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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 8 October 2024 M T E C H buying journey. "The new, powerful image search feature in OneHome is a game changer in home search," said Kevin Greene, General Manager of Real Estate Solu- tions at CoreLogic. "It can be a challenge for buyers to define what they're looking for, but they know what they like when they see it. This allows buyers to show, visually, what they want and find the closest matches. It reflects our commit- ment to constantly innovate and differen- tiate our OneHome platform, creating a more competitive offering for real estate agents and a better search experience for their clients." "This new feature empowers our members and their buyers to search using pictures they upload, whether it's a home's exterior, a perfect kitchen, or any picture of their dream home. This completely transforms the way they can search for matching properties," said Jeremy Crawford, CEO of First MLS. "CoreLogic ensures that our agents are equipped with tools that truly make a difference. OneHome AI Image Search is a prime example of that. It enables our members to deliver more value to their clients and form stronger connections with prospects." INFORMATIVE RESEARCH ENHANCES ITS SUITE OF MORTGAGE PORTFOLIO MONITORING ALERTS T o improve the portfolio monitor- ing service provided by Infor- mative Research Data Solutions, Informative Research announced the introduction of additional alert kinds. One of the most significant additions is the PMI removal alert, which notifies the lender when their borrower's equity position reaches the appropriate level to eliminate PMI and ultimately reduce the borrower's monthly mortgage payment. Other newly introduced alert types include: • Rate watch, which notifies when the rate changes by a specified threshold • Early payoff warning • Equity watch alert for changes in a borrower's equity position • MLS alerts for properties listed as active on the MLS The new alerts can be seamlessly integrated into existing systems for daily updates to loan officers, allowing for proactive outreach to existing borrowers. Informative Research's advanced suppres- sion logic ensures a seamless borrower experience by preventing duplicate alerts. These enhancements are aligned with the four key pillars of Informative Research Data Solutions: Customer Acquisition, Risk and Retention, Upsell/ Cross-sell, and Custom Data Analytics. SNAPDOCS AUTOMATES DIGITAL CLOSING REVENUE MANAGEMENT WITH BILLINGPLATFORM B illingPlatform announced that Snapdocs, a digital closing provider, has gone live with its Billing solution. Under the agreement, Snapdocs will digitally transform its billing and revenue management. "The mortgage closing process can be long, stressful, and still mostly manual. Snapdocs automates the interactions between lenders and title companies with a unified platform that simplifies the process from beginning to end," said Jason Anderson, Head of Finance at Snapdocs. "As a result of our steady growth, we need- ed to streamline our revenue management processes. BillingPlatform offers us the automation, scale, and flexibility to launch and bill for our core and new products as our business continues to expand." With global customers serving multiple industries, including software, finance, media, and entertainment and communications, BillingPlatform en- ables enterprises to monetize any type of product offering, from simple subscrip- tions to sophisticated usage-based pric- ing models and everything in between. BillingPlatform provides full lifecycle support of the monetization process— from product setup, quoting, billing and invoicing, and revenue recognition, through payment and collections—all on a secure, next-generation cloud platform. The flexibility of the platform puts enter- prises in control of how they differentiate in the market, maximize profitability, reduce operational costs, and improve the customer experience. "The Snapdocs platform ensures a fast,