Items Tagged with 'Integrated Asset Services'

ARTICLES

  • Technology to the Rescue: the Next Generation of Mortgage Servicing

    Since the US housing market topped out three years ago, nearly a quarter of the nation's housing value has vanished. Not surprisingly, this relatively sudden disappearance of equity has resulted in nothing less than a national foreclosure crisis, and it has stressed every corner of the mortgage service business. It's been a tough stretch to be sure, but I'm here to say that the industry is getting better for it. Indeed, smart technology -- really smart technology -- has emerged across the last 18 months to handle this far less stable and far more demanding world.
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  • IAS Rolls Out Investor-Specific Servicing Platform

    Default management and residential collateral valuation service provider Integrated Asset Services (IAS) on Tuesday unveiled Statebridge, a new company that will focus on investor-targeted servicing for the mortgage industry. Statebridge provides risk-based servicing that aims to optimize investor performance through so-called "high-touch" servicing designed to maximize returns on both performing and non-performing loans.
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  • IAS Sees June Home Prices Rise Slightly

    The home price index (HPI) produced by Integrated Asset Services’ (IAS) saw a 1.2% monthly increase from May to June, the Denver-based default servicer announced Tuesday. While on its fourth consecutive month of gains, the IAS360 HPI — which tracks monthly changes in median sales prices of US detached single-family homes — is still down 16.7% from its June 2007 high. It fell 2.6% in the first three months of 2009, but has increased 2.7% since then.
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  • IAS Sees House Prices Gain 1.6% in May

    National house prices gained 1.6% in May, the largest month-on-month increase since July 2005, according to an index calculated by default management and residential valuation provider Integrated Asset Services (IAS). House prices are still down 10.5% since last year, but the latest IAS360 House Price Index recorded positive monthly numbers in all four US regions this month. The Northeast is up 3.2% since April, while the Midwest gained 1.9%, the South 1.1% and the West 0.9%.
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  • IAS Sees 'Normalization' in House Prices

    US home prices remain down 13% year-over-year as of April, but the pace of decline in prices seems to have leveled off, according to IAS360 data released Tuesday morning. “It’s too soon to call this a turn in the housing market, particularly given all the political and regulatory uncertainties,” said Dave McCarthy, president and CEO of Integrated Asset Services. “I think that we’re still in for some difficult spells ahead, but we are seeing a certain kind of pricing equilibrium in several important markets. That’s encouraging for the long term.”
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  • IAS Touts Updated AVM, Consideration of 'Distress'

    Most industry leaders anticipate an increasing volume of distressed properties and fluctuating loan-to-value ratios over the next several quarters as default and REO properties continue to enter the market. Default management services provider, Integrated Asset Services, unveiled a tool to help mortgage servicers manage and more accurately value these distressed residential properties and loans.
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  • Downtown. It's everywhere you want to be.

    Tuesday's Personal Journal in the WSJ takes a long look at where housing prices are holding up best -- not surprisingly, it's key downtown metros in some of the nation's larger cities. From the story: Much has been made of the way the nation's real-estate bust is affecting some American cities far more than others. But even within a single metro area, changes in housing prices can show wild variations.
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  • Integrated Asset Services gets the US News treatment

    Regular HW readers probably know I got my start in the default side of the mortgage industry -- and I usually cringe when I see how non-financial media handle interviews with industry experts. But Luke Mullins over at US News hits one out of the park today with none other than Integrated Asset Services' own Ryan Tomazin.
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