Home / Author Archives: Heather Cernoch (page 50)

Author Archives: Heather Cernoch

Wingspan Portfolio Advisors Hires Former GMAC Exec for VP Position

Wingspan Portfolio Advisors recently hired Brad Young as VP of business development. In this newly created role with the company, Young is responsible for building new specialty servicing relationships with primary servicers, banks, investment banks, public equity firms, hedge funds, and other mortgage industry investors nationwide. Young spent 10 years with GMAC Residential Funding Corporation, where he was director of business development in the principal investment group.

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SigniaDocs Announces Automated Process for Warehouse Lending

SigniaDocs, a national eMortgage solutions provider, has developed an automated system for warehouse lending. The company says with its technology, the entire warehouse lending process, from origination to investor purchase and replenish of the warehouse line, is complete within a couple of days, compared to the typical 14 days in the paper world.

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Residential Credit Solutions Deploys IndiSoft’s RxOffice Loss Mitigation

IndiSoft announced Wednesday that Residential Credit Solutions (RCS) has deployed the company's RxOffice Loss Mitigation module. RCS is an integrated investment and servicing company focused on credit-sensitive residential mortgage loans. According to IndiSoft, the module streamlines RCS's processes while improving operating efficiencies for supporting loans in default.

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NAHREP Honors Advisory Team Members with Founders’ Awards

The National Association of Hispanic Real Estate Professionals (NAHREP), a non-profit trade association dedicated to increasing the homeownership rate among Latinos, recently honored Glenda Gabriel and Craig Nickerson with the 2010 NAHREP Founders' Award. The awards were presented at the NAHREP/AREAA Real Estate & Marketing Conference last week. Gabriel, SVP at Bank of America, and Nickerson, president of the National Community Stabilization Trust (NCST), are members of the association's national board and leadership advisory teams.

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RE/MAX Predicts Increased Home Sales in Coming Months

According to RE/MAX's monthly report, the housing market is attempting to return to traditional seasonal trends after a slow summer following the spring rush to qualify for the government's homebuyer tax credit. September sales were 6.4 percent below those in August and 20.6 percent below sales in September 2009, but RE/MAX officials say they are encouraged by reports of signed contracts in the field, which should translate into increased home sales in the months ahead.

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Castle Law Firm Adds Attorney, Congratulates Honored Associate

Denver-based Castle Meinhold & Stawiarski, LLC, a provider of legal representation in the areas of commercial, foreclosure, bankruptcy, and mortgage-related litigation, recently welcomed Alison L. Berry as an associate attorney focusing on foreclosure law and litigation. The firm also announced that Keya Koul, an attorney at the firm's New Mexico office, was recently elected as an inaugural ambassador for 2010 American Bar Association (ABA) Touch 10,000, a member-to-member outreach program designed to connect ABA young lawyers with new bar admittees.

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New Default Technology Eliminates Manual Tracking and Auditing

ServiceLink has unveiled a comprehensive, end-to-end default solution that allows servicers to bridge their current technology to the company's optimized loss mitigation and default technology and outsourcing services. ServiceLink says the goal is to help servicers and investors make the optimal workout decision while maximizing asset value and remaining in compliance with changing regulatory rules.

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Asset Management Firms Team Up in Minority Business Joint Venture

UrbanAmerica Advisors and Green River Capital have created a joint venture minority business enterprise (MBE) called UrbanAmerica Res Services. Headquartered in Dallas with offices in Salt Lake City, Atlanta, and New York City, UrbanAmerica Res Services is a network of 7,000 deal sourcing, loss mitigation, asset management, and valuation professionals. The new company combines UrbanAmerica Advisors' national infrastructure and local community development relationships with Green River Capital's REO management and short sale services.

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MLSListings Makes Realtors Property Resource Available to Members

According to MLSListings, Inc., headquartered in Sunnyvale, California, it is one of the first multiple listing service (MLS) organizations in the country to make Realtors Property Resource (RPR) available exclusively for its members. RPR is the National Association of Realtors' online real estate database, providing Realtors with data on every parcel of property in the United States, according to the trade group.

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South & Associates Hires Two New Foreclosure Attorneys

South & Associates, P.C., a law firm specializing in the protection of creditors' rights in Missouri, Kansas, and Nebraska, has hired two new associate attorneys. Ashley Mulcahy, who works out of the firm's Wichita, Kansas office, is an attorney in the foreclosure and litigation departments. Jeremiah Jones works from the firm's corporate office in Overland Park, Kansas as an attorney in the foreclosure department.

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