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Author Archives: Sara Ortega

Las Vegas-Area Home Sales Reach Six-Year High for May

Las Vegas-area home sales rose to a six-year high for the month of May as the number of transactions above $200,000 increased sharply from last year, making up for fairly flat sales for lower-cost properties according to San Diego-based DataQuick.

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CoreLogic Launches Assignment Validation Report

CoreLogic, provider of information, analytics and business services, announced Tuesday the launch of the Assignment Validation Report to assist with the growing need for mortgage servicers to quickly and efficiently identify the current mortgage beneficiary and document the chain of assignment prior to initiating a foreclosure.

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Operator of Mortgage Motification Scam Gets 90 Months in Prison

Howard R. Shmuckler, 68, of Virginia Beach, Va., was sentenced yesterday to 90 months in prison, followed by three years of supervised release, for running a fraudulent mortgage-rescue business that received substantial fees but only modified clients' mortgages in a few cases, according to release from the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP).

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