Technology

PEMCO, an asset management company headquartered in Honolulu, Hawaii, will launch a new website August 13.

ReverseVision, a provider of reverse mortgage software, announced the signing of its newest client: MiLEND, Inc., a national lender headquartered in Atlanta, Georgia.

DataQuick unveiled Market Intelligence TitleShare, an analytics engine offering insight into title transaction and lending trends from the company's property, sale, and mortgage information database.

The nation's economy added 162,000 jobs in July as the unemployment rate fell to 7.4.percent, the Bureau of Labor Statistics (BLS) reported Friday. Economists had forecast payrolls would grow by 175,000 and that the unemployment rate would dip to 7.5 percent. The financial sector added 15,000 jobs in July, up from the average of 10,000 for May and June. New financial jobs included 3,600 underwriters and 3,000 new real estate jobs, reflecting the uptick in home sales.

DocuTech Corp., a compliance and documentation technology provider headquartered in Idaho, hired Frank Colson as product manager.

Veros, a provider of collateral valuation technology, enterprise risk management, and predictive analytics, announced an update to its VeroSCORE appraisal risk scoring tool.

LRES announced the latest version of LRES DirectConnect, an integration framework enabling clients and third-party systems to integrate into the LRES LINK order management platform.

A growing number of older Americans are applying for mortgage loans online, according to a recent survey from Mortgage Marvel. Thirty-five percent of mortgage applicants are past the age of 50, according to the survey of more than 650,000 applications submitted to more than 1,100 lenders in 2012. "[P]lenty of older Americans are computer savvy and very willing to pursue major transactions, such as mortgage applications, on the Internet," said Mortgage Marvel COO Rick Allen.

DocMagic, Inc. announced the appointment of Brian Yoder as director of software development.

LendingQB, a provider of end-to-end loan origination software (LOS), and DocuTech, a provider of enterprise-class compliant document preparation software, announces a partnership to integrate their platforms.