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Technology

ELK Upgrades Short Sale Technology

Livonia, Michigan-based ELK Software LLC, a short sale and loan modification software and services provider for the industry, has released version 1.5 of its Web-based Short Sale Commander technology. Among the system’s enhancements are upgrades that simplify data entry and allow users to run a completely paperless short sale business.

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ISGN Announces LenStar Enhancements

Bensalem, Pennsylvania-based ISGN Corporation, a global provider of mortgage solutions and technology products, has announced several new enhancements to its LenStar technology, a web-based attorney and referral communication system for the default management market.

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Companies Partner to Quantify Mortgage Assets' Credit and Collection Risk

Kroll Factual Data and MIAC Analytics have announced an alliance to provide whole loan collateral risk assessment to mortgage investors and risk managers. Colorado-based Kroll Factual Data is a provider of business information solutions to mortgage lenders, consumer lenders, property management firms, and other financial organizations.

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LenderLive Expands Quality Control Services

Denver-based LenderLive Network Inc., a company that provides business process outsourcing and technology to the financial industry, announced the expansion of its quality control services to support increased demand from clients for Federal Housing Administration (FHA) loans.

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Titanium Introduces Homeowner Contact Suite

At the 2009 Mortgage Bankers Association (MBA) Mortgage Servicing Conference in Tampa, Florida, on Tuesday, Titanium Solutions, Inc., a provider of homeowner contacting and consulting services, announced the launch of HomeTouch.

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IMS Adds New Clients for Borrower Outreach and REO Management

Integrated Mortgage Solutions (IMS), a collateral protection resource for the mortgage servicing industry, announced today at the Mortgage Bankers Association’s National Mortgage Servicing Conference & Expo in Tampa, the addition of two new clients to its Asset Disposition and Management Services (ADAM) division.

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Overture and SigniaDocs Partner to Improve Loan Mod Timelines

Overture Technologies, a provider of lending decisioning solutions, and SigniaDocs, a technology service provider for the mortgage industry, announced the creation of a joint offering on Friday that the companies say will speed servicing of distressed mortgages, reduce repeat default rates, and improve transparency.

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Geithner Plan Receives Mixed Reviews

Treasury Secretary Timothy Geithner outlined the Obama administration’s economic recovery strategy on Tuesday – dubbed the Financial Stability Plan – and on Wednesday, Geithner was called before Congress to defend the tactics he proposed.

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Texas Bankers Endorse Wolters Kluwer Financial Services

The Texas Bankers Association (TBA), the largest and oldest state banking association in the nation, has expanded its endorsement of Wolters Kluwer Financial Services’ regulatory compliance and risk management solutions to include several of the company’s mortgage compliance documentation solutions.

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