RealEC Technologies, Santa Ana, Calif., and Myers Internet Inc., San Francisco, have announced an agreement that offers seamless integration for Myers' Internet-connected customers to more than 5,000 service providers who have integrated with the RealEC network platform.Myers' OriginatorNetwork is a back-office portal that offers more than 8,000 mortgage originators website management tools, access to marketing, small business services, and the ability to order settlement services electronically. RealEC is designed to facilitate the origination, servicing, and closing of real estate transactions and to enable real estate practitioners to enhance their businesses. Myers, a provider of Internet infrastructure to the mortgage industry, can be found on the Web at http://www.myersinternet.com, and RealEC can be found at http://www.realec.com.
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The partnership was designed to support the growth of Redwood's Sequoia platform and give Castlelake purchasing power for fully documented loans.
April 30 -
Home affordability declined on a monthly basis across loan types and racial demographics, but improved from a year ago, the Mortgage Bankers Association said.
April 30 -
A federal judge harshly criticized the settlement of a civil suit between the Department of Justice and a Texas land developer.
April 30 -
The latest study from LodeStar found the ratio of average closing cost to home sales price in several states, led by Delaware, well above the national average.
April 30 -
The benchmark 10-year Treasury yield topped 4.4% on April 29 — its highest level since late March — as investor anxiety mounted.
April 30 -
The technology firm posted annual gains in servicing, origination and closing solutions, although the segment at large posted an operating loss.
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