Opteum Financial acquires Baytree assets

CoreLogic releases pre-qualification toolMortgagePress.comPre-qualification software, CoreLogic, PreQualPro CoreLogic has developed PreQualPro, a pre-qualification value range tool designed to meet the needs of originators' retail and HELOC groups. "This is a cost-effective method to eliminate the guesswork up front by the loan officer or broker," said Anthony Romano, executive vice president of CoreLogic. "PreQualPro provides a property value range, along with a probability rating that the client's estimate of value is accurate. And from a lender's perspective, it gives the loan officer a good indication that, if he or she proceeds with a deal, the 1004 or AVM would be there to support the value." Sacramento, Calif.-based CoreLogic is a provider of collateral risk analysis and management technology and services to the mortgage banking industry. For more information, call (888) 288-2009 or visit www.corelogic.com.