According to a statement from Brillion, the acquisition “increases Brillion’s significant portfolio of clients and increases its vast real estate practitioner network, leading to a more efficient and timely disposition of non-performing assets”

Infinity’s management, employees, broker network and client engagements have been transferred to Brillion as a result of the transaction, and will become a key component in Brillion’s nationwide footprint of operations.

“Brillion combines the power of institutional distressed asset aggregation and consumer direct marketing with a network of comprehensively trained real estate professionals to deliver best-in-class fulfillment to the real estate industry,” said John Fukuda, CEO of Brillion.

“Through our proprietary technology platform developed specifically for Brillion by our key technology partner, Channel Companies, Inc., we are providing an all-inclusive environment for the disposition, tracking, and closing of all types of transactions, from commercial and residential REO to commercial and residential short sale,” Fukuda added.

“A national network of local providers is quite a different service offering from the large centralized platforms,” said Greg Mason, Managing Director of Title Services for HomeServices of America. “We believe in the model in which your title work is done by staff familiar with the local property records and the closing is done by professional closers who have knowledge of the transaction documents.”

“This unique network gives the mortgage lending and servicing community what it has always wanted: a national presence with a local touch,” added William Porter, SVP of Sales and Marketing for Texas Pioneer Title and a member of the Title & Closing Network. “Lenders and servicers will have faster turn times and the local expertise they need to navigate through the title and closing process unlike they ever had before.”

The network includes large state and regional title companies and title companies affiliated with six of the top ten real estate brokerages in the country, including such companies as Realogy, Long & Foster Real Estate Inc., Crye-Leike, Inc., Howard Hanna Real Estate Services, Prudential Fox & Roach, and Windermere Real Estate. Since the network’s launch in 2010, members have closed over 500,000 transactions.

For more information, contact Greg Mason at gregmason@homeservices.com or David Skarman at david@hsaclosingnetwork.com.

About HomeServices Title & Closing Network

The HomeServices Title & Closing Network provides the full spectrum of title and closing services on a national scale. The title insurance policies are underwritten by the industry’s strongest underwriters providing secure financial backing and its team of experienced title officers, state-of-the-art processing systems and unparalleled service commitment ensures that your investment is protected. Information about the HomeServices Title and Closing Network can be found at www.hsaclosingnetwork.com.

About HomeServices of America
HomeServices of America, Inc. (www.homeservices.com), based in Minneapolis, Minn., is the second-largest homeownership service provider in the United States. Owned by MidAmerican Energy Holdings Company, a consolidated subsidiary of Berkshire Hathaway Inc., HomeServices’ operating companies offer integrated real estate services, including brokerage services, mortgage originations, title and closing services, property and casualty insurance, home warranties and other homeownership services. HomeServices operates in 20 states under the following residential real estate brand names: Carol Jones REALTORS; CBSHOME Real Estate; Champion Realty Inc.; Edina Realty; EWM REALTORS; Harry Norman, REALTORS; HOME Real Estate; Huff Realty; Iowa Realty; Koenig & Strey Real Living; Long Companies; Prudential California Realty; Prudential Carolinas Realty; Prudential First Realty; Prudential York Simpson Underwood; Prudential Yost & Little, RealtySouth; Rector-Hayden REALTORS; Reece & Nichols; Roberts Brothers Inc.; Semonin REALTORS; and Woods Bros. Realty. Information about HomeServices and the locations of its subsidiary companies is available at www.homeservices.com.

Channel Inc., a Web-based real estate management software platform, and Equi-Trax Asset Solutions LP, a national property valuation firm servicing the U.S. financial services industry, have completed a communications link between the companies that enables clients to automate ordering and receiving property valuations.

“The idea was to enable clients to click once and send an order or multiple orders automatically to the valuation provider that has the highest ranking in the Equi-Trax system,” said Guy Taylor, chief executive officer of Equi-Trax. “Our aim was to ensure the highest quality work and the fastest turnaround time in the industry. The client also benefits from the multi-level quality control standards built into our workflow, resulting in the highest quality product delivered back to the client with minimal effort on their part.”

The development of this technology enables servicers, asset managers and other mortgage professionals to select the Equi-Trax product—either an appraisal, a broker price opinion or a hybrid offering—from a list located on Channel’s platform.

“We integrated our systems so we can be more efficient sending orders to Equi-Trax. They can now be processed right away in an automated fashion,” said John Nicholas, chief executive officer at Channel Inc. “To support our loss mitigation platform, we selected Equi-Trax as a strategic valuation provider whose products are listed on our site.”

Once a product is chosen, the order goes to Equi-Trax, which distributes it to an appraiser or a realtor. From there it goes through quality control, and is transmitted back to Channel’s platform and the client.

“We send orders to Equi-Trax, they process them and return precise valuations to us in a speedy fashion,” said Nicholas.

For more information, visit www.channelcompanies.com or www.equi-trax.com.

– REO Management and Servicing: servicing Real Estate Owned (REO)
properties.
– Property Preservation: ensuring that unoccupied properties are quickly
secured and remain adequately protected throughout the default
process. This segment also includes Home Rehabilitation Services:
transforming a neglected property into a marketable property quickly,
efficiently and cost-effectively.
– Property Inspections: offering nationwide commercial and residential
inspection services, including 24-hour rush and Saturday service.
– Licensed Independent Escrow Services: an independent escrow
corporation serving escrow needs throughout California.
– Short Sale Processing and Negotiations: identifying borrower
candidates to list properties, streamlining and expediting the Short
Sale process. A short sale is the sale of property where the sale
proceeds fall short of the balance owed on the property’s loan.

