Press Releases

Seroka Differentiates Mortgage Industry Brands and Builds Winning Internal Cultures

Seroka, a full-service brand development and strategic communications firm, is actively partnering with mortgage industry clients across the country and successfully differentiating their brands via its proprietary brand development program.

Applied Business Software Announces Major Software Update

Applied Business Software Inc. (ABS), developers of The Mortgage Office™ and The Loan Office™ software, is excited to announce a major update release to its signature software The Mortgage Office™.

NTC named one of the Top Fastest-Growing Private Companies for the Fourth Consecutive Year by Inc. Magazine

Inc. magazine today ranked NTC on its 34th annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 5000.

Mountain America tallies 500 e-closings on Pavaso Platform

Since their first transaction with Pavaso’s platform on December 31, 2014, the pace of Mountain America Credit Union’s eClosing capability continues to speed up. Yesterday, they officially reached 500 transactions with Digital Close™, part of Pavaso’s platform and suite of solutions from the real estate innovator.

NTC’s Collateral File Audit and Remediation Service Enhances Portfolio Value and Security

A new service from NTC provides complete file management under one servicer, reduced danger of loss from buybacks, increased certainty on reps and warrants from buyers, and increased value of assets presented for sale.

NTC Executive Helps Lead Effort to Publish Best Practices Document Now Approved by PRIA Board

Nationwide Title Clearing, Inc. (NTC), a leading service provider to the mortgage and financial industry, announced today that Myron Finley, the firm’s Chief Legal Officer and co-chair of the Business Processes and Procedures Committee for the Property Records Industry Association (PRIA), was instrumental in leading a group of industry volunteers to complete work on PRIA’s Indexing Best Practices paper. Finley, along with his committee co-chair Kathi Guay, CPO and Register at the Merrimack County Registry of Deeds in New Hampshire, led a breakout session on the paper at the PRIA Winter Symposium held recently in Arlington, Virginia. The PRIA board approved the paper at that event.

Real Estate Investors Continue to Favor Flipping - by a Narrowing Margin - According to Latest Auction.com Real Estate Investor Activity Report

IRVINE, Calif. – May 13, 2015 – Auction.com, LLC, the nation’s leading online real estate marketplace, today announced the findings from its April 2015 Real Estate Investor Activity Report™, a nationwide survey of real estate investors bidding on properties offered for auction during the period. Though survey data collected from investors bidding on property online and at live events across the country in April reveals continued interest in flipping over a hold-to-rent strategy, that preference…

Black Knight's March Mortgage Monitor: Negative Equity Population Shrinks to Just Over 4 Million; 77 Percent of Borrowers in Foreclosure Are Underwater

Today, the Data and Analytics division of Black Knight Financial Services released its latest Mortgage Monitor Report, based on data as of the end of March 2015. Leveraging the Black Knight Home Price Index, which separately values both distressed and non-distressed properties, and the company's industry-leading loan-level mortgage performance database, Black Knight analyzed the latest available data on the nation's negative equity situation. As explained by Ben Graboske, senior vice president, Black Knight Data and Analytics, the trend remains one of overall improvement -- though negative equity distribution varies considerably depending upon geographical location and home values within a given market.

Auction.com Names Former LinkedIn and Yahoo! Engineer as Senior Director of Engineering

SILICON VALLEY, Calif. – April 27, 2015 – Auction.com, LLC, the world’s largest online real estate marketplace, has named former LinkedIn and Yahoo! engineer Lawrence Yuan as senior director of engineering. Yuan, who has spent the last four years leading various engineering teams within LinkedIn, including those responsible for the LinkedIn homepage, News Feed, notification and email products, will oversee the development of web and mobile products and applications that enhance how buyers, sellers and…

Black Knight Financial Services' "First Look" at March Mortgage Data: Delinquency Rate Sees Largest Monthly Drop in Nine Years

- Delinquency rate below 5 percent for first time since August 2007; down 12 percent month-over month - Prepayment (SMM) jump 40 percent month-over-month; up 103 percent from March 2014 - Foreclosure rate continues to decline, currently at 1.55 percent - Foreclosure starts increase 18 percent from February; up 7 percent from one year prior JACKSONVILLE, Fla., April 22, 2015 /PRNewswire/ -- The Data and Analytics division of Black Knight Financial Services reports the following "first look" at March 2015 month-end mortgage performance statistics…

Auction.com Releases Q1 2015 Investor Activity Report

IRVINE, CALIF. – April 20, 2015 – Auction.com, LLC, the nation’s leading online real estate marketplace, today announced the findings from its First Quarter 2015 Real Estate Investor Activity Report™, a nationwide survey of real estate investors bidding on properties offered for auction during this respective period. This research provides insight into real estate investment trends on both a national and regional level. Survey data collected from investors bidding on property online and at live…

Auction.com Ranks Spring's Hottest Single Family Markets

Denver, San Antonio, Nashville, Ft. Lauderdale and Dallas lead the pack in terms of current and expected demand, price appreciation, and economic and demographic growth

Black Knight Financial Services Wins Seven Prestigious Stevie Awards for Excellence in Sales and Customer Service

Black Knight Financial Services was honored with seven coveted Stevie Awards for achievements in sales and customer service at the 2015 Stevie Awards ceremony. The Stevie Awards are the world’s premier business awards, honoring the achievements and positive contributions of organizations and professionals worldwide.

Vladimir Bien-Aime Wins Mortgage Banking Magazine’s 2015 Tech All-Star Award

Global DMS, a leading provider of web-based compliant valuation management software, announced that its president and chief executive officer, Vladimir Bien-Aime, has been named to Mortgage Banking magazine’s prestigious 2015 Tech All-Stars list. The award was presented to Mr. Bien-Aime at a ceremony during the annual MBA Technology Conference and Expo held at the Hyatt Regency in Orlando, Florida.

New Industry Recognition and Growth at Rushmore Loan Management Services LLC

Irvine, Calif. – April 6, 2015 - Rushmore Loan Management Services LLC , a national residential mortgage loan servicer of performing, re-performing and non-performing loans , announced today that Standard & Poor’s (S&P) raised its special servicer rating for Rushmore from Average to Above Average in the second annual review of the platform. They also affirmed an Average ranking as a residential primary servicer. Additionally, Rushmore recently received its first platform review from Fitch with…

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