The Office of the Comptroller of the Currency (OCC) has removed Allonhill from the Independent Foreclosure Review due to concerns about third parties.
News
Wells Fargo Brings NeighborhoodLIFT to Florida
Wells Fargo & Co. is taking its NeighborhoodLIFT program to Florida in June to help stabilize neighborhoods affected by the foreclosure crisis.
Rogers Townsend Brings on Three New Attorneys
Rogers Townsend & Thomas, PC, announced the addition of three new attorneys to the firm’s Charlotte office.
Gateway Mortgage Group Establishes Omaha Branch
Gateway Mortgage Group is expanding its operations with a new branch in Omaha, Nebraska.
The new location will be staffed by eight loan officers, including Kent Geschwender, a former branch manager of MetLife Home Loans. The Omaha branch will be the…
Week After Week, Rates Continue to Break Record-Low Numbers
Just when it seemed like they could not fall any further, fixed-rate mortgages continued to drop, breaking record-low numbers once again, according to Freddie Mac’s weekly mortgage market survey. The 30-year fixed-rate mortgage averaged 3.79 percent (0…
Initial Unemployment Claims Creeping Up
First time claims were unchanged at 370,000 for the week ended May 12 after the number of initial claims filed for the previous week was revised upward, the Labor Department reported Thursday. Economists had expected initial claims would decrease to 36…
Combined Foreclosure Activity Wanes, Up in Certain States: RealtyTrac
Foreclosure filings – default notices, scheduled auctions and bank repossessions – totaled 188,780 in April 2012, which is the lowest monthly total since July 2007, according to RealtyTrac’s Foreclosure Market Report. April foreclosure activity also f…
HUD Studies Suggest Counseling Keeps Owners in Homes
Buying a home is the biggest financial investment many people will ever make. It’s also an investment that, in recent years, has become lost for millions. According to data from CoreLogic, since September 2008, there have been 3.5 million completed for…
Auction.com Names New Managing Director
Auction.com announced that Andrew Platt will be the new managing director for the New York-based capital markets team.
Platt is a former senior member of the fixed income teams at UBS, Bank of America and Lehman Brothers.
RealtyProx Releases Updated Short Sale Software
RealtyProx announced the release of an updated version of its short sale processing software developed to automate short sale transactions and save time for real estate professionals.
