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The California Department of Insurance announced that it has seized the assets and legal control of Merced Property & Casualty Company

California Takes Over Failed Insurer

The California Department of Insurance announced that it has seized the assets and legal control of...Read more

Ocwen Targets a Return to Growth: Hires Chief Growth Officer

On Ocwen Financial Corporation’s third quarter 2018 earnings conference call , President and CEO...Read more
There were 1.4 million vacant single-family homes and condos on the market in the third quarter, representing 1.52 percent of all residential properties

Fewer Vacant and Zombie Properties on the Market

There were 1.4 million vacant single-family homes and condos on the market in the third quarter,...Read more
When it comes to buying and selling real estate owned (REO) properties, Huntsville, Ala., leads the nation for flipping this particular property, according to data from the online real estate marketing platform Hubzu

The Metro With the Highest REO House Flipping Is …

When it comes to buying and selling real estate owned (REO) properties, Huntsville, Ala., leads the...Read more
Mortgage Capital Trading Inc. (MCT) has officially launched Trade Auction Manager (TAM)

MCT to Unveil its MSRlive! Cloud-Based Platform

Mortgage Capital Trading Inc. (MCT) has announced the upcoming launch of MSRlive!, a Web-based...Read more
After recent borrower outreach events in Bridgeport, Conn.; North Las Vegas; Orange, N.J.; Philadelphia and the New York metropolitan area, Ocwen is continuing its work across the country to help distressed homeowners better afford their homes

Ocwen Continues to Help Struggling Homeowners Nationwide

After recent borrower outreach events in Bridgeport, Conn.; North Las Vegas; Orange, N.J.;...Read more

United Northern Achieves Elite Freddie Mac Approved Seller/Services Status

United Northern Mortgage Bankers Limited has announced that it has achieved the Elite designation...Read more
NAMB+ Inc., the for-profit marketing and communications subsidiary of the National Association of Mortgage Brokers (NAMB), has announced that AmeriAgency, a national insurance agency, has signed on as its latest NAMB+ Endorsed Provider

NAMB+ Adds CIC Credit as Its Newest Endorsed Provider

NAMB+ Inc. , the for-profit marketing and communications subsidiary of NAMB , has announced that...Read more
A total of 177,146 properties carried foreclosure filings in the third quarter, down six percent from the previous quarter and down eight percent from a year ago to the lowest level since the fourth quarter of 2005

Foreclosure Activity at 13-Year Low

A total of 177,146 properties carried foreclosure filings in the third quarter, down six percent...Read more
A total of 4.1 percent of mortgages were in some stage of delinquency in July, down 0.6 percent from one year earlier, according to new data from CoreLogic

Foreclosure Rate at 12-Year Low

A total of 4.1 percent of mortgages were in some stage of delinquency in July, down 0.6 percent...Read more

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