News

HSBC Finance, the U.S.-based arm of London-based HSBC Holdings Plc, says HSBC Finance reported net losses for the first three months of 2007 as well as an upswing in delinquencies within its mortgage services unit.

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.

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.

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.

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).