From silver jubilee celebrations and new appointments to acquisitions and new technology, catch the latest buzz in the industry in this weekly update.
Auction.com , an online real estate marketplace dealing with distressed asset disposition, announced the addition of Kevin Cooke, as its new SVP of Business Development. He will report directly to Ali Haralson, Chief Revenue Officer.
“I’m very pleased to welcome Kevin to the team and look forward to tapping into his expertise as we continue to revolutionize the default disposition industry,” said Haralson.“Kevin’s deep background in real estate disposition will be essential as we continue to help our clients achieve superior and optimized performance.”
In his new role, Cooke will drive Auction.com’s business development efforts with a focus on identifying client opportunities for increased revenue and portfolio performance. He is a mortgage and finance industry veteran with over 20 years of experience
"I have had the unique privilege of working in various capacities within the financial services and mortgaging industries," Cooke said."I have long been aware of Auction.com as the established market leader in residential real estate disposition with a proven track record of innovation. I now look forward to applying my expertise at Auction.com as the company continues to position itself for acceleration and growth.”
Philadelphia-based Radian Group Inc  has acquired Independent Settlement Services , a national appraisal, and title management company. The company said that this acquisition is consistent with its growth and diversification strategy, and its focus on the core product offerings of its Title, Mortgage, and Real Estate Services businesses.
Independent Settlement Services provides real estate information and valuation solutions in all 50 states and offers proprietary disruptive technology through its Vendor Information Bridge (VIBe), a web-based, fully-integrated, real-time vendor management and settlement services technology system. VIBe provides lenders, appraisers, servicing firms, due diligence firms, and appraisal-management companies with a fully-automated platform to manage the ordering and delivery of products and services.
Padgett Law Group  (PLG), a Legal League 100 member firm and a leading regional default services law firm serving the southeastern United States, is celebrating 25 years of service. PLG currently operates in Florida, Georgia, Tennessee, Arkansas, and Texas.
“When I founded this firm 25 years ago, my vision was for a dynamic, responsive legal practice that despite success
would never lose sight of our boutique, hands-on beginnings. That, and our focus on people, has remained a hallmark of PLG throughout the years and I’m thrilled that this milestone comes on the heels of our expansion into the Texas market,” said CEO Timothy D. Padgett.
IPsoft  announced the general availability of 1Bank™ , its first conversational banking solution, powered by an advanced AI in the market, Amelia. With Amelia, customers can engage with their financial institutions through a next-generational Natural Language Interface (NLI) either by voice or chat.
Through 1Bank, Amelia helps resolve complex customer questions using comprehensive dialogue. For example: “How much can I afford to pay for a new home?” Instead of providing a simple answer, Amelia will follow up with important questions, such as: “What is your annual salary?” or “How much of a down-payment would you like to make?”