General Motors Corp. released Thursday its preliminary first quarter financial results. The company’s profits are stunted by GMAC’s posted loss of $305 million in the first quarter of this year, thus causing a $115 million loss for GM, a 49 percent owner of GMAC.
Read More »Equity Depot Completes First Phase of Expansion
Atlanta-based Equity Depot, a real estate foreclosure data firm, today announced that it has completed the first phase of its expansion plan. Foreclosure coverage now reaches 45 additional counties, covering all regions in Georgia.
Read More »FNF Expands Cultural Competency Program
Fidelity National Financial (FNF) announced this week its plans to expand its Cultural Competency Training Program throughout California to meet the demands of the growing populations of Hispanics, African Americans, and Asian Americans in the state.
Read More »Title Alliance Names New President and CEO
The Board of Directors for Title Alliance, Ltd., this month named Patti J. DeGennaro as president and chief executive officer of TA Holdings, Inc., and all its subsidiary companies. DeGennaro has been a part of Title Alliance and its affiliates since 1985.
Read More »RealtyTrac Releases 2006 Year-End Foreclosure Data
RealtyTrac today released its U.S. Foreclosure Market Report containing year-end data for 2006. Nationwide, 1.2 million properties entered some stage of foreclosure during 2006, a 42-percent jump from 2005.
Read More »CoreLogic Releases Quarterly Risk Forecast
California-based CoreLogic, a provider of residential mortgage risk management, today released its quarterly forecast and the impacts these risks could have on local market economies. The company released the report through its quarterly publication, Core Mortgage Risk Monitor.
Read More »LSSI and Portellus Form Alliance, Create Systems Interface
Lender Support Systems Inc. (LSSI), provider of loan servicing technology solutions, and Portellus Inc., provider of software solutions, announced today that they have formed a strategic alliance to provide a successful systems interface.
Read More »DataQuick Reports Record Level NODs in Cali
According to DataQuick, a real estate information service, California reported record level notice of defaults (NODs) in the fourth quarter, the highest in eight years. During the October-to-December time frame, lending institutions sent 37,273 NODs, up 36.
Read More »National City Reports 2006 Earnings
National City Corporation yesterday released its results for 2006. The company reported fourth-quarter gains of more than two times those from the same time period the previous year. National City’s total net income for 2006 was $2.
Read More »California Firm Changes Name, Extends Service
California-based Ezer Williamson & Brown LLP has not only changed its name to Ezer & Williamson, LLP, but it has also targeted additional sectors of service as part of a reorientation of the firm.
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