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Company News

Wells Fargo Borrowers Pay off $50M in Principal Using Home Rebate Card

By Esther Cho | 06/14/2013

Wells Fargo's Home Rebate Card has allowed its mortgage customers to pay down a total of $50 million from their loan balances so far.
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Xactware Releases New Version of Repair Cost Estimator Tool

By Esther Cho | 06/14/2013

Xactware, based in Orem, Utah, rolled out a new version of its repair cost estimator, XactPRM. The tool is a cloud-based application that assists with estimating and managing costs related to property preservation repairs.
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Ocwen Agrees to Buy $78B in MSRs from OneWest

By Tory Barringer | 06/14/2013

Ocwen Loan Servicing, a wholly owned subsidiary of Ocwen Financial Corporation, has entered into an agreement to purchase $78 billion in mortgage servicing rights (MSRs) from OneWest Bank. According to a filing made with the U.S. Securities and Exchange Commission (SEC), the aggregate purchase price for the MSRs will be approximately $2.53 billion, with $446 million paid in respect of the MSRs and approximately $2.1 billion to be paid in respect of the servicing advances.
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Auction.com Adds Online Research Center

By Esther Cho | 06/13/2013

Auction.com announced the launch of an online market research division. The Auction.com Research Center provides a range of free reports based on macro, commercial, and residential research.
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Mortgage Master Opens 7th Connecticut Location

By Tory Barringer | 06/13/2013

Mortgage Master, one of the nation's largest privately owned mortgage companies, announced the opening of a new retail branch location to serve Connecticut's Greater Hartford area.
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Taylor County in Wisconsin Approves CSC as eRecording Vendor

By Esther Cho | 06/12/2013

The partnership expands electronic document recording services for the county, which has offered electronic document recording services since mid-2012.
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Pierce and Associates Opens Texas Office

By Esther Cho | 06/12/2013

Pierce and Associates, P.C. expanded its footprint into the Lone Star state with the opening of a satellite office. The new office, which is located in the Dallas-Forth Worth metroplex, officially opened its doors on June 10.
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Real Property Management Doubles in Size Over Two Years

By Esther Cho | 06/11/2013

The property management industry is poised for growth thanks to the booming rental sector, according to Utah-based Real Property Management. In fact, Real Property Management says it has doubled in size over the past two years. Currently, the company has 230 offices across 47 states and opens an average of eight new franchises per month.
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Volusia County, CSC Partner to Offer Electronic Document Recording

By Esther Cho | 06/11/2013

Volusia County in Florida partnered with Corporation Service Company (CSC) to offer the use of electronic document recording for real estate and land record processing.
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Churchill Mortgage Approved for First-Time Homebuyer Program

By Esther Cho | 06/11/2013

Churchill Mortgage received approval to take part in a program that offers assistance to first-time homebuyers in Texas.
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