Homestore, Inc. (NASDAQ: HOMS), the
nation’s largest home and real estate network, announced today that it has
formed a two-year, multi-million dollar technology and marketing alliance with
OnePipeline, Inc., the leading provider of
automated legal compliance software and services related to mortgage loan
origination and related compensation.
Under the terms of the deal, Homestore.com™ will use OnePipeline as its
provider of automated legal compliance technology related to compensation for
real estate professionals that assist with mortgage loan origination.
Homestore.com also will acquire equity in OnePipeline. Both companies will
promote OnePipeline’s groundbreaking Automated Compliance System™ that features
a sophisticated Automated Compliance Engine (ACE)™ with workflow software that
conforms to ever-changing laws, regulations and disclosure requirements
governing real estate and mortgage lending.
Visit Homestore.com and OnePipeline.com for more information.
Published: October 26, 2000
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