Technology

Vermont city partners with Propy to bring blockchain to real estate transfers

Pilot program will use blockchain to record real estate conveyance documents
Blockchain. It seems that one can’t go five minutes without hearing something else about how the ledger technology is the future of this industry or the future of that industry. While many have discussed what that utility could be, one company is launching a pilot that aims to show how blockchain can be used for real estate conveyance.
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ComplianceEase adds California per diem interest testing to ComplianceAnalyzer

New functionality enables lenders to easily audit interest calculations
Automated compliance solutions provider ComplianceEase has added California per diem interest testing to ComplianceAnalyzer with TRID Monitor. The compliance solution is now able to test TRID, RESPA 2010 and pre-2010 forms to validate California’s per diem interest calculations.
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Flat-fee real estate agency Purplebricks plans expansion to New York

U.K. company first launched in U.S. in September 2017
Last year, flat-fee real estate agency Purplebricks expanded into the U.S. after building a successful business in the United Kingdom and Australia. Purplebricks’ first foray into the U.S. was Los Angeles. Now, the company is plotting the next phase of its U.S. expansion and is looking to the opposite coast.
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Roostify bringing digital mortgages to LendingTree

Companies partner to bring total digital experience to LendingTree users
LendingTree will now be able to offer a full digital mortgage experience to its users thanks to a new partnership with Roostify, a provider of automated mortgage transaction technology. All of the lenders that appear on LendingTree will have the ability to use Roostify to create a “seamless path” from selecting a lender to actually applying for a loan and beyond.
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Meet Divvy: Startup aims to revolutionize rent-to-own

Buyer selects property, Divvy buys home, rents it to resident while they build equity
While rent-to-own is not a new concept in the housing market, a new real estate company is set to launch that aims to rebrand renting to own into a buyer-friendly proposition. Divvy Homes, which soft-launched two months ago, claims that its program offers consumers the flexibility of renting with the financial benefits of homeownership, all with the prospective homeowner in mind.
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Accurate Group launches portfolio valuation solution for capital markets

Designed for asset managers, hedge funds, and investment banks and firms
Real estate tech provider Accurate Group launched a new real estate portfolio valuations tool for capital market firms. The solution is a combination of the company’s ValueNet appraisal tech platform and industry-compliant appraisal processes unique to capital markets firms and provides fast, accurate valuations on portfolios.
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DocMagic reaches 300 million eSignings

Document servicer hits major milestone as more mortgages go digital
Loan document solutions provider and HW Tech100 winner DocMagic announced Wednesday that it has processed more than 300 million mortgage-related eSignatures, a major milestone for the company.
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Informative Research names Tim Cox SVP of operations

Industry veteran previously served at LoanBeam
Solutions provider Informative Research has announced the addition of Tim Cox as the company’s new SVP of operations. Cox, an industry veteran, will be responsible for conceptualizing and implementing new methodologies, processes, and systems set to improve Informative Research’s service across all products, the company said.
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Online mortgage lender Lenda expands to four new states

Now available in Illinois, Pennsylvania, Michigan, and Arizona
Last year, online mortgage lender Lenda announced that it raised $5.25 million in its Series A round of funding, and planned to use the money to expand its business into new states. On Tuesday, Lenda announced that it’s done just that, adding four new states to its base of operations.
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