The New York Times rambles, and mangles mortgages along the way

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits

WATCH: Trulia stages haunted house for unsuspecting homebuyers

'Tis the season. For screaming.

10 reasons why people don’t get a mortgage

It’s not just because of finances
W S

Items Tagged with 'property preservation'

ARTICLES

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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CFPB analyst cites 'profound' mortgage servicer community impact

January standards mean back to basics
Jacob Gaffney
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
Jacob Gaffney
"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
Sarah Wheeler
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

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
HousingWire Staff
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

PEMCO-limited.com goes live Aug. 13
HousingWire Staff
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

Derrick Logan
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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