Mortgage servicer Nationstar Mortgage Holdings has its sights set on building a real estate marketplace to rival the likes of Zillow, Trulia and realtor.com and will spend $18 million to acquire the company that could hold the key to achieving that goal: Real Estate Digital. Real Estate Digital, a 2011 spinoff of Lender Processing Services Inc.’s Real Estate Group, provides technology services to more than 500 multiple listing services, 350 brokerages, nearly 60 settlement services companies and more than 300,000 agents. RED specializes in data aggregation and has licensed 98 percent of all MLS listings -- an achievement perhaps surpassed only by realtor.com, which licenses data from virtually all of the nation's 850 or so MLSs through its relationship with the National Associatio...
Sep 14, 2011 by Glenn Roberts Jr.
MLS & Associations
Feb 6, 2014 by Andrea V. Brambila
Jan 16, 2014 by Andrea V. Brambila