...underwater on the mortgage. [COLUMN_BREAK] MBA explained that it purchased the site earlier this decade, at the height of the real estate boom, but by the time the office space...
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Pacific Union International Appoints Industry Leader as President
...single year. Prior to joining Sotheby's, he received the highest honor in residential real estate sales-ranking No.1 in the top 1 percent internationally with the nation's largest residential real estate...
Read More »Task Force Fights Back Against Mortgage Fraud
...American homeowners. Task force members met with Phoenix area community leaders, legal services providers; banking, mortgage, and real estate industry representatives; and law enforcement officials to discuss mortgage fraud from...
Read More »Four Banks Shuttered as Failed Tally Hits 41
...will reimburse Bank of the Ozarks for 80 percent of the losses it incurs on the disposition of loans and foreclosed real estate up to a stated threshold of $65...
Read More »DST and Select Portfolio Collaborate on REO Servicing Platform
...process, and function."" DST, headquartered in Glencoe, Illinois, provides a variety of Web-based solutions to the institutional mortgage market, including REO servicing, real estate valuation, reconciliation, and short sales solutions....
Read More »Forest City Enterprises Names New EVP, COO
""Forest City Enterprises, Inc."":http://www.forestcity.net/Pages/default.aspx, an $11.9 billion NYSE-listed national real estate company based in Cleveland, announced Thursday that it has promoted David J. LaRue to the newly-created position of EVP...
Read More »Real Estate Foreclosure Center Opens in Utah
Utah's first full-service real estate foreclosure center was opened this month in Taylorsville by ""RCI Realty"":http://www.rciut.com/default.asp, a real estate firm based in Cottonwood Heights. [IMAGE] The new center has a...
Read More »Bay State Foreclosures Jump 13% in February
...according to the ""Warren Group"":http://www.thewarrengroup.com, a Boston-based real estate research firm. [IMAGE] [COLUMN_BREAK] Lenders filed 2,122 petitions to foreclose â€" which mark the first step in the foreclosure process in...
Read More »Asset Management Firm in Denver Acquires Business from Credit Suisse
Big 5 Asset Management, an alternative asset management firm based in Denver, announced Thursday that it has acquired a real estate securities fund launched by ""Credit Suisse."":https://www.credit-suisse.com/us/en/ [IMAGE] Renamed the...
Read More »Wolters Kluwer Launches RESPA Audit Service
In an effort to help financial institutions overcome the challenges faced in complying with the recent changes to [IMAGE] the Real Estate Settlement Procedures Act (RESPA), Minneapolis-based ""Wolters Kluwer Financial...
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