Sunday, April 21, 2019

REO

LRES Hires Scott Spencer as Chief Technology Officer

Scott Spencer recently joined LRES, offering valuations, REO asset management, and HOA solutions for the mortgage and real estate industry, as chief...

Altisource Releases Bundled Solution For Delinquent FHA Loans

Altisource is offering a bundled solution that provides customized asset management services for delinquent FHA loans.The new bundled...

LRES Taps Peter Lutz as VP and National Sales Manager

Peter Lutz has joined LRES, a provider of valuations, REO asset management and HOA solutions for the mortgage industry, as vice president...

Consolidated Analytics Buys Carrington Property Services

Consolidated Analytics, a provider of property valuation, loan due diligence, mortgage fulfillment and advisory services, has acquired Carrington Property Services, a provider...

Tiffany Malm: REO Market Has Seen Significant Change Since Great Recession

PERSON OF THE WEEK: The housing finance industry has undergone a complete transformation since the financial crisis struck in 2008 and how...

ATTOM: Foreclosure Starts Fell 6% in 2018

Lenders started the foreclosure process on 369,170 residential properties in 2018, down 6% from 2017 and down 83% from a peak of...

Exceleras Updates its Real Estate Search Engine

Exceleras has overhauled its consumer-facing real estate search engine to make it easier for investors to find REO properties and other assets...

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...

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