Mortgage Lending September 15, 2009
Dallas-based SigniaDocs has named Charles Epperson, the former director of eMortgage product management for Stewart Lender Services, to the newly-created post of VP of eMortgage technology. -- DSNews.com,Admin, 09/15/2009
CGI Group, Inc., a provider of information technology and business process services in Fairfax, Virginia, recently announced the addition of accounts receivable and cash management capabilities within -- DSNews.com,Admin, 09/15/2009
SoundBite Communication, Inc. has recently introduced a new customer communications solution for mortgage servicers participating in the Making Home Affordable loan modification program. The company s -- DSNews.com,Admin, 09/15/2009
A mortgage services firm owned by Texas private equity giant Lone Star has acquired software for high-volume loan processing that was part of a recent bankruptcy dispute in Arizona. -- DSNews.com,Admin, 09/15/2009
Zoot, a provider of advanced instant credit decisioning and loan origination solutions, recently polled financial industry executives regarding their credit risk policy development processes. The resu -- NationalMortgageProfessional.com,NMP Media Services, 09/15/2009
An Illinois-based hedge fund is spearheading a move by mortgage investors to demand greater federal protection and compensation for allowing modifications to loans in their portfolios. -- DSNews.com,Admin, 09/15/2009
On Monday, Milwaukee, Wisconsin-based eMagic announced that Wolters Kluwer Financial Services' initial home loan disclosures are now available from within the eMagic service fulfillment platform. -- DSNews.com,Admin, 09/15/2009
State Employees' Credit Union (SECU) and its member-owners are partnering with the Center for Responsible Lending, the North Carolina Commissioner of Banks, and Capital Broadcasting Corporation to -- DSNews.com,Admin, 09/15/2009
The labor market has replaced housing as the dark cloud on the economic horizon, Freddie Mac economists said, but there are hopeful signs even as the jobless rate continues to rise. -- DSNews.com,Admin, 09/15/2009
Mortgage technology and services provider Lender Processing Services, Inc. (LPS) announced Monday that its SoftPro division won a Stevie Award for Best Product Development Team at the 2009 American Bu -- DSNews.com,Admin, 09/15/2009
Company Expands Modification, Short Sale, and Valuation Service Program -- The National Groups, LLC,Dan Mahoney,Glastonbury Ct 09/15/2009
Prominent eMortgage figure to oversee technology and development of innovative products for industry leader SigniaDocs -- SigniaDocs,Tim Anderson,Jacksonville fl 09/15/2009
Steve Russo, a former Managing Director and Florida Regional Executive of Real Estate at Wachovia Bank, announced the founding of The CREF Group, a real estate advisory and investment group. -- Cynergie Group LLC,Steve Russo,Fort Lauderdale Fl 09/15/2009
Lotus Quickr, Lotus Notes 8.5, Lotus Sametime Selected to Transform Web 2.0 Workforce -- Mortgage Calculator Tool,Mike Azzi,Minneapolis 09/15/2009
Lack of Opportunity to Purchase Quality Assets Surprises Investors Commercial Real Estate Sectors Expected to Deteriorate Through 2010 -- PricewaterhouseCoopers,Laura Schooler,New York 09/15/2009
- An Estimated $11.5 Billion in Mortgage Payment Savings Will Accrue to U.S. Borrowers Over the Next Five Years - -- First American Family of Companies,Carrie Gaska,Santa Ana Calif. 09/15/2009
MFA (NYSE:MFA) announced today that it has made substantial progress in acquiring additional senior most tranches of non-Agency RMBS ("Senior MBS") to complement its existing portfolio of Agen -- MFA Financial, Inc.,MFA Investor Relations,New York 09/15/2009
National Rate Below 5.00% Monday, According to Zillow(R) Mortgage Rate Monitor -- Zillow,Katie Curnutte,Seattle 09/15/2009
- Additional Safety Due to the ECB's Purchase Programme and Federal Government Backing -- HELABA Landesbank,Wolfgang Kuss,Frankfurt 09/15/2009
In the wake of the largest wildfire in the modern history of Los Angeles County, the Wells Fargo Foundation has made a $25,000 commitment to support the efforts of the American Red Cross of Greater Lo -- American Red Cross of Greater Los Angeles,Monica Diaz,Los Angeles 09/15/2009
