Aurora Financial Selects REO Allegiance for Property Preservation and Field Inspections – NMP Skip to main content

Aurora Financial Selects REO Allegiance for Property Preservation and Field Inspections

NationalMortgageProfessional.com
Apr 13, 2012

REO Allegiance has announced that it has been selected by Aurora Financial Group Inc. to provide Federal Housing Administration (FHA)-compliant field services, inspection services, and P-260 communications. REO Allegiance’s enhanced inspection and HUD P-260 reporting processes will ensure that Aurora Financial continues to be fully compliant with all HUD guidelines for proper maintenance of properties throughout the foreclosure process and the timely conveyance of properties back into the market. “We understand how crucial compliance is in our heavily-regulated industry,” said Lisa Sadaoui, president and chief executive officer of REO Allegiance. “The best origination firms choose partners based on their ability to help them meet regulatory and investor requirements. We feel honored to be chosen by Aurora Financial to provide these services to them.” Deborah Johnson, foreclosure specialist at Aurora Financial, said, "We are very thorough in our search for vendor partners, and we feel very comfortable with entrusting our business to REO Allegiance. Our standards are very high, for our own work and that of those we partner with. REO Allegiance’s excellent property preservation services will ensure our continued compliance and future success."
Published
Apr 13, 2012
CFPB Seeks Insight On Creating A Fairer Mortgage Market

The Consumer Financial Protection Bureau has been actively looking to create a fairer mortgage market, free of discriminatory engagements. To do so, it issued a Request for Information to seek input on rules implementing the Home Mortgage Disclosure Act.

Regulation and Compliance
Nov 17, 2021
Regulators Renew Effort to Protect Against Foreclosures

CFPB, The Fed, FDIC and other agencies will watch for compliance with COVID-19 protections

Regulation and Compliance
Nov 10, 2021
Fed To Begin Tapering Asset Purchases by 14.3% This Month

Also sets target range for the federal funds rate at 0 to 1/4%.

Regulation and Compliance
Nov 03, 2021
CFPB Cracks Down On Discriminatory Credit Reporting For Black And Hispanic Consumers

Consumers in majority Black and Hispanic neighborhoods are far more likely to have disputes appear on their credit reports. 

Regulation and Compliance
Nov 03, 2021
CFPB Names 2 New Assistant Directors

Former Obama Administration officials will lead Supervision Policy, Enforcement divisions.

Regulation and Compliance
Oct 29, 2021
FHFA Proposes Extra Disclosure Rules For Fannie, Freddie

The proposed rule for the Enterprise Regulatory Capital Framework seeks to put Enterprises on a "level playing field" with U.S. banking requirements.

Regulation and Compliance
Oct 28, 2021