Technology

Wolters Kluwer Financial Services announced Thursday that its HMDA Wiz software is now available in a software as a service (SaaS) format. As a result, institutions can begin using this solution to collect, report on, analyze, and submit Home Mortgage Disclosure Act data to their regulator almost immediately, the company said.

Minneapolis-based U.S. Bank, the fifth largest commercial bank in the United States, recently announced that it will start to incorporate the new Collateral Valuation Report (CVR) into its product pipeline for lending solutions. As part of this product incorporation, Forsythe Appraisals, LLC, an independent provider of residential real estate appraisals, and Valocity, LLC, a nationwide valuations provider, have been selected by U.S. Bank to provide the new CVR appraisal report on a nationwide basis.

IndiSoft, LLC, a Columbia, Maryland-based technology developer focusing its efforts on the default service management industry, announced Wednesday that more than 18 million transactions have been processed through its RxOffice platform since 2008. In addition the company announced that it is in line to receive third-party certification from Microsoft, which will validate the platform's security and scalability.

As the government and the mortgage industry continue to work together to curb foreclosures, RE/MAX agents are doing their part to help facilitate short sale transactions, using their certified training and a new customized version of Michigan-based Elk Software's flagship technology platform, Short Sale Commander.

Equator has initiated 200,000 short sale transactions through its technology platform since the system was first launched just seven months ago. Another 15,000 short sales have been initiated on the Equator platform that conform to the guidelines of the federal government's Home Affordable Foreclosure Alternatives (HAFA) program.

Countdown To Buy, an online real estate marketplace, announced Tuesday that it has entered its 19th state, with foreclosed residential properties now featured from Florida. In addition the company announced that it has received a new group of foreclosed properties located in Maryland and Hawaii from an existing client.

Experian recently announced that its CreditHorizons for Securities offering, which delivers Experian's consumer credit information for non-agency mortgage-backed security deals, now offers the ability to link consumer credit data to loan-level data through technology provider Lewtan's private-label deal library, ABSNet Loan. The company said this added capability expands the offering to a broader base of non-agency residential mortgage-backed securities investors.

As part of plans to expand its data offerings to consumers through key partners, CoreLogic, a Santa Ana, California-based provider of information, analytics, and business services, announced Tuesday that it will provide foreclosure data and property information to the Yahoo! Real Estate foreclosure service. The company said this partnership will enhance Yahoo! Real Estate's foreclosure offerings by providing access to listings of properties at various stages of foreclosure or REO.

Technology provider Pruvan unveiled a new photo management solution Monday that the company says will revolutionize the field services industry. The technology is designed to make the work order management process faster and more seamless for property preservation specialists and asset managers by allowing field crews to upload photos from the job site and document the work they've done, virtually in real time. Field Asset Services is the first user of the technology and the company says the results have proven to be a ""game-changer.""

Default Mitigation Management LLC recently announced the newest user of its loss mitigation Web Portal -- Consumer Credit Counseling Service of Delaware Valley, a housing counseling and mediation provider for borrowers in the Philadelphia and greater Delaware Valley area.