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L.O.S. for 2005: Lamentations, observations and solutions for mortgage brokers

National Mortgage Professional
May 16, 2005

Fidelity National enhances tech offeringsmortgagepress.comBuyBankHomes.com, foreclosure property, Paragon Wireless Interface Fidelity National Financial Inc. has renovated BuyBankHomes.com, the company's Web site marketing properties that have completed the foreclosure process. The company has also launched Paragon Wireless Interface, a wireless connection to Multiple Listing Service (MLS) data. The Web site features a new user interface and property search capabilities. Users are no longer required to be familiar with specific property location data such as city or zip code. This map search feature allows users to start with a broader area, like a state, and zoom in on a specific area to see a visual indicator of available bank-owned properties without the need to identify the cities or zip codes for those property search areas. Properties located on the maps are shown in tandem with links to specific information about those properties. With BuyBankHomes.com, users can also place online bids on foreclosed properties that will be presented at live onsite auctions. Users can receive e-mail notification about bank-owned properties for sale and choose from a variety of bidding subscription packages. BuyBankHome.com has also included educational information to ensure that site users are well informed about the many aspects involved in purchasing bank-owned properties. Fidelity has also launched its Paragon wireless interface, which enables real estate professionals to receive MLS data from any browser-enabled device including mobile phones and hand-held Personal Data Assistant devices. Using the same user name and password required to access Paragon, users can log into the system through their wireless devices. Once logged in, they have access to a variety of searches, including street name, MLS number, price and advanced combination searches. The results of these queries include detailed property information, driving directions and photos. Additionally, the Paragon wireless interface provides users with listing agent information for each listed property. Headquartered in Jacksonville, Fla., Fidelity National Financial Inc. provides products and services to the real estate and financial industries. For more information, call (888) 934-3354 or visit www.fnf.com.
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