Fannie Taps CCCS For FC Counseling Initiative
Fannie Mae has announced a new partnership that the company says will accelerate response time and provide financial counseling to distressed Florida homeowners...
Maryland Governor Acts On Power-Of-Sale Law
Gov. Martin O'Malley, D-Md., has signed a new law establishing that the power of sale is valid in existing and future deeds of...
Chase Plans Foreclosure-Prevention Events In Eight Markets
Chase says it will host multi-day homeowner assistance events for struggling Chase homeowners in eight major U.S. markets this year. The events complement...
S&P, Experian To Launch Consumer Credit Default Indices
Standard & Poor's (S&P) and Experian have teamed to launch a series of consumer credit default indices in the U.S. The S&P/Experian Consumer...
Colo. Shortens FC Sale Timelines On Abandoned Properties
Colorado Gov. Bill Ritter Jr. has signed into law a new expedited foreclosure process for abandoned properties in the state. The bill -...
Calif. Real Estate Commissioner Issues Short-Sale Alert
Jeff Davi, California's commissioner of real estate, has announced the issuance of a consumer alert by the California Department of Real Estate (DRE)...
Freddie Delinquency Rates Fall For First Time In Almost Three Years
Freddie Mac's single-family delinquency rate fell for the first time in nearly three years in March, sliding seven basis points from February to...
Sterling National Receives ISO Certification Of Tax Management Ops
Sterling National Corp., a specialty insurance provider and wholly owned member company of QBE, has expanded its ISO 9001:2008 certification program. ISO 9001...
Fitch Takes Rating Actions On Several Servicers
Fitch Ratings has taken actions on several residential mortgage servicer ratings. The agency upgraded the primary specialty-reverse servicer rating belonging to Financial Freedom...
Florida AG Investigates Florida Default Law Group
Florida Attorney General Bill McCollum is investigating one of the state's largest foreclosure law firms. McCollum's office posted a message on its website...
LPS Mortgage Monitor Report Shows Mixed Results
Modest improvements in the number of loans curing to current and reductions in total new delinquencies are still overshadowed by a large pool...
Fifth Third Converts HAMP Trials At More Than Twice National Average
As percentages for permanent modifications in the government's Home Affordable Modification Program (HAMP) have increased to double digits, Fifth Third Mortgage Co. reports...
Freddie Mac Notes Auction Success In California, Vegas
Freddie Mac reports that it sold 207 HomeSteps real estate owned (REO) homes to first-time buyers and other owner-occupants at morning and afternoon...
Safeguard Properties Launches New Web Site
Safeguard Properties has announced the launch of its new marketing Web site, www.safeguardproperties.com. The new site was developed based on feedback and input...
Fannie Extends 3.5% Seller Assistance On Its REOs
Fannie Mae has extended its seller assistance incentive on all of its real estate owned (REO) HomePath properties. Buyers will receive 3.5% of...
Short-Sale Firm Updates Technology
Foreclosure Response Team, a short-sale solutions provider that combines a nationwide Realtor network with proprietary technology, has released Online Management System (OMS) Version...
Five Brothers Introduces HUD P260 Bid Data Input Service
Warren, Mich.-based Five Brothers, a nationwide provider of commercial and residential mortgage default management solutions, has released its QuickData HUD P260 bid data...
eMASON Updated To Process HAMP Fallouts, Fannie Alt-Mods
eMASON has made several enhancements to its Clarifire application that the company says will allow servicers to respond more rapidly to federal loan...
Chase Opens Second Homeownership Center In Georgia
Chase will open its second Homeownership Center in Georgia this week, the bank says. The new center, located in Stockbridge, will provide one-on-one...
IMS Recognized Among Fastest-Growing Woman-Owned Businesses
Houston-based Integrated Mortgage Solutions (IMS), a collateral protection resource for the servicing industry, has been named one of the 50 Fastest Growing Woman-Owned/Led...