Technology

Don Abbey, the famed founder of eponymous commercial real estate company The Abbey Co., has put another mega property on the market. Recently listing his massive estate in Montana, Abbey has now put his equally expansive California abode up for sale at $78.8 million.

California-based Prospect Mortgage is preparing to welcome a new financial leader. The lender recently announced 30-year industry veteran Sandra E. Bell as the Prospect's new chief financial officer (CFO).

The mortgage market may be the largest market for consumer finance, but the sector lacks a comprehensive national database, according to the Federal Housing Finance Agency (FHFA) and Consumer Financial Protection Bureau (CFPB). This is why the federal agencies are coming together to create a national mortgage database.

Cetip, a private asset clearinghouse based in Brazil, will partner with technology provider FNC. Through the partnership, Oxford, Mississippi-based FNC, Inc. will apply its technology solutions to the Brazilian mortgage industry.

The president and CEO of Ernst Publishing Company, a provider of closing cost data for the real estate and home finance industries, is weighing in on critical challenges--and potential solutions--in the current mortgage marketplace. Participating in The Changemaker, a new podcast series, Ernst's leader, Gregory E. Teal, shed light on initiatives and strategies that have the potential to positively impact the future of housing.

Mortgage Marketplace is one of Zillow's app suite that features 15 realestate-related mobile apps across all major platforms. The app provides a transparent lending marketplace where borrowers can connect to reputable lenders to find personalized loan options and get a variety of competitive mortgage rates.

Relisting his pricey pad in the Hamptons, artist Ross Bleckner has put his palatial estate on the market for $15 million. Located in Sagaponack, New York, Bleckner's abode boasts multiple structures, including a main home with an ocean view, a cedar-shingled guest cottage, and an art studio.

Mortgagebot has seen 800,000 online mortgage loan applications pass through its system year-to-date as of the end of September.

Ernst Publishing Company, based in Albany, New York, has just released a new real estate closing cost data search engine called Smart Query II. Having provided closing cost data to the industry for 20 years, Ernst updated its offering to include additional data and provide information faster than before.

In Colorado, Lender Processing Services, Inc. (LPS), has reached a settlement with the state's attorney general. Concluding the investigation into document execution practices by subsidiaries of LPS, the company has agreed to provide payment and reimbursement fees in exchange for a release of potential liability.