Items Tagged with 'information technology'

ARTICLES

  • Stonegate appoints Doug Gilmore chief information officer

    Will lead development of Stonegate Connect
    Gilmore will lead the development of Stonegate Connect, a technology platform that will allow investors to connect with third party originators, creating an online marketplace that facilitates institutional investment in mortgages and mortgage-backed securities, the company said in a release.
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  • Flopping Valuations Right Under the Nose of the HVCC

    Way back in August 2009, HousingWire Magazine asked if the Home Valuation Code of Conduct (HVCC) would become a blueprint for disaster. Considering that this past Monday, the Mortgage Asset Research Institute (MARI) said reports of appraisal fraud are up 50%, the question is again front and center at mortgage industry water coolers. In 2008, MARI said suspected appraisal/valuation fraud stood at 22% of mortgage fraud reports. In 2009, that jumped to 33%.
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  • Fidelity Acquires Offshore IT Service Provider

    Fidelity National Information Services, Inc. (NYSE:FIS) said late Tuesday that it has expanded its offshore presence in India through the acquisition of Second Foundation, Inc., a provider of offshore global information technology services. As a result of the acquisition, FIS said it had expanded its captive offshore global delivery staff by more than 600 personnel and broadened its service offerings. The company offers business process outsourcing to mortgage banking clients, and boasts more than 2,000 seats in both India and the Phillipines.
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  • First American Launches RE Information Technology Company; Move Comes After $10M CDI Settlement

    In a move that may have been predicated by its recent settlement agreement with the California Department of Insurance, the First American Corporation announced Monday that it has launched MarketLinx, a new company that will address the full range of information technology needs for residential real estate professionals. The new company will combine First American MLS Solutions, Inc., Offutt Systems, Sonic Eagle, Inc. and Lucero Research Corporation to deliver technology solutions for multiple listing services, brokers and agents. Offutt, Sonic Eagle, and Lucero were acquired by First American in the back half of 2006.
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