RealtyTrac: New Quarterly Records For Scheduled Auctions, REOs
Foreclosure filings - default notices, scheduled auctions and bank repossessions - were reported on 932,234 properties in the first quarter - a 7%...
DepotPoint Launches Real Estate Agent Network, HAFA Solution
DepotPoint Inc., a provider of default servicing workflow solutions, has launched AgentConnect, a tool designed to help qualified real estate agents gain visibility...
ServiceLink Expands Loss Mit Operations
Pittsburgh-based ServiceLink, a provider of origination and default services and Fidelity National Financial's national lending platform, has opened a new office in Rancho...
PHH Mortgage Extends Contract For LPS’ Mortgage Servicing Package
Lender Processing Services Inc. (LPS) reports that PHH Mortgage has signed a multi-year contract renewal for LPS' servicing platform, Mortgage Servicing Package (MSP)....
PHH Mortgage Adds Subservicing Solutions
PHH Mortgage Corp., a subsidiary of PHH Corp., is now offering additional subservicing solutions to small and midsized institutions, such as community banks,...
Total Delinquent Loans 21% Higher Than Last Year, LPS Reports
Lender Processing Services Inc.'s (LPS) latest Mortgage Monitor report, which covers data through the end of February, shows that the total number ofÂ...
Ocwen Reports On MortgageKeeper Impact
In the last 30 days, more than 4,000 Ocwen Loan Servicing customers from 44 states found assistance to their financial problems via MKDirect,...
Ocwen Scoops Up Saxon Servicing Rights
Saxon Mortgage Services Inc. says it has entered into a negotiated mortgage servicing rights sale agreement with Ocwen Loan Servicing LLC. The transaction...
Fitch: Subprime Late-Pays Fall
With serious delinquencies up for the 34th consecutive month, U.S. prime residential mortgage-backed security (RMBS) late-pays have now eclipsed 10%, according to Fitch...
Halo Portfolio Advisors Contracts Mortgage Asset Management Fund
Halo Portfolio Advisors LLC, a subsidiary of Halo Cos. Inc., says it has signed an agreement to provide home retention solutions to an...
HOPE LoanPort Adds CCCS Atlanta
Consumer Credit Counseling Service of Greater Atlanta (CCCS Atlanta), with 30 offices in four states (Florida, Georgia, Tennessee and Mississippi), will join the...
RealtyBid.com Launches Site Redesign
RealtyBid.com has launched a Web site redesign and upgrade that is intended to enhance user experience. 'We have always prided ourselves on the...
Distressed Sales Again On The Rise, CoreLogic Reports
Distressed home sales - such as short sales and real estate owned (REO) sales - accounted for 29% of all sales in the...
Retreat Capital Deploys AnswerMine Tech For Predictive Modeling Services
Retreat Capital Management Group, an end-to-end provider of loss mitigation services, has deployed analytic software from Evanston, Ill.-based AnswerMine to power its predictive...
BofA, Webster Assist New England Homeowners Affected By Flood Damage
At least two lenders say they will provide temporary assistance to New England homeowners who suffered flood damage over the past week. Bank...
Loan Value Group Selects Firm To Market RH Reward Program
Rumson, N.J.-based Loan Value Group LLC (LVG) has selected DMi Partners Inc., a full-service interactive marketing and e-business management firm, as a strategic...
IndiSoft Enhances Platform To Meet HAFA Requirements
IndiSoft LLC, a technology developer focusing its efforts on the default service management industry, has announced that, effective immediately, its RxOffice platform meets...
FHLB Endorses Subservicer For Certain Products
The Federal Home Loan Bank (FHLB) of Des Moines has approved Nationwide Advantage Mortgage Co. (NAMC) as a subservicer for its Mortgage Partnership...
iServe Servicing Joins HAMP
iServe Servicing Inc., a special servicer of performing, subperforming, nonperforming and bank-owned assets, has received certification for participation in the Treasury Department's Home...
LPS Offers Clarification On WSJ Report
Lender Processing Services Inc. (LPS) has issued a clarification regarding an article published Monday by the Wall Street Journal. The report, 'U.S. Probes...