Interthinx has enhanced its flagship FraudGUARD product with new variances to help detect occupancy issues related to mortgage fraud. The changes come in response to a disturbing trend the company uncovered in its quarterly fraud risk reports. Occupancy fraud showed a slight quarter-over-quarter increase in the third-quarter 2009 report, which alerted the Interthinx product team to study issues including occupancy fraud, buy and bail schemes, straw buyers, risks associated with delinquency/default, and risks associated with increased home value.Read more
DartAppraisal.com, a provider of nationwide residential real estate valuations, has announced their integration to FirstClose, a service of First Lender's Data Inc. (FLDI). Based in Austin, Texas, FLDI provides cutting-edge technology solutions to mortgage lenders nationwide.Read more
National Quick Sale, a provider of short sale automation technology, has announced a business partnership agreement with real estate and mortgage services provider Hollander Financial Holding Inc. of Claremont, Calif., to promote the use of its short sale platform’s capabilities through Hollander’s extensive network of real estate professionals across the country. National Quick Sale’s Web-based technology enables all parties in a short sale opportunity to easily monitor workflow and complete documentation requirements in a condensed time frame.Read more
DocuSign, a provider of on-demand electronic signature solutions, has announced the release of DocuSign REALTOR Edition. This exclusive eSignature service is specifically tailored for and available to members of the National Association of REALTORS (NAR). DocuSign REALTOR Edition includes a rich feature set with special NAR member-only branding. The release of DocuSign REALTOR Edition follows NAR’s announcement of DocuSign as the official and exclusive ESIGN provider for its 1.1 million members under the association’s REALTOR Benefits Program.Read more
Equator, a provider of software to the default servicing industry has announced the launch of its new professional real estate-owned (REO) solution. PRO REO encompasses all the power and best practices of Equator’s enterprise REO application in an affordable, quick and easy to adopt solution. Equator has long been the standard for many of the nation’s largest lenders and servicers. PRO REO is a resounding entry into the middle market.Read more
Lender Processing Services Inc. (LPS), a provider of integrated technology and services to the mortgage and real estate industries, has announced that its LPS Auction Solutions division will conduct an online auction of bank-foreclosed homes in Arizona, California and Nevada. The bid deadline is April 1, 2010.Read more
Lender Processing Services Inc. (LPS), a provider of integrated technology and services to the mortgage and real estate industries, is pleased to announce the recent opening of its Washington, D.C. office. The office's location is in the heart of the nation's capital, which gives LPS the ability to quickly respond to the needs of its government clients and to increase its presence by pursuing opportunities with new government partners. LPS currently has significant contractual relationships with a number of federal agencies.Read more
Byte Software, a complete mortgage software solution providing banks, credit unions, mortgage bankers and mortgage brokers loan origination software from beginningRead more
The Accurate Title Group LLC (ATG) has announced the release of its TAG Good Faith Estimate Calculator (TAG GFE). This new product comes in response to the Real Estate Settlement Procedures Act (RESPA) and its revisions to the Good Faith Estimate (GFE) and HUD-1 Settlement Statement. The TAG GFE provides instant, accurate calculations for purchase, refinance and home equity transactions in all 50 states and all counties for title insurance premium, endorsements, CPL fees, search, closing fees, recording costs and transfer taxes.Read more
Countdown to Buy, a next generation online real estate marketplace that offers a fair and effective way to buy and sell properties, announced that it has entered into a new pilot program with a leading banking institution to offer a sampling of foreclosed properties in Texas. “This pilot affirms that the appeal of our model and reach of our platform fills a broad set of needs within the spectrum of disposition strategies,” commented Tom Furey, managing partner of Countdown to Buy.Read more