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Open commentary on everything impacting the U.S. housing economy. The opinions expressed here represent the author's alone.

Six Lenders Upgrade to LSSI's Servicer3D

(August 9, 2007) -- LSSI announces that six mortgage lenders have upgraded to the company's Servicer 3D accounting and management software; Servicer 3D replaced the company's previous LoanBase SERVICER application in February.
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Newcastle Announces Second Quarter 2007 Results

(August 2, 2007) -- Newcastle Investment Corp. reported that for the quarter ended June 30, 2007, Funds from Operations excluding the effect of a non-cash impairment charge was $38.5 million, or $0.73 per diluted share, compared to $0.66 per diluted share for the second quarter 2006.
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