Veros Real Estate Solutions is preparing to host the 8th Annual Predictive Methods Conference (PMC), which will take place at the Hotel del Coronado in San Diego on June 9-11. The conference allows mortgage banking professionals to gather and discuss how technology can answer various analytical needs, while also covering the new solutions that have been developed to detect early risk and to respond to other industry needs.

Weltman, Weinberg & Reis Co. announced this week that associate Gail Hersh Jr., who serves as part of the firm’s Real Estate Default Group, has been appointed vice chairman of the Real Property Law Committee of the Cincinnati Bar Association (CBA).

Massachusetts Attorney General Martha Coakley announced this week that embattled subprime lender Fremont Investment & Loan, a subsidiary of Fremont General Corp., will not be allowed to offload the servicing rights of troubled mortgage loans onto an interested buyer—unless that buyer is willing, in writing, to accept full responsibility for those loans.

Calabasas, California-based All Valley Trustee, a non-judicial foreclosure trustee that serves the mortgage loan servicing industry, has hired Michael S. Goldstein to serve in the role of executive vice president of marketing.

Attorneys representing creditors can now help their servicing and lending clients with loss mitigation efforts, thanks to a recent Federal Trade Commission advisory opinion. The opinion specifically addresses issues raised by USFN, a national not-for-profit network of mortgage banking attorneys and trustee companies.

U.S. Treasury Secretary Henry Paulson Jr. officially announced his office’s plan to streamline the nation’s financial regulatory structure by creating new oversight in areas such as mortgage lending and by combining the efforts of existing agencies like the Office of Thrift Supervision (OTS) and the Office of the Comptroller of Currency (OCC), as well as the efforts and philosophies of the Securities and Exchange Commission (SEC) and the U.

Washington, D.C.-based Lender Technologies Corp. (LTC)-a subsidiary of the Mortgage Bankers Association (MBA)-is now focusing on the need for the potential creation of a national database that will help the mortgage community detect fraud within individual loan portfolios.

U.S. Housing and Urban Development Secretary (HUD) Alphonso Jackson said today that he will be resigning from the agency, effective April 18, 2008, according to a press statement issued by HUD. Jackson’s announcement comes after much speculation about his pending resignation and after two U.

Illinois Governor Rod Blagojevich said Friday that a statewide program designed to help struggling homeowners is growing in scope and funding—especially with four additional lenders now signed on to contribute additional funding.

Recognizing that electronic mortgage transactions continue to grow in the mortgage banking industry and are advantageous when it comes to streamlining the transaction process, MISMO, the data standard subsidiary of the Mortgage Bankers Association (MBA) and the Property Records Industry Association (PRIA) have published the Intellectual Property Rights Disclosure Draft of a Business Requirements Document.