Michigan’s largest multiple listing service, Realcomp II Ltd., has signed a multiyear agreement for its nearly 11,000 members to use CoreLogic Inc.’s Matrix MLS platform.
In a statement, Realcomp CEO Karen Kage said performance and scalability were "major considerations" in choosing Matrix.
"The system’s simple, device-agnostic interface was also extremely important because we want our members to be able to access the system wherever and however they want," Kage said. "We look forward to deploying Matrix as soon as possible."
CoreLogic acquired the developer of the Matrix platform, Canadian-based Tarasoft Corp., in September. At the time, Matrix was in use by 17 MLSs in North America.
In announcing its long-term agreement with Realcomp, CoreLogic said the MLS was the fourth new Matrix customer since the Tarasoft acquisition.
According to CoreLogic’s most recent quarterly report to investors, CoreLogic paid $30.3 million for Tarasoft.
MLSListings to feed data to CoreLogic’s Partner InfoNet
MLSListings Inc., which serves more than 16,000 real estate professionals in the California’s San Francisco, San Jose, and Monterey Bay markets, has signed an agreement to provide listing data to CoreLogic Inc.’s Partner InfoNet program.
CoreLogic said it’s now licensing data from 69 MLSs and Realtor associations representing more than 330,000 real estate professionals for Partner InfoNet, which generates risk management products for mortgage lenders, loan servicers, and capital markets. More than half of CoreLogic’s Partner InfoNet licensing agreements are exclusive, the company said.
The National Association of Realtors has formed a subsidiary, Realtors Property Resource LLC, that’s also licensing MLS data to generate analytics for lenders, investors, and government agencies.
In a year-end update last month, RPR CEO Dale Ross said the company had partnerships with MLSs serving 600,000 Realtors.
MRED helping MLSs integrate Fannie Mae Short Sale Assistance Desk
Midwest Real Estate Data (MRED) is helping other multiple listing services integrate Fannie Mae’s Short Sale Assistance Desk into their own systems using a web-based platform developed by MRED.
Fannie Mae’s Short Sale Assistance Desk helps real estate professionals handle post-contract issues such as loan servicer responsiveness, the existence of a second lien or issues involving mortgage insurance.
MRED says its web-based Short Sale Assistance Desk solution can be easily adopted and branded by other MLSs, and is Fannie Mae’s "preferred software solution" for the assistance desk.
There are now eight MLSs using MRED’s web-based Short Sale Assistance Desk solution, and the Illinois-based MLS says it’s committed to assisting a number of requests in the pipeline "as soon as possible."
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