News Flash

ISGN and EquityRock partner on loan mod service
ISGN Corporation, a provider of mortgage services and technology products, has partnered with EquityRock, a residential real estate equity sharing company, to create RESET, a unique loss mitigation solution that helps lenders reduce losses... Read more
USA Funding to join forces with AmericaHomeKey
USA Funding Corporation, based in Brookfield, Wis., has announce that, as of May 1, 2010, they will be joining forces with AmericaHomeKey Inc. based in Dallas, Texas. USA Funding has funded thousands of home mortgages in the Midwest over... Read more
Bank of America earns $3.2 billion in Q1 of '10
Bank of America Corporation has reported first-quarter 2010 net income of $3.2 billion compared with a net loss of $194 million in the fourth quarter and net income of $4.2 billion a year earlier. After preferred dividends, the company... Read more
PHH Mortgage names Bruce Van Fleet SVP, real estate sales
PHH Mortgage Corporation, a subsidiary of PHH Corporation, has announced that Bruce Van Fleet has been named senior vice president, real estate sales. In this role, Van Fleet will be responsible for the development and execution of sales... Read more
HOPE LoanPort signs agreements with Bayview and Ocwen
HOPE LoanPort, the Web-based housing counselor tool that streamlines submission of completed loan modification applications, has announced that Bayview Loan Servicing LLC and Ocwen Loan Servicing LLC have agreed to use its proprietary... Read more
Chase set to hire 300 in New York Tri-State area
Chase has announced that it plans to hire 300 local mortgage officers in the New York Tri-State area in the next six months to help more Chase customers finance home purchases or reduce their monthly payments through refinances. “We want... Read more
ServiceLink expands to accommodate growing loss mitigation operations
ServiceLink, a provider of origination and default services and Fidelity National Financial's national lending platform, has announced the opening of one new office in Rancho Cucamonga, Calif. and the expansion of an existing operation in... Read more
Lincoln Appraisal announces Live Well Financial as newest wholesale reverse client
Lincoln Appraisal & Settlement Services, a national Appraisal Management Company (AMC) and Settlement Services Company, has added Live Well Financial as their newest client. A seasoned veteran in the reverse mortgage industry, Live... Read more
PHH Mortgage selected as Northfield Bank's mortgage servicing partner
Northfield Bank has announced that it has selected PHH Mortgage, a subsidiary of PHH Corporation, as a strategic partner for its mortgage loan origination and servicing business. "Partnering with PHH will allow us to offer our customers... Read more
PHH Mortgage extends contract for LPS' Mortgage Servicing Package
Lender Processing Services Inc. (LPS), a provider of integrated technology and services to the mortgage and real estate industries, has announced that PHH Mortgage, a subsidiary of PHH Corporation, has signed a multi-year contract renewal... Read more