LANSDALE, Pa., March 10, 2015 (SEND2PRESS NEWSWIRE) -- Global DMS, a leading provider of web-based compliant valuation management software, announced that HousingWire magazine again named the company to its 2015 HW TECH100(TM) list. The list was officially introduced in 2014 and each year seeks to recognize the 100 most innovative technology firms in the U.S. housing economy.
More than 250 companies were evaluated by HousingWire editors for this year's program, which looks at technology innovation along six different categories: uniqueness of solution, growth, market influence, market potential, elegance of implementation, and "something else entirely" - a catch-all for disruption and other factors that drive innovation.
"This year we were struck by the level of innovation we saw, with 40 new additions to the HW TECH100," stated Jacob Gaffney, executive editor at HousingWire. "That speaks to how much change is taking place in the mortgage industry overall right now; we're seeing a lot of market disruption, and technology providers are clearly taking advantage of the opportunity that creates."
Global DMS' core platform is eTrac(R) Enterprise, 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 company also integrates with leading loan origination system (LOS) platforms, data analytics firms and other third party service providers.
"Technology is changing both the mortgage and real estate industries in tangible and positive ways," remarked Paul Jackson, publisher and CEO of HousingWire. "The honorees that are part of the 2015 HW TECH100 are shaping this revolution, helping forge the future of an industry that drives the U.S. economic engine."
HousingWire is the nation's most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at http://www.housingwire.com/ .
About the HW TECH100:
The HW TECH100(TM) highlights the housing economy's 100 most innovative technology companies, along six unique dimensions of innovation. The annual awards program is the only program of its kind to include technology serving both the U.S. residential real estate and U.S. residential mortgage industries. Learn more at http://tech100.housingwire.com/ .
About Global DMS:
Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is a leading 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-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. Global DMS' 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.
Profundity Communications, Inc.
Global DMS, 1555 Bustard Road, Suite 300, Lansdale, PA 19446.
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