Escrow Services
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| Rank: 1356 CID: 405803 New: 01/29/2010 Mod: 02/01/2010 | ||
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| Rank: 332 CID: 401045 New: 02/06/2008 Mod: 02/08/2008 | ||
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| Escrow Services, Settlement Services | ||
| Rank: -650 CID: 121350 New: 06/01/2005 Mod: 06/01/2005 | ||
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Industry Daily News
Mortgage Lending News Click to continue . . .
• REOs and Short Sales Account for 50% of California Home Sales
Foreclosed homes taken back by lenders and distressed short sales accounted for nearly half of all residential home sales in California in 2009, according to a market report released this week by the California Association of Realtors.
As one of the hardest-hit states by the housing downturn, the Golden State is littered with bank-owned properties and homes facing foreclosure, but the lower prices and increasing buyer appetite for these deals are helping to reduce some of California's distressed inventory.
DSNews.com,Admin, 03/17/2010
• Housing Doesn`t Fare Well in John Burns Report Card
By grade school standards, the U.S. housing market would most likely get grounded, according to John Burns Real Estate Consulting's (JBREC) monthly report card issued this week. The market research and due diligence firm gave housing an overall grade of D+. Affordability, which the firm says is probably the most important indicator of short-term housing market performance, was able to pull out a C-, but the nation's housing supply got an F.
DSNews.com,Admin, 03/17/2010
• LPS Study Finds Pace of Delinquencies Is Slowing
While delinquency rates in the United States continue to reach new highs, the pace of deterioration has slowed, Lender Processing Services (LPS) said Monday.
Still, company's analysts caution that the nation's housing market remains far from a full recovery.
According to LPS' latest Mortgage Monitor report, nearly 7.5 million loans are in some stage of delinquency or foreclosure, with an additional one million properties in REO or post-sale foreclosure.
DSNews.com,Admin, 03/17/2010
• Four More Community Banks Closed by Regulators
The tally of bank casualties in the wake of the real estate downturn and the ensuing economic crisis continues to swell. This weekend, regulators shut the doors on four more regional lenders - two in New York and one each in Florida and Louisiana. That brings the number of institutions on the FDIC's failed bank list to 30 for the year.
DSNews.com,Admin, 03/17/2010
• Wells Fargo Surpasses Half Million Modification Mark
As of February 28, 2010, Wells Fargo & Co. had 505,832 active trial and completed modifications through its own modification programs and the federal Home Affordable Modification Program (HAMP). According to the administration's February HAMP report card released Friday, Wells Fargo completed more permanent modifications than any other HAMP servicer.
DSNews.com,Admin, 03/17/2010
• BofA Completes Nearly 21,000 Permanent HAMP Mods
Bank of America completed 20,666 permanent modifications under the Home Affordable Modification Program as of February 28, 2010, up from 12,761 a month earlier. The bank also has 22,303 additional permanent HAMP modifications that are pending and leads the mortgage servicing industry with more than 240,000 active trial modifications under HAMP.
DSNews.com,Admin, 03/17/2010
Industry Jobs & Resumes
Escrow Services
| Rank: -967 CID: 119599 New: 07/19/2004 Mod: 07/19/2004 | ||
| Rank: -1357 CID: 111128 New: 02/19/2001 Mod: 12/15/2008 | ||
| Rank: -2087 CID: 109599 New: 10/18/2000 Mod: 10/18/2000 | ||
| Rank: -2167 CID: 119654 New: 07/19/2004 Mod: 07/19/2004 | ||
| Rank: -2487 CID: 109675 New: 10/18/2000 Mod: 10/18/2000 | ||
| Rank: -2525 CID: 107411 New: 04/13/2000 Mod: 04/13/2000 | ||
| Rank: -2726 CID: 104827 New: 02/22/2000 Mod: 02/22/2000 | ||
| Rank: -3006 CID: 67657 New: 03/29/1999 Mod: 03/29/1999 | ||
| Rank: -3314 CID: 77079 New: 08/16/1999 Mod: 09/15/2007 | ||
| Rank: -3711 CID: 107545 New: 04/27/2000 Mod: 04/27/2000 | ||
| Rank: -3969 CID: 6041 New: 04/30/1996 Mod: 04/30/1996 | ||
| Rank: -4073 CID: 5634 New: 04/26/1996 Mod: 04/26/1996 | ||
| Rank: -4674 CID: 108982 New: 09/11/2000 Mod: 09/11/2000 | ||
| Rank: -5169 CID: 6028 New: 04/30/1996 Mod: 04/30/1996 | ||