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January 2017 - The 2017 Black Book

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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112 NEW YORK Ernst Publishing Announces PRIA & Carl R. Ernst Award Winners Ernst Publishing Company, a provider of technology and closing cost data for the real estate and home finance industries headquartered in Albany, New York, recently announced the recipients of the PRIA scholarship and the Carl R. Ernst Founders Award. e PRIA scholarship and the Carl R. Ernst Founders Award were started by the company's founder, Carl R. Ernst, in an effort to give back and build a stronger industry. e annual PRIA scholarship was awarded to Staci Hoffman, Register of Deeds for Jefferson Co., Wisconsin. e PRIA scholarship was made possible by a fund established by Ernst Publishing in recognition of the company's late founder, Carl R. Ernst, and awards a hardworking public servant with an annual PRIA membership. Carol Foglesong, Assistant Controller for Orange County, Florida, was awarded the annual Carl R. Ernst Founders Award. Ernst Publishing's founder and founding members of the PRIA Board of Directors created the PRIA Founders Award to honor an industry member who reflects the association's core values and who has provided proven, unparalleled leadership in addressing specific industry needs and standards. According to Gregory E. Teal, President and CEO of Ernst Publishing, the PRIA Awards are a rich part of Ernst's history. "As part of our legacy, we remain dedicated to PRIA and the core values our founder instilled in those of us who remain to carry on his legacy and the work he began," Teal said. "e Property Records Industry is vitally important to our concept of land ownership, a core value our country was built upon. We are very proud to continue the tradition of sponsoring these important awards. We consider it part of our responsibility to give back to an industry that has given so much to all of us." PENNSYLVANIA Global DMS Launches Global Delivery Global DMS, a provider of web-based compliant valuation management software, has launched Global Delivery™, an alternative to the traditional way appraisal documents are prepared, packaged, and compliantly provided to borrowers by way of printed appraisals sent via U.S. mail, according to a recent announcement from the company. "What Global Delivery accomplishes is applying the greatest level of automation possible to alleviate an elderly task of yesteryear," said Vladimir Bien-Aime, President and CEO of Global DMS. "ere is still consumer demand in residential mortgage valuations to receive the fully packaged appraisal via the U.S. Postal Service, and of course, to receive it in full CFPB compliance. Global Delivery is a perfect blend of technology and service that automates the manual and cumbersome process of printing, folding, and mailing appraisals to borrowers." According to Global DMS, the CFPB issued its Disclosure and Delivery Require- ments for Copies of Appraisals and Other Written Valuations under the Equal Credit Opportunity Act (Regulation B) rule, and the copies of valuations may be delivered to the borrower either on paper or electronically. e announcement says that although some solutions handle electronic delivery of apprais- als, Global Delivery sufficiently addresses the hard-copy delivery of appraisals or other valuations to the borrower via mail. "Global Delivery can process appraisal documents and merge a pre-programmed, lender-branded cover letter that then delivers the hard copy to the borrower's doorstep," the announcement reads. "Global Delivery automatically ships appraisals to lenders' borrowers with one simple click. ere is zero printing, folding, or stamps involved for the lender." Connecticut Planet Realty, LLC Sales@CTREOTEAM.com 203-982-4985 cell www.CTREOTEAM.com Security • Preservation • Disposition Steve Rivkin New Jersey Lisa G Lopez Broker of Record Home Alliance Realty 142 E. Bay Ave Manahawkin, NJ 08050 609-978-9009 (o) 609-384-5109 (c) lglopez@verizon.net www.HomeAllianceRealty.com www.LisaLopezProperties.com New York Todd Yovino Broker/Owner Island Advantage Realty, LLC Metropolitan New York and Long Island's Default Specialist for Over 27 Years Todd@iarny.com | 631-820-3400 www.islandadvantage.com In October, RealtyTrac reported that the number of properties that received a foreclosure filing in New York was 1 in every 1,760. KNOW THIS

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