The FDIC has certified Next Wave Advisors Inc. to assist the agency with a variety of real estate services, including lender workouts, asset valuation, and disposition of property acquired through bank takeovers and liquidations.

The Cincinnati-based law firm of Reisenfeld & Associates LPA, LLC has announced the firm’s acceptance of Angel status to the recently created Wingspan Portfolio Attorney Network (WPAN). As an part of this group, Reisenfeld & Associates will provide legal support to Wingspan Portfolio Advisors, LLC, a Dallas-based mortgage company specializing in servicing delinquent loans.

The Cincinnati-based law firm of Reisenfeld & Associates LPA, LLC has announced the firm’s acceptance of Angel status to the recently created Wingspan Portfolio Attorney Network (WPAN). As an part of this group, Reisenfeld & Associates will provide legal support to Wingspan Portfolio Advisors, LLC, a Dallas-based mortgage company specializing in servicing delinquent loans.

Equifax Inc., the consumer credit reporting agency based in Atlanta, Georgia, announced on Thursday the availability of a proprietary solution which the company says now provides even more comprehensive employer- and government-verified information for mortgage lending institutions.

Overland Park, Kansas-based South & Associates, P.C., a law firm specializing in foreclosure, bankruptcy, loss mitigation, eviction, and related mortgage matters throughout Missouri, Kansas, and Nebraska, recently announced that the firm has been accepted as an Eagle member of the Wingspan Professional Attorney Network.

Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS) on Thursday, which shows that interest rates increased across the board this week. According to Freddie Mac’s VP and chief economist Frank Nothaft, mortgage rates followed long-term bond yields higher, with only the one-year adjustable-rate mortgage coming in lower than it was last week.

Sales of single-family homes and condos in Massachusetts fell by double-digit percentages in April, according to a report released this week by Boston-based real estate research firm The Warren Group. Median property values in the state also continued to decline in April, but not as sharply as in recent months.

Bid4Assets, Inc., an online real estate auction company based in Silver Spring, Maryland, says that more and more homebuyers are turning to Web-based auctions to find their American dream. The company announced on Thursday that it has successfully auctioned 60,000 real estate properties since its inception in 1999.

As more people struggle to pay their mortgages, large and small banks alike have taken the hit. The FDIC reported on Wednesday that 305 banks have made the agency’s high-risk list, and more are expected as the recession and housing crisis continue.

On May 8, the Federal Reserve Board finalized its early disclosure rules within Regulation Z (Truth-in-Lending Act – TILA) that are set to take effect July 30 and are meant to ensure consumers receive disclosures explaining the cost of a mortgage earlier in the lending process.