Items Tagged with 'servicing'


How optimizes your disposition strategy

The company's 4 guiding principles for success
Whether you are trying to minimize the credit losses associated with a foreclosure, or trying to maximize the return on a real estate portfolio investment, the decision always comes down to one thing: Optimizing the balance between the asset’s sales price with the avoidance of holding expenses.
Read More

Executive Conversation: Deborah Garcia-Gratacos on servicing the Hispanic market

Deval provides bilingual documents and personnel for optimal communication
Hispanics are the fastest-growing segment of the American population, with 55.3 million Hispanics in the United States in 2014 and this is projected to grow to 30% of the population by 2060. Deval LLC discusses the unique requirements for servicing the Hispanic community.
Read More improves foreclosure outcomes for lenders and servicers

Marketing efforts put properties in front of millions of buyers across the globe takes a multi-channel approach to marketing foreclosure properties, which means sellers get a broad, global pool of potential buyers. The website boasts more than 4 million active users and more than 300,000 unique visitors each week.
Read More

BB&T Capital Markets promotes two into 'key' leadership roles

Names leaders of equity investment banking and capital markets advisory group
Financial services company BB&T Capital Markets announced recently named bankers Bruce Kelleher and Jake Savage to "key" leadership roles. Kelleher brings 23 years of experience to his role as the head of BB&T Capital Markets’ equity investment banking. And Jake Savage, a 30-year corporate finance and banking veteran, will lead the firm’s newly formed capital markets advisory group.
Read More

Nationstar 3Q earnings drop to $32 million

Servicing up, originations down
Nationstar Mortgage Holdings’ third-quarter adjusted earnings dropped to $32 million, compared to $35 million in the second quarter. However, despite the decline, Jay Bray, CEO, remained positive on the company's recent improvements.
Read More

Foreclosure starts at a 10-year low in first half of 2015

Accelerating bank repos 37% above pre-crisis watermark
There were a total of 597,589 U.S. properties with foreclosure filings — default notices, scheduled auctions and bank repossessions — in the first half of 2015, down 13% from the previous six months and down 3% from the same time period in 2014. Things are changing but where are the trends heading?
Read More