Stephen M. Ross, the famed real estate mogul and proprietor of the NFL's Miami Dolphins, has been given the green light by federal regulators for a bank charter.

Glastonbury, Connecticut's The National Groups, the parent company of the National Default Servicing, LLC suite of mortgage service operations, will be presenting a full roll out of its Modification and Short Sale Fulfillment Program at the 2009 Five Star Default Servicing Conference and Expo in Fort Worth, Texas from September 20 to 23.

Mortgage applications fell as rates for long-term 30-year loans edged upward during the shortened Labor Day holiday week.

And the winner is â¬Â¦ Residential Credit Solutions, Inc. for[IMAGE]the government's Legacy Loans Program (LLP).

Dallas-based SigniaDocs has named Charles Epperson, the former director of eMortgage product management for Stewart Lender Services, to the newly-created post of VP of eMortgage technology.

Community banks across the country continue to fold under the pressures of the nation's economic crisis, as soured loans stack up and drain small institutions's balance sheets.

James Gorman, currently co-president of Morgan Stanley, will move into the role of the company's CEO beginning January 1, 2010.

Robert J. Hopp & Associates, a Denver-based regional provider of legal, default, disposition,and title services, has announced the promotion of Sam Smith to chief operating officer.

Livonia, Michigan-based ELK Software announced on Monday a major upgrade to its Short Sale Commander web-based software.

Finance veteran Michael Mazzei has left Barclays Capital to lead the commercial real estate debt division at Bank of America Merrill Lynch, the company announced Thursday.