Tag Archives: Company News

Prospect Mortgage, a provider of home renovation and purchase financing, announced it is offering two loan programs to help homeowners impacted by Hurricane Sandy rebuild their lives. The programs, backed by the Federal Housing Administration (FHA), provide funding beyond insurance or other disaster assistance by offering financing for owners in declared disaster areas to repair or rebuild their homes or even to purchase a new home if necessary.

Since the IRS will soon allow electronic signatures on Form 4506-T, Equifax has enhanced verifications services in anticipation of the change.

Hope LoanPort announced the availability of free local housing counselor resources through its Homeowner Connect website. Additionally, the organization encourages homeowners impacted by Sandy to reach out to their insurance company, servicer, and to the Federal Emergency Management Agency (FEMA). For homeowners wishing to discuss options such as forbearance with their servicer, Homeowner Connect provides a localized map of free, nonprofit housing counselors available to help.

Redfin announced that as of mid-November, it has saved customers more than $100 million in real estate fees and reached more than $8 billion in home sales. According to Redfin, customers have saved more than $25 million on fees in 2012 alone. The company also boasts a satisfaction rate of 97 percent.

Zillow, Inc., a leading real estate information marketplace based in Seattle, Washington, announced that 33 additional real estate brokerages have signed on to participate in Zillow Pro for Brokers. In total, the number of participating brokerages is at 48.

RE/MAX announced the launch of its RE/MAX Commercial website, the standalone site dedicated to data-rich commercial real estate listings, investor information, and other resources.

Fitch Ratings recognized the strength of Freddie Mac's multifamily business, giving the GSE an initial CMBS special servicer rating of CSS2.

Churchill Mortgage, a provider of FHA, VA, USDA, and conventional residential mortgages, has expanded its staff with the addition of 23 employees at various branches across its 26-state reach.

RxOffice Compliance developer IndiSoft announced a partnership with the law firm of K&L Gates to keep on top of regulatory changes that affect users.

Lender Processing Services (LPS) recently introduced reInsight MLS, and Georgia MLS became the first to launch the new offering.