Content Category: Mortgage Servicing
RealtyTrac: Foreclosure Filings Fell 18% In 2014
by on January 22, 2015
Foreclosure filings - including default notices, scheduled auctions and bank repossessions - were reported on 1,117,426 U.S. properties in 2014, down 18% from 2013 and [read more]
Ocwen's Troubles Cause Altisource To Trim Workforce By 800
by on January 21, 2015
Altisource Portfolio Solutions, a provider of default servicing technology and other services to the mortgage banking industry, is cutting more than 800 jobs both domestically [read more]
HOPE NOW: Loan Modification Volume Fell 14% In November
by on January 20, 2015
About 34,000 homeowners received permanent loan modifications from mortgage servicers during November, down 14% compared to the approximately 39,000 completed in October, according to HOPE [read more]
Altisource Names John Vella Chief Revenue Officer
by on January 20, 2015
John Vella has been named chief revenue officer for Altisource Portfolio Solutions, a provider of mortgage, financial and technology services for the real estate industry. [read more]
CoreLogic: Almost 60% Of REO Sales In October Were Cash
by on January 20, 2015
Cash sales made up 35.5% of total home sales in October 2014, down 38.7% compared to October 2013, according to CoreLogic. Real estate owned (REO) [read more]
MJ Connections Launched To Serve Servicers' Legal Needs
by on January 20, 2015
Majenica Springer Esq. has launched MJ Connections Inc., a Dallas-based company specializing in business development, marketing and client relations services for the U.S. mortgage banking [read more]
Indecomm Hires Linda Bomar As VP Of Sales
by on January 19, 2015
Linda Bomar has joined Indecomm Global Services, specializing in business process outsourcing as well as learning and technology solutions, as vice president (VP) of sales. [read more]
CoreLogic: Foreclosure Inventory At Lowest Level Since March 2008
by on January 14, 2015
There were about 41,000 completed foreclosures nationally in November, down 12.6% compared to about 47,000 in October and down 9.6% compared to about 46,000 in [read more]
California May Suspend Ocwen's State License
by on January 14, 2015
California is reportedly seeking to suspend mortgage servicer Ocwen Financial Corp.'s license to operate in the state, saying the company failed to submit paperwork showing [read more]
Lisa Barwick Joins Potestivo & Associates As Associate Attorney
by on January 09, 2015
Potestivo & Associates PC, offering legal services to the mortgage banking industry, has hired Lisa Barwick as an associate attorney in the firm's litigation department [read more]
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