Tag Archives: Property Preservation

Ohio-based field services provider ZVN Properties has added Hazard Claim services to its suite of offerings, according to an announcement from ZVN Properties CEO Bryan Lysikowski.

Mortgage professionals involved with the servicing of Federal Housing Administration (FHA) mortgage loans said the biggest challenge they face with those loans is "fulfillment of FHA property preservation and conveyance requirements," according to the February 2015 Mortgage Industry Outlook Report released Monday by The Collingwood Group and The Five Star Institute. Thirty-nine percent of survey respondents who service FHA loans for their respective companies said that fulfilling fulfilling property preservation requirements was their toughest challenge.

Nationwide property preservation/inspection/REO property maintenance provider MCS Valuations (MCSV), LLC, has strengthened its management team to emphasize the company's focus on quality assurance and compliance, according to an announcement.

Clearfield, Utah-based field services, property inspection, and property preservation company Sentinel Field Services has announced the hiring of Dallan Jones as the company's new IT manager.

India-based IT company DhanInfo has recently expanded to meet the mortgage industry's growing demand for reputable, reliable, and accurate property preservation and data processing outsourcing.

Aspen Grove Solutions, a world leader in innovative, modular, end-to-end property enterprise software for the financial and mortgage services industries, has announced the hiring of Chuck Sockol as VP of industry relations and account management.

J.K. Huey of Wells Fargo was presented with the 2014 Five Star Lifetime Achievement Award at the Women in Housing Leadership Summit September 16 as part of the 11th Annual Five Star Conference and Expo.

The National Fair Housing Alliance announced the fourth amendment of its discrimination complaint against Bank of America Thursday with the addition of five new cities. The amended complaint now includes 20 metro areas in which NFHA alleges Bank of America has neglected to maintain and market foreclosed and REO properties in minority neighborhoods. NFHA says it will release even more evidence early next year, but according to BofA, the group's accusations are ""simply untrue.""

Seventy-one percent of single-family homes in the United States were built before 1990, according to a new industry report. So far this year, 60 percent of residential transactions involved homes built prior to 1990. This older housing stock comes with less competition from other buyers and lower price points, and the Federal Housing Administration's 203(k) program allows owner-occupants to roll the cost of minor and major renovations into the financing for a home purchase or a mortgage refinancing.

Mortgage Contracting Services (MCS) announced that Paul Lee has been named CFO. Lee will work in the company's North Texas office, succeeding Michael Carroll, who is retiring after serving more than eight years in the position.