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Alarming details charged in the collapse of Butler & Hosch

Lawsuits allege phony billings, bogus invoices and millions in fake accounts receivables

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Butler & Hosch sale, Dustin Johnson lawsuit severely impacted firm
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Items Tagged with 'field services'

ARTICLES

A2Z Field Services promotes Amie Sparks-Beebe to president/CEO

Replaces retiring Bill McMullen
Ben Lane
Ohio-based A2Z Field Services announced the promotion of Amie Sparks-Beebe to president and chief executive officer. Sparks-Beebe replaces Bill McMullen, who is retiring as A2Z’s president.
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Safeguard Properties promotes Michael Greenbaum to chief operating officer

Previously served as vice president of operations
Ben Lane
Safeguard Properties, the mortgage field services provider, announced the promotion of Michael Greenbaum to the position of chief operating officer. Greenbaum, who joined Safeguard in 2010, previously served as vice president of operations.
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ZVN Properties launches hazard claim services

Adds Brad Bordelon to lead new business line
Ben Lane
The hazard claim business line will be based in Dallas, TX, and will be lead by industry veteran Brad Bordelon. Bordelon brings experience in hazard insurance claims, inclusive of property catastrophe adjusting and construction management to his new position with ZVN.
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HomeStar adds Matt Richey as senior vice president

Will oversee field service operations
Ben Lane
In this role, Richey will be responsible for driving growth initiatives in the areas of construction, renovation, property preservation and environmental remediation.
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A field services perspective on passed and pending legislation
NAMFS
Simply put, property preservation work includes, but is not limited to, securing the property, removing debris and mowing the lawn. However, this simplified definition does not begin to scratch the surface of the broad, and often complex, range of services performed by field services providers.
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Mortgage servicers trend toward multiple field-service providers

Is it time to spread out the grunt work?
Lynn Effinger
With so many changes taking place in the default servicing arena, with heightened focus on regulations and compliance issues, one solution being chosen by some lenders, servicers and investors is to contract with multiple field service providers, rather than a single “national” provider.
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SecureView lands giant Fannie Mae field-services deal

Certain states must now use clear "boards"
Brena Swanson
Good news for SecureView: The company landed a giant deal with Fannie Mae, which is officially requiring vendors to install the distinct, clear boarding to secure vacant properties. The contract is being rolled out, gradually, in many states.
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Are we facing yet another foreclosure crisis?

Property preservation remains vital component to default servicing
Lynn Effinger
Despite numerous reports indicating that there has been a deep decline in foreclosure inventory over the past several months in many markets, the reality, as chronicled in several articles recently penned by this author and others, is that foreclosure rates are very likely to rise again in the not-too-distant future.
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Field services move one step closer to industry-wide background checks

Ben Lane
The National Association of Mortgage Field Services said that the new partnership should allow field servicers to use and re-use a single annual background check, which would eliminate the cost and “wasted time” of repeated background checks for multiple clients.
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From HW Magazine

2014 Field Services Guide

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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