Aspen Grove Solutions, a world leader in innovative, modular, end-to-end property enterprise software for the financial and mortgage services industries, has announced the hiring of Chuck Sockol as VP of industry relations and account management.
Read More »News Corp to Acquire Move, Inc. in $950 Million Deal
News Corp, one of the world's biggest mass media companies, is buying online real estate firm Move, Inc., in a $950 million cash deal.
Read More »Technology Leaders Launch Homeowner Solutions Platform
HLP, which was the model technology platform in the National Mortgage Settlement and has long been a real estate industry industry technology leader, has partnered with IndiSoft, a technology provider for healthcare, legal, and real estate industries based in Columbia, Maryland, to launch the National Homeownership Solutions Platform (NHP). The goal of NHP is to bring all the parties in the home purchase process together into one central location, allowing them to communicate with each other online and in real time.
Read More »Linear Title Forms New Division to Offer More Products, Services
Rhode Island-based automated national title agency Linear Title and Closing has announced the formation of a title services division which will offer products and services to help title insurance agencies serve clients better and grow their businesses.
Read More »Mortgage Returns, Make-a-Wish Foundation Form Alliance
Mortgage Returns, a database management system and provider of automated marketing solutions for the mortgage industry based in St. Louis, Missouri, has announced a partnership with the Missouri chapter of the Make-a-Wish Foundation heading into the holiday season.
Read More »Companies Chosen for CFPB’s Electronic Mortgage Program
The program's launch marks a big step in the agency's "Know Before You Owe" mortgage initiative, which is aimed at improving the homebuying experience for consumers through simpler disclosure forms as proposed in a rule first issued in November last year. In Thursday's release, CFPB announced it is in the process of preparing for that rule to be implemented in August 2015.
Read More »CFPB to Launch eClosing Pilot Program
In an effort to create a more consumer-friendly environment, the Consumer Financial Protection Bureau (CFPB) has announced a new pilot program, centered specifically on gathering data from partners using electronic closings (eClosings) to complete mortgages.
Read More »Vectra FS, Valuation Vision Introduce RepairSmart BPO
Vectra Field Services, a provider of pre-foreclosure and REO mortgage field services, and Valuation Vision, a company specializing in alternative valuation products and technology solutions, together announced the launch of RepairSmart BPO, a new property valuation report.
Read More »DocMagic Addresses Compliance Woes Related to ECOA Valuation Rule
DocMagic, Inc., says it has a variety of solutions available that support lenders' compliance with the ECOA Valuation Rule, no matter what the lender's business rules are. Under the ECOA Valuation Rule, a creditor must provide an applicant with a copy of the appraisal and other written valuations upon completion, or three business days prior to consummation of the transaction, whichever is earlier.
Read More »Open Season on Housing Finance: Obama Wants to Hear Your Ideas
Got an insider's view into the workings of the nation's mortgage market, what's right and what's wrong? How about a strategy on reforming the housing finance system? President Obama and his administration want to hear your ideas. Somewhere in the trenches may lie the answers policymakers are looking for. The federal government released a list of questions Wednesday soliciting input and opinions from market participants and industry groups on how to restructure the mortgage finance system.
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