Most Home bets on mobile MLS service

Netupdate Inc. sold to Mortgagebot LLC

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Most Home Corp. has reached an agreement to sell the loan origination software platform and client base of its subsidiary, Netupdate Inc., to Mortgagebot LLC, as part of a plan to raise money and grow its mobile listings service, Kurio.

Mequon, Wis.-based Mortgagebot will pay $600,000, and allow Most Home to keep $107,000 in Netupdate receivables it has billed or collected before closing, the companies said in a press release.