July 25, 2008
Fidelity National Financial, Inc. Announces Opening of Fidelity National Title de Mexico S.A. de C.V.
Fidelity National Financial, Inc. announced the opening of its title insurance operation in Mexico, Fidelity National Title de Mexico S.A. de C.V. ("Fidelity Title Mexico").
Posted by S. Germain at 08:18 AM | Comments (0)
Clear Capital Releases New Property Condition Report That Includes Neighborhood Context
Clear Capital introduced the Condition Conformity Inspection: a new report that helps banks and lenders determine whether their vacant, bank-owned homes are at risk of contributing to urban blight.
Condition Conformity Inspections bring together subject property and neighborhood information into a single, easy-to-read form that includes visual tools such as images of the subject property, street views, the ten closest neighboring homes, and a map of the neighborhood. These inspections also include narratives on the condition of the subject, its conformity to the neighborhood, and possible deferred maintenance issues.
Posted by S. Germain at 08:11 AM | Comments (0)
Radian Guaranty Joins Hope Now Alliance
Radian Guaranty, the primary mortgage insurance subsidiary of Radian Group Inc. announced that it has become a member of the Hope Now Alliance.
Posted by S. Germain at 08:09 AM | Comments (0)
DocuSign Launches New Enterprise Service Capabilities for Electronic Contract Execution
DocuSign announced the latest release of DocuSign, now available at www.docusign.com, that introduces an extensive set of new features to help customers achieve the long-sought goal of replacing the expensive and slow use of paper in all contract execution processes.
This latest release of DocuSign automates the entire contract execution process, further enhancing the most powerful solution available in the marketplace today. As a SaaS (Software as a Service) offering, DocuSign's automated contract execution services can be deployed very quickly into existing business processes such as sales contract execution, new account openings, HR forms processing and document transaction processing.
Posted by S. Germain at 08:07 AM | Comments (0)
Cogent Road Introduces Padded Credit Score Detection Tool
Cogent Road has launched an automated tool for detecting if a credit score has been artificially inflated due to questionable or untrustworthy "authorized user" accounts within the borrower's profile.
The solution examines credit reports to detect the probability that a borrower's credit score is being artificially manipulated based on a different individual's payment history. Using a complex series of comparative algorithms, this detection tool analyzes the borrower's credit profile as a whole to detect whether or not authorized user tradelines are consistent with his or her historical payment pattern.
Posted by S. Germain at 08:03 AM | Comments (0)
SigniaDocs Releases eSign eNsure To Enforce Legal Mortgage Disclosures
According to the company, eSign eNsure enforces compliant disclosure and closing practices by warranting the Good Faith Estimate, the Truth In Lending Statement and annual percentage rate calculations by creating electronic date and time stamps in key disclosure areas, signifying borrower understanding and acceptance of the loan conditions.
Posted by S. Germain at 08:02 AM | Comments (0)
Lender Processing Services Acquires McDash Analytics
Lender Processing Services Inc. (LPS), recently spun off from Fidelity National Information Services Inc., has acquired McDash Analytics, which provides access to the industry's largest loan-level database of mortgage assets for the purpose of benchmarking and analysis.
Posted by S. Germain at 08:01 AM | Comments (0)
Title Insurer Fidelity National's Net Sinks 92 Pct
Fidelity National Financial Inc., parent company to one of the country's biggest title insurers, blames the housing slump and mortgage crisis for pushing its second-quarter profit down 92 percent to 3 cents a share from 38 cents a share in the 2007 second quarter. Reuters Estimates reports that analysts had anticipated revenue of 13 cents per share. Fidelity National additionally reports a 25-percent drop in closed title orders to 307,500 for the April-through-June period, a 26-percent decrease in opened title orders to 462,600 and a 23-percent decline in title and escrow premiums and fees to $1.04 billion.
Posted by S. Germain at 07:57 AM | Comments (0)
July 18, 2008
Fidelity National Financial, Inc. Announces 2nd Quarter 2008 Earnings Release and Conference Call
Fidelity National Financial, Inc. will release 2nd quarter 2008 earnings after the close of regular market trading on Wednesday, July 23, 2008. A conference call will follow at 10:00 a.m. Eastern Time on Thursday, July 24, 2008. Those wishing to participate via the webcast should access the call through FNF's Investor Relations website at www.fnf.com. Those wishing to participate via the telephone may dial-in at 800-762-6085 (USA) or 480-248-5088 (International). The conference call replay will be available via webcast through FNF's Investor Relations website at www.fnf.com. The telephone replay will be available from 12:00 p.m. Eastern Time on July 24, 2008, through July 31, 2008, by dialing 800-475-6701 (USA) or 320-365-3844 (International). The access code will be 953610.
Posted by S. Germain at 08:37 AM | Comments (0)
Cogent Road Tool Detects Credit Piggybacking
Cogent Road has launched an automated tool for detecting if a credit score has been artificially inflated due to questionable or untrustworthy "authorized user" accounts within the borrower's profile. This process is known as "piggybacking," because the borrower's credit score "piggybacks" on the seasoning and payment history of the actual card holder. The tool is available free of charge to Cogent Road's existing Funding Suite clients. The application examines credit reports to detect the probability that a borrower's credit score is being artificially manipulated based on a different individual's payment history.
Posted by S. Germain at 08:36 AM | Comments (0)
Landata Technologies, Inc. Announces Launch of New eRecording, Document Management Software, Landata eClipse(TM)
Landata Technologies, Inc. (LTI) announced the launch of their new product, Landata’s eClipse™. This new document management system is an all-in-one platform supporting recordation of real estate, court, vital records and miscellaneous documents.
Integrated with the latest eRecording technology, eClipse includes a multi-user examination module used to review real estate and court eRecording packages at the courthouse, as well as a sophisticated redaction capability supporting interactive and batch processing. Landata’s eClipse™ is built around a multiple device interface (MDI) that supports a host of features. A single login provides access to multiple module applications such as the examination, cashiering, electronic recording, imaging, indexing and public access modules to list a few.
Posted by S. Germain at 08:34 AM | Comments (0)
Kirtland Federal Credit Union Turns to FICS for Mortgage Origination and Servicing Solutions
Financial Industry Computer Systems, Inc. (FICS®), announced that New Mexico-based Kirtland Federal Credit Union is successfully utilizing its residential loan origination and servicing suite of mortgage technology solutions.
Posted by S. Germain at 08:31 AM | Comments (0)
ServiceLink Web-Based Closing Product Expands In Market
ServiceLink the national mortgage services platform of Fidelity National Financial says it has received solid reviews from borrowers and lenders for its growing iClose Web-based closing product.
iClose is a secure and convenient method for borrowers to close their loans in an online virtual meeting room. Borrowers schedule a date and time that is convenient, and a ServiceLink closing agent guides them through their paperwork, using an online interface.
Posted by S. Germain at 08:25 AM | Comments (0)
Wholesale Bank Implements DocuTech's Compliant Doc Solution
DocuTech Corp. says that San Francisco-based Parkside Lending has implemented the company’s compliant document solution, ConformX.
Posted by S. Germain at 08:24 AM | Comments (0)
ZC Sterling Receives ISO 9001:2000 Certification
ZC Sterling Corp. has announced that its management system for monitoring and placing lender-placed hazard and flood insurance services is now ISO 9001:2000 certified. The certification comes at the conclusion of a rigorous audit performed by independent ISO registrar, FM Approvals.
Posted by S. Germain at 08:23 AM | Comments (0)
Lydian Forms New FHA/VA Loan Processing Subsidiary
Lydian Data Services announced the establishment of Lydian Data Government Services, a new subsidiary to provide expert mortgage processing, closing, postclosing, and quality control services for FHA and VA loans. The new subsidiary will also offer consulting services to help originators become approved by FHA, and training services to help lenders familiarize their Realtors, loan officers, and brokers with government lending programs.
Posted by S. Germain at 08:21 AM | Comments (0)
RedVision Completes Acquisition of Colorado Record Data and CRS Title Services
RedVision, a national real estate property research organization, yesterday announced the completion of its acquisition of Colorado Record Data (CRD) and its sister company CRS Title Services (CRS).
Posted by S. Germain at 08:20 AM | Comments (0)
Ticor Employs DepotPoint's TrackPoint to Manage Foreclosure and REOs
Ticor Title Company of California, a subsidiary of Fidelity National Financial, Inc., announced today that it has taken steps to streamline the tracking and management of thousands of foreclosure and REO properties.
To this end, Ticor will employ DepotPoint, Inc.'s Default and REO TrackPoint, a vertical processing system that reduces the time it takes to move properties through the default process. The system's custom Web portal allows law firms, title companies, lenders and servicers to share title, disposition and management information in real time. In addition, TrackPoint ensures nationwide compliance to foreclosure guidelines with its state-by-state exception handling for debt disputes, forbearance, loan reinstatement, bankruptcy, and other issues.
Posted by S. Germain at 08:19 AM | Comments (0)
July 11, 2008
LandAm Reducing 'Bricks & Mortar'
LandAmerica Financial Group has announced that its recently reported merger of two title insurance subsidiaries in Colorado is part of a new business model that will reduce the number of "bricks-and-mortar" locations in the state. The company recently announced that it was merging its Transnation Title Insurance Co. subsidiary into its Lawyers Title Insurance Corp. subsidiary as part of an effort to transform its independent businesses into a unified operating company.
