As a demand for mortgage default services increases, North American Property Preservation, a full service distressed property preservation and management company, is merging with The Property Preservation People. Acting as a one-stop solution to lenders, asset managers and brokers, the new company will continue to deliver responsive customer service and high-quality field services, said Brandy Cutler, NAPPCorp's managing director of national field services operations. Under the terms of the agreement, the combined company will begin joint operations under the name North American Property Preservation effective immediately. All employees of PPP have accepted positions with the new combined entity.
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Technology and customer service were the two largest categories within operational expenses last year, according to the Mortgage Bankers Association.
8h ago -
Bright partnered with real estate data and analytics platform HouseCanary to deliver exposure on Google at no additional cost or operational efforts.
8h ago -
The move may have been related to the government-sponsored enterprise's duration gap but could also have resulted from many other considerations.
10h ago -
The lawsuit is the third against a California-based mortgage company this month after revelations of another early-2026 incident at a wholesale lender.
10h ago -
The Bank of International Settlements compared the recent AI investment frenzy to the canal mania of the 1830s, the British railway craze of the 1840s and the dot-com boom of the late 90s.
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Fake jumbo mortgages are helping non-agency securitization growth, but these loans could have higher than expected delinquency rates, an analysis said.
June 29









