LANSDALE, Pa., March 6, 2014 (SEND2PRESS NEWSWIRE) -- Global DMS, the leading provider of Web-based compliant valuation management software, announced that HousingWire magazine designated the company to its new HW TECH100™ list. The list honors the 100 most innovative technology firms in the U.S. housing economy. Global DMS is one of only six companies to be recognized in the valuations category.
"With more than 400 firms under consideration this year, selecting 100 was incredibly difficult - and making the cut should be considered a distinct honor," said Jacob Gaffney, executive editor of HousingWire magazine. "What really stands out to me is this: for the firms included in the 2014 HW TECH100, the average reported customer growth rate year-over-year was a whopping 359 percent. This tells me that innovation is really taking off when it comes to the future of the housing economy."
At the core of Global DMS' Web-based solutions is its eTrac® Enterprise platform, which provides the mortgage industry with a consistent, cost effective, automated method to compliantly manage the entire collateral valuation process. eTrac is in use by thousands of users that spans lenders, appraisal management companies (AMCs), appraisers and other real estate entities.
"The revolution in mortgage and real estate technology is just getting started. What we've already seen happen in many other industries, from retail to news media, we're now seeing take place on a grand scale in the U.S. housing economy," commented Paul Jackson, publisher and CEO of HousingWire magazine. "The HW TECH100 recognizes those firms that are innovating the future of an industry that underpins much of the U.S. economic engine."
About the HW TECH100™:
The HW TECH100™ looks to find the housing economy's 100 most innovative technology companies. The annual program is the first to look at the entire housing economy, spanning residential real estate to residential mortgage lending, servicing and investments. Collectively, the housing economy represents roughly one third of the U.S. economy, and more than 600 technology firms and dot-coms offer solutions that serve this market. Learn more at http://tech100.housingwire.com/.
About HousingWire:
HousingWire is the nation's most influential news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company's news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Learn more at http://www.housingwire.com/.
About Global DMS:
Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is the mortgage industry's preeminent provider of commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company's solution set is cost effectively delivered on a software-as-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. The company's solutions include its eTrac valuation management platform, eTrac WebForms, Global Kinex, AVMs, the MISMO Appraisal Review System (MARS) and AMCmatch.com. For more information, visit the company's web site at http://www.globaldms.com/ or call (877) 866-2747.
MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com
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NEWS SOURCE: Global DMS :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2014 Send2Press® Newswire, a service of Neotrope®.