Technology

BankersLab announced the launch of another gamified mobile learning app designed to help collections and risk managers stay on top of the latest industry best practices.

MortgageAuction, launched in November 2012, offers online auctions to match mortgage borrowers with the lowest mortgage rates and fees from competing lenders.

Mortgage Cadence LLC announced that Langley Federal Credit Union (FCU) in Virginia will now use the Symphony platform to support its expanding mortgage program.

Mortech, Inc., announced the successful integration of LendingTree's new LoanExplorer product into its suite of marketing and point of sale tools.

Mortgage Guaranty Insurance Corporation (MGIC) is now offering insurance rates and eligibility to lenders through LoanSifter, the Wisconsin-based mortgage insurer announced.

DataQuick unveiled its Portfolio Management Intelligence Suite designed to provide configurable solutions to meet clients' specific portfolio requirements.

Republic Mortgage Home Loans, a Utah-based mortgage lender, announced the release of a new mobile app exclusively for its borrowers and applicants.

VirPack, a mortgage industry leader in document management, and IDS Inc., a provider of mortgage documents and compliance, are teaming up to streamline initial disclosures.

Trulia announced the beta launch of Trulia Suggests, a new, personalized, and visually engaging way for home buyers to discover homes.

According to the Flow of Funds report for Q4 2012, household assets grew to $79.5 trillion in the fourth quarter, an increase of $1.3 trillion--not too shabby. Household financial assets were up $784 billion to $54.4 billion but home equity (the value of household real estate less loans against that real estate) grew $452.8 billion, the result of two moving parts: real estate values (which increased) and household mortgage liabilities, which dropped. Once the dust settled, it meant equity in household real estate assets moved to 46.6 percent in the Q4.