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Article: LoanUpdate helps real estate agents.(Brief Article)
- Article from:
- Origination News
- Article date:
- August 1, 2000
CopyrightCOPYRIGHT 2000 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The newest version of LoanUpdate will enable real estate agents to check on the status of their clients' loans during the origination process.
At a press conference at the National Association of Mortgage Brokers annual convention here, NetUpdate chief executive Tom Gonser said his company is linking mortgage and real estate partners together in a secure transaction environment.
He noted that up to 30% of the business mortgage brokers receive comes from real estate referrals.
Real estate agents can track documents, loan processing steps and send and receive messages that will make sure closing is progressing as scheduled.
Giving real ...