MixStar Inc., which operates an on-line information service for the mortgage industry, is offering to help companies develop sites on the Internet's World Wide Web. Its services include training, maintenance, and consulting.
Companies that establish Web sites would join more than 30 others that provide information to MixStar's on-line service. They include Bank of America, Countrywide Credit Industries' wholesale arm, Contour Software Inc., Fleet Mortgage Group, and the Mortgage Bankers Association of America.
MixStar provides its service through America Online. The development of the Web sites would expand the access to include the Internet.
The service includes mortgage industry news and publications, a directory of industry participants, industry calendars, and information about lenders, programs, and pricing.
The company says it has about 1,000 mortgage professionals as on-line users.
In another technology development, Interlinq Software Corp. said it had terminated its marketing agreement with Tuttle & Co. effective at the end of October. Interlinq had been marketing a Windows version of Tuttle's program for mortgage loan officers.
The marketing agreement included a termination option for either party after six months. Tuttle & Co. elected to terminate the marketing agreement.
Interlinq will pay $2 million to receive a perpetual source code license to the program, Loan Officer Plus for Windows.
