Technology

Earlier this month, the La Jolla, California-based Taza Corporation announced the launch of Tazahomes.com, a new software division focused on the marketing aspects of the REO market. According to a press statement released by the company, Tazahomes.

Recent increases in the rates Washington, D.C.-based Fannie Mae requires lenders to charge for some mortgages has caught the ire of the Chicago-based National Association of Realtors (NAR), who claims the new rates unfairly increase the cost of buying a mortgage, even for qualified buyers seeking mortgages they can afford.

With loss mitigation becoming an increasingly more important tool for the mortgage industry, Philadelphia-based Radian Guaranty, the mortgage insurance subsidiary of Radian Group Inc., will begin offering to its customers loss mitigation training techniques and services from CampusMBA, the education division of the Washington, D.

The Distressed Property Institute is training Realtors to help struggling homeowners in danger of foreclosure. The institute, based in Florida and launched last January, is now offering the Certified Distressed Property Expert (CDPE) designation after in-depth on-site or online training on how to handle short sales.

Vantium Capital Inc., a private equity fund that invests in undervalued mortgage assets, announced today that its specialty servicing unit, Acqura Loan Services, has begun offering electronic loan modifications, or e-mods, to delinquent borrowers in an effort to improve and accelerate borrower acceptance and reduce loan modification timelines.

Columbia, Maryland-based CMSI Group Inc., a company that helps financial institutions mitigate credit risk, recently announced the first of two software applications for assessing the underlying loss risk of a lender’s loan portfolio.

Fort Worth, Texas-based Rapid Reporting, a provider of income and identity verification products for the mortgage industry, has announced that the Social Security Administration is now providing verification of Social Security numbers in real-time, enabling Rapid Reporting to provide nearly immediate answers to users of its DirectChek identity verification solution.

First American Document Solutions, a post-closing and servicing solutions provider and a First American Corporation company, has announced the availability of ePostClosing.com, its new online portal designed to help lenders and servicers reduce their post-closing document management costs and improve investor compliance.

Des Plaines, Illinois-based VHT, a provider of visual marketing services for the real estate industry, announced this week that they are now offering YouTube distribution services with their video property tours.

Fidelity National Real Estate Solutions (FNRES), a division of Fidelity National Financial Inc., announced today that it is now offering its MLS customers reInsight Tax, a new solution that generates more comprehensive neighborhood and public record data, the company said in a press statement.