Mr. Frank goes back to Washington

Mr. Frank goes back to Washington

Former Congressman to testify before Congress on Dodd-Frank impact

Happy 4th birthday Dodd-Frank! Everyone hates you

How effective has Dodd-Frank really been?

Monday Morning Cup of Coffee: Former CFPB head eyes White House?

The bubble’s last days; New HUD rule the “Common Core” of housing

Items Tagged with 'property preservation'


CFPB analyst cites 'profound' mortgage servicer community impact

January standards mean back to basics
April 24, 2014
In case of any violations (injury to consumer), the CFPB has the authority to hold both the servicer and the service provider accountable and subject to relevant penalties. One analyst there wants to be sure the mortgage industry understands this holistically.
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HomeStar Property Solutions officially opens Texas office

Will keep growing operations
April 23, 2014
"It's an important next step for HomeStar," said Bradley Trapnell, senior vice president of business development for HomeStar, who helped establish the Dallas location. "There are many incentives to having an office in Dallas; being close to mortgage servicing and investor clients, and having access to a tremendous base of industry talent was chief among them."
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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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MCS names Robert Colbeck chief technology officer

December 2, 2013
Property preservation and inspections firm Mortgage Contracting Services named Robert Colbeck chief technology officer this week.
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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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PEMCO to launch property management, preservation website goes live Aug. 13
August 8, 2013
Asset management firm PEMCO is launching a website that's fully devoted to providing property preservation and rental management information.
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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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