At the 2009 Mortgage Bankers Association (MBA) Mortgage Servicing Conference in Tampa, Florida, on Tuesday, Titanium Solutions, Inc., a provider of homeowner contacting and consulting services, announced the launch of HomeTouch.
Read More »IMS Adds New Clients for Borrower Outreach and REO Management
Integrated Mortgage Solutions (IMS), a collateral protection resource for the mortgage servicing industry, announced today at the Mortgage Bankers Association’s National Mortgage Servicing Conference & Expo in Tampa, the addition of two new clients to its Asset Disposition and Management Services (ADAM) division.
Read More »Regulators Want More Loan Mod Data
The Office of the Comptroller of the Currency (OCC) and the Office of Thrift Supervision (OTS) are expanding the scope of the mortgage performance data gathered from national banks and thrifts to include additional information on the affordability and sustainability of loan modifications made in 2008.
Read More »Obama to Announce Housing Plan on Wednesday
White House officials said that President Barack Obama is scheduled to unveil the administration’s new housing and mortgage relief program on Wednesday during a speech in Phoenix, Arizona, one of the areas hardest hit by the nation’s foreclosure epidemic.
Read More »Lenders One, StreetLinks Partner
St. Louis, Missouri-based Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, has enlisted StreetLinks National Appraisal Services to provide its members with appraisal services and compliance expertise.
Read More »Fannie, Freddie Suspend Foreclosures Pending Administration's Housing Plan
Mortgage giants Fannie Mae and Freddie Mac announced on Friday that they are suspending all foreclosure sales and evictions of occupied properties through March 6th, in anticipation of the Obama Administration’s national foreclosure prevention and loan modification program.
Read More »Report: Foreclosures Drop Off In California
January brought an unexpected, across the board drop, in the total Notices of Default, Notices of Trustee Sale, and sales at auction in California, not only from the prior month, but year-over-year as well, according to a report released by ForeclosureRadar on Thursday.
Read More »Credit Unions Looking for Borrowers Despite National Credit Crunch
According to the American Credit Union Mortgage Association (ACUMA), while big banks stagger beneath the weight of the nation’s credit crisis, credit unions are among the few financial institutions that have mortgage money ready to lend to struggling consumers.
Read More »Overture and SigniaDocs Partner to Improve Loan Mod Timelines
Overture Technologies, a provider of lending decisioning solutions, and SigniaDocs, a technology service provider for the mortgage industry, announced the creation of a joint offering on Friday that the companies say will speed servicing of distressed mortgages, reduce repeat default rates, and improve transparency.
Read More »HUD Secretary, Housing Experts Discuss Federal Approach to Housing
Leading policymakers, including the new Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, practitioners, and housing and economic experts from around the country came together February 12-13 in New York.
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