Technology

Veros Real Estate Solutions, a Santa Ana, California-based provider of enterprise risk management and collateral valuation services, announced Thursday that the company has adopted the American Securitization Forum (ASF) Loan Identification Number Code (ASF LINC).

Technology provider Equator has announced the launch of its new agent-initiated short sale feature, which gives agents the ability to request a short sale on behalf of their homeowner clients, initially bypassing the lender to open up the process on their own. The company says agent initiation makes the progression easier for both the borrower and the lender, and brings short sales to fruition in dramatically less time.

Ellie Mae announced Wednesday that Stephanie Berger, the company's director of e-mortgage solutions, has been appointed to the Mortgage Bankers Association's MISMO (Mortgage Industry Standards Maintenance Organization) residential governance committee.

Aklero Process Solutions, Inc., a provider of data and document validity assurance for the mortgage industry, recently announced the hire of Joe Klimowicz as chief technology officer. Klimowicz will be responsible for driving the development of the company's technology solutions and delivering best-in-class services to customers.

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.

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.

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).

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.

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.

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).