Posted by S. Germain at 08:41 AM | Comments (0)
Fidelity National Financial, Inc. Announces 2nd Quarter 2008 Earnings Release and Conference Call
Fidelity National Financial, Inc. will release 2nd quarter 2008 earnings after the close of regular market trading on Wednesday, July 23, 2008. A conference call will follow at 10:00 a.m. Eastern Time on Thursday, July 24, 2008. Those wishing to participate via the webcast should access the call through FNF's Investor Relations website at www.fnf.com. The conference call replay will be available via webcast through FNF's Investor Relations website at www.fnf.com.
Posted by S. Germain at 08:37 AM | Comments (0)
Titan Lenders Adds MERS Integration To Cerberyx Platform
Titan Lenders Corp., a mortgage back-office fulfillment services provider specializing in closing, funding and post-closing services, has integrated the Mortgage Electronic Registration System (MERS) with its Cerberyx platform, automating both the registration and transfer of mortgage loan assignments for its customers.
Posted by S. Germain at 08:27 AM | Comments (0)
Del Mar DataTrac, Loan-Score Now Integrated
Loan-Score Decisioning Systems and Del Mar DataTrac have completed an enhanced nine-point integration between Loan-Score's automated underwriting system (AUS) and DMD's mortgage banking automation solution, DataTrac.
The integration is bidirectional and enables the two systems to automatically talk to one another, updating conditions and loan-level status in real time using advanced Web services, the companies explain. Loan-Score's Web-based pricing engine and AUS serves as the point-of-sale decisioning solution, while DataTrac remains as the core system of record and workflow management solution for the fulfillment process.
Posted by S. Germain at 08:25 AM | Comments (0)
Interthinx Forms Strategic Alliance With iMortgage Services
Interthinx Inc. has formed a strategic alliance with iMortgage Services (iMS). iMS provides nationwide appraisal, automated valuation (AVM), broker price opinion fraud, closing, title and warranty products to the mortgage industry.
Posted by S. Germain at 08:13 AM | Comments (0)
June 27, 2008
Litton Loan Servicing To Make Loan-Level Data Available
Litton Loan Servicing LP says that it has begun to make loan-level data available on more than $45 billion of mortgage loans for which it services. The information will be accessible at no cost at www.littonloan.com/dealinfo.
Litton will make available a wide range of data about the mortgage loans, including loan characteristics, payment information and status. The data will not include any personally identifiable information about mortgage loan borrowers, the company notes.
Posted by S. Germain at 08:29 AM | Comments (0)
Cogent Road Launches AVAIL Prequalifying Service System
Cogent Road announced the launch of AVAIL, an automated system designed to enable mortgage originators to provide continuing mortgage-qualifying services to prospective borrowers. An extension of Cogent Road's Funding Suite, a credit management solution that manages costs and enhances customer retention during the loan origination process, AVAIL enables loan originators to more effectively establish and maintain contact with potential borrowers to create top-of-mind awareness among consumers, the company says.
Posted by S. Germain at 08:27 AM | Comments (0)
Interthinx Integrates MERS Data
Interthinx Inc. has integrated Mortgage Electronic Registration Systems Inc. (MERS) data into its FraudGUARD scoring system. According to the company, this data can help detect undisclosed properties, reveal investors claiming owner occupancy and uncover recently closed loans that could indicate a borrower's intent to commit mortgage fraud.
Posted by S. Germain at 08:26 AM | Comments (0)
Title Firm Adds Default Services Unit
Stewart Information Services Corp. has rolled out Stewart Default Services to provide loss mitigation and to insure vacant properties, among other foreclosure services. The services will be provided directly by the company in Arizona, California and Nevada; but it will offer them elsewhere in the country through an attorney network.
Posted by S. Germain at 08:23 AM | Comments (0)
Fiserv Goal: Find At-Risk Mortgages Before Default
Fiserv Inc.'s Prism and Home Retention Solutions suite is intended to help lenders curtail mortgage defaults by identifying borrowers who are making timely payments but could eventually fall behind. The Prism (Predictive Risk Index Score Modeling) tool monitors borrowers' credit ratings to identify customers who are current on their payments but whose credit scores are dropping. It also keeps track of the Case Shiller Home Price Index to identify weakening housing markets and takes into account property type, price and geographic area when recommending that lenders look at restructuring and other foreclosure alternatives.
Posted by S. Germain at 08:20 AM | Comments (0)
June 20, 2008
Realserv to Service Over 150,000 of Nation's Real Estate Agents
The Economic Development Coalition for Asheville-Buncombe County (E.D.C.) and Realserv, L.L.C., announced today significant advances in product development and investment which will enable Realserv to service customers beginning with approximately 150,000 real estate agents around the country.
Bottom line results of Realserv's significant investment in research and development over the past three years include a state-of-the-art web-based platform that integrates the core systems used on a daily basis by real estate professionals. User benefits include single-point access to required forms, individual property reports, multiple listing services, transaction management, and connection to the world of service providers required for listings, sales, and property management transactions.
Posted by S. Germain at 08:22 AM | Comments (0)
FIS Announces Expected Record Date and Distribution Date for the Distribution of Lender Processing Services, Inc. (LPS) Stock to FIS Shareholders
Fidelity National Information Services, Inc. announced that it has set the record date and distribution date for the distribution of Lender Processing Services, Inc. (pending NYSE: LPS) common stock to FIS shareholders.
The distribution of LPS common stock will be made on July 1, 2008 to FIS shareholders of record as of June 24, 2008. Each FIS shareholder will receive one-half share of LPS common stock for every share of FIS common stock held as of the close of business on the record date noted above. Shareholders will receive a cash payment in lieu of any fractional shares.
Posted by S. Germain at 08:21 AM | Comments (0)
LandAmerica Introduces New Customer-Focused Operating Structure in Colorado
LandAmerica Financial Group, Inc. announces the implementation of an innovative new operating structure for its title insurance, escrow and closing services in Colorado.
Through this initiative entitled "The New Frontier," the traditional model, which relied on outside Sales Representatives and office-based Escrow Officers, evolves to one that combines those functions into the role of Account Manager and centralizes data-driven functions into fulfillment centers or "hubs." LandAmerica Account Managers will provide a higher level of local service by working out of home-based offices. The new model provides customers with increased personal interaction with title and closing professionals and a single point of contact for answers to questions and resolution of issues.
Posted by S. Germain at 08:19 AM | Comments (0)
DataTrac Expands Open Platform to Include Pricing, Eligibility, and AUS Providers
Del Mar DataTrac®, Inc. has expanded its open platform approach and is now integrating with leading providers in the product and pricing eligibility (PPE) and automated underwriting space, and has decided to discontinue its PPE solution, PriceTrac. Del Mar DataTrac provides solutions that empower small- and medium-sized mortgage bankers to deliver extraordinary customer service and drive up production while reducing risk, increasing productivity and streamlining their overall efficiency.
Posted by S. Germain at 08:18 AM | Comments (0)
Wells Fargo Funding Authorizes Wave Systems' eDisclosure Solution for Its Mortgage Correspondents
Wave Systems Corp. announced that its eSign Transaction Management Suite (eTMS) has been authorized by Wells Fargo & Co.’s mortgage division for use by its correspondent lenders as an eDisclosure solution. Wells Fargo’s correspondents that have received approval to deliver electronic disclosures may elect to use the SmartSigning Room and SmartSignature applications to streamline electronic mortgage disclosures and help secure customer commitment early in the lending process.
Posted by S. Germain at 08:17 AM | Comments (0)
June 13, 2008
Stewart Title of California Lowers Base Title Insurance Rates
Effective immediately, Stewart Title of California, Inc. has reduced its base title insurance rates. The new rates have been approved by the California Department of Insurance and will make purchasing a home more affordable for consumers. Escrow rates are not affected by this filing and will continue to be determined on a county-by-county basis.
Posted by S. Germain at 08:20 AM | Comments (0)
Stewart(R) Announces the Formation of Stewart Global Solutions
Stewart Real Estate Information (REI) Group, Inc., is pleased to announce the formation of Stewart Global Solutions, created for the purpose of pursuing international land administration and modernization projects in emerging markets
Stewart has participated in overseas title and project activity for many years. The formation of this entity for the targeted pursuit of large global land projects is a first for the Stewart REI Group.
Posted by S. Germain at 08:19 AM | Comments (0)
Xerox Simplifies Loan Process with Electronic Signature
Xerox Mortgage Services has added e-signature – a secure and convenient way to complete mortgage loans without having to sign hardcopy documents. This enhancement builds upon Xerox’s (NYSE: XRX - News) current Web-based BlitzDocs® Collaboration Suite that uniquely supports paper, imaged and electronic loan documents.
Posted by S. Germain at 08:16 AM | Comments (0)
StoneWater Mortgage Selects Guardian Mortgage Documents
StoneWater Mortgage, a new national wholesale lender, has selected Guardian Mortgage Documents as its partner for providing an automated document preparation system and related professional services. StoneWater's proprietary mortgage banking platform, H2Online, will use Web services to leverage seamless data transfer into GMD's system for fully automated loan document generation.
Posted by S. Germain at 08:13 AM | Comments (0)
Zaio To Provide Services To Virginia DOT
Zaio Inc. has entered into a contract with the Virginia Department of Transportation (VDOT) to provide technology and customized appraisal services. VDOT, among other things, is responsible for real estate related to building, maintaining and operating the state's roads, bridges and tunnels. Through the Commonwealth Transportation Board, it provides funding for airports, seaports, rail and public transportation.
Posted by S. Germain at 08:12 AM | Comments (0)
Is BofA-Countrywide Deal Bad News for FIS?
