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88 life of the loan and may reduce errors that po- tentially create compliance risk. Additionally, the platform offers lenders real-time visibility into loan status and performance through a secure lender portal. As part of its servicing capability, BSI is also offering investors a loan recapture origina- tion service for their loans. Backed by an AI- driven engine that provides the loan origina- tion team predictive analytics, the company says it can connect to the capital markets along with subservicing and additional services. Vodii, Factom Power Edina Realty Title's Software Edina Realty Title, a Berkshire Hathaway Company, will be the first customer to imple- ment Austin-based Vodii's TxM GlobalSign. is software module allows real estate closing documentation to be digitally signed and no- tarized to simplify and secure communication between closing agents and all stakeholders of a real estate transaction. TxM GlobalSign is part of Vodii's TxM Software Suite, a white- labeled, SaaS, web-based transaction manage- ment application that leverages Factom's Harmony Blockchain-as-a-service technology to protect document integrity. "Our customers' experience is paramount and must consistently instill confidence and trust throughout the buying or selling process," said Brad Fisher, President of Edina Realty Title. "TxM GlobalSign uses Factom Inc.'s Harmony BaaS technology to improve our customer's experience, while also boosting the security of our services, increasing our team's productivity, and preserving precious natural resources. We can't wait to launch!" TxM GlobalSign was developed in response to the evolving legal and regulatory requirements to accept electronic signatures and notarization. Factom Harmony allows TxM GlobalSign to create an audit record of activities, data, events, and decisions to help improve efficiency and security. "It's important that someone buying or sell- ing a home can trust their team and the process," said Matt Regan, Founder and CEO of Vodii. "In partnership with Factom Inc., we are proud to have developed an experience that raises the bar for convenience, reliability, and security." "e real estate services industry is the first use case where we expected the Factom Har- mony products to be applied," said Laurie Pyle, COO of Factom Inc. "In our partnership with Vodii, we're creating a new industry standard for borrower and seller protection surrounding one of the most important transactions of their lifetime, while also providing additional value to originators and underwriters through the creation of verifiable and independently audit- able blockchain records." HUD Reaffirms Its Commitment to Hurricane Harvey Recovery e U.S. Department of Housing and Urban Development (HUD) announced a grant of $652 million to help Texas in its efforts to recover from the effect of 2017's Hurricane Harvey on the state's housing and infrastruc- ture. is grant supports the $5 billion in disaster recovery that was approved by HUD in June 2018. On its part, Texas has submitted its latest recovery plan for HUD's review. e plan primarily focuses on the restoration of dam- aged and destroyed homes, businesses, and infrastructure. According to the latest plan submitted to HUD, the bulk of the $652 million, will go towards program-related funds allocated to the State of Texas administered programs. Approximately $200 million will be allocated to the Affordable Rental Program. e state said that $236 million will be allocated towards the state-run Homeowner Assistance Program (HAP), while $4.4 million will go towards Housing Program Project Delivery. e additional funding allocated to HAP increases total funding for the program to around $1.3 billion to help meet owner-occu- pied housing's unmet need, the plan submitted by the state indicated. "We're taking another important step along the path to recovery for hard-hit areas in East Texas," HUD Secretary Ben Carson said. "HUD is committed to working alongside Texans to rebuild their homes, restore their businesses, and repair their critical infrastruc- ture." e Texas General Land Office (GLO) estimates the cost of damages from Hurricane Harvey at $120 billion, making it the costliest event in U.S. history. e hurricane shut down ports, trade, tourism, oil and gas production, agricultural production, and general businesses across most of the Texas coast, for almost a week and, in some cases, significantly longer. "I am grateful to Secretary Carson for his tremendous partnership throughout the recovery and ongoing rebuilding process and for his leadership from the very beginning," Texas' Gov. Greg Abbott said. "With these funds, Texas will do more than rebuild. We will rebuild our communities stronger and more resilient than before." According to the GLO, over a million homes were impacted by Hurricane Harvey and Texas is projected to spend more than $2.6 billion on response and recovery. THE LEADER IN DEFAULT SERVICING NEWS Help shape the next issue of DS News. Drop us a line at Editor@DSNews.com. was the change in the share of married couples living with roommates in Washington, D.C., between 2005-2009 and 2012-2016. Source: Trulia STAT INSIGHT 66%