Wednesday, June 20, 2018

REO

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...

Tax Servicing an ‘Intricate Part of the Loan Servicing Industry’

There are more than 24,000 tax agencies or taxing authorities across the country - each with its own rules, processes and guidelines.

Auction.com Hires Amit Aggarwal as SVP, Product and Technology

Amit Aggarwal has joined Auction.com, an online real estate transaction marketplace focused exclusively on the sale of bank-owned and foreclosure properties, as the company’s...

MCS Buys Carrington Home Solutions’ Field Services Division

Mortgage Contracting Services (MCS), offering title, valuation, property preservation, REO maintenance, inspection and other services, is buying the property preservation division of Carrington Home...

Computershare Mortgage Solutions Rebrands to Property Solutions

To better reflect what it does, Computershare Mortgage Solutions, a Computershare Loan Services company that provides REO asset management, valuation and title services, has...

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