Foreclosures in several Southwestern states have already far exceeded those for all of 2005, according to ForeclosureS.com, a Fair Oaks, Calif.-based investment advisory firm.Alexis McGee, president of the firm, said California, Texas, and Colorado have among the highest foreclosure numbers in the nation. In California, foreclosures have reached 117,560, a level that surpasses by 45% the 80,989 filings recorded last year. Texas has recorded 90,620 foreclosures, up 14.7% from 79,012 for all of 2005, and Colorado's foreclosure total has reached 54,959, a 25% increase from 43,951 last year, ForeclosureS.com reported. The company can be found online at http://www.foreclosures.com.
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Atlas VMS acquired CloseClear.ai to help lenders prevent post-appraisal GSE buybacks. The tech continuously matches active pipelines against live disaster maps to plug closing blind spots.
9h ago -
BTIG is predicting mortgage origination volume for loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings combined will be 5% lower than the industry consensus for the third quarter.
11h ago -
Researchers showed a message with no return address slips past Reject Direct Send. Credit unions were told to close this kind of gap in 2021.
September 9 -
Cyber policies must keep pace with a surge in incidents fueled by AI, as well a growing trend toward account takeovers.
September 9 -
Also, the Broker Action Coalition announced Jamie Cavanaugh as its next CEO, while Dark Matter Technologies added two new members to its leadership team.
September 8 -








