...involving 29 first- and second-lien residential mortgage-backed securitization (RMBS) trusts where Assured provided financial guarantee insurance. The agreement also resolves historical loan servicing issues and other potential liabilities with respect...
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ISGN Hires Title Operations Delivery Executive
...portfolio of settlement services in all 50 states, and offers a full menu of title insurance, title searches, and reports, including associated closing and escrow services, in bundled packages. A...
Read More »Fitch Sees Drop in Subprime Delinquencies as Default Swap Prices Rise
...a type of insurance protection for investors in which the risk of default is transferred from the holder of the security bond to the seller of the swap. While subprime...
Read More »Private Mortgage Insurers’ Cures Outpace Defaults
...cures have outnumbered new default notices among the group. February's statistics include data from the following companies: Genworth Mortgage Insurance Corporation, Mortgage Guaranty Insurance Corporation, PMI Mortgage [COLUMN_BREAK] Insurance Co.,...
Read More »Securitization Group Puts Down Roots in D.C.
...of bank and financial holding companies, asset securitization, insurance supervision, consumer protection, retail investor protection, derivatives, and payment and settlement systems. He was also involved in the negotiations on the...
Read More »FHA Mortgagee Review Board Settles with Massachusetts Lender
...reimburse FHA for past insurance claims, and indemnify FHA's insurance fund for any claims to be paid on certain mortgages should they default within the next 60 months. FHA's review...
Read More »Default Resource CEO Named One of “”25 CEOs You Need to Know””
...mortgage insurance companies, hedge funds and others based on projected increases in defaulted loans and foreclosures. Prior to starting Default Resource, Calderon was a nationally-ranked Realtor in metropolitan New York....
Read More »Halo Group Realty Names New President
...an array of consumer financial services, including mortgage lending, credit repair, insurance protection, and debt relief. ""We are rapidly growing our team of agents in the DFW area and are...
Read More »California Realtors and Fannie Mae Launch Effort to Expedite Short Sales
...or problems involving mortgage insurance. ""This initiative marks another important step toward helping homeowners and Realtors navigate the complex and difficult short sale process,"" said Beth L. Peerce, CAR president....
Read More »Genworth Financial Saves $6.6B in U.S. Mortgages from Foreclosure
...decisions,"" said Alan Goldberg, VP of homeowner assistance for Genworth's U.S. mortgage insurance business. [COLUMN_BREAK] Goldberg continued, ""We doubled the number of workouts from 2009 to nearly 40,000 workouts at...
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