HomeSteps, the real estate sales division of Freddie Mac, announced Tuesday it is offering cash incentives to real estate agents who list or sell HomeSteps homes in 23 states. The incentive is available between February 18, and April 15, 2014.

Valuation Vision announced Monday the addition of Brandon Goldstein as Managing Director of Capital Markets. Valuation Vision is a nationwide provider of alternative valuation products and technology solutions based out of Carlsbad, California.

Oversite Data Services, a national provider of docket-based legal compliance and management solutions, released a white paper Tuesday that demonstrates how court data-based management of foreclosure cases can reduce foreclosure timelines and improve portfolio management. The analysis is based on a dataset of over 50,000 foreclosure loan files.

National Tax Search announced on Friday the launch of a new suite of services for flood determination. The services are provided nationally through NTS’s service solution, FloodQ. The Chicago, Illinois-based company provides property tax management and flood zone determination services to give accurate and timely real estate data.

Bank of America laid-off more workers, releasing 280 workers in the mortgage operations area in St. Charles, Missouri. The Charlotte, North Carolina-based business is closing a department that oversaw mortgage operations, leaving 90 workers in the St. Charles Office. The lay-offs continued from earlier in the week, when Bank of America reportedly planned to let go of 450 workers in their West Coast offices.

Williams & Williams, a real estate auction and collateral risk management company, announced executive changes within the Default Sales Division. The move is “intended to give greater autonomy and more control to sales executives to provide superior customer-focused solutions and services to the company’s institutional clients,” the release said.

Wells Fargo is looking to reenter the subprime mortgage market by lowering its standards of acceptable credit scores for borrowers. Wells Fargo is the largest U.S. mortgage lender, and a move back into the subprime market may signal a sizable shift in the mortgage lending environment.

The California Association of Realtors (CAR) released its Traditional Housing Affordability Index (HAI) on Wednesday, revealing levels of affordability in the Golden State. The CAR reported 32 percent of home buyers could afford to purchase a median-priced, existing single-family home in California.

A report released Wednesday by the Federal Housing Finance Agency (FHFA) was critical of Fannie Mae and Freddie Mac’s collection of late fees. The report criticized the two for poor management of late fee collection, noting large sums of money either not being consistently collected or collected at all.

Caliber Home Loans, a residential mortgage origination and servicing company, announced Wednesday Jim Foley had joined the company as Regional Vice President for the Washington D.C., Maryland, and Virginia territories.