Fidelity National Information Services (FIS), Inc. could be facing a loss in business when Bank of America (BofA) and Countrywide Financial Corp. complete their merger later this year.
In a recent filing with the Securities & Exchange Commission (SEC), FIS said its subsidiary Lender Processing Services (LPS), Inc. stands to lose business with Bank of America announcing the possibility that it will consider no longer using the mortgage processing and appraisal services now provided by LPS after its merger with Countrywide. FIS says BofA is leaning towards handling those particular functions in-house.
In the filing, FIS added, “These services together generated approximately 1.4-percent of FIS consolidated and 4-percent of LPS revenue in 2007. If this decision becomes final, the Company anticipates that a mortgage processing conversion would take from 12 to 30 months after completion of the merger.”
Posted by S. Germain at 08:10 AM | Comments (0)
Exponential Growth Prompts MCS to Outsource
Mortgage Contracting Services (MCS), a property preservation and inspection services provider, says increased demand for the company’s services has prompted the organization to begin outsourcing some of its accounting and support functions.
Leaders at MCS say business is booming with the company experiencing 80-percent growth last year alone. With more business from top mortgage industry clients, MCS is turning to outsourcing to streamline the platform’s work flow and expenses. About eight-percent of the company’s work is now outsourced.
Posted by S. Germain at 08:09 AM | Comments (0)
Visionet Ups the Ante, Expands India BPO Operations
Visionet Systems, an end-to-end BPO provider that offers services to banks and title companies, is growing its business process outsourcing (BPO) operations by opening a new location in Bangalore, India.
According to a company release, Visionet says their growth comes from the areas of high cost lending auditing, tax searches, title policy production, lien release, loan boarding, and repurchase management.
Posted by S. Germain at 08:07 AM | Comments (0)
June 06, 2008
Fidelity National Financial to sell 20% of ownership stake in Sedgwick CMS
Fidelity National Financial Inc. Thursday said it is selling 20% of its ownership stake in Sedgwick CMS to UnitedHealth Group Inc.
Posted by S. Germain at 08:31 AM | Comments (0)
QuestSoft, Loan Energizer Enhanced Full Integration, Simplify Compliance for Lenders
QuestSoft announced that the company’s Compliance EAGLE, an end-to-end, fully automated compliance review system, has been integrated into Loan Energizer™. Loan Energizer is a loan origination system (LOS) designed by Encino, Calif.-based Management Systems Development, Inc. that provides complete underwriting and closing support for brokers and lenders of any size.
Posted by S. Germain at 08:28 AM | Comments (0)
FirstClose(TM) Launches Private Real Estate Auction Sites
FirstClose announced that it has launched private real estate auction sites in tandem with strategic partner investor groups ready to purchase Real Estate Owned (REO) and Short Sale properties from lending institutions. With over $300 Billion in available investor funds and over $3 Billion per month required to be invested, the Auction Sites offer an immediate solution for lenders desiring to sell properties.
Posted by S. Germain at 08:27 AM | Comments (0)
Stewart Title Guaranty Company Makes Deposit in Carver State Bank of Savannah to Seed Community Development in Minority Neighborhoods
Stewart Title Guaranty Company made a $100,000 deposit with Carver State Bank of Savannah, a minority-African American owned community bank in Savannah, Georgia. As a global real estate settlement services provider driven by sound investments, Stewart officials know that the real benefit will not be realized in just dollars and cents. This deposit will assist in the growth of small business opportunities in the vibrant Savannah market and promote higher levels of minority homeownership.
Posted by S. Germain at 08:26 AM | Comments (0)
FNC(R) Technology to Help Fannie Mae Streamline Appraisal-Related Processes
Fannie Mae is using FNC systems to mitigate risk and streamline its appraisal-related processes.
Fannie Mae began using the CMS to streamline its foreclosure appraisal processes in two of its divisions: the National Property Disposition Center (NPDC) and the National Underwriting Center (NUC), both in Dallas.
Both the NPDC, which processes more than 10,000 appraisals per month, and the NUC, which processes about 1,000 appraisals per month, are concerned about mitigating risk associated with fraud, according to John Scott, FNC's director of alliance sales.
Posted by S. Germain at 08:25 AM | Comments (0)
Nationwide Title Clearing Introduces ExpressRetrieval.com Online Service
Nationwide Title Clearing Inc. has launched ExpressRetrieval.com, an online service that allows mortgage industry professionals to place orders for research and retrieval of recorded real estate documents nationwide. According to the company, ExpressRetrieval.com allows users to order hard-to-find documents for any recording jurisdiction nationwide, one at a time or in bulk, and for a reasonable and predictable rate.
Posted by S. Germain at 08:19 AM | Comments (0)
Cogent Road Incorporates IRS Data In Funding Suite
Cogent Road has launched a new feature in Funding Suite, its credit management platform, that enables loan originators to quickly and securely retrieve borrowers' tax documents online from the Internal Revenue Service (IRS).
Posted by S. Germain at 08:17 AM | Comments (0)
May 30, 2008
Core Mortgage Group, LLC Selects Guardian Mortgage Services to Provide Outsource Fulfillment Services for Back Office Operations
Core Mortgage Group, LLC, has made a commitment to grow by selecting Guardian Mortgage Services (GMS) to provide closing and post-closing services to support its retail operations. GMS, a national provider of back-office outsource closing services for lenders, is a division of Colorado-based Guardian Mortgage Documents.
Posted by S. Germain at 08:14 AM | Comments (0)
Navigant Partners Teams With Situs Cos. For Due Diligence Services
Navigant Partners LLC has formed a strategic alliance with The Situs Cos., a global real estate services firm, to provide property due diligence, valuation and other property-related services for mergers and acquisitions in the commercial real estate and financial services industry.
Posted by S. Germain at 08:12 AM | Comments (0)
CB Richard Ellis Adds Financial And Tax Reporting Services
Commercial real estate services firm CB Richard Ellis Group Inc. has launched its financial and tax reporting services practice within the valuation and advisory services group, a new initiative intended to provide clients with a comprehensive array of services to help their financial reporting and transparency requirements. Kyle Redfearn, managing director, will lead this new initiative.
Posted by S. Germain at 08:10 AM | Comments (0)
Red Vision Announces Electronic Statewide Title Plant
Red Vision Systems, Inc., a company that provides property research and technology solutions, recently announced the availability of an electronic plant that will provide the entire state of Maryland with easy to access title search options and courthouse records.
Posted by S. Germain at 08:08 AM | Comments (0)
GMAC-RFC Selects ISGN Lending Solution
ISGN said that UK-based GMAC-RFC Property Finance Limited has agreed to utilize the company's Construction Lender (TCL) software system to streamline the creation and management of loans and reduce risk.
The TCL product allows lenders to simultaneously handle relationships with service providers, while also juggling property inspections via the Internet and managing and reducing call center workloads.
Posted by S. Germain at 08:07 AM | Comments (0)
ValuFinders Promotes Flexibility of Appraisal CONCIERGE
ValuFinders, Inc., is promoting the flexibility of its Web-based Appraisal CONCIERGE appraisal ordering system in light of recent discussions about the GSEs adopting a new appraisal code of conduct.
“Existing Appraiser CONCIERGE features include the random selection of an appraiser, appraiser independence, monitored communications and free automatic delivery of the appraisal report to the borrower, which are requirements according to the proposed Code of Conduct,” said Joe Williams, president and chief executive officer of ValuFinders.
Posted by S. Germain at 08:04 AM | Comments (0)
May 23, 2008
Fidelity National Real Estate Solutions Releases Upgraded rDesk Suite
Fidelity National Financial, Inc. has announced that Fidelity National Real Estate Solutions (FNRES) has released a major new upgrade to its popular rDesk Suite of agent and broker products.
Key among the enhancements is a feature that enables agents to offer consumers access to the full power of the latest automated valuation modeling via their own branded Web sites, and an rDesk CMA comparative marketing analysis function, which features stylish new graphic designs on all printed documents.
Posted by S. Germain at 08:31 AM | Comments (0)
LandAmerica to Combine Residential Services with Lender Services
LandAmerica Financial Group, Inc. announces its Residential Services and Lender Services are joining forces to create a single powerful Residential Services customer channel effective June 30, 2008. This move will strategically align LandAmerica even more closely with its customers and enhance the company's service delivery to builders, Realtors(R) and lenders nationwide. Company officials explained that the merger represents the natural evolution of its customer-focused organizational structure.
Posted by S. Germain at 08:30 AM | Comments (0)
LandAmerica Announces the Opening of the LandAmerica Title Insurance Company of Mexico, S.A.
LandAmerica Financial Group, Inc. announces its LandAmerica Title Insurance Company of Mexico, S.A. ("LATIM") subsidiary has received licensing approval from the Mexican government to operate as a title insurance underwriter in Mexico.
Posted by S. Germain at 08:29 AM | Comments (0)
Interthinx(R) Offers Robust Analytics to Detect Mortgage Loan Occupancy Fraud and Undisclosed Properties
Interthinx®, Inc. announces a new module available through FraudGUARD® to identify and manage potential occupancy and ownership misrepresentations in loan files. The module includes an unparalleled analysis of a borrower's history of property ownership and critical new alerts within the proven FraudGUARD® scoring system. Interthinx customers are able to detect undisclosed properties that can skew debt-to-income ratios, and discover investors who falsely claim owner occupancy status in loan applications.
