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Technology

Survey: More Appraisers Employ Technology

More appraisers are using technology to fulfill appraisal orders, according to a recent survey conducted by ValuFinders Inc., a provider of valuation services to national lenders, brokers, and government agencies.

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Mortgage Cadence Provides Technology to Automate Reverse Lending

Colorado-based Mortgage Cadence Inc, a provider of enterprise lending solutions (ELS) for the financial services industry, recently announced that it is helping Senior Lending Network, a program of World Alliance Financial Corp and a recognized leader in reverse mortgages, automate back office workflow for its reverse lending and document preparation process.

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HOPE NOW Applauded for Rolling Out Project Lifeline

The HOPE NOW Alliance—a national network of mortgage servicers, nonprofits and housing counseling agencies—received praise from U.S. Treasury Secretary Henry Paulson, Jr., today for their quick implementation of Project Lifeline.

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BofA Hits Bump Over Loss Provisions

Charlotte, North Carolina-based Bank of America Corp.) announced this week that its net income declined 29-percent between 2006 and 2007, and its diluted earnings per share dropped 28-percent. According to the lender’s 2007 earnings report, BofA’s net income hit $14.

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U.S. Treasury Secretary: Economy Still Healthy

U.S. Treasury Secretary Henry Paulson told reporters Wednesday that he remains confident the underlying U.S. economy is healthy and that all its troubles are largely contained, according to a report from Bloomberg News.

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Data Tree Releases DocEdge.com Lien Search

Santa Ana, California-based Data Tree, LLC, a provider of recorded land documents and a part of The First American Corp., announced the release of DocEdge.com™ this week. The company describes DocEdge.

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