CAMPBELL, Calif., Dec. 16, 2010 /PRNewswire/ -- Only on
Mortgagematch.com, a new online mortgage source that makes it easy
for borrowers to find and apply for the right loan, will consumers
find exclusive articles covering the latest news in residential
real estate and mortgage finance by five of the nation's leading
real estate journalists.
Operated by Move, Inc., (Nasdaq: MOVE), Mortgagematch.com News
publishes a new, original column every weekday, with news and
advice on the mortgage application process, buying and selling a
home, mortgage rates and mortgage types. Current titles on
the site include Will Prices Bottom Out Next Year?, More
Mortgage Underwriting Tightening Looms as Rates Rise,
and Why Get an ARM When Fixed Rates are so Low?
Nationally syndicated journalists writing for Mortgagematch.com
News are:
Broderick Perkins.
Broderick Perkins parlayed 30 years of old-school journalism
into a digital real estate news service offering "News that really
hits home!" His Silicon Valley bootstrap, DeadlineNews Group,
includes DeadlineNews.com and the Deadline Newsroom. Perkins'
columns are featured on AOL News, Examiner.com and several other
online outlets.
Emmet Pierce. Emmet
Pierce has written extensively about real estate and lending issues
since 2000. He was one of the first reporters in the country to
write about the likelihood of a mortgage market meltdown. He won
the California Reinvestment Coalition's 2009 media award for his
in-depth coverage of the mortgage crisis. Pierce is a former real
estate writer for the San Diego Union-Tribune, and currently writes
for the San Diego Business Journal and several online outlets. He
was an associate editor for the University of
California, San Diego's 2010 Rady Business Journal.
Kenneth Harney.
Ken Harney writes a
nationally-syndicated column on housing issues for the Washington
Post Writers Group. He has received numerous professional awards,
including Best Column-All Media from the National Association of
Real Estate Editors, and the Consumer Federation of America's
"Consumer Media Service" award for "invaluable and unique
contributions to the advancement of consumer housing
interests."
Mary Umberger. Mary
Umberger is a freelance writer in Chicago who began covering real estate before
anyone was muttering the word "bubble." A longtime editor and
business reporter for the Chicago Tribune and columnist for Inman
News, she has won numerous awards from the National Association of
Real Estate Editors, including Best Column (three times) and Best
Collection of Freelance Work.
Steve Cook.
Steve Cook is managing
editor of RealEstateEconomyWatch.com (REEW) and UPI.com's real
estate section. In addition to covering the national housing
economy, Cook writes for the Scotsman Guide, a leading publication
in mortgage finance. Before co-founding REEW in 2007, he was vice
president of public affairs for the National Association of
Realtors.
"Staying on top of the latest in real estate and mortgage
finance is important for today's buyers as they contemplate making
important real estate and home loan decisions. That's why
Mortgagematch.com invited five of today's top real estate
journalists to keep our visitors informed," said Sue Stewart, senior vice president for Move,
Inc. "The quality of our news service is another example of
how Mortgagematch.com delivers value to our visitors than most
other online mortgage sites."
Mortgagematch.com was developed to give first time buyers or
refinancing owners the tools they need to find and prequalify for
the right loan in as little as 10 minutes. Mortgagematch.com
leverages the first online consumer-facing decision and pricing
engine designed specifically to empower buyers to explore their
mortgage options in real time with real loan products including
conventional, FHA, VA and jumbo loans backed by real rates using a
multitude of scenarios that reflect their situation.
By integrating multiple third party data streams continually
refreshed from an extensive array of private and public property
data providers, credit agencies, document providers, and loan
product providers, the Mortgagematch.com engine empowers borrowers
to quickly obtain all of the details they need to select,
pre-qualify and apply for a loan online. All estimated closing
costs are provided to borrowers up front through the engine, and
are based on details borrowers provide about their personal
financial situation and location of the home they wish to purchase.
"Consumer transparency, education and empowerment remain the
vision for Mortgagematch.com. We provide the most accurate
and complete information possible and the experience is intended to
help potential buyers know what they can afford and which loan
options are best for them before they begin their search for a
home," Stewart said.
Mortgagematch.com was developed to work in tandem with online
property listings to empower buyers with the financial information
they need to make the best real estate decisions for their personal
lifestyle and financial situation. Move plans to integrate the
Mortgagematch.com experience into the Move Network of real estate
websites so buyers can experiment with different financing
scenarios and evaluate their options as they house hunt online.
Home buyers interested in obtaining a home loan and current
homeowners interested in refinancing their current mortgage can
find Mortgagematch.com at www.mortgagematch.com.
ABOUT MORTGAGEMATCH.COM
MortgageMatch.com is operated by Move, Inc. (Nasdaq: MOVE).
Through a partnership with a national mortgage banker (d/b/a
Mortgage Match), a variety of quality loan products are offered to
home buyers interested in financing the purchase of a property or
current homeowners interested in refinancing their current
mortgage. Consumers can access such products at
www.mortgagematch.com.
ABOUT MOVE, INC.
Move, Inc. (NASDAQ: MOVE) is the leader in online real estate
with 11.6 million(1) monthly visitors to its online network of
websites. Move, Inc. operates: Move.com, a leading destination for
information on new homes and rental listings, moving, home and
garden and home finance; REALTOR.com®, the official website of the
National Association of REALTORS®; MortgageMatch.com, Moving.com;
SeniorHousingNet; ListHub; and TOP PRODUCER Systems. Move, Inc. is
based in Campbell, California.
This press release may contain forward-looking statements,
including information about management's view of Move's future
expectations, plans and prospects, within the safe harbor
provisions under The Private Securities Litigation Reform Act of
1995. These statements involve known and unknown risks,
uncertainties and other factors which may cause the results of
Move, its subsidiaries, divisions and concepts to be materially
different than those expressed or implied in such statements. These
risk factors and others are included from time to time in documents
Move files with the Securities and Exchange Commission, including
but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other
unknown or unpredictable factors also could have material adverse
effects on Move's future results. The forward-looking statements
included in this press release are made only as of the date hereof.
Move cannot guarantee future results, levels of activity,
performance or achievements. Accordingly, you should not place
undue reliance on these forward-looking statements. Finally, Move
expressly disclaims any intent or obligation to update any
forward-looking statements to reflect subsequent events or
circumstances.
(1) comScore Media Metrix, November
2010
SOURCE Move, Inc.