Posted by S. Germain at 08:14 AM | Comments (0)
JVI Appraisal Division, Visre Partner On Appraisal Products
Appraisal imagery provider Visre Inc. has formed a multi-year partnership with JVI Appraisal Division LLC, a provider of real estate owned (REO) valuations, portfolio evaluations and origination appraisal services. Armed with Visre's ability to rapidly capture and authenticate high-quality property photos and video, JVI will introduce new image-enabled valuation products designed specifically to meet industry demand for improved reliability, faster turnaround and lower costs, the companies state.
Posted by S. Germain at 08:08 AM | Comments (0)
Zaio Launches “Go Live 2008”
Zaio, Inc., launched a new program this week called “Go Live 2008,” to help the company's Zone Owners increase their volumes quickly and efficiently.
Go Live is centered around the company's Zone owners, which are essentially appraisers in a particular geographical region that are using Zaio's technology. Each Zone covers approximately 10,000 properties, according to Zaio. Go Live is a concentrated effort to move those Zone Owners to 'live' status in a streamlined manner.
Posted by S. Germain at 07:50 AM | Comments (0)
May 16, 2008
ISGN Rebrands All Subsidiaries
ISGN Technologies Ltd., has announced a rebranding of MortgageHub and Dynatek as well as all its other subsidiary companies. Software providers MortgageHub and Dynatek will be known as ISGN; onDemand service provider Inuva and Tradewinds Mortgage Document Preparation Co., a provider of document preparation/fulfillment services, will be known as ISGN Fulfillment Services; and Cocamar, a provider of cost analysis/risk mitigation services, will be known as ISGN Inspection Services.
Posted by S. Germain at 08:23 AM | Comments (0)
FNC Automation Ensures HVCC Compliance for Mortgage Lenders
FNC's premier analytic product-GAAR® (Generally Accepted Appraisal Rules(TM)) - can help lenders comply with provisions that will require them to report the results of quality control testing.
Built into FNC's Collateral Management System® (CMS®) - the GAAR Compliance Series automatically reviews appraisals for regulatory and Fannie Mae and Freddie Mac seller/servicer compliance. GAAR is also available online and through FNC's new Collateral Headquarters(TM), a workflow solution developed for regional and community banks.
Posted by S. Germain at 08:21 AM | Comments (0)
First Houston Mortgage Selects MRG For Document Preparation Services
MRG Document Technologies announced that First Houston Mortgage, a mortgage-banking firm licensed in 18 states that offers expertise in every aspect of the residential mortgage lending process, has selected MRG for its emphasis on compliance in the document preparation, management and closing processes.
Posted by S. Germain at 08:18 AM | Comments (0)
Solidifi Expands Collateral Valuation Services to the U.S. Mortgage Market
Solidifi Inc., a leading technology-based provider of collateral valuation and risk management services in Canada, announced today that it has opened its U.S. head office in Chicago, Illinois, and extended its suite of solutions into the national mortgage market.
Posted by S. Germain at 08:17 AM | Comments (0)
Interlink Forms Strategic Partnership with eLynx
Alliance Adds Handwritten Electronic Signature Support to eLynx's expedite™ Platform.
Posted by S. Germain at 08:15 AM | Comments (0)
Del Mar DataTrac Integrates with QuestSoft in VSP 2.0
Del Mar DataTrac(R), Inc. announced that it has integrated with QuestSoft in the newest release of its Vendor Service Platform (VSP 2.0). Del Mar DataTrac provides solutions that empower small- and medium-sized mortgage bankers to deliver extraordinary customer service and drive up production while reducing risk, increasing productivity and streamlining their overall efficiency.
Posted by S. Germain at 08:11 AM | Comments (0)
Adify Partners With Fidelity National Real Estate Solutions on Industry's First Real Estate Vertical Advertising Network
Adify announced a partnership with the Cyberhomes Media Group, part of Fidelity National Real Estate Solutions, who on May 13th announced the launch of the Cyberhomes Vertical Advertising network, the first real estate vertical advertising network. The Cyberhomes Vertical Advertising network will leverage the popularity of CMG's flagship website, Cyberhomes.com and thousands of broker and REALTOR® hosted web sites to provide member real estate-related publishers additional revenue-generating capabilities through access to high quality, relevant advertisers.
Posted by S. Germain at 08:06 AM | Comments (0)
Radian Reports First-Quarter Loss
After recording a $106.9 million profit in 2007, the housing slump and credit crunch caused Radian Group Inc. to post a $215.2 million loss for the 2008 first quarter. Claims paid by the Philadelphia-based mortgage and bond insurer rose almost twofold to $190.19 million from $95.82 million in last year's first quarter.
Posted by S. Germain at 07:52 AM | Comments (0)
May 09, 2008
LandAmerica Fraud Detection Program Helps Agent Partners Safeguard Revenues and Avoid Costly Fraud Claims
LandAmerica Financial Group, Inc. is making its Fraud Detection Program, which helps the company's Agent Partners safeguard their business revenues and avoid potentially costly fraud claims litigation, available nationally for the first time. The program is being introduced nationwide after being successfully tested among Agent Partners in LandAmerica's Northwest Region of operations.
Posted by S. Germain at 08:11 AM | Comments (0)
Cyberhomes Announces Launch of Richer, Redesigned Real Estate Listings and Home Evaluation Site
Fidelity National Financial, Inc. has announced the release of a completely redesigned and enhanced Cyberhomes.com, the real estate listings and home evaluation site from Fidelity National Real Estate Solutions (FNRES).
The changes reflect the extraordinary growth that Cyberhomes experienced during its introductory year. The new site brings to the forefront the more than 2.5 million homes for sale licensed from its broker, MLS and franchisor content partners, and expands upon the presentation of home and neighborhood evaluation information for which it is already well-known, covering 100 million property, ownership, sales and mortgage records drawn from more than 85 percent of the United States population. Cyberhomes now also features more than half-a-million virtual tours, and 700,000 foreclosure and pre-foreclosure listings.
Posted by S. Germain at 08:10 AM | Comments (0)
MRG, Lydian Offer Origination Fulfillment
MRG Document Technologies, and Lydian Data Services, have formed an alliance to enable lenders to outsource services spanning from origination to post-closing quality control. The alliance enables MRG to extend its Miracle document preparation system to origination fulfillment customers who use Lydian to supplement or replace their own internal processes.
Posted by S. Germain at 08:04 AM | Comments (0)
Wolters Kluwer Financial Services Named ''Preferred Partner'' By Baker Hill
Wolters Kluwer Financial Services announced that Baker Hill has named the company a “Preferred Partner.” The designation symbolizes a strong alliance between the two leading financial services industry providers in which Baker Hill will actively promote Wolters Kluwer Financial Services’ ComplianceOneTM solution as the regulatory compliance solution of choice to be used with Baker Hill’s loan origination systems.
Posted by S. Germain at 07:59 AM | Comments (0)
Keller Williams(R) Realty Sends Listings to Zillow.com(R)
Zillow.com and Keller Williams Realty Inc. today announced a partnership which enables Keller Williams to automatically feed the listings of the company's 73,000 associates to Zillow.com on a daily basis, joining the Zillow Listings Feed program, which launched in November 2007.
Posted by S. Germain at 07:53 AM | Comments (0)
Stewart Reports Updated Operating Results for the First Quarter 2008
Read the entire story here.
Posted by S. Germain at 07:50 AM | Comments (0)
American Federal Mortgage Deploys Del Mar DataTrac's DocumentTrac
Del Mar DataTrac Inc. says that American Federal Mortgage Corp. has implemented the company's electronic imaging platform, DocumentTrac. DocumentTrac enables lenders to share documents electronically among branches, brokers, and investors quickly and freely, while reducing labor and delivery costs. The platform also reduces storage costs, while enabling easy, secure retrieval, Del Mar DataTrac adds.
Posted by S. Germain at 07:49 AM | Comments (0)
Mortech, AllRegs Form Strategic Alliance
Mortech and AllRegs have formed a relationship to simplify the loan closing process. According to the companies, the strategic alliance enables both companies to continue to deliver product and pricing information in an all-in-one solution to thousands of mortgage professionals. Mortech provides all-in-one pricing, rate notification, and prospect management tools. With the addition of AllRegs, the two companies will cross-sell their solutions, enabling lenders to increase close ratios.
Posted by S. Germain at 07:47 AM | Comments (0)
Equifax's New Mortgage Risk Tool
Equifax, Inc., launched a tool that's designed to help investors assess the credit risks associated with mortgage loans originated in certain geographic areas. Equifax released the new tool—Mortgage Market Risk InsightTM (MRI)—that provides investors with the most up-to-date credit information on borrowers living in certain zip codes.
Subscribers of the tool benefit from a comprehensive review of mortgage loans that are still in compliance, but potentially at-risk of default because of their association with certain data patterns.
Posted by S. Germain at 07:43 AM | Comments (0)
May 02, 2008
Stewart Information Services Q1 Net Loss Widens
Stewart Information Services Corp. reported a wider net loss for the first quarter, hurt by a decline in title orders on lower home sales. The company posted a net loss of $22.3 million, compared to a loss of $4.8 million in the prior year quarter.
Read the entire story here.
Posted by S. Germain at 08:14 AM | Comments (0)
LandAmerica Slips To Q1 Loss
LandAmerica Financial Group Inc. reported a net loss of $24.2 million for the first quarter of fiscal 2008, compared to profit of $4.7 million in the last year quarter. Revenues for the quarter declined to $686.4 million from $948.6 million in the same quarter last year.
Read the entire story here.
