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  • March 03, 2010

    Byte Software Announces StreetLinks Integration in BytePro Appraisal Category

    StreetLinks is fully integrated in BytePro Software offering complete national appraisal services.




    KIRKLAND, WA: March 2, 2010 – Byte Software, a complete mortgage software solution providing banks, credit unions, mortgage bankers and mortgage brokers loan origination software from beginning to end, partnered with StreetLinks National Appraisal Services to offer a full suite of compliant and warranted valuation products to their customers. StreetLinks is a national appraisal management company (AMC) meeting all HVCC and FHA compliance requirements and all state and federal appraiser independence regulations. The integration in BytePro software speeds the process of ordering an appraisal by connecting directly with StreetLinks and eliminating duplicate entry. Data flows from BytePro to StreetLinks with a simple “click.”

  • March 03, 2010

    Countdown To Buy Enters Into New Pilot Program To Offer Foreclosed Properties Through Efficient and Transparent Online Marketplace


    Foreclosed properties in Dallas to be listed for sale the first week of March 2010

     

    BETHEL, CONNECTICUTMarch 3, 2010 - Countdown To Buy, a next generation online real estate marketplace that offers a fair and effective way to buy and sell properties, announced today that it has entered into a new pilot program with a leading banking institution to offer a sampling of foreclosed properties in Texas.   

  • February 26, 2010

    MDA DataQuick: Phoenix Area January Home Sales


    Phoenix Metro Area January Home Sales


     

    Reflecting a trend seen across much of the West, Phoenix region January home sales fell harder than normal from December, but they were still the highest for a January since 2007. The share of homes bought by investors and cash-only buyers rose last month, as did the percentage of homes selling below $100,000 – factors that helped push the overall median sale price lower than the prior month for the second consecutive month, a real estate information service reported. 


  • February 25, 2010

    MDA DataQuick: Las Vegas Area January Home Sales


    Las Vegas Metro Area January Home Sales

     

    Las Vegas region January home sales fell more than usual from December but were still the highest for that month since 2007 thanks to relatively strong demand for condos and other sub-$200,000 homes. The overall median sale price declined from December, but one home-type category – resale single-family detached houses – showed continued signs of price stability, a real estate information service reported.

  • February 22, 2010

    Lockheed Federal Credit Union Manages Loan Risk with MDA DataQuick


    - $2.9 billion credit union partners with MDA DataQuick to enhance loan portfolio analysis-

     

    SAN DIEGO, Feb. 23, 2010 MDA DataQuick ®, a division of MDA Lending Solutions and the nation’s largest independent provider of property data to real estate and mortgage professionals, announced today that Burbank, Calif.- based Lockheed Federal Credit Union ( LFCU ), with $2.9 billion in assets, has selected MDA DataQuick ’s Collateral Validation to help the credit union proactively identify and manage loan risk and set loan loss reserves.

  • February 11, 2010

    MDA DataQuick: Miami Region December Home Sales

    Miami metro area home sales remained at a three-year high in December as sales of existing condos, whose prices have fallen most sharply from peak levels in 2006, continued to claim a higher-than-average share of transactions. The median price paid for all new and resale houses and condos combined didn’t budge from November and declined from a year earlier by the lowest amount – 22.5 percent – since late 2008, a real estate information service reported.

  • February 09, 2010

    NetMore America Engages Comergence Compliance Monitoring To Enhance Third Party Originator Approval Process


    End- to end solution provides due diligence, management and ongoing compliance surveillance

     

          Offers mortgage brokers and mortgage professionals a centralized and efficient lender approval platform

     

    WALLA WALLA, WASHINGTON - (February 9, 2010), NetMore America, Inc

    (“NetMore”), an expanding next generation mortgage banker, announced today it has

    engaged Comergence Compliance Monitoring (Comergence), a third party originator due

    diligence solution provider to the mortgage industry, to manage all reviews and continuous profile monitoring of all third party originators (TPO) working with NetMore.

  • February 09, 2010

    Inlanta Mortgage States Spring 2010 a Great Time to Buy a Home


    Waukesha, Wis., February 9, 2010 – Inlanta Mortgage is reminding potential, qualified homebuyers of several reasons making this spring a good time for home purchases, including tax credits, low interest rates and affordable pricing.

     

    The first-time homebuyer tax credit and the move-up tax credit expire on June 30, 2010; a signed contract must be completed by April 30, 2010 to qualify for these tax credits. “Homebuyers need to remember that these are temporary programs,” said Jean Badciong, Chief Operating Officer at Inlanta Mortgage. “With the requirement that contracts be completed by April 30, house hunters need to be in the market now to take advantage of this opportunity.”

  • February 08, 2010

    Cascade Financial Services Selects Advantage Systems’ Accounting for Mortgage Bankers


    - Uses mortgage-specific technology to enhance efficiency; make sounder business decisions -

     

    IRVINE, Calif., Feb. 9, 2010 – Advantage Systems, a provider of accounting and contract management tools for the mortgage and real estate industries, announced that Mesa, Ariz.-based Cascade Financial Services selected Advantage Systems’ Accounting for Mortgage Bankers (AMB) automated accounting system to address the lender’s mortgage accounting needs.

                After searching for an accounting system that catered to mortgage bankers, Cascade was introduced to Advantage Systems and participated in several demos. AMB was chosen by the company for its industry-specific software, loan-level, general ledger detail and flexibility.

  • February 08, 2010

    MDA DataQuick: California Million-Dollar Home Sales Drop Again


    La Jolla, CA.---- The number of California homes that sold for $1 million-plus declined for the fourth consecutive year in 2009, the result of buyer reticence, a difficult mortgage market and several years of price drops that tugged the value of many homes below the million-dollar threshold, a real estate information service reported.

         A total of 18,621 Golden State homes sold for a million dollars or more last year. That was down 23.8 percent from 24,436 in 2008. In 2007 it was 42,506; in 2006 it was 50,010; and in 2005 it peaked at 54,773. Last year was the lowest sales count since 2002, when 15,703 were sold, according to San Diego-based MDA DataQuick .