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Tag Archives: California

Jackson & Associates Merges Into The Wolf Firm

California-based mortgage banking law firm Robert J. Jackson & Associates, one of the largest REO and mortgage default firms in the country. has merged into The Wolf Firm, a Law Corporation, according to an announcement from The Wolf Firm.

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HomeUnion Welcomes New Asset Management Director

HomeUnion, an Irvine, California-based online real estate investment firm, has announced the hiring of property investment management expert Julie Manthey as senior director of asset management.

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Ellie Mae Promotes Corr to CEO

In California, mortgage software and services provider Ellie Mae announced the promotion of Jonathan Corr to the position of CEO.

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RES.NET Announces Launch of Customized Technology Services

California-based real estate software applications provider RES.NET has added customized technology services to its suite of products, according to an announcement from the company.

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CoreLogic Launches Compliance Solution for Servicers

According to an announcement, CoreLogic created the solution as a faster, cheaper, configurable way for servicers to check a number of factors related to a loan's status and viability, including lien status, current equity position, and the borrower's updated credit profile. The end result is a platform intended to allow firms to easily render modification and forbearance decisions in a compliant way.

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CFPB Penalizes California Mortgage Lender for Illegally Compensating Employees

The Consumer Financial Protection Bureau (CFPB) announced that it has ordered California-based residential mortgage lender Franklin Loan Corporation to pay $730,000 in restitution for rewarding its employees with bonuses for suggesting loans with higher interest rates to borrowers.

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California Judge Dismisses $16 Million Verdict Against Servicer

A California judge dismissed a $16.2 million verdict a jury awarded to a California homeowner in July after the homeowner sued mortgage servicer PHH Mortgage to stop foreclosure proceedings on his home.

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Housing Market Cools Off as Inventory Slows

The number of listings last month was approximately 1.87 million, down 2.7 percent annually and 7.9 percent monthly. The decline compares to Redfin's latest analysis, which showed an unexpected bump in inventory from new listings. Redfin's data measures a narrower list of markets nationwide.

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