California industry appointments update - 11/5/2007

National Mortgage Professional

Nov 04, 2007

Industry executives form consulting firmMortgagePress.comMortgage consulting firms Erin Forbes and Cynthia Hamilton, mortgage industry executives with 27 and 15 years experience in the industry respectively, have announced the formation of Lenders Credit Consulting Group (LCCG). LCCG will provide consultancy services for loss mitigation/recovery, repurchase reviews and responses, early payment default review/investigation, risk management, due diligence audits/responses, fraud investigation and short sale qualification and negotiation, as well as provide expert testimony. LCCG is based in Orange County, Calif. For more information, call (949) 468-6147 or visit www.lenderscreditconsulting.com.

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Nov 04, 2007

Analysis and Data

First American: Housing Market Slowing by Design

Title company’s chief economist says history shows rising mortgage rates may take the steam out of rising house prices, but don’t necessarily trigger a decline.

The housing market is “normalizing” as affordability rapidly declines, forcing both buyers and sellers to adjust their expectations, according to a new report. First American Financial Corp., a provider of title, settlement, and risk solutions for real estate transactions, ...

Industry News

Equifax Telling Lenders Of Potential Errors In Credit Scores

About 12% of customers may have been affected, according to a source.

Updated at 3:30 p.m. on 5/27/22 Equifax, one of the country’s three largest consumer credit reporting agencies, is telling lenders that a coding issue introduced during a technology change to its legacy online model platform may have resulted in the miscalculation of certai...