Items Tagged with 'Default mortgage servicing'

ARTICLES

  • Brock & Scott adds Ronald Wolfe & Associates to default services practice

    Addition expands firm’s coverage in state of Florida
    Brock & Scott, a real estate law firm with offices in Maryland, Virginia, North Carolina, South Carolina, Tennessee, Georgia and Florida, announced the expansion of its default services practice with the addition of Ron Wolfe and his team from the office of Ronald R. Wolfe & Associates.
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  • Wingspan Portfolio Advisors files for bankruptcy

    Is this the end for the once-mighty special servicer?
    Citing a massive gap between its assets and liabilities, Wingspan Portfolio Advisors filed for Chapter 7 bankruptcy protection in United States Bankruptcy Court for the Eastern District of Texas. And the company's bankruptcy filing does not paint a pretty picture of Wingspan's future.
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    NAMFS

    The new generation of trade vendor agreements

    Balancing expectations and liability with compensation
    Today’s vendor trade agreements are complex. The decision to accept the terms of these legal contracts is further complicated by the pace in which these agreements are evolving and vendors are asked to renew the agreement. For vendors, it is vitally important to take the time to thoroughly understand their ability to meet service expectations and accept the legal components of a trade vendor agreement.
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  • Wingspan lays off 100 more employees in Monroe

    Are all 400 former JPMorgan Chase employees now gone?
    In October, Wingspan Portfolio Advisors laid off hundreds of employees in its Monroe, Louisiana location, leaving only an estimated 100 employees at the former JPMorgan Chase call center. Now those employees will soon be gone, too.
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  • Bank of America to cut hundreds of legacy servicing staff

    As delinquent loans decline, BofA “returning staff to normal levels”
    For at least the second time in less than six months, Bank of America is set to lay off hundreds of workers from its legacy mortgage servicing operations as the bank continues to cut back its servicing staff due to a decline in delinquent loans.
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    NAMFS

    NAMFS examines how legislation is affecting field services

    A field services perspective on passed and pending legislation
    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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