We Save Homes, Inc’s Robert Schaefers commented, “By licensing Channel Inc.’s proprietary software system for managing our portfolio of Real Estate Default Services, we now have a fully-integrated system to serve the rapid growth in the short sale marketplace. The software system is a paperless online solution, which is configured with our own workflow, tracking and reporting rules and procedures. Moreover, our procedures are based on the U.S. Government’s recently implemented Home Affordable Foreclosure Alternatives (HAFA) Program. The system will help fuel our business by saving time, eliminating errors, increasing efficiency, reducing costs, streamlining operations and optimizing borrower relationships. Channel’s software platform is the perfect foundation to marry to our existing offerings because it allows us to meet all of these objectives.”

John Nicholas, CEO of Channel Inc. stated, “Nearly 100 percent of companies in the real estate industry input the same data into multiple software applications daily, wasting time and money. Our software platform will enable We Save Homes, Inc. to offer faster, less expensive and more flexible default services. It is expected to bolster all segments of the Company’s business, which come together under a one-stop shop.”

In April 2010, the U.S. government implemented the Home Affordable Foreclosure Alternatives (HAFA) Program. With the adoption of the Home Affordable Foreclosure Alternatives “HAFA rules” introduced by the Obama Administration, industry experts expect a significant increase in short sale opportunities. The current national short sale opportunity increased by 932,234, or 7%, in the first quarter of 2010 compared to the same quarter in 2009, as reported by RealtyTrac’s April 15, 2010 findings.

According to an industry expert, shorts sales accounted for 17% of all residential real estate sales in February 2010, up from nearly 13% in November, 2009. In March of this year, CNN Money reported, “Bank of America, the country’s largest mortgage servicer, has more than doubled the number of short sales it processed in recent months.”

Schaefers added, “The addition of Channel Inc.’s software system helps We Save Homes, Inc. establish itself as a leader in standardizing the mortgage default process which is now being imposed by the U.S. government and lenders nationwide.”

About We Save Homes, Inc.

We Save Homes, Inc. provides a full-range of products and services for commercial and residential mortgage servicers throughout the nation. The Company’s regulatory-compliant default management solutions save time, eliminate errors, and increase efficiency. These solutions include:

– REO Management and Servicing: servicing Real Estate Owned (REO)
properties.
– Property Preservation: ensuring that unoccupied properties are quickly
secured and remain adequately protected throughout the default
process. This segment also includes Home Rehabilitation Services:
transforming a neglected property into a marketable property quickly,
efficiently and cost-effectively.
– Property Inspections: offering nationwide commercial and residential
inspection services, including 24-hour rush and Saturday service.
– Licensed Independent Escrow Services: an independent escrow
corporation serving escrow needs throughout California.
– Short Sale Processing and Negotiations: identifying borrower
candidates to list properties, streamlining and expediting the Short
Sale process. A short sale is the sale of property where the sale
proceeds fall short of the balance owed on the property’s loan.

We Save Homes, Inc. utilizes advanced technology solutions to streamline and simplify the default management process. The Company meets the specific needs of commercial and residential mortgage servicers throughout the nation through a technology portfolio, which includes:

– Mitigation software — which ensures fast and efficient load
modifications according to FDIC and HAMP regulations
– Document management and processing — which is a regulatory-compliant
system to enable mortgage servicers to overcome the inefficiencies and
high costs of conventional document handling, while speeding and
simplifying data aggregation, task management, tracking and reporting

We Save Homes Inc. provides a turnkey, full-service solution to enhance businesses and improve customer relationships.

The Company is committed to maximizing its clients’ asset preservation while reducing costs, streamlining operations and optimizing borrower relationships. The technical solutions developed by We Save Homes, Inc.
enables default mortgage servicers to meet the increasing demands of an ever-evolving and competitive economy.

About Channel, Inc.

Developed in 2003 as an internet based Loan Origination Software service, Channel Inc. has added additional Channels for managing Real Estate Default Services. The Company’s software provides a better way of buying, selling and coordinating vendor services for real estate transactions, including; Loan Modification, Short Sales, Valuation, Eviction, Field Inspection and Reporting, Property Preservation, Property Marketing, Property Listing, Loan Origination and Sale/Closing. Channel Inc. offers three primary services; Licensing the Channel Inc. Software Service, Software integration and development services and Management Consulting services.

This news release may contain forward-looking statements made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Statements contained in this new release that are not statements of historical fact may be deemed to be forward looking statements. Without limiting the generality of the foregoing, words such as “may,” “will,”
“expect,” “believe,” “anticipate,” “intend,” “could,” “estimate” or “continue” are intended to identify forward-looking statements. Readers are cautioned, that certain important factors may affect the Company’s actual results and could cause such results to differ materially from any forward looking statements which may be made in this release or which are otherwise made by or on behalf of the Company. Factors which may affect the Company’s results include, but are not limited to, product demand, market acceptance, impact of competitive products and prices, product development, completion of an acquisition, commercialization or technological difficulties, the success or failure of negotiations and trade, legal, social and economic risks. Additional factors that could cause or contribute to differences between the Company’s actual results and forward looking statements include but are not limited to, those discussed in the Company’s filings with the Securities and Exchange Commission.

Contact:
Robert Schaefers
Phone: 949-500-8280

SOURCE: We Save Homes, Inc.