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OCC Directs Allonhill to Cease Foreclosure Review

17
May
The Office of the Comptroller of the Currency (OCC) has removed Allonhill from the Independent Foreclosure Review due to concerns about third parties. Originally posted here: OCC Directs Allonhill to Cease Foreclosure Review
Date: 17 May 2012 | 0 Comment | Tags: ,,,,,,,, | 


Wells Fargo Brings NeighborhoodLIFT to Florida

17
May
Wells Fargo & Co. is taking its NeighborhoodLIFT program to Florida in June to help stabilize neighborhoods affected by the foreclosure crisis. More: Wells Fargo Brings NeighborhoodLIFT to Florida
Date: 17 May 2012 | 0 Comment | Tags: ,,,,,,,, | 


Rogers Townsend Brings on Three New Attorneys

17
May
Rogers Townsend & Thomas, PC, announced the addition of three new attorneys to the firm’s Charlotte office. Taken from: Rogers Townsend Brings on Three New Attorneys
Date: 17 May 2012 | 0 Comment | Tags: ,,,,,,,,,, | 


Gateway Mortgage Group Establishes Omaha Branch

17
May
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 More: Gateway Mortgage Group Establishes Omaha Branch
Date: 17 May 2012 | 0 Comment | Tags: ,,,,,,, | 


Week After Week, Rates Continue to Break Record-Low Numbers

17
May
Just when it seemed like they could not fall any further, fixed-rate mortgages continued to drop, breaking record-low numbers once again for the week ending May 17, according to Freddie Mac's weekly mortgage market survey. The 30-year fixed-rate mortgage averaged 3.79 percent (0.7 point), slipping from last week's average of 3.83 percent. The 15-year fixed-rate mortgage also fell, ending the week at 3.04...
Date: 17 May 2012 | 0 Comment | Tags: ,,,,,,, | 


Initial Unemployment Claims Creeping Up

17
May
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 365,000 Excerpt from: Initial Unemployment Claims Creeping Up
Date: 17 May 2012 | 0 Comment | Tags: ,,,,,,,,, | 


Combined Foreclosure Activity Wanes, Up in Certain States: RealtyTrac

17
May
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 fell 5 percent from the previous month and was down 14 percent from a year ago in April. View original post here: Combined Foreclosure Activity Wanes,...
Date: 17 May 2012 | 0 Comment | Tags: ,,,,,,,, | 


HUD Studies Suggest Counseling Keeps Owners in Homes

16
May
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 foreclosures. View article: HUD Studies Suggest Counseling Keeps Owners in Homes
Date: 16 May 2012 | 0 Comment | Tags: ,,,,,,, | 


Auction.com Names New Managing Director

16
May
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. Read more here: Auction.com Names New Managing Director
Date: 16 May 2012 | 0 Comment | Tags: ,,,,,,,, | 


RealtyProx Releases Updated Short Sale Software

16
May
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. See the original article here: RealtyProx Releases Updated Short Sale Software
Date: 16 May 2012 | 0 Comment | Tags: ,,,,,,,,,,, |