Karl Meyer has been named director of national operations at LOGS Financial Services Inc., a provider of default management systems based in Northbrook, Ill.LOGS said Meyer will focus on improving communications between the company's outsourcing division and the law firms around the country that LOGS works with on behalf of mortgage servicers. Mr. Meyer has six years of experience in default servicing and private legal practice in the areas of construction, land use, real estate, mortgage banking, and lender liability. LOGS can be found online at http://www.logs.com.
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The mortgage technology unit of Intercontinental Exchange reported a return to profitability in the second quarter, as revenues continued their recent rise.
46m ago -
The 30-year fixed rate mortgage is at its highest point in 51 weeks with a divergence in forecasts for what happens between now and the end of the year.
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Positive changes in credit provisions contributed to a multiyear high in net income as the GSE and its rival fought to purchase lenders' single-family loans.
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Properties outside flood zones carry outsized risk without insurance but client education and proactive solicitation before a storm can decrease serious delinquencies.
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Earlier in the day, the company confirmed it made staffing reductions as it aligns its cost structure with its technology investments to help operations.
July 29 -
Federal Reserve Chair Kevin Warsh acknowledged that his limited guidance might have been a factor in rising market rates, but said whatever increased volatility can be attributed to the changes is more than offset by the benefit of a more nimble central bank.
July 29









