Tag Archives: Attorneys & Title Companies

The LOGS Network, a consortium of default-related law firms providing legal and outsourcing solutions for the residential mortgage and consumer credit industries, announced Wednesday that the law firm of Baxter, Schwartz & Shapiro,LLP has joined the network.

Lender Processing Services, Inc. (LPS), a Jacksonville, Florida-based provider of technology and services to the mortgage industry, announced Tuesday the launch of its proprietary Home Price Index (HPI).

The Cincinnati-based law firm of Reisenfeld & Associates LPA, LLC has announced the firm’s acceptance of Angel status to the recently created Wingspan Portfolio Attorney Network (WPAN). As an part of this group, Reisenfeld & Associates will provide legal support to Wingspan Portfolio Advisors, LLC, a Dallas-based mortgage company specializing in servicing delinquent loans.

Based on Demotech’s Performance of Title Insurance Companies report:http://www.thetitlereport.com/ME2/Audiences/Default.asp, 2008 proved to be the title insurance industry’s worst in 20 years.

Federal Housing Finance Board (FHFB) Chairman Ronald Rosenfeld resigned from his post on December 31. The Federal Housing Finance Board was responsible for the supervision of the 12 Federal Home Loan Banks until the enactment of the Housing and Economic Recovery Act of 2008 merged it with the Office of Federal Housing Enterprise Oversight (OFHEO), and the Department of Housing and Urban Development’s (HUD) government-sponsored enterprise (GSE) mission team, to create the Federal Housing Finance Agency (FHFA) in July, 2008.

Mortgage bankers and servicers require a comprehensive, flexible, and scalable REO management system that integrates with their own in-house and third party systems to provide automated workflow management and high visibility throughout the property management life cycle.

LandAmerica Financial Group, Inc. announced earlier this week that it is now doing business in New Jersey as LandAmerica NJ Title Insurance Company. The change became effective on September 15, 2008, the company said in a press statement.

Wells Fargo & Co. and Century Bancshares, Inc., have signed a definitive agreement for Wells Fargo to acquire Century Bancshares and its banking operations in Dallas-Fort Worth, and Texarkana, Texas and Arkansas, in a stock-for-stock merger.

David Trott, managing partner of Trott and Trott, P.C., announced this week that Kenneth Kurel has been named partner at the firm. The Farmington Hills-based firm conducts residential default procedures in Michigan, representing mortgage bankers, banks, credit unions, mortgage servicers, regional property owners, investor groups, and individual entrepreneurs.

As DSNews.com reported yesterday, the House approved the Foreclosure Prevention Act of 2008, passing what many in the industry are calling the most important mortgage and housing legislation in a generation.