Mortgage Contracting Services (MCS), a property preservation and inspection services based in Tampa, Florida, announced Monday that effective Thursday, October 1, Caroline Reaves will make the transition to CEO of the company.

Remember when a million dollars was a lot of money? Welcome back to the future.

The National Association of Women REO Brokerages (NAWRB) unveiled their commencement last week at the Five Star Default Servicing Conference and Expo in Fort Worth, Texas, with one specific mission: shed light on the recent growth and potential of a formerly underrepresented industry.

JP Morgan Chase & Co has announced that experienced banker and business leader Peter Barker will become its caolifornia chairman, effective September 28.

At the conclusion of its regular, two-day monetary policy meeting this week, the Federal Open Market Committee (FOMC) acknowledged that economic activity has picked up following its severe downturn.

One year after federal regulators launched their bold plan to rescue troubled financial markets, controversy continues to swirl around the Troubled Asset Relief Program and how it has used funds from its $700 billion coffer.

National minority-owned asset management firm BA Urban Solutions, headquartered in Sugar Land, Texas, recently announced the addition of all Casa Latino real estate agents to its nationwide network of minority real estate agents.

Wells Fargo & Co announced this week that chairman Dick Kovacevich will step down as chairman at the end of this year, after 23 years with the company, clearing the way for President and CEO John Stumpf to assume the added responsibility of chairman, effective January 1, 2010.

For years, volume REO agents held the keys to most volume brokerages and teams.

Wolters Kluwer Financial Services announced Thursday that the Community Bankers Association of Illinois (CBAI) is the latest banking organization to endorse the company's mortgage documentation solutions.