Modification and extension of credit facility through December of 2011 Entered agreement to sell Lloyd Center for $192 million -- Glimcher Realty Trust,Mark E. Yale,Columbus Ohio 09/15/2009
Genworth Financial, Inc. (NYSE:GNW) today announced that it has commenced an underwritten public offering of approximately $500 million of its Class A Common Stock. To the extent that the underwriters -- Genworth Financial, Inc.,Alicia Charity,Richmond Va. 09/15/2009
Corporacion GEO, S.A.B. de C.V. (BMV: GEOB; CORPGEO MX, ADR Level I CUSIP: 21986V204; Latibex: XGEO), Casas GEO, Mexico's leading affordable entry-level housing developer, today announced that it -- Corporacion GEO S.A.B. de C.V.,Hans Schroeder,Mexico City 09/15/2009
The National Groups, the parent company of the National Default Servicing LLC suite of mortgage service operations, has announced a full rollout of its Modification and Short Sale Fulfillment Program. -- NationalMortgageProfessional.com,NMP Media Services, 09/15/2009
MRG Document Technologies (MRG), a provider of mortgage technologies to banks, credit unions and other lenders, provides higher-priced mortgage loan tests that enable lenders to comply with the pendin -- NationalMortgageProfessional.com,NMP Media Services, 09/15/2009
NYLX, a provider of automated mortgage data applications and solutions, announced AppNavigator, a cross platform automated mortgage loan locking application to automate the flow of high volume, best e -- NationalMortgageProfessional.com,NMP Media Services, 09/15/2009
Residential Finance Corporation (RFC), an award-winning nationwide mortgage lender specializing in refinance, has named Douglas Harris to the position of chief operating officer. Harris has broad expe -- NationalMortgageProfessional.com,NMP Media Services, 09/15/2009
Lender Processing Services Inc. -- NationalMortgageProfessional.com,NMP Media Services, 09/15/2009
Analysts say they expect the Federal Reserve to stick to its plan to buy up $1.45 trillion in mortgage-backed securities, even though some of the Fed's regional chiefs want to see the plan scrappe -- DSNews.com,Admin, 09/15/2009
As expected, Cheronda Guyton's novel solution to the problem of REO maintenance cost her a job, as Wells Fargo fired the vice president in charge of foreclosures for not-so-quietly living in a mul -- DSNews.com,Admin, 09/15/2009
Home foreclosures continue to be on the minds of many people throughout the nation. And, worries about unemployment and not being able to meet mortgage payments often trump other issues such as what t -- ForeclosureDeals.com,James Beardman,Los Angeles 09/15/2009
Lawyers See More Mortgage Violations, Predatory Lending Uncovered in Coming Year -- Consumer Mortgage Audit Center, LLC (cmac),Shelley Pfaendler,Fort Lauderdale Fla. 09/15/2009
New Product Offers Competitive Protection for Today and Financial Planning Tools for Tomorrow -- AXA Equitable Life Insurance Company,Discretion Winter,New York 09/15/2009
In the current recession, mortgage payments that seemed manageable are missed and homes are lost to foreclosure; once thriving companies are forced to lay-off large numbers of workers who believed the -- BNA Tax & Accounting,Mark Carrington,Arlington Va. 09/15/2009
Added Functionality Can Help Lenders Reduce Regulatory Burden While Saving Time and Money -- EMagic,Jennifer Marso,Milwaukee 09/15/2009
On the same day President Barack Obama took his case for financial regulatory reform to Wall Street, the plan's chief ally in Congress said he was working with industry professionals on a bill to -- DSNews.com,Admin, 09/15/2009
Robert J. Hopp & Associates, a Denver-based regional provider of legal, default, disposition, and title services, has announced the promotion of Sam Smith to chief operating officer. -- DSNews.com,Admin, 09/14/2009
Livonia, Michigan-based ELK Software announced on Monday a major upgrade to its Short Sale Commander web-based software, which is used by listing agents, brokerages, and title and short sale companies -- DSNews.com,Admin, 09/14/2009
Doron Jampolsky - Founder of The Credit Clinic announces today that the clinic is open and ready to serve consumers. The Credit Clinic performs full credit analysis and repair for the credit consumer -- The Credit Clinic,The Doc,Tempe Arizona 09/14/2009
