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<title>Mortgage Servicing News Headlines</title>
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<copyright>Copyright 2010, SourceMedia, Inc. and Mortgage Servicing News.  All rights reserved.</copyright>
<pubDate>Thu, 18 Mar 2010 12:02:02 EDT</pubDate>
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<title>IMS Expands REO Management Offering with REO Leasing Solutions</title>
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<description>Integrated Mortgage Solutions, a third-party provider of asset management services, and the Houston-based REO Leasing Solutions, LLC are joining forces to address rapidly growing loss mitigation and REO challenges in today&#x27;s housing market. </description>
<pubDate>2010-03-17 12:00:11</pubDate>
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<title>LPS Launches Short-Sale Service</title>
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<description>Lender Processing Services has launched a new short-sale service to help mortgage firms handle their growing caseload of REO properties.</description>
<pubDate>2010-03-17 12:00:10</pubDate>
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<title>NAR Supports the Use of BPOs for Short Sales</title>
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<description>Despite efforts by appraisers to discredit broker price opinions, there is no reason why the Treasury Department should ban the use of BPOs on short sales, according the National Association of Realtors.</description>
<pubDate>2010-03-17 12:00:09</pubDate>
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<title>GMAC Selling Another NPL Portfolio</title>
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<description>GMAC Financial Services has come to market with a $22 million package of nonperforming residential loans that were culled from securitizations.</description>
<pubDate>2010-03-17 12:00:08</pubDate>
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<title>FOMC: Fed Will Follow Through with Plans to End Programs</title>
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<description>The Federal Open Market Committee issued a statement Tuesday indicating that the Federal Reserve will follow through with its plans to end its purchases of agency mortgage-backed securities this month as well as with plans to end a program supporting loans backed by new-issue commercial MBS in June.</description>
<pubDate>2010-03-17 12:00:03</pubDate>
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<title>LPS: Delinquency Rates Hit All-Time Highs, But Pace Is Slowing</title>
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<description>While delinquency rates in the U.S. have risen to historic highs, the pace of deterioration has slowed, according to the February 2010 Mortgage Monitor report by Lender Processing Services Inc. in Jacksonville, Fla.</description>
<pubDate>2010-03-16 12:00:13</pubDate>
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<title>First American Names CEO of Solutions Group</title>
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<description>First American Corp., Santa Ana, Calif., in preparation for the split of its title and information services businesses into separate publicly traded companies, has named Anand K. Nallathambi as chief executive and Buddy Piszel as chief financial officer of its information solutions group.</description>
<pubDate>2010-03-16 12:00:11</pubDate>
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<title>What Dodd Bill Means for Mortgage Bankers and Brokers</title>
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<description>A new Consumer Financial Protection Bureau could examine any mortgage banking company, servicer or mortgage brokerage and take enforcement actions against those entities if the Senate passes a bill crafted by Banking Committee chairman Christopher Dodd, D-Conn.</description>
<pubDate>2010-03-16 12:00:10</pubDate>
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<title>Multifamily Starts Plunge by 51%</title>
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<description>The number of apartment units under construction at the end of February plunged to 180,000 dwellings on a seasonally adjusted annual basis, according to new figures released by the Commerce Department.</description>
<pubDate>2010-03-16 12:00:09</pubDate>
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<title>PennyMac Interested in Servicing and Condo Development Loans</title>
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<description>PennyMac Mortgage Investment Trust, a publicly traded vulture fund, says in a new public filing that it is exploring the idea of purchasing distressed condominium construction loans and growing its residential servicing business.</description>
<pubDate>2010-03-16 12:00:08</pubDate>
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