Technology

In a conference call hosted ahead of Altisource's fourth-quarter earnings release, CEO William Shepro acknowledged that 2014 was "a trying time" for the firm's investors and employees as shares plunged nearly 80 percent. The company's troubles last year can be traced to its relationship with Ocwen Financial Corp., which has faced a growing amount of scrutiny from federal and state regulators related to its growth and operations.

Business process outsourcing, learning, and technology solutions provider Indecomm Global Services, which houses corporate headquarters in both New Jersey and India, has announced the hiring of mortgage banker Linda Bomar as vice president of sales.

Florida-based Aces Risk Management (ARMCO), a provider of Web-based audit technology for the financial services industry, has tapped mortgage quality control expert Phil McCall to serve as COO.

In California, mortgage software and services provider Ellie Mae announced the promotion of Jonathan Corr to the position of CEO.

LenderLive Network, an end-to-end mortgage services provider with headquarters in Denver, announced the hiring of Lorie Helms as chief information officer (CIO).

California-based real estate software applications provider RES.NET has added customized technology services to its suite of products, according to an announcement from the company.

Matt Martin Real Estate Management (MMREM), a diversified real estate services firm headquartered in North Texas, announced it has executed a definitive agreement to acquire online real estate auction company RealtyBid.com.

Following weeks of collaboration and anticipation, leading cloud-based data and document exchange services provider NetDirector has announced the deployment of the Auction.com interface.

Columbia, Maryland-based technology development firm IndiSoft was recently named to the CIO Review list of 20 Most Promising Legal Solution Providers 2014, according to a release by IndiSoft.

Web-based compliant valuation management software provider Global DMS has announced that Jody Collup, the company's VP of marketing, is a recipient of the prestigious Women of Distinction award from the Providence Business Journal