...of FHA insurance claims on single-family homes filed as a result of foreclosures, short sales, and deeds-in-lieu totaled 8,619 in February, up from just over 6,000 the month before. It's...
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Berkadia Commercial Mortgage Adds to Its Team
...special, master, and primary servicer of commercial real estate loans, managing a portfolio of more than $209 billion. As a correspondent for insurance companies and other institutional lenders and an...
Read More »McCalla Raymer Names Denise Rowan Partner
...management and insurance and marketing. She earned her J.D. from Emory University School of Law and was admitted to the Georgia Bar in 2000 and the Florida Bar in 2002....
Read More »United States Sues Deutsche Bank for $1B over Defaulted Mortgages
...paid out hundreds of millions of dollars in insurance claims as a result of Deutsche Bank's actions and expects to be out hundreds of millions more on future defaults. The...
Read More »PMI Expands LTVs and Credit Scores in Distressed Markets
""PMI Mortgage Insurance Co."":http://www.pmi-us.com is seeing signs of strengthening in markets the firm classifies as ""distressed,"" enough so that the private mortgage insurer is relaxing its requirements for loan-to-value (LTV)...
Read More »Bay National Title Acquires Criterion National Real Estate Solutions
...National offers national title insurance and settlement services to clients throughout the real estate services industry, including REO and default professionals, national lenders, and real estate agents. The company's primary...
Read More »Vendor Resource Management Announces New Senior Executives
...Ericsson, Texas Instruments, Nortel, PepsiCo, Safeco Insurance, and Telmar. Mitford currently serves as a member of the Southern Methodist University (SMU) HR Executive Roundtable and the SMU Associate Board, mentoring...
Read More »A Break in Bank Failures as FDIC Lowers Loss Estimates
...reserve ratio projections for the agency's Deposit Insurance Fund (DIF), which is used to cover consumers' deposits when a lender's other business activities push it to fold. The projected cost...
Read More »Massachusetts Realty Company Promotes Short Sale Benefits in D.C.
...to recognize that."" Lamacchia added, ""The bottom line is that lenders, GSEs, mortgage insurance companies, and the government need to put more focus on short sales because they are in...
Read More »Aklero Appoints Industry Veteran to Lead Sales Development
...and other operational solutions that can be tailored to suit clients' needs. Aklero's customers include mortgage lenders, institutional investors, investment banks, government agencies, community banks, credit unions, mortgage insurance companies,...
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