Wells Fargo Home Mortgage and the Hispanic National Mortgage Association (HNMA) announced that they have formed a joint venture to assist Hispanic and non-traditional customers who are seeking home mortgage loans.

Infinity Lien Solutions, LLC, a national provider of products and services aimed at the subordinate and second lien market, announced the opening of an additional office in Plano, Texas. This location will offer a wide range of solutions to mortgage servicers, some of which include requests for special notice filings, senior lien identification, senior lien default updates, foreclosure services, and other services targed to effectively manage a subordinate/second lien portfolio.

So many times before, we have found ourselves assessing our children’s bedrooms, our best friends dorm room in college, or even our good friend who chooses not to keep their living quarters quite as tidy as most tend to do, and we think to ourselves, sheesh, what a dump! Keith Maxim of Maxim Enterprises in Michigan encountered a property that was litter-ally a dump.

Operation HOPE (HOPE) hosted its first annual CRA Officer Luncheon in December. At the event, Community Reinvestment (CRA) and Compliance Officers were recognized for their leadership, innovation, and dedication to the promotion of community reinvestment.

LandAmerica Financial Group, Inc., has named Todd F. Miller senior vice president and general auditor. In his new position, Miller will oversee the company’s auditing responsibilities, advise management about minimizing risks, and examine business systems, processes, and controls within the company.

Hard-to-Sell, versus Sale 1. Know your market. Drive through the neighborhood to make an assessment of whether the property’s surroundings will add to or take away from its value. In addition to checking out the neighborhood, Nystrom says he also takes the time to get a feel for the property.

The Philadelphia Housing Authority (PHA) announced that it will layoff almost a quarter of its workforce. The agency says funding cuts have left no choice but to lay off 22 percent of its employees. The cuts are deep and they hurt, said Carl Greene, executive director of PHA.

Colorado Attorney General John W. Suthers announced his proposal of key legislation aimed at decreasing or eliminating appraisal fraud and deceptive practices of mortgage brokers. Last year, thanks to the efforts of the Attorney General’s Mortgage Fraud Task Force, new consumer protections were adopted for families facing foreclosure and stiffer penalties were enacted to address mortgage fraud, said Suthers.

The Default Attorney Group (DAG) announced yesterday that its member, Pite Duncan LLP, won the Staffordshire Investments matter in the Oregon Court of Appeals. The published case will limit the liability of servicers facing cases of wrongful foreclosure.

The City of Thornton, Colorado plans to host a workshop on January 23 from 9:30 to 11:30 a.m. for homeowners at risk of foreclosure. Adams County has a foreclosure rate of one foreclosure filing for every 132 households, which is 7.