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Home | Author Archives: Alison Rich

LenderLive Takes On PHH’s Private Label Ops

"We are excited about the opportunity of adding a significant number of talented mortgage professionals and establishing a new operations center for LenderLive in Jacksonville,” said Rick Seehausen, LenderLive CEO. “The arrangement accelerates our long-stated imperative of driving scale and operating leverage in our private label Mortgage Solutions business.”

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DataQuick: Golden State Defaults Go Up in Third Quarter

Foreclosure proceedings commenced by lenders between July and September in California jumped on a quarterly basis for the first time since early 2009, but the number of homeowners who moved all the way to foreclosure fell from the prior quarter and a year ago. According to MDA DataQuick, some 83,261 notices of default were posted at county recorder offices in Q3, as the movement of mortgage defaults from lower-cost submarkets into pricier enclaves retreated somewhat. The number of homes foreclosed on totaled 45,377.

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Solidifi Taps Former Fidelity and United Guaranty Execs for VP Posts

Mark Critchfield and Tony Laurito have joined property valuation firm Solidifi U.S. in the newly created positions of VP, business development. Critchfield joins Solidifi from Fidelity National Financial, where he was VP and regional sales director for the company's entire line of services. Laurito brings 20-plus years of mortgage production and executive experience to his new position, most recently from an 11-year career with United Guaranty.

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Zillow Appoints Spencer Rascoff CEO

Zillow, Inc., which operates one of the largest portfolios of online and mobile real estate services, has picked Spencer Rascoff as its CEO. Co-founder Rich Barton, who has been the company's CEO since it was founded in 2005, will continue to be actively involved in Zillow as executive chairman of the board. Fellow co-founder Lloyd Frink will transition from president to the new full-time role of chief strategy officer.

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