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Technology

CGI Launches Collections Recovery Site

Fairfax, Virginia-based CGI Group Inc., a provider of information technology and business process services, announced on Tuesday the launch of a collections microsite focused on helping banks turn rising delinquencies into recoveries.

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DocuTech Opens Portland Office, Names COO

DocuTech Corp., a provider of compliance services and document technology for the mortgage industry, has opened a new office in Portland, Oregon. The company said its expansion is to meet growing customer and technology development needs in the mortgage marketplace.

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Companies Partner to Extend Banks' Automated Collections

CGI Group Inc., a global provider of information technology and business process services, and Seattle’s Varolii Corporation, an outbound communications technology provider, have partnered to provide banks with self-service collections and recovery options in response to tough economic times.

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Response Analytics Releases Making Home Affordable Software

Scottsdale, Arizona-based Response Analytics Inc. has released a new software module developed for mortgage servicers, investors, and mortgage insurers that the company says dramatically simplifies the administration of loan modifications under the federal government’s Making Home Affordable plan unveiled earlier this month.

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Servicer Employs Technology to Automate Loss Mit Evaluations

Bethesda, Maryland’s Overture Technologies, a provider of decisioning solutions for mortgage lending, and Residential Credit Solutions, Inc. (RCS), a Fort Worth, Texas-based mortgage servicing company, announced on Monday that RCS will implement Overture’s Mozart for Special Servicing to identify optimal workout options for delinquent borrowers.

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LPS' RealEC Surpasses 42M Orders, Announces HVCC-Compliance

Santa Ana, California’s RealEC Technologies Inc., a provider of collaborative mortgage network solutions that is majority-owned by Lender Processing Services, today announced that it has surpassed a milestone of more than 42 million real estate orders processed through its network, since the company was founded in 1998.

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Ellie Mae Offers New HVCC-Compliant Appraisal Services

Pleasanton, California-based Ellie Mae announced on Friday the launch of the company’s HVCC-compliant appraisal services, a new program designed to help banker, lender, and broker clients comply with the GSEs’ Home Valuation Code of Conduct (HVCC) that goes into effect on May 1, 2009.

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