Doron Jampolsky - Founder of The Credit Clinic announces today that the clinic is open and ready to serve consumers. The Credit Clinic performs full credit analysis and repair for the credit consumer -- The Credit Clinic,The Doc,Tempe AZ 09/14/2009
Start: 10/13/2009 Timezone: America/New York Start: 10/13/2009 Timezone: America/New York Join the North Carolina Association of Mortgage Professionals on Tuesday, -- NationalMortgageProfessional.com,NMP Media Services, 09/14/2009
Congressional watchdogs last week decried Fannie Mae's and Freddie Mac's "mixed record in meeting their housing objectives," saying in a report that the government-sponsored mortgage g -- DSNews.com,Admin, 09/14/2009
The global recession's over, don't you know! So said the Paris-based Organization for Economic Cooperation and Development in a new report released Friday. The group announced that "clear -- DSNews.com,Admin, 09/14/2009
One year to the day after the colossal failure of Lehman Brothers sent markets into a tailspin and raised questions about the adequacy of U.S. financial regulations, President Obama said Monday that t -- DSNews.com,Admin, 09/14/2009
Coldwell Banker in San Diego has gotten into the short sale business by acquiring a local firm with a proven track record in getting the transactions done. -- DSNews.com,Admin, 09/14/2009
According to August 2008 statistics released by MLSlistings Inc., opportunities for both sellers and buyers in the Santa Clara County, California housing market are plentiful. Inventory of single-fami -- DSNews.com,Admin, 09/14/2009
JPMorgan Chase sees a potential opportunity in commercial real estate as the market nears bottom with sellers distressed and other banks overexposed. -- DSNews.com,Admin, 09/14/2009
A new wave of defaults and foreclosures threatens the U.S. housing market as interest-only loans are poised to reset, increasing monthly payments for borrowers by as much as 75 percent as they need to -- DSNews.com,Admin, 09/14/2009
Fiserv Inc., a provider of financial services technology solutions, has announced the availability of its new Aperio Lending solution. Aperio Lending from Fiserv is an integrated, thin client loan ori -- NationalMortgageProfessional.com,NMP Media Services, 09/14/2009
Lender Processing Services Inc. (LPS), a provider of integrated technology and services to the mortgage and real estate industries, has announced that its SoftPro division won a Stevie Award for Best -- NationalMortgageProfessional.com,NMP Media Services, 09/14/2009
It was love at first sight. I was a 15-year-old working as a parking lot cashier, when a brand new car pulled up to the booth. I’d never seen anything like it; it was a new model from Toyota cal -- NationalMortgageProfessional.com,NMP Media Services, 09/14/2009
Within the current down market, many Americans have become unintentional real estate investors, as they are forced to rent out the houses they are unable to sell. While it may be an unwanted situation -- NationalMortgageProfessional.com,NMP Media Services, 09/14/2009
Warren Buffett, the Oracle of Omaha and the world's second-richest man, appears to be growing more cautious about the stock market. The investment mogul's company has begun to sell more stocks -- DSNews.com,Admin, 09/14/2009
A Wells Fargo senior VP responsible for foreclosed properties moved into a $12 million mansion in Malibu and turned it into an exclusive party pad just after the owners - a couple whose savings were w -- DSNews.com,Admin, 09/14/2009
Financial Industry Computer Systems, Inc. (FICS) announced last week that its residential loan servicing solution, Mortgage Servicer, has undergone loan modification and reporting enhancements to supp -- DSNews.com,Admin, 09/14/2009
We're in a housing recovery, right? Not according to Wall Street's prognosticating Queen of Darkness, banking analyst Meredith Whitney, who told CNBC that U.S. home prices would plummet again -- DSNews.com,Admin, 09/14/2009
Finance veteran Michael Mazzei has left Barclays Capital to lead the commercial real estate debt division at Bank of America Merrill Lynch. -- DSNews.com,Admin, 09/14/2009
