Webster reorganizes mortgage banking division

Most Home to purchase Netupdate MortgagePress.comnon-binding letter of intent, purchase all or substantially all of the operating assets Most Home Corporation announced that it has signed a non-binding letter of intent to purchase all or substantially all of the operating assets of Netupdate Inc. "The industry crossover for both companies is synergistic," said Diane Holmstrom, chief executive officer of Netupdate. "We'll be working together to provide a more cohesive experience for the borrower during the home buying process." Vancouver-based Most Home Corporation, through its wholly-owned subsidiary, Most Home Real Estate Services Inc., provides an end-to-end eMarketing solution and technology platform to real estate and mortgage firms. For more information, call (800) 347-4701 or visit www.mosthome.com. Bellevue, Wash.-based Netupdate Inc. is a developer of lending technologies. For more information, call (800) 593-9492 or visit www.netupdate.com.