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Technology

NAR Creates Single-Source Database of Properties Across the Nation

Starting this summer, Realtors will have access to an online real estate library with data on every property in the United States. Dubbed the Realtors Property Resource, this new tool is a project by the National Association of Realtors (NAR), and gives practitioners access to tax and assessment data; neighborhood, school, and demographic information; and maps and trends.

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Launch of NMLS Consumer Access Announced by State Regulators

The Nationwide Mortgage Licensing System & Registry (NMLS), a mortgage licensing system operated by state financial regulators recently announced the launch of NMLS Consumer Access This fully researchable Web site allows the general public to view information concerning state-licensed mortgage companies, branches, and individuals currently licensed through the NMLS.

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Mortgage Investment Veterans Launch RMBS Data Company

A team of mortgage finance and investment management veterans have announced the official launch of a new company, BlackBox Logic LLC. BlackBoxprovides investors, broker/dealers, and researchers with a database of loan-level collateral underlying non-agency residential mortgage-backed securities (RMBS).

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RealtyBid.com Offers Nearly 1,000 REO Properties in January

RealtyBid.com, an online home auction company, says it has hit the ground running in 2010 by offering close to 1,000 REO properties to investors and homebuyers across the country during the month of January. As part of this effort, hundreds of properties have been added to the company's auction Web site in the past week.

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Google Partners with Multiple Software Companies

As DSNews.com reported, Google has recently released its AdWords comparison ads feature, which allows consumers to shop for and compare mortgages. In addition to teaming up with Mortech, Inc., Google has partnered with Los Angeles-based Leads 360, West Palm Beach, Florida-based OpenClose Mortgage Software, and Costa Mesa, California-based PriceMyLoan.

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Moody’s Analytics Acquires Commercial Mortgage Metrics

Moody's Analytics, the risk management and research arm of New York-based Moody's Corporation, said Wednesday that it has acquired full ownership ofCommercial Mortgage Metrics (CMM) from CBRE Econometrics Advisors. CCM is an analytical model for assessing default and recovery risk for commercial real estate (CRE).

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Mortech Teams Up with Google

In an announcement Tuesday, Lincoln, Nebraska-based Mortech, a mortgage technology company specializing in daily pricing, product decisioning, and lead management, said it has formed a strategic relationship with Google. This partnership comes as Google rolls out its new AdWords comparison ads feature, which allows consumers to shop for and compare mortgages.

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IndiSoft Taps Industry Veteran for SVP

IndiSoft LLC, a technology development firm that focuses on systems for the default services industry, has hired Brian Friedman as SVP. He will be responsible for business development, contract negotiations, investor relations, and joint ventures.

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