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Author Archives: Carrie Bay

Carrie Bay is a freelance writer for DS News and its sister publication MReport. She served as online editor for DSNews.com from 2008 through 2011. Prior to joining DS News and the Five Star organization, she managed public relations, marketing, and media relations initiatives for several B2B companies in the financial services, technology, and telecommunications industries. She also wrote for retail and nonprofit organizations upon graduating from Texas A&M University with degrees in journalism and English.

Six Banks at Risk to Follow the Path of IndyMac

There are six U.S. institutions at risk for failure, according to Richard X. Bove, banking analyst at Ladenburg Thalmann & Co. Inc. However, he says that collectively, banks and thrifts in the United States are nowhere near the precarious climate that existed in the late 1980s and early 1990s.

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Cuyahoga County Proposes Land Bank Program To Tackle Rising Number of Abandoned

Treasurer Jim Rokakis of Cuyahoga County, Ohio has developed a long-term redevelopment strategy to address the county’s growing number of abandoned properties. If approved by the state legislature, this initiative will enable the institution of Community Improvement Corporations with decentralized county governance, and it will allow counties to design individual plans that are tailored to meet the needs of their communities.

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RedVision Completes Acquisition of Colorado Record Data and CRS Title Services

RedVision, a national real estate property research organization, yesterday announced the completion of its acquisition of Colorado Record Data and its sister company CRS Title Services. We believe our combined technologies and national service infrastructure will offer all our customers even greater advantages in efficiencies and products, as well as, wider coverage for our national clients, said Brian Twibell, RedVision’s CEO.

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Lydian Forms New FHA/VA Loan Processing Subsidiary

Lydian Data Services, a provider of end-to-end outsourcing services for mortgage lending operations, announced today the establishment of Lydian Data Government Services, a new subsidiary to provide expert mortgage processing, closing, postclosing, and quality control services for Federal Housing Administration (FHA) and Veterens Administration (VA) loans.

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ServiceLink Advances Online Closing for Borrowers

ServiceLink, a provider of origination and default services and the national mortgage services platform for the Fidelity National Financial family of companies, today announced customer-interface improvements to its iClose web-based closing product.

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ProVest Names Jim McDermott VP of Operations

ProVest, a process server provider for the default servicing industry, announced today the appointment of Jim McDermott as VP of operations. In this position, he will be responsible for managing active clients, employees, and new service processing cases while working with attorneys, mortgage servicers and government personnel to improve efficiencies in the service process.

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