Florida'S Lender Processing Services, Inc. announced Thursday that its new Real Estate Group division is rebranding the company'S vertical ad network ̢ the new business exchange will now be known as Real Estate and Living Media Network.

Tampa, Florida's Mortgage Contracting Services (MCS), a property preservation and inspection services provider to the mortgage industry, announced Thursday that the company has again grown its portfolio to support increasing demand for inspection and preservation work in the default servicing sector.

Fannie Mae has been providing reimbursements since last year to mortgage servicers who pay counseling fees on behalf of borrowers seeking delinquency and foreclosure resolution through the HOPE NOW Alliance.

National home prices gained more than 5 percent in July, according to one statistics tracker, though optimism was tempered by signs of volatility and a seasonal market.

First American National Default Title Services announced this week that it has partnered with Fannie Mae to provide national title products designed to decrease the costs of foreclosure.

ProVest LLC, a national process server management company catering to the default servicing industry and one of the country's largest legal support firms, has hired Mike Gross, former founder and owner of Players National Locator, as its director of business development.

No Paws Left Behind, Inc., a non-profit organization dedicated to stemming the growing epidemic of foreclosure pets, announced this week that it has received a $4,000 contribution from PMH Financial, a Denver-based provider of real estate, asset management, subservicing, and default services.

Recent reports on the U.S. economy and growth indicators have been rosier than expected, leading mortgage interest rates to inch still lower this week.

A major residential mortgage trade group last week reported an overall increase in the number of delinquencies, even as more indebted borrowers appeared to be catching up to their payments.

Jacksonville, Florida's National Quick Sale, a division of software developer National Infusion Technologies, has unveiled a new program that provides a safety net for borrowers and lenders seeking to avoid foreclosure when loan modifications fail to keep defaulting borrowers in their homes.