Two of the top three metro areas in the category of 12-month sum of completed foreclosures were located in Florida: Tampa-St. Petersburg-Clearwater was first with 16,750 and Orlando-Kissimmiee-Sanford was third with 12,970.
Read More »Nationwide Title Clearing Now Offers Collateral File Audit and Remediation Service
The collateral file audit and remediation service is customizable and can be tailored to specific portfolios, investors, and objectives, according to NTC.
Read More »Counsel’s Corner: Lenders Are Simply Enforcing Contract Terms, Not ‘Fighting’ Borrowers
Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Roy Diaz of Fort Lauderdale, Florida-based SHD Legal Group.
Read More »Counsel’s Corner: Tension Exists Between Florida State Courts and Federal Regulators
Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Michelle Garcia Gilbert, managing partner with Florida-based Gilbert Garcia Group.
Read More »Florida, Michigan Lead in Completed Foreclosures, But Other Numbers Do Not Correlate
Despite both states having high numbers of completed foreclosures for the previous 12 months, other foreclosure-related statistics between the two states do not correlate. Florida's foreclosure inventory rate of 3.5 percent for January (third among states behind New Jersey and New York) was more than double the national average for the month (1.4 percent), whereas Michigan's foreclosure inventor was less than half that number (0.6 percent).
Read More »Nationwide Title Clearing Hires New VP of Marketing
Post-closing services provider Nationwide Title Clearing, Inc. (NTC) has announced the hiring of Gina Morales, APR, as VP of Marketing.
Read More »Clayton Holdings Hires New COO
Thirty-year mortgage industry veteran Jeff Tennyson has joined Clayton Holdings LLC as chief operating officer. Tennyson will be in charge of all of Clayton’s business holdings in the United States, including Transaction Management, Consulting, Surveillance, Commercial Due Diligence, and Green River Capital.
Read More »Nationwide Title Clearing Recruits New National Account Executive
Florida-based mortgage industry research and document-processing provider Nationwide Title Clearing (NTC) has announced the hiring of Todd Gomes as national account executive.
Read More »Florida Man Receives 21-Month Prison Sentence for Fraud
A Florida man has been sentenced to 21 months in federal prison for a fraud scheme perpetrated against businesses and individuals seeking lines of credit, according to an announcement on Friday from Christy Romero, the Special Inspector General for the Troubled Asset Relief Program (SIGTARP).
Read More »Florida Still Tops in Nation for 12-Month Sum of Completed Foreclosures
While foreclosure activity in Florida has been generally declining for the last year, the Sunshine State has still not completely recovered from being one of the states hit hardest by the financial crisis and foreclosure wave, which peaked in 2010.
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