Headlines

Nationwide legal services provider names Michael Gonzales a Member and Owner at the firm and promotes A. Drew Powers to the role of Managing Partner of the firm’s National Evictions Team.

Wells Fargo has been ordered by the Consumer Financial Protection Bureau to pay $2 billion in restitution and $1.7 billion in fines. Click through to read the details, as well as the bank’s official statement.

New solution offers a view of physical risk, leveraging Google Cloud, combining hyperlocal property data with financial information to estimate and mitigate the impact and cost of future catastrophes.

Michael Keaton joins PHH Mortgage Corporation as its new SVP of Default Subservicing.

Janina “Gigi” Woods of Planet Management Group discusses the factors investors must consider in this rapidly changing economic environment.

Former Fannie Mae Chief of Staff is promoted by Cenlar to help drive organizational change, employee engagement, process improvements, and business continuity within the subservicer.

It’s not often that a modern-day court relies on case law from 1896, but a recent case did exactly that, examining long-standing friction between Illinois probate and foreclosure law.

Distressed sales, including foreclosures and short sales, comprised just 1% of home sales in October 2002 according to new NAR data, down from 2% in September.

Despite the decline in rental costs nationwide, affordability remains a concern among most tenants.  

Phil King of EXOS Valuations at ServiceLink discusses how technology has advanced the appraisal industry, and what lies ahead for the market in the next year.