Items Tagged with 'managing partner'

ARTICLES

  • The HOA Crisis

    This is how it works. Or, rather, doesn't work.A mortgage servicer completes the foreclosure, eventually. And the bank has taken title to the home and arranged...
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  • A new path for homeowner connectivity

    Mortgage lenders, servicers and insurers should ensure a reliable, two-way connection to homeowners. This vital link can influence delinquency and foreclosure rates long before payment problems occur, according to Frank Pallotta, managing partner of Loan Value Group.
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  • Lawfirm Launches Distressed Asset Group

    Lawyers are looking to cash in on the distressed asset space more and more as the real estate market continues to collapse. California-based Reed Law created a "Distressed Real Estate Practice Group" in order to deal with the rising demand for legal guidance when dealing with distressed assets. Managing partner Karyn Reed says the creation of the group is in response to the growing emotional nature of real estate litigation.
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  • Tech Roundup: a la mode Pushes Listings to Agents' Sites

    A la mode announced last week its release of a new Internet Data Exchange (IDX) product for real estate agents, which will provide a way for brokers and their agents to display all local MLS listings on their own websites.  The listings will show the hosting broker's contact information instead of the listing broker's information.
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  • Appraisal Fraud in the Spotlight, Again

    A group of appraisers in Idaho filed a class-action lawsuit Thursday against Countrywide Financial Corp. – Now, Bank of America Corp. [stock BAC][/stock], after its recent acquisition – claiming the company used “strong-arming tactics to intimidate appraisers to generate reports in line with Countrywide’s business objectives.” In wake of the Home Valuation Code of Conduct -- a new set of regulations meant to "clean-up" appraisal fraud, and set to go into effect on January 1, 2009 -- this suit turned attention, once again, to the heated issue of appraisals.
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  • As Financial Bailout Hangs, Distressed Loan Buyers Wait

    The failure of a key vote to pass bailout legislation on Monday has more than a few distressed mortgage investors stuck in a holding pattern, as they await a proposal that more so than most directly impacts their business models. Many say that while they know the Treasury's proposal will have a dramatic effect on their business, it's anyone guess what effect that may ultimately be.
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  • Law-Firm Backed Default Outsourcers to Merge

    American Processing Company, LLC, said Monday that it had signed a definitive agreement to purchase National Default Exchange, otherwise known in the default industry as NDEx -- and it's a transaction that signals a strong shift in strategy among some of the more powerful players in the default management space.
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