Jane Schulte, COO of Ft. Wright, Kentucky's Prism Title & Closing Services, which performs REO title and closing services statewide in Ohio, Kentucky, Indiana, Michigan, and Minnesota, has recently published a book called " BOLD Leadership: A Holistic approach to Business Success".
Read More »Detroit Suburb Adds Registration, Inspection Requirements for Vacant Homes
A Detroit suburb is taking further measures to battle urban blight by requiring owners of vacant or abandoned properties to register and pay for city inspections twice a year. [
Read More »BlackRock’s Fink Criticizes Loan Modification Program as Flawed
BlackRock chief executive Laurence Fink is adding his voice to those who find the administration's program to modify mortgages flawed because it unfairly benefits banks holding second mortgages.
Read More »Creditors Probe Thornburg’s Former Chiefs
As if it weren't enough to manage the liquidation of a company with $24 billion in jumbo mortgages, creditors of Thornburg Mortgage now have to contend with a possible misappropriation of assets by the company's top two officers that could result in criminal charges.
Read More »Pennsylvania Court Rules Federal Properties Protected From Tax Sales
When a federal agency forecloses on a property where it has provided or guaranteed a mortgage, that property cannot be sold by a local government for non-payment of taxes, a Pennsylvania appeals court said in a ruling that could affect cases nationwide.
Read More »Ex-NYPD Chief Charged with Mortgage Fraud, Could Face 142 Years in Jail
Bernard Kerik spent his life enforcing the laws, and now the law is blasting him with both barrels.
Read More »Safeguard Properties Seeks to Mitigate Urban Blight with ‘Artistic Boarding’
Real estate agents have long known how important staging and curb appeal can be to getting the right price or even to selling a house.
Read More »Distressed Investors Still on Sidelines as Commercial Real Estate Decline Continues
Investors anticipate further deterioration in the underlying fundamentals of the commercial real estate industry through the remainder of 2009 and into 2010 as investors remain on the sidelines, a new survey shows.
Read More »Five Star Recognizes Achievement, Dedication, and Good Works
The event which holds the claim of the largest gathering of default servicing professionals in history--the Five Star Default Servicing Conference and Expo--commenced with the Lifetime Achievement and Humanitarian Awards presentation on Monday. The 2009 Lifetime Achievement Award was given to two individuals who have had a hand in shaping the default servicing world, and are well-recognized for their dedication to the industry. Three Humanitarian Awards were also presented for charitable efforts that have helped ease the impact of the foreclosure crisis on local communities and families.
Read More »Stimulus Measures Will Save Homeowners $11.5 Billion
The combination of Federal Reserve efforts to pump liquidity into the financial system and government assistance to refinance mortgages will save homeowners an estimated $11.5 billion in home payments over the next five years, according to a new study.
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