Posted by S. Germain at 08:11 AM | Comments (0)
Stewart Information Services 1Q losses increase
Stewart Information Services Corp. said first-quarter losses widened due to a sharp decline in title insurance revenue. Losses increased during the quarter ended March 31 to $22.3 million, or $1.24 per share, from $4.8 million, or 26 cents per share, during the same quarter the previous year. Total revenue fell 26 percent from the year-ago period to $394.1 million.
Read the entire story here.
Posted by S. Germain at 08:09 AM | Comments (0)
Radian Presents Remediation Plan to GSEs
Radian Group Inc. has presented a comprehensive business and financial plan to Fannie Mae and Freddie Mac that is aimed at restoring the profitability of its mortgage insurance business, according to the company. Radian said it presented the plan to officials from both government-sponsored enterprises on April 10, two days after Standard & Poor's Ratings Services lowered its rating on the MI subsidiary, Radian Guaranty Inc., from AA-minus to A. This triggered a requirement that Radian submit a remediation plan to the GSEs.
Posted by S. Germain at 08:03 AM | Comments (0)
Stewart Title Ltd. Offers Lenders Cover Against Loss Resulting From Mortgage Fraud
Stewart Title Ltd., the underwriter of United Kingdom transactions for Stewart Title Guaranty Company, can provide lenders the cover they need to safeguard their mortgage transactions. With the UK experiencing a rise in the number of mortgage related frauds, Stewart Title offers title insurance to help provide cover against such fraud. For a one-off premium, the policy provides cover for a lender and any successor to its title in the mortgage.
Posted by S. Germain at 07:59 AM | Comments (0)
Interthinx(R) Releases Enhanced APR Calculator Within Its PredProtect Regulatory Compliance Suite(SM)
Interthinx, Inc. has announced a new APR calculator enhancement to its PredProtect loan-level regulatory compliance solution. The enhancement gives Interthinx customers two options for verifying the accuracy of their disclosures under the federal Truth-In-Lending Act (TILA). Lenders may now choose APRWin from the Office of Comptroller of Currency (OCC) or the new engine that validates payment streams and creates printable amortization schedules.
Posted by S. Germain at 07:57 AM | Comments (0)
AllRegs Acquires Merit Matrix
AllRegs announces the acquisition of Merit Matrix. The acquisition of Merit Matrix allows AllRegs to round out its content available to mortgage bankers with more than 64 investors and nearly 3,000 loan products. Additionally, the acquisition of Merit Matrix also allows for mortgage professionals to continue using their existing loan platforms and product and pricing engines for loan transactions, which are now able to receive data directly from AllRegs via direct XML data feeds.
Posted by S. Germain at 07:51 AM | Comments (0)
American Federal Mortgage Deploys Del Mar DataTrac's DocumentTrac
Del Mar DataTrac(R), Inc. announced that American Federal Mortgage Corp. has implemented the company's electronic imaging platform, DocumentTrac(TM).
Posted by S. Germain at 07:49 AM | Comments (0)
Triad Guaranty and Lightyear Capital Enter Exclusive Negotiations to Form a New Mortgage Insurance Company
Triad Guaranty Inc. announced that it has entered into an exclusive arrangement with Lightyear Capital LLC to negotiate definitive agreements that would result in the creation of a new monoline mortgage insurance company. In addition, the new company would provide various forms of administrative and financial support to Triad Guaranty. Lightyear would be the lead investor and Triad Guaranty initially would not have any ownership in the new company.
Posted by S. Germain at 07:47 AM | Comments (0)
Custom Credit Systems, Hyland Software Team On Document Management
Custom Credit Systems (CCS) has formed a strategic partnership with Hyland Software Inc., developer of the OnBase enterprise document management software suite. Through this partnership, CCS will be able to provide its customers with enhanced document retrieval capabilities to increase efficiency in the overall lending process, according to the firms.
Posted by S. Germain at 07:45 AM | Comments (0)
DocuTech Automates California RE 885 Disclosure Calculations
DocuTech, a national provider of compliance and document services to lenders, has provided an update of its ConformX mortgage document software that automates and guarantees compliance with California's new subprime lending best practices law.
Posted by S. Germain at 07:44 AM | Comments (0)
Red Vision Completes First Electronic Statewide Title Plant In Maryland
Red Vision Systems Inc. has built an electronic plant providing 100% coverage for the state of Maryland. The TitleVision plant employs advanced posting algorithms to deliver customers fast and accurate property search products from its database of courthouse and property tax records. Red Vision notes that it differentiates itself from traditional abstractors by combining statewide electronic plants and collaborative workflow technology with a team of local title experts and customer service professionals.
Posted by S. Germain at 07:43 AM | Comments (0)
April 25, 2008
Zillow.com Chooses Digital Map Products to Deliver Parcel Boundary Data
Digital Map Products announced the popular online real estate website Zillow.com® has added DMP's enhanced parcel boundary data to help its users make more informed real estate decisions. Zillow.com said it turned to Digital Map Products for the company's expertise in aggregating a wide range of spatial-based data, including parcel boundaries and delivering it in an affordable and convenient format.
Posted by S. Germain at 08:27 AM | Comments (0)
ValuFinders Enhances Application to Comply with New Home Protection Valuation Code
ValuFinders, Inc. announced today that the company has developed a system enhancement to its Web-based appraisal ordering system, Appraisal CONCIERGE. The enhancement is in anticipation of the proposed Home Valuation Protection Code that will go into effect Jan. 1, 2009. The code was created to restore faith back into the appraisal process.
Posted by S. Germain at 08:24 AM | Comments (0)
CrossCheck Compliance Adds BasePoint FraudMark(R) Score to Reinvent Loan Due Diligence
BasePoint Analytics™ announced that CrossCheck Compliance has selected BasePoint’s FraudMark® solution as a core component in their new approach to due diligence for loan and portfolio purchases.
The FraudMark solution uses sophisticated analytic scoring technology to identify suspicious mortgage loans, facilitating quick and effective due diligence on high risk loans before purchase or funding. The models accurately predict the likelihood of a loan containing fraud that will result in financial loss to the investor/lender. The FraudMark score risk ranks all loans to create a highly targeted subset of loans for the Enhanced Fraud Review. The precise fraud score provided by FraudMark, with market leading low false positive ratios, results in high detection of fraud with minimal operational impact.
Posted by S. Germain at 08:22 AM | Comments (0)
FIS First Quarter Revenues Increase 20.5%
Fidelity National Information Services, Inc. today announced financial results for the first quarter of 2008. First quarter results include the divestiture of certain businesses which are reported as discontinued operations for all periods presented.
Read the entire story here.
Posted by S. Germain at 08:20 AM | Comments (0)
MBS ProClose Launches ProClose Platinum Web Services
MBS ProClose has launched its MISMO XML-native ProClose Platinum Web Service. Governed by rules-based automation, ProClose Platinum delivers a set of closing docs in PDF form, ready to print, e-deliver or both, just seconds after the loan file is completed, the company says.
Posted by S. Germain at 08:15 AM | Comments (0)
FirstClose Partners With America's Home Rescue
FirstClose has formed a strategic alliance with America's Home Rescue LLC to provide technology services designed to significantly streamline the pre-foreclosure and short-sale process. According to the companies, this alliance offers unique benefits to homeowners, real estate agents and lending institutions alike.
Posted by S. Germain at 08:14 AM | Comments (0)
MRG Teams With Lydian Data Services On Outsourcing
MRG Document Technologies has formed an alliance with Lydian Data Services, a provider of end-to-end outsourcing services for all aspects of the mortgage operation. The alliance enables MRG to extend its Miracle document preparation system to Lydian Data Services' origination fulfillment center customers, who use Lydian's outsource capabilities to supplement or replace their own internal processes, thereby controlling fixed costs while maintaining or raising output quality.
Posted by S. Germain at 08:12 AM | Comments (0)
Zaio Hits Milestone With 20 Million Property Photos
Zaio Corp. has surpassed 20 million photos of individual parcels of real estate in its growing national database. Zaio says it is coordinating the photography, inspection and appraisal of properties throughout the nation. The company's patent-pending technology is designed to be used by appraisers and help lenders obtain real-time appraisals from a secure database in much the same way they obtain credit reports.
Posted by S. Germain at 08:11 AM | Comments (0)
Wolters Kluwer and FIS Partner to Offer Loan Mods and Compliance
Wolters Kluwer Financial Services has partnered with Fidelity National Information Services (FIS) in a deal that will allow Fidelity's FIS Desktop—a document and expense management system that helps servicers through the origination and loss mitigation processes—to implement Wolters Kluwer's Desert Document Services into its system.
Desert Document Services will allow FIS to have immediate access to a repository of documents that comply with all of the state and federal guidelines.
Posted by S. Germain at 08:07 AM | Comments (0)
April 18, 2008
Company Launches Special Servicing Unit
Strategic Recovery Group LLC, a national mortgage asset recovery company, has launched a special servicing unit, Acqura Loan Services. Acqura offers a full spectrum of servicing, loss mitigation, and collection services and creates a customized risk-management solution for each of its clients.
Posted by S. Germain at 08:42 AM | Comments (0)
RealtyTrac, Reliance Network Join Forces
RealtyTrac and Reliance Network LLC have announced a strategic partnership that will allow Reliance Network's clients to have real-time access to RealtyTrac's nationwide foreclosure database.
Posted by S. Germain at 08:40 AM | Comments (0)
Fidelity National Information Services, Inc. Announces Receipt of IRS Private Letter Ruling
Fidelity National Information Services, Inc. announced that it has received a formal private letter ruling from the Internal Revenue Service that the previously announced spin-off of Lender Processing Services ("LPS") will be tax-free to FIS, as well as to LPS and FIS shareholders. FIS shareholders will recognize a gain or loss on the receipt of cash in lieu of fractional shares.
