In an announcement Thursday, Sawbuck Realty, an online broker headquartered in Washington, D.C., said it has launched the first location-aware mobile real estate search website.

The annual statistical report regarding the Colorado title insurance industry was recently released by the division of insurance of Colorado's Department of Regulatory Agencies (DORA).

Regulation X implemented new RESPA rules effective January 1, 2010, and Clayton Holdings LLC, a provider of customized risk analysis, loss mitigation, operational solutions, and staffing services to the mortgage industry, said its major compliance tools are ready for these new regulations.

New York-based Amalgamated Bank, an FDIC insured commercial bank with $4.5 billion in assets, announced Thursday that it has named James T. Freel to the position of SVP and chief real estate officer in its institutional asset management and custody division.

It's not uncommon to wonder what happens when an order is placed for an appraisal or BPO. Without asking questions, some might wonder if a provider has an effective quality control process and whether the provider is giving the most accurate information.

Dallas-based Encore Equities, LLC, a subsidiary of the diversified commercial real estate firm Encore Enterprises, Inc., announced Julian Wells as its new VP on Wednesday.

As of November 30, 2009, the aggregate value of DebtX-priced commercial real estate loans that collateralized commercial mortgage-backed securities (CMBS) increased to 77.7 percent, up from 76.9 percent as of October 30, 2009, but down from 81.3 percent on January 30, 2009.

In the most recent Wealth Hazards Worry Index, 40 percent of respondents believe the U.S. economy could enter another recession in 2010 if the government does not provide a stimulus plan.

In an effort to expedite REO sales, Fannie Mae has adopted a new policy. As part of this policy, Fannie Mae may accept offers to purchase homes it has repossessed without notifying loan servicers, and loan servicers may be required to reimburse Fannie Mae for a loss if it turns out the original mortgage on the home did not meet its eligibility or underwriting requirements, Inman News said Wednesday.

Jointly developed by the American Securitization Forum (ASF) and Standard & Poor's Fixed Income Risk Management Services (FIRMS), the American Securitization Forum Loan Identification Number Code (ASF LINC) is a new standardized universal code that creates greater data transparency at the collateral level. Truckee, California-based Clear Capital, a provider of collateral valuation for residential mortgage-backed securities, announced today that the company has updated its systems to accept the new loan identification code.