Items Tagged with 'Field services providers'

ARTICLES

  • Field services provider Cityside Management pays $4.3M to settle False Claims Act allegations

    Accused of lying to HUD about supervising rehab work
    Cityside Management Corporation, a field services provider, paid $4.3 million to settle allegations that the company lied to the Department of Housing and Urban Development about supervising rehab work on HUD-owned houses. According to the U.S. Attorney’s Office and HUD-OIG, Cityside Management paid the $4.3 million to settle charges that it violated the False Claims Act by “improperly billing” HUD for work supposedly done by Cityside’s subcontractors.
    Read More
  • Goodbye plywood: Fannie Mae no longer allows plywood in pre-foreclosure

    Servicers must replace plywood on existing properties
    In November, Fannie Mae announced that mortgage servicers would be reimbursed for using clear boarding instead of plywood when securing houses that were in pre-foreclosure. That announcement was not retroactive, meaning it only applied to new pre-foreclosures. But that’s not the case anymore, as Fannie Mae announced this week that it is moving away from plywood entirely.
    Read More
  • Ohio becomes first state to ban plywood on vacant properties

    Fight against blight takes next step forward
    The fight against neighborhood blight took a giant step forward this week, as Ohio just became the first state to ban the use of plywood on vacant and abandoned properties. Under the state’s new laws, “no person shall use plywood to secure real property that is deemed vacant and abandoned.”
    Read More
  • International manhunt ends in arrest of field servicer on child prostitution charges

    Royal Thai Police arrest North Carolina man for connection to prostitution ring
    [Editor's note: The following story contains graphic details.] Mickey Snow, the owner and operator of a multi-state field services provider that until recently provided services to one of the government-sponsored enterprises, was arrested in Thailand after leading authorities on a worldwide chase to avoid prosecution on child prostitution charges.
    Read More
  • Sponsored By
    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.
    Read More
  • ZVN Properties launches hazard claim services

    Adds Brad Bordelon to lead new business line
    The hazard claim business line will be based in Dallas, TX, and will be lead by industry veteran Brad Bordelon. Bordelon brings experience in hazard insurance claims, inclusive of property catastrophe adjusting and construction management to his new position with ZVN.
    Read More