Posted by S. Germain at 08:31 AM | Comments (0)
ValuAmerica Vendor Management Software Will Now Assure Compliance With Federal Rules on Directed Appraisals
ValuAmerica announced a new release of its ValuNet xsp software that will prevent directed appraisals and ensure compliance with current valuation requirements of the Federal Reserve, Federal Deposit Insurance Corporation, Office of The Comptroller of the Currency (OCC) and Office of Thrift Supervision (OTS).
The system will also help lenders to comply with the terms of the recent agreement on appraisals between the New York Attorney General and Fannie Mae, Freddie Mac and OFHEO.
Posted by S. Germain at 08:28 AM | Comments (0)
Fidelity National Information Services, Inc. Increases Share Repurchase Authorization and Declares Quarterly Dividend
Fidelity National Information Services, Inc. announced that its Board of Directors has authorized the repurchase of up to $250 million of FIS common stock. This authorization replaces the company's previous share repurchase authorization, of which approximately $117 million was outstanding.
Posted by S. Germain at 08:26 AM | Comments (0)
PPR Debuts Structured CRE Loan Module
Boston-based Property & Portfolio Research Inc. (PPR) has launched its Structured Loan Module as an enhancement to COMPASSCRE, a desktop and Web services tool that calculates default metrics calibrated to historic commercial real estate mortgage defaults.
The addition of the Structured CRE Loan Module allows the modeling of structured loans, both A/B-type structures as well as mezzanine loans. It also takes into account the impact of loan seasoning and allows the determination of a time series of expected loss for any particular loan structure across market and property type, the company notes.
Posted by S. Germain at 08:20 AM | Comments (0)
Fidelity National Information Services Launches Expedited Payments
Fidelity National Information Services Inc. (FIS) has debuted FIS Expedited Payments, a secure turnkey solution that enables financial institutions and merchants to quickly deploy an online payment option for statements and invoices. Consumers may search, view and pay their bills through a simple, seamless online user interface designed to match corporate branding, the company says.
Posted by S. Germain at 08:18 AM | Comments (0)
Vuecentric Adds Credit Repair Functionality To MortgageDashboard
Vuecentric Inc., has released a new module for use with its MortgageDashboard loan origination system that allows mortgage originators to provide a free credit analysis to borrowers and work with them to solve problems that prevent them from qualifying for a new home loan. The new functionality is part of the MortgageDashboard Credit Center and is provided by Las Vegas-based Credit Source One.
Posted by S. Germain at 08:17 AM | Comments (0)
April 04, 2008
Fidelity National Financial, Inc. Announces 1st Quarter 2008 Earnings Release and Conference Call
Fidelity National Financial, Inc. will release 1st quarter 2008 earnings after the close of regular market trading on Wednesday, April 23, 2008. A conference call will follow at 11:30 a.m. Eastern Time on Thursday, April 24, 2008. Those wishing to participate via the webcast - www.fnf.com. Those wishing to participate via the telephone may dial-in at 888-639-6205 (USA) or 703-925-2608 (International).
Posted by S. Germain at 08:45 AM | Comments (0)
LandAmerica Announces Dates for First Quarter 2008 Results and Conference Call
LandAmerica Financial Group, Inc. announces that it will release operating results for the first quarter 2008 after the market closes on Tuesday, April 29, 2008. Additionally, the company will sponsor a conference call on Wednesday, April 30, 2008, at 10:00 AM ET to discuss the results.
Those wishing to participate in the live call should dial 1-877-407-0782 and request to be connected to the LandAmerica conference. Additionally, the call will be simultaneously broadcast over the internet via LandAmerica's website (http://www.landam.com). Click Investor Information > Calendar of Events.
Posted by S. Germain at 08:44 AM | Comments (0)
Wells Broadens E-Disclosure Acceptance
On the heels of approving the acceptance of DocuSign electronic signature technology, Wells Fargo has announced that it will now accept e-disclosures and e-1003s from eLynx and Encomia as well.
Posted by S. Germain at 08:41 AM | Comments (0)
Cogent Road Debuts Score Protection with Funding Suite
Cogent Road has launched Score Protection, Funding Suite's newest technology offering that eliminates additional inquiries by protecting any of the scores in a preexisting credit file provided the original file is less than 30 days old.
Posted by S. Germain at 08:39 AM | Comments (0)
IBM Opens Mortgage Lending Service Center; Signs Coastal Federal Credit Union
A new IBM facility, for subsidiary IBM Lender Business Process Services, Inc., has opened in Charlotte, N.C., to serve the outsourcing needs of the mortgage-processing industry. Raleigh-based Coastal Federal Credit Union, which recently signed a five-year deal with LBPS, is expected to save 30 to 40 percent in mortgage origination costs by turning over its loan fulfillment, IBM said.
Posted by S. Germain at 08:34 AM | Comments (0)
Landata Technologies, Inc. and Optical Storage Solutions Form a Strategic Alliance
Landata Technologies, Inc. and Optical Storage Solutions (OSS) formed a strategic alliance to integrate the Landata eSTAR eRecording product with the OSS land records management system, LANDEX. Landata offers LANDEX users their e-Link software application as a seamless integration to allow for remote electronic submission of land records to select participating county recorders.
Posted by S. Germain at 08:33 AM | Comments (0)
Landata Technologies, Inc. and Optical Storage Solutions Form a Strategic Alliance
Landata Technologies, Inc. and Optical Storage Solutions (OSS) formed a strategic alliance to integrate the Landata eSTAR eRecording product with the OSS land records management system, LANDEX. Landata offers LANDEX users their e-Link software application as a seamless integration to allow for remote electronic submission of land records to select participating county recorders.
Posted by S. Germain at 08:33 AM | Comments (0)
Radian Guaranty Eliminates Stated-Income, Stated-Asset Programs
Radian Guaranty Inc., the primary mortgage insurance subsidiary of Radian Group Inc., says that mortgages originated under stated-income and stated-asset programs will no longer be eligible for mortgage insurance.
Posted by S. Germain at 08:30 AM | Comments (0)
Red Vision Adapts TitleVision Platform for New House Title
Red Vision, a provider of real property research solutions, announced their recent partnership with New House Title, a Florida-based foreclosure service firm, to adapt Red Vision's Title Vision solution to meet New House's expanding business needs.
The TitleVision solution helps to save companies, such as New House Title, time and reduce the errors that can occur when reviewing records for title searches, including courthouse records, property appraiser values, and property tax data.
Posted by S. Germain at 08:24 AM | Comments (0)
Zaio's New Program Focuses on Quality Appraisals
Zaio Corp. rolled out a new solution Monday—the Propertywise Qualified Appraisal Program—which was designed to give lenders and investors the confidence of knowing an appraisal is coming from a qualified appraiser.
The system allows mortgage brokers to submit their appraisal requests through a technology platform. In turn, Zaio sends the appraisal off to a qualified, pre-screened and independent appraiser, who later sends their independent appraisal back to Zaio Inc.
Posted by S. Germain at 08:23 AM | Comments (0)
Radian Guaranty Introduces New Mortgage Program
Radian Guaranty has rolled out its new FastAdvance program, which provides partial claims advances that enable residential loan servicers to help troubled borrowers by arranging a customized repayment plan or modifying the terms of a mortgage. In addition, the company has teamed up with Consumer Credit Counseling Service of Delaware Valley (CCCS) to provide assistance, educational outreach and a method of direct communication between borrowers and servicers using Radian FastAdvance.
Posted by S. Germain at 08:13 AM | Comments (0)
Zillow Launches Mortgage Marketplace
Zillow.com, which got its start two years ago as an online property valuation site, is expanding its reach into the world of mortgages. Prospective borrowers who log on to the site and complete a comprehensive loan request form will receive quotes and rates from registered lenders, which undergo background checks from Zillow. After receiving the quotes, Zillow.com users--who do not have to provide any identifiable information--then have the option to initiating contact with lenders and also to rate them.
Posted by S. Germain at 08:09 AM | Comments (0)
March 28, 2008
Fidelity National University Now Offers Free Online Training
Fidelity National Financial, Inc., has announced that free training for Paragon 4 MLS, the Fidelity National Real Estate Solutions (FNRES) platform used on many U.S. Multiple Listings Services, is now available through Fidelity National University, an online education and training service for real estate professionals located at fidelitynationalu.com.
Posted by S. Germain at 08:16 AM | Comments (0)
Interthinx Ensures Mini-Jumbo Compliance
Interthinx Inc., has expanded its PredProtect product to allow for loan-level regulatory compliance in order to respond to regional differences in limits for "mini-jumbo" conforming loans. The tool handles loans between $417,000 and $729,000 in California, Colorado, Hawaii, Maryland, New Jersey, New York, Virginia, and Washington, D.C., without waiting for system enhancements or upgrades, the company said.
Posted by S. Germain at 08:13 AM | Comments (0)
DocuSign Surpasses Eight Million Electronic Signatures Milestone
DocuSign today announced that it has completed more than eight million signature events since its launch in 2005. More than 70 percent of these eight million eSignatures were completed during the past 12 months alone, demonstrating the rapidly accelerating adoption of DocuSign.
Posted by S. Germain at 08:06 AM | Comments (0)
Kroll Factual Data Releases Innovative Mortgage Loan Employment and Income Risk Assessment Service
Kroll Factual Data announced an expansion of its suite of risk assessment services with the release of ActionFacts. ActionFacts uses a cutting-edge, proprietary risk assessment engine to comprehensively verify and assess applicant income and employment information as well as assets and liabilities.
