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.
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.