November 16, 2011 - Vendor Alley

Nice win for Rich Lull and his team at LPS MLS Solutions. As everyone knows the “take-aways” (meaning taking business from another) are always the hardest. Congrats!

Full Press Release Below:

The Upstate Alliance of REALTORS® Selects Paragon as its new MLS System

Fort Wayne, Ind., REALTOR® Association to Partner with LPS

JACKSONVILLE, Fla. – Nov. 10, 2011 — LPS MLS Solutions, a division of Lender Processing Services (LPS), announced today that the Upstate Alliance of REALTORS® (UPSTAR MLS) selected LPS’ Paragon™ as its MLS system.

UPSTAR MLS, located in Fort Wayne, Ind., selected LPS MLS Solutions after carefully evaluating several MLS vendors and determining that Paragon offers the features that UPSTAR MLS members need to help them become more efficient and competitive. With Paragon’s online multi-tasking capabilities, agents will save time because they have the ability to conduct property searches, create a comparative market analysis (CMA), change listing information and complete other tasks, without having to close and reopen windows on the computer. UPSTAR MLS was impressed with Paragon for a variety of reasons, including its intuitive and straightforward navigation, which will help members quickly learn how to use the system. And, because Paragon works on any browser or any mobile device, agents are able to access MLS information while in the field.

“We want our members to have the best tools to help them succeed,” said Laura Raudonis, CEO of UPSTAR MLS. “Paragon is an excellent fit for our organization because it is easy to use, fast and seamlessly connects agents with their clients. We are confident our members will experience great benefits from this new partnership and are very pleased that the system will be supported by the LPS team.”

Located in northeastern Indiana, UPSTAR MLS serves the Adams, Allen, DeKalb, Huntington, Noble, Wells and Whitley counties, and has a membership of approximately 1,500 REALTOR® and affiliate members.

“We are pleased that UPSTAR chose to convert to LPS’ Paragon, which will deliver enhanced MLS functionality to Fort Wayne real estate professionals,” said Rich Lull, senior vice president LPS MLS Solutions. “UPSTAR was looking for a cost-effective solution with robust features that could also provide a smooth transition from the association’s current system. We look forward to providing innovative tools and responsive service to UPSTAR and its members.”

Serving more than 300 MLSs and 300,000 real estate professionals, Paragon is a dynamic system platform that makes it easy for real estate professionals to manage their businesses and collaborate with clients. LPS MLS Solutions provides market-leading MLS Systems and public records data. For more information, please contact Bob Morse at 650-863-4333. You can also visit LPS MLS Solutions during the National Association of REALTORS® Conference in Anaheim, Calif., Nov. 11-14, at Booth 619 or online at www.LPSMLSSolutions.com.

About Lender Processing Services
Lender Processing Services, Inc. (LPS) is a leading provider of integrated technology, services and mortgage performance data and analytics to the mortgage and real estate industries. LPS offers solutions that span the mortgage continuum, including lead generation, origination, servicing, workflow automation (Desktop®), portfolio retention and default, augmented by the company’s award-winning customer support and professional services. Approximately 50 percent of all U.S. mortgages by dollar volume are serviced using LPS’ loan servicing platform, MSP. LPS also offers proprietary mortgage and real estate data and analytics for the mortgage and capital markets industries. For more information about LPS, visit www.lpsvcs.com.

Media Contact: Micelle Kersch, 904.854.5043, michelle.kersch at lpsvcs dot com
Investor Contact: Nancy Murphy, 904.854.8640, nancy.murphy at lpsvcs dot com

I love this. Nice to see CoreLogic taking a stand against these guys when others didn’t have the mettle or resources to do so. To me this could be a huge point CoreLogic should make to prospects for choosing them as a vendor. We fight.

Full Press Release Below:

CoreLogic Awarded Summary Judgment in CollegeNET Lawsuit

November 11, 2011, Santa Ana, Calif. –
—Austin District Court Agrees Patent Claims Invalid as Obvious—
CoreLogic® (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that CoreLogic MarketLinx® has been awarded summary judgment in the lawsuit, CollegeNET v. MarketLinx.
CollegeNET alleged that several CoreLogic MarketLinx products—including the MLXchange®, TEMPO® and Fusion™ multiple listing service (MLS) systems—infringed on a CollegeNET patent (No. 6,910,045), which relates to computer software that will send an automatic notification when newly-entered data matches pre-defined search criteria.
After CoreLogic was able to demonstrate to the court that CollegeNET’s patented process and system had been disclosed publically prior to the date of CollegeNET’s patent application, that is, “prior art” existed, Judge Sam Sparks in United States District Court for the Western District of Texas (Austin) agreed with CoreLogic, granted its motion for summary judgment, declared CollegeNET’s patent invalid and terminated the case two weeks before it was set to go to trial.
“Others have tried and failed to invalidate CollegeNET’s patent, but we were confident in the strength of the evidence upon which our prior art argument was based, and the courts agreed with us,” said Ben Graboske, CEO of CoreLogic MarketLinx. “MarketLinx prevailed in large part due to the expert knowledge possessed by our long-tenured and talented team members in addition to our decades-long focus on innovation.”
“CoreLogic fully respects the intellectual property of other rights holders, but we will always defend ourselves vigorously in cases we believe to be meritless,” added Rouz Tabaddor, VP and chief intellectual property counsel for CoreLogic. “Floyd Nation and Merritt Westcott of Winston Strawn did an exceptional job explaining to the Court how the prior art invalidates CollegeNET’s patent.”

About CoreLogic
CoreLogic (NYSE: CLGX) is a leading provider of consumer, financial and property information, analytics and services to business and government. The Company combines public, contributory and proprietary data to develop predictive decision analytics and provide business services that bring dynamic insight and transparency to the markets it serves. CoreLogic has built one of the largest and most comprehensive U.S. real estate, mortgage application, fraud, and loan performance databases and is a recognized leading provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services. More than one million users rely on CoreLogic to assess risk, support underwriting, investment and marketing decisions, prevent fraud, and improve business performance in their daily operations. The Company, headquartered in Santa Ana, Calif., has more than 5,000 employees globally. For more information visit www.corelogic.com.

CORELOGIC, the stylized CoreLogic logo, MARKETLINX, MLXCHANGE and TEMPO are registered trademarks owned by CoreLogic, Inc. and/or its subsidiaries. FUSION is a common law trademark owned by CoreLogic, Inc. and/or its subsidiaries. No trademark of CoreLogic shall be used without the express written consent of CoreLogic.

SOURCE: CoreLogic.com

Fort Wayne, Ind. selects Paragon as its new MLS system

CoreLogic fights patent troll, and WINS!!!