Washington, D.C.-based Patton Boggs LLP announced the expansion of their operations to include a new mortgage finance group today, which will operate out of their Washington and Dallas offices.

Lake Forest, California-based National Creditors Connection, Inc. recently announced that it has successfully completed the SAS 70 compliance conducted by Bronsky & Co. CPA Firm. NCCI is a privately held company providing field contact, loss mitigation, and onsite inspection services to financial institutions nationwide.

{=} USFN hosted its first 2009 Loan Management & Servicing Seminar March 18-20 at the Renaissance Resort at SeaWorld in Orlando. President of USFN Richard Rothfuss commented, We were very pleased with the turnout and exceptional, open dialogue at the event.

Earlier this month, the La Jolla, California-based Taza Corporation announced the launch of Tazahomes.com, a new software division focused on the marketing aspects of the REO market. According to a press statement released by the company, Tazahomes.

JPMorgan Chase & Co. reported their third quarter 2008 net income yesterday as $0.11 per share or $527 million. This figure included estimated after-tax losses of $600 million, or $0.18 per share, resulting from their acquisition of Washington Mutual and a 1.

According to PR Newswire, Michigan Governor Jennifer M. Granhom announced recently that grants totaling $2,168,400 have been awarded to 18 nonprofit organizations through the Michigan State Housing Development Authority from the Michigan Housing and Community Development Fund (MHCDF).

Former real estate agent, Joseph Jetton, of Woodstock Georgia was sentenced last week by U.S. District Judge Beverly B. Martin on charges of conspiracy, bank fraud, wire fraud, and money laundering related to a multi-million dollar mortgage fraud scheme.

Charles Elliott Fitzgerald, a former Los Angeles-based real estate developer, was sentenced recently to 14 years in federal prison. According to the Department of Justice, Fitzgerald is guilty of carrying out a mortgage fraud scheme that defrauded banks by deceiving them into funding inflated mortgages.

Foreclosureradar.com announced the findings of their California Foreclosure Report for September, 2008 yesterday, which showed that foreclosures sales fell by 12.4 percent in September. The report also noted the impact made by the California State Senate Bill 1137, which went into effect September 8, 2008.

With only a few weeks left before election day, many Americans are concerned about the economy and how the next president will approach the important issues of the housing crisis and continually rising foreclosure rates.