Topic:  Newsletter Articles

ASC leery of lagging adoption of AQB criteria by states; Appraisal Foundation task force will help

Written by on November 10, 2004

Appraisal Subcommittee (ASC) Executive Director Ben Henson told a panel discussion at the Association of Appraiser Regulatory Officials (AARO) last month that prior to 2003, the ASC had warned six states about their appraiser licensing and certification programs, but in the past 18 months alone, 10 jurisdictions have been warned about some aspect of their regulatory program being out of compliance with a potential to affect ASC recognition.   Read more...

Bank of America cuts jobs again, declining refi market to blame?

Written by on November 3, 2004

Last month, retail banking giant Bank of America (BoA) announced its plans to layoff 4,500 employees as part of its ongoing FleetBoston Financial integration. It already had plans to lay off 12,500 employees as a result of the merger completed April 1, which hailed to "bring unrivaled convenience and advantage to more than 35 million households and businesses across the country."   Read more...

Cendant sheds mortgage, fleet ops to focus on residential real estate and travel sectors

Written by on November 3, 2004

Unable to find a buyer for its mortgage business, Cendant Corp. recently spun off its PHH Corp. mortgage and fleet management operations to its shareholders to better focus on its travel and residential real estate sectors. Cendant's mortgage business, operating as Cendant Mortgage, is the sixth largest retail originator of residential mortgage loans in the United States.   Read more...

XSellerate your earning potential

Written by on October 27, 2004

As a real estate agent, you know that by marketing your services daily you stay on the minds of your current clients, build relationships with new prospects - and, of course, grow your business. But between showings, listing presentations and closings and daily administrative duties, many agents don't have the time or money to dedicate to a full-time marketing department and crucial lead generating e-mails and print campaigns often become last on the agent's to do list.   Read more...

Update the Vault for the last time

Written by on October 27, 2004

Vault 3.0 is here, and you're invited to upgrade your existing Vault service for free (as is always the case with our upgrades) by visiting our upgrade page. Your upgrade will include an Instant Customer Update (ICU) mechanism such as we use with WinTOTAL, so you'll automatically be delivered future updates without having to visit any page or download any files.   Read more...

GAC plugin for XSite Order Manager online

Written by on October 27, 2004

Pittsburgh-based General American Corp. (GAC), one of the nation's largest mortgage vendor management companies, recently completed a custom plugin for our XSite Order Manager (formerly Mercury Desktop) product for our nationwide roster of real estate appraisers.   Read more...