Items Tagged with 'property preservation'

ARTICLES

  • Safeguard launches photo app at MBA Servicing

    Field servicers get video backup
    The new application will introduce panoramic photos, video and audio to the field services industry, according to an advance statement released to HousingWire. The Photo Direct options should provide servicers with fuller property-condition views to better assess property damage and validate bids for repair work.
    Read More
  • NYDFS hits PHH with six-figure fine for failing to maintain single zombie home

    Investigation found PHH failed to maintain New Lebanon home for over 6 months
    Back in 2016, the state of New York enacted “sweeping” new laws aimed at reforming the state’s foreclosure process and addressing the state’s issues with zombie homes. And Thursday, the New York Department of Financial Services showed that the threat of a fine for improperly maintaining a zombie home is not an empty one.
    Read More
  • Mortgage Contracting Services relocating to Lewisville, Texas

    Firm moving in this summer
    A Plano, Texas-based property preservation and inspection company is moving its headquarters to the neighboring city of Lewisville. Mortgage Contracting Services, a provider of property preservation, inspections, REO property maintenance and valuations to the financial services industry, announced Monday that it leased a 120,000-square-foot office building.
    Read More
  • From HW Magazine

    How mobile technology is changing the game for property preservation

    The rise of the machines
    Investors today crave certainty, the kind that results from lots and lots of data points. To provide that degree of assurance, field service providers have taken data collection to a whole new level. Just in the last 12 months, the explosion of available real-time data is driving a new model of field servicing that would have been unrecognizable in the past.
    Read More
  • Meeting the biggest challenges in field servicing

    Q&A with Alan Jaffa, CEO of Safeguard Properties
    The biggest challenge in field services is the ever-changing regulatory environment and scrutiny the mortgage servicing industry is under, according to this Q&A with Alan Jaffa, CEO of Safeguard Properties. But that's just the beginning.
    Read More
  • Prominent Senate Democrats call for investigation into "discriminatory" foreclosure neglect

    Warren, Schumer, others cite treatment of foreclosures in minority areas
    The complaint cites a 2014 report from the National Fair Housing Alliance that found that bank-owned properties in communities of color were much more likely to have a higher number of maintenance and marketing deficiencies, leading to "destabilizing outcomes for families and neighborhoods."
    Read More
  • Fannie Mae accused of widespread racial discrimination

    Housing groups say GSE neglects foreclosures in minority neighborhoods
    The National Fair Housing Alliance and 19 local fair housing organizations are accusing Fannie Mae of widespread racial discrimination, claiming that the GSE maintains and markets its foreclosures in white neighborhoods “consistently better” than in middle- and working-class African American and Latino neighborhoods. Fannie Mae says the charges are without merit.
    Read More