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Tuesday, April 22, 2008
01:09 PM Texas Time


Digital Expansion in Lending, Servicing

Recent mortgage technology activity


Bank of America Corp. reported in its earnings report Monday that mobile banking activations were 224,000 during the first quarter.

BoA said active mobile banking customers now number 840,000.

Assurity Financial Services LLC will move its off-the-shelf software and co-develop and end-to-end system with Motivity Solutions, according to an announcement.

Lenders looking for help complying with the terms of a recent appraisal-process agreement between the New York Attorney General, Fannie Mae, Freddie Mac and the Office of Federal Housing Enterprise Oversight will find help with ValuNet xsp software, an announcement from ValuAmerica today said.

An alliance announced between Wolters Kluwer Financial Services and Fidelity National Information Services promises to provide servicers with an integrated offering that enables customized loan modification documents that are compliant with federal and state requirements. Investor and regulatory updates are rapidly implemented.


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