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RIO Genesis Announces Partnerships With Two Real Estate Firms

California-based firms The Life Planning Companies and National Real Estate Solutions (NRES) have teamed with Henderson, Nevada-based RIO Genesis to take advantage of RIO's breakthrough technology platform, national real estate broker organization (the NRBA), and numerous RIO Genesis users, real estate brokers, and agents, according to an announcement from RIO Genesis CEO Michael Krein.

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Yahoo Introduces Mortgage Rate Calculator

Yahoo has quietly launched a mortgage rate calculator on their site, making it the second search engine to do so. Google launched its mortgage calculator in February, but Yahoo’s new tool is bigger and better than its Google predecessor. Now, these might just be the first of many calculators to hit the internet.

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DocMagic Forms Alliance With World Wide Notary

“The addition of WWN’s advanced eNotary capability adds significant value to our platform by keeping mortgage closing documents 100 percent paperless from eDisclosure to eClosing,” said Dominic Lannitti, president and CEO of DocMagic. “DocMagic has systematically been putting the necessary pieces in place to transform the company into a true end-to-end eServices solutions provider. Our exclusive arrangement with WWN incorporates a critical component: compliant eNotarizations. Without compliant eNotary capability, a fully paperless eClosing would be impossible to achieve.”

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Accurate Group Launches EquityClear Solution

Benefits to lenders include greater efficiency, reduced expense and burden on loan officers and underwriting teams and better decisions on borrower qualification. EquityClear also enables lenders to reduce overall risk by ensuring a standardized process is applied to every loan and that liens are reviewed and cleared by a fully qualified, neutral third party. Borrowers benefit from less documentation and faster loan closings.

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ReverseVision Releases New RV Exchange LOS Update

“All the critical FA features are part of the March 2 release, but we will be delivering more than just these critical features. Additional features that focus on data quality and efficiency, as well as LO-specific tools, will be released by the first week of April,” Button said. “These updates will include capabilities like the ability to import credit report data, assign a credit report to a lender and a Celink export update.”

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Google May Bring Mortgage Comparison Tool to U.S.

Because Compare is an ad product, Google makes money every time a consumer makes a decision based on information from one of its recommendations. The more money at stake, the more money Google makes in the end. Entering the mortgage industry could mean big profit for Google based on Google trends. Trends show people are searching for information on mortgage loans more than car insurance and almost as much as credit cards.

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