An expansion of its successful risk assessment services, ActionFacts completes the suite of services which include FactualID, CollateralFacts and FullFacts. FactualID identifies borrower misrepresentation; CollateralFacts protects lenders against property value misrepresentation; and FullFacts identifies loan party collusion, conflict of interest, and non arms length transactions for every participant involved in a mortgage loan.
Posted by S. Germain at 08:02 AM | Comments (0)
GMD, Associated Software Consultants Build Interface
Guardian Mortgage Documents (GMD) says it is building an interface with Associated Software Consultants' (ASC) PowerLender loan origination system (LOS) to offer more document flexibility to its lender clients.
Posted by S. Germain at 07:59 AM | Comments (0)
Cogent Road Debuts Score Protection With Funding Suite
Cogent Road, a provider of Internet-based applications for the mortgage industry, has launched Score Protection, Funding Suite's newest technology offering that eliminates additional inquiries by protecting any of the scores in a preexisting credit file provided the original file is less than 30 days old.
Posted by S. Germain at 07:58 AM | Comments (0)
iMortgage Services Introduces PropertySmart
iMortgage Services LLC (iMS) has launched a comprehensive solution, the iMS PropertySmart platform, to help mortgage companies ensure compliance with the new government-sponsored enterprise Home Valuation Code of Conduct, which mandates the use of independent and unbiased appraisals.
Posted by S. Germain at 07:56 AM | Comments (0)
March 21, 2008
Stewart unit unveils touch-screen technology
A division of Stewart Information Services Corp. has launched a touch-screen technology for real estate closings. The company's TouchSign technology and Touch-to-Close software will begin deploying through Stewart's extensive network of offices and agencies this month, the company said.
TouchSign allows consumers to navigate through their closing documents by simply touching a finger to the TouchSign screens to provide their consent and signature for closing documents.
Posted by S. Germain at 08:45 AM | Comments (0)
DRI Web Enables Default Management
DRI Management Systems has planned to launch RINCON, a Web-enabled default management application. DRI talked about how RINCON helps servicers better manage defaults by using Web services to offer easy deployment, a more robust workflow, letters, forms and spreadsheets embedded in the workflow, automated connection between third parties, an exception-based setup to allow for a more automated process and an upgraded loss mitigation decisioning model.
Posted by S. Germain at 08:40 AM | Comments (0)
Real-Time ID Verification Now Possible
Rapid Reporting's DirectCheck product will be providing instant verification of Social Security numbers direct from the Social Security Administration for the first time in the mortgage industry. By adding immediate Social Security number verification to the other real-time components of DirectCheck, the industry now has a stronger, better way to reduce fraud at origination
Posted by S. Germain at 08:38 AM | Comments (0)
PushMX Software and Equity National Title Announce Strategic Partnership
Equity National Title, a national title and settlement service provider, and PushMX Software, an automated workflow solutions provider, have created a strategic partnership to provide access to title services through PushMX Production.
PushMX’s service provider interface allows users to order services during the loan process as well as track fulfillment through PushMX Production.
Posted by S. Germain at 08:34 AM | Comments (0)
Guardian Mortgage Documents (GMD) and Associated Software Consultants, Inc. (ASC) Build an Interface to offer Lenders Documents Through PowerLender Loan Processing Software
Guardian Mortgage Documents announced here at the MBA National Technology in Mortgage Banking conference that it is building an interface with Associated Software Consultants' PowerLender loan origination system to offer more document flexibility to its lender clients.
Posted by S. Germain at 08:29 AM | Comments (0)
ChoicePoint's MARI Introduces New Loan Fraud Alert Service
The Mortgage Asset Research Institute (MARI), a ChoicePoint company, has released its new MARI Loan Fraud Alert Service (LFAS). MARI LFAS is a mortgage industry-contributed loan process database that enables lenders and investors to identify potential application risk, patterns of fraud and hidden relationships among transaction parties.
Posted by S. Germain at 08:25 AM | Comments (0)
Ellie Mae Introduces CenterWise
Ellie Mae has launched CenterWise, an all-in-one electronic document management (EDM) and retail Web site package, available as a service through the Encompass Mortgage Management Solution.
CenterWise provides unlimited electronic document management, including all state-specific disclosures, delivery and archiving, along with a professional, scalable and search engine-friendly WebCenter Web site and secure online business center that enables communication among staff, borrowers and business partners, for a monthly subscription fee.
Posted by S. Germain at 08:22 AM | Comments (0)
Wolters Kluwer Financial Services Introduces New Doc Solution
Wolters Kluwer Financial Services has launched a new mortgage document solution, the Wolters Kluwer Financial Services Simplified Mortgage to help lenders and borrowers make the closing process for first-mortgage and home-equity loans simpler while complying with all federal and state regulatory requirements.
Through a U.S. patent-pending business process, the current recordable mortgage document is split into two content pieces: The first piece is a two- to three-page recordable instrument that contains all information required to create a valid lien and fully comply with the recording requirements of each state. The second piece is a non-recordable supplement that outlines a loan's standard covenants between the lender and borrower.
Posted by S. Germain at 08:19 AM | Comments (0)
MRG Now Offers Electronic Disclosures
MRG Document Technologies has added the ability to send disclosures to its customers in an electronic format. MRG says it can now route eDisclosure documents that are secure, electronically signable and fully compliant with all federal and state regulations.
Posted by S. Germain at 08:18 AM | Comments (0)
DocuTech, Gallagher Partner To Improve eDoc Services
DocuTech and Gallagher Financial Systems Inc. (GFS) have signed a contract which will integrate DocuTech's Web-based document solution, ConformX, with GFS' NetOxygen loan origination software (LOS).
Posted by S. Germain at 08:18 AM | Comments (0)
Zaio Inc. Announces “Preferred Appraiser” Status
Zaio Inc. announced that Veros Real Estate Solutions has named the company a “preferred appraiser.” The designation of “preferred appraiser” allows Zaio the opportunity to serve Veros customers with accurate and timely appraisals, while also providing them with a direct link to property valuation information through Zaio's database.
Posted by S. Germain at 08:15 AM | Comments (0)
FAS Doubles Size in REO-Focused Marketplace
Field Asset Services (FAS), a property preservation and REO maintenance and services provider, has nearly doubled its size and has added new key clients—including Fannie Mae, Keystone and IndyMac Bank—to accomodate today's foreclosure-riddled marketplace.
The company, which had 100 full-time employees in January of 2007, has grown its staff to 264 members and expects to fill 335 positions by the end of this year.
Posted by S. Germain at 08:14 AM | Comments (0)
March 14, 2008
MDA announces strategic acquisition in the U.S. financial services sector
MacDonald, Dettwiler and Associates Ltd. announced a strategic expansion of its Information Products business in the United States. The Company has entered into a definitive agreement to acquire certain lender solution businesses from TransUnion LLC's Real Estate Services division.
The acquired business includes collateral valuation solutions, property search solutions, mortgage credit solutions, closing solutions, and flood compliance solutions, all of which are designed to drive time, cost, and risk out of the residential lending cycle.
Posted by S. Germain at 08:39 AM | Comments (0)
FNC(R) Platforms Ensure Lenders Comply with New Fannie/Freddie Guidelines
Officials of mortgage technology company FNC, Inc. said they have industry-proven platforms that will ensure mortgage lenders comply with new Fannie Mae/Freddie Mac rules spelling out how home appraisals can be conducted.
The company's Collateral Management System for enterprise lenders and its Collateral Headquarters platform designed for regional and community banks are the solutions mortgage lenders will need when the new rules take effect Jan. 1.
Posted by S. Germain at 08:33 AM | Comments (0)
BancTec Acquires Regional Business Process Outsourcing (BPO) Leader DocuData Solutions
BancTec has acquired DocuData Solutions, an imaging, content management and media storage business process outsourcing (BPO) services provider with operations centers throughout Texas. The acquisition supports BancTec's strategy to expand its BPO business worldwide, adding 3 Texas processing centers to its 4 existing U.S. sites and 11 European sites.
Posted by S. Germain at 08:32 AM | Comments (0)
$11 Billion in Mortgage Loan Applications Called Into Question by Interthinx
Interthinx® announced that company analysts have uncovered more than 42,000 mortgage applications, totaling nearly $11 billion, containing significant misrepresentations of the borrowers' income. These applications were all originated and submitted for Interthinx review in the last six months of 2007.
The loans were discovered when Interthinx analysts determined that its FLEX (FraudNET Loan Exchange) program had generated 42,610 Income alerts.
Posted by S. Germain at 08:27 AM | Comments (0)
Wolters Kluwer Financial Services Introduces Disclosure Manager
Wolters Kluwer Financial Services has launched Disclosure Manager, an automated solution designed to replace a lender's paper-based home loan disclosure process. Disclosure Manager allows lenders to automate the entire initial loan disclosure process, from document creation to the secure electronic delivery of documents to borrowers for e-consent or e-signature, the company says. In addition, Disclosure Manager allows lenders to completely and securely outsource the printing and mailing of paper disclosures when needed or requested by the borrower through Wolters Kluwer Financial Services' SAS70-certified mail fulfillment center.
Posted by S. Germain at 08:23 AM | Comments (0)
InsideValuation: Taking Default Risk Analytics A Step Further
InsideValuation said that its strategic partnership with International Financing Engineering Group has produced a product that allows mortgage risk managers the ability to more effectively identify the risk of a loan defaulting. The tool does this by analyzing specific median home prices, property location, buyer behavior, affordability, unemployment and rent-versus-price ratios for the homes in question. Zip codes and property location play a significant role in the tool's ability to detect risk.
