CFPB analyst cites 'profound' mortgage servicer community impact

FHFA reaches $280 million RMBS settlement with Barclays

RMBS settlement total now exceeds $16 billion

Whalen: Nonbanks are taking over mortgage originations

Regulators "get in the way"

Items Tagged with 'field services'


From HW Magazine

2014 Field Services Guide

March 31, 2014
An inside look at 8 of the nation's leading field services specialists -- part of a new and more agile breed of field service companies.
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From HW Magazine

To the extreme

Field services companies step up to winter challenges
March 31, 2014
In Washington, D.C., the joke going around among soccer mom circles is that the children will be in school until July in order to make up all the snow days. Funny, yes, but the stark reality is that this winter’s damage is much more tangible than that.
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ProVest enhances the process server experience with Process Server Snapshot!

September 18, 2013
ProVest recently launched Process ServerSnapshot!, a new app that lets process servers capture, document, store and share relevant information from the field. The app provides critical information, including the date, time stamp, as well as the latitude and longitude of all photos pushed through the system.
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Illinois AG sues Safeguard Properties over eviction practices

Safeguard cites "very challenging public misunderstanding" of property preservation
September 10, 2013
Illinois Attorney General Lisa Madigan said that her office has filed suit against Safeguard Properties, a national property preservation provider, over what the AG's office characterized as "illegal eviction practices."
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Property preservation firms fight for competitive edge

Focus shifting from REO to shadow inventory opportunities
August 30, 2013
Activity at field services companies is falling across the nation and companies functioning in the space are searching for new ways to stay competitive. A major merger involving a Texas asset management firm illustrates the scope of this shift.
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From HW Magazine

Servicers respond to shifting demands of property preservation

August 1, 2013
After years of historic default and foreclosure activity, servicers are finally able to see past the wreckage that devastated their portfolios during the housing crash. With one in 10 mortgages entering default between 2007 and 2010, these firms had no choice but to call on outside help to manage a tidal wave of REO properties and the field services work required to keep those assets from deteriorating before they could be sold back into the market. It was a challenging time to be in the real estate business.
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