...reported that Vantus' problems stemmed from real estate loans that went bad, including those made to Regency Homes, which held the title of Iowa's largest homebuilder before it collapsed last...
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Homeowners Forced into Role of Landlord for Houses They Can’t Sell
...the costs. Real estate brokers have begun offering property management services to clients, though income from rent often falls short of what is owed on the mortgage, and then 3...
Read More »Private Equity Group Launches Fund to Drive Residential Real Estate Sales
...Collins said. Wojtas, who has over 15 years' experience in real estate finance and distressed real estate turn-around strategy, has been developing Buyers Equity Fund since 2008. He says the...
Read More »Industry Urges Limited Anti-Money Laundering Rules for Nonbank Mortgage Lenders
...senior counsel, wrote. For its part, the ""National Association of Realtors"":http://realtor.org (NAR) argued that AML requirements should not be imposed across the entire residential real estate industry, and that Realtors...
Read More »Foreclosure.com Announces Nationwide Scholarship Program
...the runners up. "We're in the midst of one of the most challenging and volatile real estate periods to ever hit the United States," said Linda Yates, Foreclosure.com's director of...
Read More »RealtyBid to Auction $142 Million in REOs for Single Lender
...source, not only is RealtyBid helping the lender dispose of a large portfolio of distressed assets, but the company says it is providing real estate investors and homebuyers with an...
Read More »Number of Mortgage Workers Rise in Latest Employment Data
...of mortgage workers increased to 267,200 in July, consisting of 197,100 workers in "real[IMAGE]estate credit" and 70,100 in "mortgage and nonmortgage loan brokers," according to data released today. That compares...
Read More »Clear Capital Reports Another Rise in Home Prices as REO Inventories Shrink
California-based real estate data and asset valuation provider "Clear Capital":http://www.clearcapital.com released its latest Home Data Index Market Report on Thursday. Based on data compiled through August 25, 2009, the company...
Read More »Reisenfeld & Associates Names New Associate Indiana Counsel
...including legal research, contract and commercial real estate lease review, marketing and promotional materials, contests, and sweepstakes. He also worked directly with general counsel on high-profile sponsorship agreement renegotiations. Prior...
Read More »Aegis and Ocwen Execs Form New Start-Up
...partner with banks, loan servicers, and debt investors to address the housing market's rapid rise in mortgage loan delinquency. "The combination of rising unemployment and declining residential real estate values...
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