ProVest LLC, a national process serving company, announced the purchase of J.J.L. Process Corp. Building 25-plus years’ success supporting the mortgage default servicing industry, ProVest has been expanding in the credit collections industry. By acquiring one of the largest companies ...
Read More »Helping the Homeowner Resolve Mortgage Delinquency
A recently revised mortgage assistance application is simplifying the loan modification process.
Read More »Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries.
Read More »While Unemployment Drops, Homebuilders Face Labor Shortage
On Friday, the U.S. Bureau of Labor Statistics reported its Employment Situation Summary for October 2017. Read on to discover what the current numbers show—and how it’s impacting housing.
Read More »Why RE/MAX Delayed its Earnings Results
On Thursday, RE/MAX Holdings announced that it is postponing its earnings results for Q3 2017. Read on to find out what's causing the delay.
Read More »Mortgage Assistance: Organizations Reached Out for Borrower Relief
A group of housing organizations sent a letter this week addressed to multiple officials regarding mortgage relief options. In the letter, the organizations ask for their leadership to prevent further devastation in communities that were hit by natural disasters.
Read More »Results are in: How Ocwen Performed in Q3
On Thursday, Ocwen Financial Corporation announced operating results for Q3 2017. The company recorded a net loss of $6.1 million, which amounts to $0.05 per share for three months prior to their September 30, 2017 end date. This figure is ...
Read More »GOP Tax Reform to Impact the Housing Market
The House Republicans released the highly anticipated tax reform plan on Thursday—proposing major tax cuts that are causing a stir of reactions in the housing industry.
Read More »President Trump Nominates Jerome Powell as Fed Chair
President Donald Trump announced today that Jerome Powell, a Federal Reserve board governor who previously worked as a private-equity executive, as Fed Chair to succeed Janet Yellen.
Read More »A Look Inside Caliber Home Loans’ Portfolio
According to a recent announcement, Fitch Ratings has affirmed Texas-based Caliber Home Loans’ U.S. RMBS servicer ratings and outlook. Overall, the report reveals that Caliber's portfolio has experienced relatively high growth over the past three years, "primarily from acquisitions and ...
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