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BofA Hits Bump Over Loss Provisions

Charlotte, North Carolina-based Bank of America Corp.) announced this week that its net income declined 29-percent between 2006 and 2007, and its diluted earnings per share dropped 28-percent. According to the lender’s 2007 earnings report, BofA’s net income hit $14.

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ProVest Names Jim Ward President

Tampa, Florida-based ProVest, a provider of foreclosure services, has named Jim Ward president. Ward, who previously held the position of vice president of operations, will be responsible for business development, as well as information technology and operations.

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U.S. Treasury Secretary: Economy Still Healthy

U.S. Treasury Secretary Henry Paulson told reporters Wednesday that he remains confident the underlying U.S. economy is healthy and that all its troubles are largely contained, according to a report from Bloomberg News.

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Movers and Shakers: Mortgage Contracting Services

Tampa, Florida-based Mortgage Contracting Services, a property preservation and inspection services provider, has added Gae E. Craig and Borda Jones to its management team. Craig and Jones will serve in the roles of vice president of human resources and marketing manager, respectively.

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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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Appraisal Foundation Seeks Candidates for National Boards

Movers & Shakers, people

Washington, D.C.-based The Appraisal Foundation, a nonprofit dedicated to the professional development of the appraisal profession, is accepting applications for vacancies on its Board of Trustees, the Appraiser Qualifications Board, and the Appraisal Standards Board.

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