Technology

Technology innovation and integrations. Company updates to client services, as well as strategic vendor moves.

ARTICLES

  • Accenture develops two blockchain integration solutions

    Enables integration between two or more blockchain-based systems
    Accenture announced it developed and tested two blockchain solutions that enables integration between two or more blockchain-enabled ecosystems. The development in the growing area of blockchain technology solves what Accenture calls “a critical challenge” for the broad adoption of blockchain.
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  • JPMorgan Chase to build Silicon Valley-based fintech campus

    Big bank is betting on tech growth
    JPMorgan Chase announced it is building a Silicon Valley-based fintech campus to house 1,000 of its employees as the bank looks to keep ahead of the changing landscape of digital payments. According to reporting from Reuters, the campus will open in 2020 and will be located in Palo Alto, California, at Stanford Research Park, on a plot of land that formerly housed Lockheed Martin.
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  • CBCInnovis announces partnership with Floify

    Will enable lenders to better determine likelihood of default
    CBCInnovis recently announced it will utilize Floify’s point-of-sale technology to facilitate the processing of its credit reports. FloifyCEO Dave Sims said the credit reporting integration has created a comprehensive and seamless loan process.
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  • Class Appraisal names Gary Ferguson as its new CTO

    Ferguson will lead Class Appraisal's new tech development efforts
    Class Appraisal named Gary Ferguson as its chief technology officer to spearhead its pursuit of tech solutions. Ferguson has 20 years of experience in enterprise application development and has spent most of his career in the mortgage industry. Prior to joining Class Appraisal, Ferguson was CTO at Centric Technology Solutions.
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  • Goldman Sachs honors Better Mortgage CEO Vishal Garg

    Garg recognized as one of the most intriguing entrepreneurs in 2018
    Goldman Sachs recently recognized Better Mortgage Founder and CEO Vishal Garg on its 100 Most Intriguing Entrepreneurs 2018 list, highlighting his efforts in the housing sector. Garg said Better Mortgage considers the recognition to be a testament to the success of the company's larger mission.
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  • Taylor Morrison Home Funding integrates LodeStar tech

    The mortgage division of the homebuilder can now issue fast, accurate quotes in all 50 states
    Taylor Morrison Home Funding integrated with LodeStar Software Solutions to quickly and accurately quote closing costs on new-home construction properties. Under the new partnership, Taylor Morrison Home Funding employees can obtain quotes instantly through Ellie Mae’s Encompass digital mortgage solution.
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  • AFR Wholesale announces partnership with Floify

    New partnership could reduce loan processing time by 15 hours per loan
    AFR Wholesale and Floify announced Wednesday both companies shook hands on a partnership, and AFR will now use Floify’s point-of-sale technology. AFR’s goal in partnering with Floify is to reduce origination time and increase broker productivity.
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  • Former Equifax manager sentenced to eight months house arrest for insider trading

    Fined $50,000 and forced to forfeit $75,979 for taking advantage of knowledge of the Equifax breach
    Former Equifax Manager Sudhakar Reddy Bonthu was just sentenced to eight months house arrest following his guilty plea admitting he used non-public information to profit off of the credit reporting agency’s massive data breach. Last year, just before Equifax announced that it had exposed the data of more than 148 million American consumers to hackers, Bonthu bought 86 “put” options in Equifax stock that expired on September 15, 2017, ahead of the subsequent drop in Equifax’s stock value in the wake of the breach.
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  • RealPage to pay $3 million to settle FTC allegations of faulty tenant screenings

    FTC claims RealPage screenings could have returned incorrect criminal records
    RealPage will pay $3 million in a settlement with the Federal Trade Commission, which accused the real estate tech and data company of providing landlords and property managers with faulty tenant screening results over a five-year period. According to the FTC, RealPage’s screening reports could have shown incorrect criminal records for a prospective tenant because of the company’s limited filtering system on its screenings.
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