Technology Officer at Equator, about what mortgage professionals can learn from other industries and what technology trends are having the most impact today.

Asurity Technologies, an enterprise formed to provide the financial services industry with RegTech solutions, announced its formation as an entity bringing together Treliant Solutions, LLC, Risk Management Solutions, Inc., and Mortgage Resources Group, LLC into an integrated compliance platform. According ...

Black Knight Financial Services launched its Municipal Lien Search solution Wednesday to help uncover property debts and reduce risk associated with liens not included on property reports or outside of the scope of title insurance coverage. County debts; code and force violations; waste, water, and sewer are examples of these liens. Undiscovered and unrecorded municipal liens become the ...

In July, liens and judgments data will no longer be included in traditional credit scores. In order to fill that gap, CBCInnovis will be offering the LexisNexis RiskView Liens and Judgments Report to lenders. Being that borrowers who have a judgment or tax lien are more likely to end up in pre-foreclosure or foreclosure, CBCInnovis hopes this information will be helpful to lenders.