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  • Chronos Solutions acquires UPF Services

    Chronos Solutions announced its latest business move, finalizing its acquisition of UPF Services. Matt Slonaker, executive vice president of sales and marketing for Chronos Solutions, first alluded to the acquisition in an interview with HousingWire back in July. Now only a few weeks later, Slonaker and Andrew Gladston, senior vice president of corporate development at Chronos Solutions, revisited with HousingWire to give the full details of the acquisition. Click the headline to read what this means for their mortgage business.

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Foreclosure activity falls 39% in Charlotte

foreclosure rate

According to the Charlotte Observer, Charlotte, N.C., area foreclosure filings dropped 39% in October from a year ago.

Filings were reported on 938 Charlotte-area properties in different stages of the foreclosure process. The biggest driver of the drop was a nearly 85 percent decline in auction notices, which fell to 152.

From September to October, foreclosure filings rose 32 percent in the Charlotte region, with bank repossessions the largest contributing factor, RealtyTrac data show. Nationwide, foreclosure filings increased 2 percent over the period.

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