American Mortgage News

ST. LOUIS--(BUSINESS WIRE)--TALX Corporation (NASDAQ: TALX) today reported that fiscal third-quarter diluted earnings per share from continuing operations increased 23 percent to $0.27, which includes share-based compensation expense of $0.02, from the year-ago $0.22 per diluted share. The improvement in earnings from continuing operations to $8.7 million from $7.4 million reflected strong performance in both The Work Number(R) services and tax management services. Results also benefited from the company’s ongoing emphasis on cost control, as demonstrated by the rate of increase in gross profit outpacing the year-over-year revenue increase.

POWAY, Calif.--(BUSINESS WIRE)--Lender Support Systems, Inc. (LSSI), a global provider of lending and loan servicing technology solutions, announced the implementation of LSSI’s mortgage document preparation technology, DocWin, by Ace Mortgage Funding, LLC, an Indianapolis, Ind.-based independent mortgage banker that provides wholesale and retail lending.

Speeds Processing of Financial Documents to Further Increase Efficiency

BASINGSTOKE, England--(BUSINESS WIRE)--DICOM Group plc (LSE:DCM)("DICOM Group"), a global leader of Information Capture and Communications (ICC) solutions, today announced that Flagstar Bank (NYSE:FBC), one of the nation’s leading originators of residential mortgage loans, has expanded its current Kofax information capture solution to include the Kofax INDICIUS 5.0 suite. With the newly integrated automatic document separation technology, Flagstar Bank will be able to further increase efficiency and reduce costs associated with processing the hundreds of thousands of mortgage and loan documents the bank receives on a weekly basis from its national network of home loan offices and wholesale lending customers.

sAN JOSE, Calif.--(BUSINESS WIRE)--Calyx® Software today announced the latest release of WebCaster®, the preferred web site solution for Point users. This release — version 2.4 — provides additional site designs, optional email accounts, economical domain name registration, and more storage capacity for larger files.

Automated Workflow Developer Selects Veteran to Oversee Customer Care and Technical Support Operations

SANTA CLARA, Calif.--(BUSINESS WIRE)--PushMX Software, an automated workflow solutions provider, has hired Patrick McGale to head the company’s new Professional Services division. In this position, McGale is responsible for the successful implementation of PushMX for new customers and the ongoing customer care and retention of existing customers.

Latest upgrade offers more options, increased flexibility for end-to-end LOS solution

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Mortgage Builder Software, Inc., provider of the leading end-to-end mortgage banking software solution, released version 3.6 of its loan origination software (LOS) package. The upgrade includes 80 new features and over 230 modifications to its current version. Enhancements to the document management system, the addition of many new third-party vendor interfaces, and the ability to execute deeper pricing adjustments in the secondary marketing element of the system improve the LOS significantly.

Innovations speed loan process for increasing number of customers

DALLAS--(BUSINESS WIRE)--Sollen Technologies, an Internet-based application services provider of product, pricing and best execution capabilities for the mortgage industry, announced significant advancements in its technology over the past year that now puts more detailed information in loan officers hands and allows them to acquire loan rates 20 percent faster.

Miracle Online 7.0 Features More User-Friendly and Interactive Forms

DALLAS--(BUSINESS WIRE)--MRG Document Technologies (MRG), a provider of document preparation services for the financial industry, announces the release of Miracle Online version 7.0, the next generation of its browser-based document preparation system.