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As individuals make their way through the industry and companies merge, keep watch on the important highlights in this activity update.

Marcello MastioniAltisource Portfolio Solutions S.A., an integrated service provider and marketplace for the real estate and mortgage industries, has announced the appointment of a new leader for a recently developed role, which was created to provide greater advancements to the digital real estate industry. Marcello Mastioni joins Altisource’s executive team as President, Real Estate Marketplace in the company’s international headquarters located in Luxembourg, Luxembourg. As the number of consumers and investors using online tools to buy and sell homes, Mastioni’s role takes on the responsibilities of driving growth by focusing on digital experience and strategy across the company’s platforms, including the real estate focused marketplaces of Owners.com and Hubzu.

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Wednesday, IndiSoft, a technology development firm that specializes in systems for the financial services industry, announced Camillo Melchiorre as President, focusing on the firm’s sales and marketing efforts. Sanjeev Dahiwadkar, who previously held the roles of President and CEO, will not be available to concentrate on IndiSoft’s strategic direction as CEO. Prior to this position, Melchiorre served as President and CEO of HLP, a company powered by IndiSoft’s RxOffice. Before HLP, he held the position of SVP of Loss Management at Radian Group, Inc., where he managed losses during the financial crisis with new systems, operations, and loss mitigation strategy.

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Screen Shot 2017-08-17 at 4.39.23 PMLenderLive Document Services, a LenderLive Services LLC company, recently announced thatFannie Mae and Freddie Mac have certified their Uniform Closing Dataset (UCD) XML file as meeting all UCD requirements months ahead of the September 25 deadline for meeting all UCD certification and delivery requirements. After undergoing detailed, extensive testing protocol to make sure the UCD XML file met all GSE requirements to deliver data and documents in a GSE acceptable format, the LenderLive UCD XML file is now able to embed and deliver closing disclosures as associated data to the borrower. They will also prepare the UCD with seller data as part of the 2018 requirement.

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Black Knight Financial Services Inc., an integrated technology, data, and analytics company, announced that LoanCare signed a seven-year renewal to continue using Black Knight’s LoanSphere MSP, which is its end-to-end servicing system. LoanCare, a national full-service residential subservicing and ServiceLink company, uses LoanSphere MSP to help reduce the costs, resources, and potential regulatory risks associated with operating multiple systems and is currently uses the system to service over 30 million active loans. LoanCare also uses other Black Knight servicing solutions to assist servicers with managing bankruptcy processes, including, LoanSphere Bankruptcy, and LoanSphere Foreclosure.

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Independent Settlement Services, a Pittsburgh-based appraisal and title management services firm serving the real estate finance industry, announced last week it will enhance its valuation products with Value Report, an automated property valuation with an instant automated valuation model (AVM) that combines the data and algorithms of Independent Settlement Services and HouseCanary. The collaboration is a result of an increased demand for accurate property valuations, according to Independent Settlement Services.

About Author: Brianna Gilpin

Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation's leading diversified media and information services companies. To contact Gilpin, email [email protected].
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