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News and Trends |
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From the Editor
Recent changes at the Mortgage Bankers Association, including reductions in staff and resources, make it necessary to end MBA Tech NewsLink after more than four years.
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Fidelity to Acquire Metavante
Fidelity National Information Services Inc., Jacksonville, Fla., announced last week that it reached an agreement to acquire Metavante Technologies Inc., Milwaukee. Terms of the deal were not divulged, but sources put the acquisition at nearly $3 billion.
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Q/A with Brad Kelso of Informative Research
MBA Tech NewsLink recently talked with Brad Kelso, vice president and director of marketing and product development at Informative Research, Garden Grove, Calif.
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Mortgage Tech Applications: Mid Nation Mortgage Doubles Loan Volume in Six Months
Mid Nation Mortgage Corp., a Joplin, Mo.-based wholesale lender, needed loan origination software to address all aspects of mortgage funding. The young company was growing quickly, so it needed a scalable system that could handle its changing needs and serve customers on a 24/7 basis.
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Briefs |
Tech Briefs
VirPack, Vienna, Va., a provider of eDelivery, document management and imaging services to the mortgage banking industry, announced support of secure electronic case binder delivery to FHA.
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People |
Fiserv Taps Drummond as EVP
Fiserv Inc., Brookfield, Wis., appointed Lance Drummond as executive vice president, leading strategic growth initiatives, including data analytics, consulting and wealth management.
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Tech Definition
Interim Note Holder: The investor or institution that holds (i.e., controls) the eNote for a temporary period pending its transfer to the final Note Holder.
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StatLink
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QuoteLink
"Increased fraud protections on one front often gives false security to institutions who, believing they've tightened defenses, inexplicably divest themselves of previously effective deterrents."
--Brad Kelso, vice president with Informative Research, Garden Grove, Calif.
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