Nielson & Sherry, PSC, a Newport, Kentucky firm which handles concerns related to the mortgage, lending, default, and real estate communities, recently announced the appointment of Dan Israelson to the role of director of client relations and business development.

The Alabama law firm Sirote & Permutt, P.C. raised more than $7,500 in support of the 17th Annual Susan G. Komen Race for the Cure and was recognized as bringing together the largest team among corporate sponsors.

Bendett & McHugh, P.C. recently announced that they have expanded their foreclosure and bankruptcy legal services to Vermont and are now able to handle foreclosure and bankruptcy needs in all six New England States of Connecticut, Massachusetts, Maine, Rhode Island, New Hampshire, and Vermont.

Keystone Research Center announced yesterday that Pennsylvania home prices have seen a drop in prices over the last year in 15 of the 16 metro areas studied by the research and policy development institute.

Freddie Mac announced yesterday that it is ordering servicers to suspend all foreclosure sales on properties with Freddie Mac-owned mortgages in the federally declared disaster areas caused by Hurricane Ike in Texas and Louisiana.

According to the Altos Research Real National Estate Report released yesterday, in September Altos saw home prices drop in 21 out of the 26 markets they study. Additionally, the report showed that in a 10-city composite comparing price, they saw a 1.

Earlier this week the Bank of America Corporation reported that their third quarter net income declined 32 percent to $3.70 billion in Q3 2008 from $5.42 billion in Q3 2007. Overall, the company’s total earnings for the quarter was $1.

The HOPE NOW Alliance, which consists of private sector mortgage servicers, counselors, and investors who are working together to combat the growing foreclosure problem, recently released their August housing figures which showed that nearly 2.

The employees of the law firm of Hutchens, Senter & Britton, P.A. participated in a firm wide fundraiser for breast cancer research recently. By taking part in the Lee National Denim Day fundraiser, not only did employees get to wear blue jeans to work, but they raised $427 for their cause.

Henry A. Waxman, chairman of the Committee on Oversight and Government Reform, announced that the Committee will hold five hearings in October to examine the mistakes that were made in regulation that have led to the troubles we are now seeing on Wall Street.