Following the virtual collapse of condominium prices in Florida and other markets, condo boards are adopting increasingly aggressive tactics to make up the lost fees from defaulting owners.
Read More »Foreclosure.com Announces Nationwide Scholarship Program
Foreclosure.com, headquartered in Boca Raton, Florida, is asking college students to wrap their heads around the nation's housing woes.
Read More »RealtyBid to Auction $142 Million in REOs for Single Lender
During the month of September, Rainbow City, Alabama's RealtyBid.com will auction nearly 1,500 REO properties valued at more than $142 million from one major lender, the Internet auctioneer announced this week.
Read More »National Creditors Connection Expands Specialty Services
National Creditors Connection, Inc. (NCCI), a loss mitigation, field contact, and onsite inspection firm in Lake Forest, California, has recently expanded its specialty services intended to help mortgage servicers keep people in their homes..
Read More »Stimulus Measures, Bank Capital Top Agenda at G20 Finance Minister Meeting
When and how to unwind emergency stimulus measures and what steps to take to safeguard banks against a future collapse top the agenda of the Group of 20 finance ministers meeting this week to prepare for the Pittsburgh Summit later this month.
Read More »Number of Mortgage Workers Rise in Latest Employment Data
The number of mortgage workers rose in July for the first time in 10 months, while remaining well below year-ago levels, according to the Bureau of Labor statistics.
Read More »LOGS Network Announces Expansion into Kentucky
The LOGS Network, providing default management solutions to the residential mortgage and consumer credit industries, has just announced its expansion into the state of Kentucky.
Read More »Fed Eyes Possible Tapering Off of Housing Debt Purchases
The Federal Reserve may taper off its purchases of agency debt and mortgage-backed securities (MBS) as these programs near completion to ensure a smooth transition in the markets, according to the minutes of the August meeting of the Federal Open Market Committee just released.
Read More »Clear Capital Reports Another Rise in Home Prices as REO Inventories Shrink
California-based real estate data and asset valuation provider Clear Capital released its latest Home Data Index Market Report on Thursday.
Read More »Reisenfeld & Associates Names New Associate Indiana Counsel
The creditor's rights law firm of Reisenfeld & Associates LPA, announced the hiring of a new associate attorney, Bradley C Crosley.
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