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Loss Mitigation

Nearly 2.5M Foreclosures Prevented, HOPE NOW Reports

HOPE NOW announced yesterday that, due to the continuing efforts of HOPE NOW and the broader mortgage industry, 2.47 million homeowners have avoided foreclosure and been able to stay in their homes since the organization began its efforts in July 2007.

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Data Tree Releases DocEdge.com Lien Search

Santa Ana, California-based Data Tree, LLC, a provider of recorded land documents and a part of The First American Corp., announced the release of DocEdge.com™ this week. The company describes DocEdge.

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HGTV Host Whang Promotes MBA Initiative

Suzanne Whang, HGTV television host of House Hunters and home-buying author, has parterned with the Mortgage Bankers Association to promote the trade group’s Home Loan Learning Center next month during National Homeownership Month.

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CRL and MBA Disagree Over Subprime Research

The Center for Responsible Lending (CRL) has issued a report defending the organization’s latest research on the subject of predatory lending and foreclosures in the subprime market. The CRL report was designed specifically to address questions raised by the Mortgage Bankers Association (MBA).

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