Tag Archives: Hubzu

While the need for more staff increases during a rise in foreclosure starts, during quieter times, it becomes economically unviable to maintain a large staff. Travis Britsch discusses how unpredictable variability poses a daunting challenge for trustees and attorneys.

At this year’s Five Star Conference in Dallas, hundreds of default servicing and property management professionals attended various educational Labs geared toward enhancing their knowledge base after a year of rapid change.

Servicers are rethinking their portfolios--and how to handle the next round of delinquent properties it could soon see.

See which markets topped a recent list for the highest percentage of bought and sold REO properties. Hint: One region dominated over the others.

Patrick McClain, SVP of Hubzu Auction Services, talks to DS News about how the REO space has evolved in recent years, the challenges of operating amidst low foreclosure inventory, and how struggling homeowners are benefitting from options such as short sales.

McClain will focus on accelerating Hubzu’s strategic growth through greater client diversification, leading innovation and a best-in-class customer experience.

Following a steady market recovery since 2009, home auctions are gaining traction. Servicers now face the challenge of effectively selling assets while also optimizing returns. For nearly a decade, Hubzu® has helped banks and servicers accelerate disposition timelines and reduce holding costs.

Real estate auction marketplace Hubzu has introduced new features to help traditional home buyers purchase REO properties as their next residence.

In a letter sent Monday to Ocwen Financial Corporation's General Counsel Timothy Hayes, New York State Department of Financial Service’s (NYSDFS) superintendent Benjamin Lawsky questioned the financial giant on business dealings related to a relationship between Ocwen and Altisource Portfolio Solutions.

Hubzu, an online real estate marketplace, has a new leader on board. The company named Eric M. Koenig as its new president. Koenig has experience driving growth initiatives for technology brands, having served most recently as COO and SVP of global business operations at Expedia.