Inclyne Inc. announced the appointment of Paul Hayman to CEO.

The California Department of Real Estate (DRE) issued a Consumer Alert warning Spanish-speaking consumers about scammers who specifically target non-English speaking Latino homeowners.

Nationwide Appraisal & Settlement Network (NASN) announced Friday that the company upgraded its vendor payroll process, resulting in a rolling 21-day pay period for appraisers.

A working paper released by the Federal Reserve Bank of Atlanta suggests that foreclosures may not negatively impact nearby property prices as much as originally thought. The paper examines and refutes the argument long used by experts that mortgage foreclosures greatly reduce the sale prices of properties in the area. The study actually found while neighboring home prices do tend to sink when a property becomes distressed, the effect is only minor.

Xceligent began the first phase its national expansion Thursday with the launch of its commercial real estate information service in the Phoenix market.

A study released Thursday by Ellie Mae found that community bankers see increasing regulations as the biggest immediate challenge to their mortgage businesses. More than half of community bank executives (51 percent) said that handling changing compliance standards is the most significant challenge for their banks. They specifically spoke of regulations created by the Dodd-Frank Act and the Consumer Financial Protection Bureau (CFPB).

On behalf of SEBA Professional Services, DebtX will sell a $1.7 billion portfolio of non-performing residential loans for HUD, DebtX announced Thursday. The portfolio, SFLS 2012-3, is made up of loans collateralized by homes across the country. It will be offered in standard national pools, as well as regional pools in support of HUD's Distressed Asset Stabilization Program (DASP).

Jill A. Showell joined Ocwen Financial Corporation as SVP for government and community relations.

Freddie Mac released its Primary Mortgage Market Survey (PMMS) Thursday, showing that the 30-year fixed-rate mortgage (FRM) inched up to 3.62 percent (0.6 point) for the week ending August 16. The 30-year fixed averaged 3.59 percent the previous week. The 15-year FRM also increased, rising to 2.88 percent (0.6 point) from 2.84 percent previously.

Saban Financial Group, L.P., announced Wednesday the purchase of a $121.5 million loan portfolio from a southeast-based regional bank. In addition, the company announced that is has received designation as a Commercial Mortgage Special Servicer by Morningstar Credit Ratings, LLC.