Most Home bets on mobile MLS service

Netupdate Inc. sold to Mortgagebot LLC

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.