Illinois-based Opus Capital Markets Consultants, LLC (Opus CMC) and Wisconsin’s Mortgage Data Management Company (MDMC) recently announced the acquisition of MDMC’s due diligence division by Opus CMC.

Lenders One Mortgage Cooperative, a national alliance of mortgage bankers headquartered in St. Louis, Missouri, announced last week that one of its own members will become the cooperative’s newest preferred investor.

First American Title Insurance Company has named Karen Hodum and Jon Rutila national account directors for the company’s Lenders Advantage division. Hodum and Rutila, who are both based in Clearwater, Florida, will be responsible for developing business for First American’s centralized title and settlement services.

Despite recent negative information about the job market in the United States, a report issued by Foreclosurelistings.com last week shows the housing market is beginning to exhibit some signs of improvement.

Rep. Barney Frank (D-Massachusetts) wants to ensure the growing population of jobless Americans don’t fall victim to foreclosure. At a House Financial Services Committee hearing on Thursday – a committee which Frank chairs – he pushed for another $6.

Terry Hutchens, managing partner of the North Carolina law firm of Hutchens, Senter & Britton, P.A., specializing in real estate litigation, creditors’ rights, and foreclosure sales, was recently sworn in as president of the Cumberland County Bar Association.

Revised disclosure requirements under the Truth in Lending Act (TILA) will become effective July 30. Some industry experts say the new rules and procedures are complex and could potentially delay the mortgage application and approval process as lenders struggle to comply.

Kansas Attorney General Steve Six is taking legal action to stop mortgage rescue companies that he says are preying on homeowners in his state facing foreclosure. This week, Six launched an initiative called Operation Homestead with the filing of five lawsuits.

Lender Processing Services, Inc. (LPS), a technology provider to the mortgage and real estate industries headquartered in Jacksonville, Florida, announced this week that its RediRefi suite of solutions is now available to help lenders manage capacity challenges associated with loan refinancing.

California’s Clear Capital released its monthly Home Data Index Market Report Thursday, and the company’s findings show that for the first time since 2006, home price returns for the nation were positive.