First American Title Insurance, the country's largest in this field, had a California Judge disqualify its defense counsel as it fends off four class action suits in the state.
Read More »Shore Mortgage Continues ‘WE UNDERSTAND’ Program for ‘Forgotten Homeowners’
Shore Mortgage's original WE UNDERSTAND stimulus program gave a total of $100,000 to local homeowners, and now the Michigan-based lender will be providing a minimum of $20,000 in additional funds.
Read More »Doors Close for Five More Community Banks
Another week, another round of bank closures.
Read More »Homeowners Forced into Role of Landlord for Houses They Can’t Sell
When Timothy Geithner moved to Washington earlier this year to become Treasury secretary, he put his home in Larchmont, New York on the market for $1.6 million.
Read More »Lehman’s London Unit Sees Claims of $100 Billion Against Bankrupt Parent
Administrators at Lehman Brothers's London office, the largest operation of the failed investment bank outside the United States, will be making claims of as much as $100 billion in the bankruptcy proceedings of the parent bank in New York, according to news reports.
Read More »HASProgram.com Launched to Assist with Mortgage Relief Documentation
HASProgram.com has recently announced the launch of their Web site, which will assist homeowners in maintaining their homes during the economic downturn.
Read More »Private Equity Group Launches Fund to Drive Residential Real Estate Sales
The administration and its principal economists have perpetually emphasized the importance of pulling private capital into the depressed economy, and especially into the housing sector in order to hasten a recovery.
Read More »Kroll Factual Data Inks Preferred Partnership Deal with Prime Alliance Solutions
Kroll Factual Data, a Loveland, Colorado-based provider of business information solutions to financial organizations, recently announced its partnership with Prime Alliance Solutions, Inc., a company headquartered in Tukwila, Washington that offers iMortgage solutions to credit unions.
Read More »LPS Report: Foreclosure Pipeline Remains Clogged
Lender Processing Services, Inc. (LPS), recently announced the release of its August 2009 LPS Mortgage Monitor.
Read More »Industry Urges Limited Anti-Money Laundering Rules for Nonbank Mortgage Lenders
Leading trade organizations urged the Treasury Department not to require nonbank mortgage originators and lenders to implement full-scale anti-money laundering (AML) programs, but only to file the so-called suspicious activity reports.
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