Foreclosure Starts Down Nationwide But Up in 36% of Local Markets
There were 29,017 foreclosure starts in October, an increase of less than 1% compared with September but down 8% from October 2017, according to...
Exceleras Adds ‘Property Management’ to DispoSolutions
Exceleras reports that it has updated its DispoSolutions Real Estate Owned (REO) solution so that “property management” is now among the available vendor types.This...
MCS Hires One, Promotes Two to Executive Team
Len Suazo recently joined Mortgage Contracting Services (MCS), a national provider of mortgage-related services, as corporate controller.In addition, Ashley Taylor and Bethany Ockerman have been promoted...
Safeguard Properties Rolls Out New Workflow Management Platform
Safeguard Properties is unveiling a new, integrated field services platform called SafeView.The new platform is designed to meet the ever-changing requirements of the mortgage...
Exceleras Updates its DispoSolutions REO Platform
Exceleras, a provider of default software solutions for banks, servicers, subservicers, capital market groups and other mortgage and real estate industry professionals, has updated...
LRES Promotes Jill Haro to SVP of Corporate Administration
Jill Haro has been promoted to senior vice president of corporate administration at LRES Corp., a provider of valuations, REO asset management and HOA...
Xome Buys Assurant Mortgage Solutions
Xome Holdings, an indirect wholly-owned subsidiary of WMIH Corp. (formerly known as Washington Mutual), has acquired Assurant Mortgage Solutions, a division of Assurant providing mortgage...
ATTOM: Foreclosure Starts Down 8% Compared with First Half of 2017
A total of 191,914 U.S. properties started the foreclosure process in the first six months of 2018, down 8% from the first half of...
Angela Hurst: Regulatory Unpredictability is Biggest Challenge Mortgage Servicers Face
PERSON OF THE WEEK: Angela Hurst is senior vice president of strategy and development for U.S. Real Estate Services (USRES), a provider of real...
LRES Promotes Mark R. Johnson to President
Mark R. Johnson has been promoted to president at LRES Corp., a residential and commercial real estate services company that provides nationwide valuations, REO asset management...
Altisource Hires Patrick McClain as SVP, Hubzu Auction Services
Patrick McClain has joined Altisource Portfolio Solutions as senior vice president, Hubzu auction services.McClain was previously senior vice president, asset management, for Auction.com, where...
Re-Engineering Default Processing to Unlock Operational Efficiency
There are ways to make default management more efficient for the servicer and less disruptive for the consumer.
MBA: Fall Storms Pushed Up Mortgage Delinquencies in Q4
The fall hurricanes pushed up the mortgage delinquency rate to 5.17% of all mortgages in the fourth quarter of 2017, an increase of 29...
Safeguard Properties Launches Next-Generation Multimedia Application
Safeguard Properties has introduced a next-generation multimedia application that allows field services workers to use panoramic photos, video and audio to document their work...
Modernizing Consumer Foreclosure Relief Programs
BLOG VIEW: During the height of the Great Recession, with residential mortgage default frequency and severity at historical highs, an avalanche of consumer relief...
ATTOM: Average Time to Foreclose Reached More than 1,000 Days in Q4
Although the the total number of foreclosure actions on residential properties throughout the U.S. continued to decrease in 2017 - down 27% from 2016...
Black Knight: Serious Delinquencies Jumped in December Due to Impact From Storms
Serious delinquencies (90 days or more past due) increased in December due to the effects of hurricanes Harvey, Irma and Maria, which struck Texas,...
Foreclosure Filings Fell 27% in 2017 to Reach Lowest Level Since 2005
The total number of foreclosure filings - including default notices, scheduled auctions and bank repossessions - on U.S. residential properties decreased 27% in 2017...
Rob Pajon: Mortgage Servicers Need Technology That Adjusts to Business Cycles
PERSON OF THE WEEK: Rob Pajon is senior vice president, marketing and product, with U.S. Real Estate Services (USRES), a company focused on REO...
CoreLogic: Mortgage Delinquencies Up Slightly in October Due to Storms
The national mortgage delinquency rate as of the end of October stood at about 5.1%, an increase of 0.1 percentage points compared with October...
