...moratorium on the new appraisal standards. Last Thursday, House lawmakers put the weight of a bill behind a proposed suspension of HVCC. Representatives Travis Childers (D-Mississippi) and George Miller (R-California)...
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PMI Expands Refinance-to-Mod Program
Walnut Creek, California-based ""PMI Mortgage Insurance Co."":http://www.pmi-us.com announced on Thursday that it has expanded the company's Refinance-to-Modification (RTM) program. The program can now be used with all PMI-insured loans, not...
Read More »SmartZip Introduces Investment Ratings for California, Florida Properties
Pleasanton, California's SmartZip, Inc. has announced the public beta launch of its Web site, ""SmartZip.com"":http://www.smartzip.com, and the introduction of SmartZip Score, analytics-based investment ratings for residential properties, including foreclosures. Historically,...
Read More »ForeclosureS.com Sees Market Rebounds
...by the housing crisis. _*California*_: In addition to the boost seen in Southern California, the company pointed out that existing single-family home sales soared 49.2 percent statewide in April, compared...
Read More »REDC Sued for $132 Million
...to defend ourselves vigorously."" According to REDC, NHA made similar allegations in a complaint filed with the state of California last year (Orange County Superior Court case No. 30-2008-00105269-CV-BT-CJC), which...
Read More »Investors Target Arizona Foreclosures
...a new goal for the future, of purchasing and selling 100-plus homes per month and controlling a large percentage of the Arizona residential wholesale market. Irvine, California-based ""Real Estate Disposition...
Read More »Foreclosures Still Climbing in California
Despite the fact that lenders in California are voluntarily postponing the majority of foreclosure sales - 73 percent, to be exact - ""ForeclosureRadar"":http://www.foreclosureradar.com says its market data reveals a steady...
Read More »LoanMarket.NET, First American Partner
Irvine, California-based ""LoanMarket.NET"":http://www.LoanMarket.NET has partnered with ""First American Title Insurance Company"":http://www.firstam.com to offer nationwide third-party title, signing, and settlement services to its online buyers and sellers of mortgage note investments....
Read More »California Moratorium in Effect
The California Foreclosure Prevention Act officially went into effect on Monday. The measure was signed into law by Gov. Arnold Schwarzenegger last February, and institutes a statewide 90-day foreclosure moratorium....
Read More »REOTrans Certifies Agents in REO
...managers for lending institutions are becoming more and more hard-pressed to find enough agents qualified to handle their REO portfolios. Southern California-based ""REOTrans"":https://www.reotrans.com says it has come up with a...
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