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92 CALIFORNIA Northwest MLS Joins CoreLogic Partner InfoNet Irvine, California-based CoreLogic, a global property information, analytics, and data-enabled services provider, announced that Northwest Multiple Listing Ser- vice (MLS) has joined Partner InfoNet. Northwest MLS, the largest full-service MLS in the Northwest, brings another 25,000 agents and approximately 27,000 active listings to the industry's leading risk management and revenue sharing program. With Northwest MLS and another four new member organizations that joined earlier this year, Partner InfoNet now licenses data from over 782,000 REALTORS—more than two-thirds of the total National Association of REALTORS membership. Partner InfoNet is a data licensing program that shares revenue with participating MLSs from the sale of risk management products that are enhanced with aggregated real estate listing data from participating MLSs all over the United States. A newly added Partner InfoNet benefit includes a royalty override that provides guar- anteed revenue based on MLS membership size. CoreLogic's combined data from public, contributory, and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk, and related performance information. e markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth oppor- tunities, improve performance and mitigate risk. CoreLogic operates in North America, Western Europe, and Asia Pacific. DocMagic Launches 'eQC' Solution DocMagic, Inc., a provider of fully-com- pliant loan document preparation, compli- ance, eSign, and eDelivery solutions, recently announced the launch of its fully integrated 'eQC' solution that automates due diligence for investors and correspondent lenders. e eQC solution provides a complete closed loan MISMO 3.3/UCD XML data file, an automated compliance report, and a detailed audit trail with a document integrity certification that certifies that the XML data provided and documents match prior to inves- tor delivery. e automated compliance component of eQC includes a complete electronic record of compliance that arms investors and correspon- dent lenders with a detailed audit trail that eliminates concerns over future TRID audits and violations, according to DocMagic. "e CFPB requires all parties involved in the mortgage finance transaction to demon- strate evidence of TRID compliance,"said Tim Anderson, Director of eServices at DocMagic. "Our new eQC solution gives investors and correspondent lenders warranted electronic evidence of compliance with TRID and other critical regulations, and ensures that the au- dited data is exactly the same data that appears on the documents disclosed to the borrower. is is really the holy grail of automated due diligence compliance." DocMagic noted that eQC also provides compliance data on federal regulations like high cost, QM, ATR, as well as applicable state regulations. It works by leveraging DocMagic's sophisticated audit engine, which determines if a condition is out of compliance. e audit engine immediately flags the causes of any issues for the user, directs the user to a link with information on where and how to fix it, and then verifies that the error was cor- rected. A full date and time stamped audit trail is created by following a consistent data valida- tion process that runs over 10,000 compliance rules and edits designed to verify and validate legal compliance throughout the loan origina- tion process. In addition, this audit trail also provides full date and time stamp tracking of all borrower disclosures, a complete record of the compli- ance checks and conditions performed on the loan, and the complete MISMO 3.3/UCD XML data file. e XML data file can be used to electronically board and re-verify compli- ance at any time in the future through a tool set API that enables high speed access to this due diligence functionality. "With over 8,000 originators running millions of closed loans through DocMagic's compliance portal each year, eQC leverages the long-standing industry acceptance of our com- pliance solutions to bring our correspondent lenders and investors true automated proof of compliance," said Dominic Iannitti, President and CEO of DocMagic. OREGON Where is Housing Growth the Strongest? Housing continued a strong expansion pe- riod this year, with one region in particular boasting the most startling rebound figures, according to reports. According to Clear Capital, national housing growth achieved 0.6-percent growth quarter-over-quarter. e real-estate data and solutions provider reported the figures in a Home Data Index Market Report it released in May. Regionally, the West set the pace for hous- ing growth, with a busy season contributing to 0.3-percent rise since April that brought growth figures to 1.2 percent, up from 0.9 percent. Indeed, of the 15 current best housing markets, nine are based out west. Seattle bested any single market with a 2-percent growth by quarter, reflecting a 0.2-percent growth over the last quarter. Along the same lines, housing market val- ues in Portland, San Jose and Denver peaked at their highest levels since the Great Recession. Not every western market peaked this quarter. According to Clear Capital, Las Vegas achieved just more than half of the housing growth its markets last saw a decade ago. "Real estate market headlines have repeat- edly documented the strong, potentially bubble-like recovery of the West over the past couple years, and this continued trend of per- formance doesn't appear to be going away just yet," Alex Villacorta, vice president of research with Clear Capital, said in a statement. Elsewhere, the housing market didn't move the needle very far above past quarter-over- quarter rates. In the Northeast and Midwest, quarterly growth rates inched along at just 0.2 percent. "While the West as a whole has seen incredible performance since the lows of 2011, comparisons between individual markets like Denver and Las Vegas can be a sobering reminder of the devastating effects of the crash and that some markets still have a long way to go in terms of regaining lost value," Villacorta added.