Home / (page 2473)

U.S. Bank Home Mortgage Crosses $100 Billion in Volume

U.S. Bank Home Mortgage reached a company milestone on January 4 when the company’s mortgage servicing surpassed $100 billion in volume. U.S. Bank is ranked sixteenth among mortgage companies in terms of servicing portfolio and is in the top 20 for mortgage originations.

Read More »

Foreclosures Continue to Rise Across the Nation

Foreclosure filings for 2006 nearly topped 1 million, a 51-percent increase from 2005, according to numbers from ForeclosureS.com. In the Northeast, foreclosures peaked at 64.6 percent. The region closed the books for 2006 with 96,101 foreclosure filings, up from only 58,394 in 2005.

Read More »

CoreLogic Enhances Cascading AVM Solution

CoreLogic announced Monday that significant enhancements have been made to its cascading automated valuations model (AVM) solution, AVMSelect™. The enhancements strengthen AVMSelect’s leadership reputation as a provider of highly reliable automated valuations.

Read More »

Universal Default Services Bought By ProVest

ProVest, LLC, a process server management company, has recently purchased Universal Default Services, LLC. Over the past two years, our senior management team has been wrestling with how to best scale our business without compromising what makes Universal extraordinary, said Victor G.

Read More »

Keystone Asset Management Undergoes Expansion

Keystone Asset Management Inc. (Keystone), announced today that they are expanding company-wide. In order to better service the default industry, Keystone will now assist banks, financial institutions, and other lenders with the increased numbers of non-performing assets.

Read More »

Fannie Mae Director Appointed to PHFA Board

Dr. Howard B. Slaughter, director of Fannie Mae’s Pittsburgh Community Center, has been appointed to the Board of the Pennsylvania Housing Finance Agency (PHFA). In his Fannie Mae role, Slaughter is responsible for overseeing affordable housing investments for six counties.

Read More »

HUD Hires New Director

The Department of Housing and Urban Development (HUD) announced that Deborah Holston will serve as the new director of policy and management. In her new position, Holston will be responsible for all of the department’s programs in the Washington, D.

Read More »

Freddie Mac Reports Estimated Losses

Freddie Mac estimates to have lost $550 million in the third quarter of 2006 as a result of losses on derivatives and credit guarantee assets and obligations. Losses are also expected to be reported for the fourth quarter.

Read More »

Your Daily Dose of DS News

Get the news you need, when you need it. Subscribe to the Daily Dose of DS News to receive each day’s most important default servicing news and market information, absolutely free of charge.