Irvine, California-based ""RealtyTrac"":http://www.realtytrac.com, an online portal designed for the marketing of foreclosure properties, is revving up its business platform for the benefit of agents and brokers with the launch of...
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Delinquencies and Foreclosures Jump in California
Lending institutions mailed default notices to 81,550 California homeowners between the months of October and December of last year, according to data released by ""DataQuick Information Systems"":http://www.dataquick.com on Wednesday. DataQuick...
Read More »California Lawmaker Shuns Voluntary Loss Mit Measures
""California Assembly Member Ted Lieu"":http://www.assembly.ca.gov/acs/makebio.aspxdistrict=53, who chairs the State's Banking and Finance Committee, says new foreclosure statistics in his state prove current legislation is not effectively encouraging home retention initiatives...
Read More »LandAmerica Settles with California Insurance Commissioner
""LandAmerica Financial Corp. Group Inc."":http://www.landam.com told DSNews.com on Friday that the company has agreed to settle with the ""California Department of Insurance"":http://www.insurance.ca.gov by paying $3.5 million in penalties and refunds...
Read More »California Bill Takes Another Step in Helping Borrowers
The California Assembly Committee on Banking and Finance has approved a bill that, if passed, would require lenders in the state to provide reports on how their internal loss mitigation...
Read More »Countrywide Faces More Delinquencies
Calabasas, California-based ""Countrywide Financial Corp."":http://my.countrywide.com experienced a jump in delinquencies last month when compared to the same period a year earlier. According to the lender's December 2007 Operational Results, delinquencies...
Read More »Proposed California Law Monitors Loss Mit Efforts
A California lawmaker has proposed legislation, that if passed, would require lenders in the state to publicly report their internal loss mitigation efforts. California Assembly Member Ted Lieu (D-Torrance) is...
Read More »Advent REO Officially Opens
San Diego, California-based ""Advent REO"":http://www.adventreo.com/, a firm that provides asset management services, has officially opened its doors after a soft roll-out in mid-2007. Advent REO's President Jason Purkiss says his...
Read More »REDC Announces Major Foreclosure Auction
""Real Estate Disposition Corp."":http://www.ushomeauction.com (REDC), a real estate auction marketing firm, is about to hold what they believe to be the largest auction of foreclosed homes in Southern California history....
Read More »Countrywide Partners with ACORN on Foreclosure Issue
Calabasas, California-based lender ""Countrywide Financial Corp."":http://www.Countrywide.com has partnered with the ""Association of Community Organizations for Reform Now"":http://acorn.org (ACORN) in an effort to create home retention programs for struggling borrowers. ACORN—a...
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