Tag Archives: Company News

Despite recent turmoil for the financial services and mortgage banking industries, CoreLogic declared 2012 a pleasant economic surprise.

Linear Title and Closing announced plans to introduce a web portal just for consumers who have closed on a loan with the company. Through the portal, consumers can access their personal databases, such as the completed mortgage package, a detailed analysis of the flow of mortgage funds, any rebates due to them, and proof of the mortgage recordation, the Rhode Island-based company explained.

Zillow announced the renewal of its strategic marketing program with Century 21 Real Estate LLC, through which the company's listings will continue to automatically appear on the Yahoo! Zillow Real Estate Network.

CoreLogic is expanding its presence in Florida, recently announcing that the company has established technology partnerships with four of the state's real estate organizations. The Realtor groups will tap into CoreLogic's MLS Data Co-op to launch a multiple listing service (MLS) data sharing initiative.

National Mortgage Insurance Corporation (National MI) is now approved to write mortgage insurance in 22 states, having recently gained approval in the key state of New York.

Walter Investment Management Corp. announced two definitive agreements Monday--one with Bank of America and another with MetLife Bank.

Business boomed at Quicken Loans in 2012, the Detroit-based company announced. Quicken closed more than $70 billion in home loan volume throughout 2012, a 133 percent increase over the previous record of $30 billion set in 2011. The company also nearly doubled its number of full-time team members over the year and now employs more than 8,000 in offices in Detroit, Cleveland, and Scottsdale, Arizona, including almost 900 technology-related positions.

In Houston, Texas, Envoy Mortgage is enhancing its loan product offerings to start the new year. Currently operating mortgage retail branches in nearly every U.S. state, Envoy's customers will now have access to an expanded range of Federal Housing Administration (FHA) 203(k) mortgages.

Class Appraisal and a la mode announced the launch of a customized plugin designed to reduce appraisal turn times and ensure high appraisal quality.

CoesterVMS announced that as of January 1, it has implemented the first flat fee model for residential appraisals. Through the new model, all conventional appraisals are priced at $450 while appraisals are $475. The Rockville, Maryland-based appraisal management company (AMC) explained a tiered fee structure is generally utilized, which determines prices based on the property type or location.