Posted by S. Germain at 08:22 AM | Comments (0)
National Database Captures Property Values
Zaio Corp., has developed an Appraisal Knowledge Warehouse, a database that seeks to provide fair and accurate appraisals to the industry.
Zaio's goal is to photograph, inspect and appraise every home in the U.S. The company mandates that its 140 million property records, of which 90 million are residential, be updated at least every 30 days. Using new listing data and sales data, appraisers are provided with guidelines on appraisal values.
Posted by S. Germain at 08:11 AM | Comments (0)
March 07, 2008
BB&T Selects Fidelity National Information Services’ ACBS Commercial Lending Solutions
Fidelity National Information Services, Inc. and BB&T Corporation announced that BB&T has selected FIS’ Advanced Commercial Banking Systems (ACBS®) to support its growing capital markets syndications and participations business.
BB&T will deploy the ACBS Origination, Servicing and DataMart solutions to efficiently originate and service commercial loans. FIS’ ACBS Lending Solutions are an integrated family of commercial lending products that automate the entire range of commercial lending activity – from deal origination, syndication and servicing to trading, settlement and portfolio reporting.
Posted by S. Germain at 08:31 AM | Comments (0)
Community Bank Mortgage Product Unveiled
ICBA Mortgage, the mortgage corporation of the Independent Community Bankers of America, and its partner Taylor, Bean Whitaker Mortgage Corp. have unveiled their newest product offering for community banks: Complete Mortgage Solutions. CMS gives ICBA member banks access to "consultative services that deliver a comprehensive blueprint for mortgage success -- from operational workflow, staffing, and training to technology, marketing, and mortgage products," said Terry Jorde, chairman of ICBA Mortgage.
Posted by S. Germain at 08:27 AM | Comments (0)
TSS Software Enhances TitleExpress
TSS Software Corp., a software provider to the settlement services industry, has announced enhancements to its flagship product, TitleExpress. Among the enhancements are integrations with Calyx's Point loan origination system, reporting for United General Title Insurance Co., and the addition of iOrderOpen.
Posted by S. Germain at 08:27 AM | Comments (0)
First Preston Chooses eMASON to Provide Automated Process Workflow
eMASON, Inc., announced today that eMASON and First Preston have formed a technology relationship to benefit joint customers. eMASON Clarifire® process automation will be used in conjunction with First Preston's technology provider HomeTracker® in order to connect First Preston's workflow and communications with other default related processes running in Clarifire. This connectivity will streamline processes by eliminating hand offs and provide easy visibility for their clients.
Posted by S. Germain at 08:22 AM | Comments (0)
BancTec Acquires Regional Business Process Outsourcing (BPO) Leader DocuData Solutions
BancTec, a global provider of advanced, high volume document and payment processing solutions and services, has acquired DocuData Solutions, an imaging, content management and media storage business process outsourcing (BPO) services provider with operations centers throughout Texas. The acquisition supports BancTec's strategy to expand its BPO business worldwide, adding 3 Texas processing centers to its 4 existing U.S. sites and 11 European sites.
Posted by S. Germain at 08:18 AM | Comments (0)
BMC Software Investments Inc. Acquires Loan-Score Decisioning Systems LLC
BMC Software Investments Inc., a Southeastern-based investment firm, announced that it has acquired Loan-Score Decisioning Systems LLC, an emerging leader in enterprise-class automated underwriting solutions. The acquisition positions Loan-Score to become a dominant player in the financial services industry for next-generation decisioning and risk management solutions. Terms of the deal were not disclosed.
Posted by S. Germain at 08:17 AM | Comments (0)
Zenta Expands To South Carolina
Zenta, a New York-based business process outsourcing and knowledge process outsourcing company, has established a 35,000 square-foot operations center in Florence, S.C., and will employ up to 250 people.
Posted by S. Germain at 08:08 AM | Comments (0)
GenEquity Mortgage Selects Guardian Mortgage Services
GenEquity Mortgage Inc., a division of Paragon Global Resources, has selected Guardian Mortgage Services (GMS) to provide closing, loan funding, line management and post-closing services to support its exiting business and its new national retail operation.
Posted by S. Germain at 08:07 AM | Comments (0)
MRG Offers One-Time Close Construction/Permanent Loan Closing Documentation
MRG Document Technologies has developed one-time close construction/permanent closing documentation for both conventional and Federal Housing Administration residential loans.
This one-time close documentation is available for both traditional construction as well as manufactured housing construction for all 50 states. Because MRG's in-house compliance attorneys developed the document packages with the consultation of local attorneys for each specific state jurisdiction, each document set is in full compliance with all federal and state lending requirements, the company notes.
Posted by S. Germain at 08:06 AM | Comments (0)
INTEGRA Software Systems Selects CSi System
INTEGRA Software Systems, a provider of residential mortgage software, has elected to integrate Compliance Systems Inc.'s (CSi) IntelleDoc Solutions, a comprehensive dynamic documentation system for its bank, credit union and mortgage lending customers.
Posted by S. Germain at 08:05 AM | Comments (0)
February 29, 2008
Fidelity National Information Services Releases FIS Desktop 2008
Fidelity announced the release of its FIS Desktop 2008. The product is described as a workflow management system that gives the company's clients in the financial sector an automatic, real-time and efficient direct link between default customers, vendors, service providers and investors. The company is able to do this by automating labor-intensive functions and eliminating the need to build multiple interfaces among various data and service suppliers.
- a redesigned user interface to meet the demands of the end user
- advanced integration with other industry partners
- provides clients with the opportunity to see and analyze active loans in the company’s Mortgage Servicing Package
Posted by S. Germain at 08:56 AM | Comments (0)
FIS Partners with Land America and First Horizon National
LandAmerica implemented Fidelity National Information Services Inc.’s SoftPro Select, a title and closing production package to power LandAmerica Link, its title and escrow system. Built on Microsoft’s .NET platform, SoftPro Select is a real estate service that will serve LandAmerica’s nearly 8,000 users in more than 800 direct offices nationwide.
Additionally, First Horizon National Corp., signed a multiyear contract under which FIS will provide technology outsourcing services for its open systems, which includes complete data center management.
Posted by S. Germain at 08:55 AM | Comments (0)
Southeast's Leading Real Estate Closing Law Firm Establishes Two National Divisions
Morris|Hardwick|Schneider, the largest real estate closing law firm in the Southeast and one of the largest in the nation, announced today that two new mortgage service divisions – National Default Services Division and National REO Division – have been established.
Posted by S. Germain at 08:48 AM | Comments (0)
FirstClose(TM) Reduces Closing Times for Superior Savings Credit Union from 30 days to 5 Days
FirstClose, a service of First Lenders Data, Inc., announced that it has added Superior Savings Credit Union to its list of growing customers. Superior Savings CU is now utilizing the FirstClose bundled mortgage settlement platform to obtain Credit Reports, Flood Zone Determinations, Automated Valuation Models (AVMs), and Equiguard, an instant alternative to title reports for home equity and second mortgage transactions.
Posted by S. Germain at 08:43 AM | Comments (0)
FICS Begins Roll Out of Business Objects' Business Intelligence Tools With Mortgage Servicer Solution
Financial Industry Computer Systems, Inc. announced the recent roll out of BusinessObjects™ Enterprise Professional (BOE) and Crystal Reports® XI to users of its residential mortgage loan servicing system, Mortgage Servicer™.
The business intelligence tools from Business Objects, the world's leading provider of business intelligence (BI) solutions, replace CA., Inc.’s EUREKA:Reporter and further meet the existing needs of FICS’ Mortgage Servicer customers.
Posted by S. Germain at 08:42 AM | Comments (0)
Harland Financial Solutions Introduces New Service Release Module
Harland Financial Solutions has rolled out a new Service Release Module for the Interlinq Loan Servicing system.
The Service Release Module supports the sale of loans by batch to each purchasing company. By importing data from Microsoft, Excel spreadsheets, text files or Microsoft Access databases, servicers can avoid re-keying loan information and associated errors.
Once the batch sale is processed, general ledger entries are automatically created for various loan balances, fees and adjustments to export to the accounting system, saving additional manual entry. Based on servicer criteria, the system also creates goodbye letters and follow-up ticklers, Harland Financial Solutions adds.
Posted by S. Germain at 08:34 AM | Comments (0)
Response Analytics Introduces DPM Tool
Response Analytics Inc. has introduced the industry's first distressed-portfolio management (DPM) solution.
Unlike conventional default management and servicing systems, RAI's DPM solution uses optimization-based technology to provide continuous portfolio valuations and optimal-recovery-rate recommendations matched to appropriate collection channels, the company says.
By adaptively learning how borrowers and portfolios will react to changing market and economic conditions, mortgage organizations can increase accuracy for valuations and cash flow forecasts - plus optimize workout recommendations.
Posted by S. Germain at 08:33 AM | Comments (0)
Weststar Mortgage Selects MRG For Document Preparation Services
MRG Document Technologies will provide document support to Weststar Mortgage Corp., an Albuquerque, N.M.-based direct lender that specializes in financing and purchasing non-conventional loans, for Weststar Mortgage's one-time-close construction-to-permanent transactions.
Posted by S. Germain at 08:31 AM | Comments (0)
REO Sentinel Offers New Property Monitoring Technology
REO Sentinel LLC has introduced a new technology called REO Sentinel, a patent-pending sel