James Gorman, currently co-president of Morgan Stanley, will move into the role of the company's CEO beginning January 1, 2010. Gorman takes the reins from former chief John Mack, who will remain -- DSNews.com,Admin, 09/14/2009
The first FindaProperty.com House Prices and Affordability Index, shows national UK asking prices moving into positive annual growth for the first time this year, with prices currently 512 pounds Ster -- FindaProperty.com,Brian Thorn,London 09/14/2009
Many First-Time Home Buyers and Investors Expected To Attend -- Zetabid,Greg Berardi,Los Angeles 09/14/2009
The Illinois CPA Society Offers Words of Financial Wisdom for Grandparents Day -- Illinois CPA Society,Judi Kulm,Chicago 09/14/2009
Community banks across the country continue to fold under the pressures of the nation's economic crisis, as soured loans stack up and drain balance sheets. The doors on three more regional banks - -- DSNews.com,Admin, 09/14/2009
Wells Fargo, JPMorgan Chase, and other major banks are fraudulently closing down home equity lines of credit (HELOCs), Chicago attorney Jay Edelson is alleging on behalf of a number of clients. Edelso -- DSNews.com,Admin, 09/14/2009
As rampant unemployment sours the mortgage industry, the Federal Deposit Insurance Corp. is encouraging its partner banks to do more to help borrowers troubled by job losses or underemployment. -- DSNews.com,Admin, 09/14/2009
LONDON, ENGLAND, September 13, 2009 /24-7PressRelease/ -- The launch of the Sainsbury`s Home Insurance Claims Index, which tracks the volume and value of claims on a six monthly basis, suggests that i -- 24/7 Press Release Newswire,24/7 Media, 09/13/2009
Though housing values are still slow to rebound from the collapse of the real estate market, a new analysis from CEOs for Cities reveals that homes in more walkable neighborhoods are worth more than s -- NationalMortgageProfessional.com,NMP Media Services, 09/11/2009
The Michigan-based default law firm of Potestivo & Associates, P.C. announced Friday that it has hired two new mediation specialists, Summer E. Gary and Paul Poles. Gary and Poles join the firm's -- DSNews.com,Admin, 09/11/2009
The Fair Mortgage Collaborative (FMC) has partnered with Mortgage Grader, a technology and management company in Laguna Niguel, California, to support the development and management of the organizatio -- DSNews.com,Admin, 09/11/2009
Mortgage real estate investment trusts looking to capitalize on cheap government financing and a massive supply/demand imbalance to build portfolios of distressed real estate assets are poised to lead -- DSNews.com,Admin, 09/11/2009
CEO Ventures, a boutique private equity firm that owns and manages a portfolio of Early Stage technology companies in proven markets with rapid growth potential, announced its 2010-2011 Fellows & Advi -- CEO Ventures,Nicole Lobisco,Atlanta 09/11/2009
Details of a new, national accreditation program for state mortgage regulators will be published in the Pennsylvania Bulletin on September 12, allowing for its adoption by other states. -- Offical Pennsylvania State Police Web Site,Ed Novak,Harrisburg Pa. 09/11/2009
- Wildfire-Risk Analysis Reveals More Than 85 Percent of Addresses in the Fire's Path Were at an Extremely High Risk for Being Destroyed by Fire - -- First American Family of Companies,Carrie Gaska,Austin Texas 09/11/2009
Amid continued falling home prices, U.S. homebuyers are negotiating even more discounts at the bargaining table, according to July`s Zillow Real Estate Market Reports. Buyers paid 3.3 percent, or a ne -- NationalMortgageProfessional.com,NMP Media Services, 09/11/2009
A recent spate of positive housing news—increases in sales of new and existing homes over successive months, and favorable reports on home prices during the second quarter—reinforces the m -- NationalMortgageProfessional.com,NMP Media Services, 09/11/2009
As part of its loss-share agreement with acquirers of failed Federal Deposit Insurance Corporation (FDIC)-insured institutions, the FDIC is encouraging its loss-share partner institutions to consider -- NationalMortgageProfessional.com,NMP Media Services, 09/11/2009
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