GatorSystems, a Pittsburgh-based unit of Fiserv Lending Solutions, has announced the introduction of GatorSearch, a Web-based abstracting platform designed to streamline the title examination process.The company said the system, developed in collaboration with New York-based Realty Data Corp., enables users to execute self-service title searches, thereby reducing the turnaround time associated with traditional abstracting. Those who don't choose to run reports from their own computers can use the system's Examination Network, a team of professional abstractors able to return a comprehensive report within eight hours of receiving the order, according to GatorSystems. "GatorSearch fundamentally changes the way title companies and vendor management companies can do business," said Christopher Behning, senior vice president and chief technology officer at General American Corp., of which GatorSystems is a division. Fiserv and GAC can be found online at http://www.fiserv.com and http://www.gac.com.
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The serial entrepreneur, who also created Rapid Reporting and American Transfer & Trust, plans to remain active in industry causes, a LinkedIn post said.
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Almost 45% of buyers received a seller concession this summer, while more than 15% saw a reduction in the asking price to go along with it, according to Redfin.
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With 55% of homeowners planning to renovate rather than relocate, demand for home improvement capital will be strong even if the purchase market slows further.
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Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
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The Securities and Exchange Commission said Rule 14a-8 exceeds its statutory authority and intrudes on matters of state law. Shareholder advocacy groups, however, argue that repealing the rule could reduce transparency.
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Brian Johnson's nomination to lead the Consumer Financial Protection Bureau advanced to the full Senate Thursday morning in a party-line vote.
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