Jackson & Associates, an Irvine, Calif.-based provider of legal services and legal process management to the real-estate owned industry, has launched a new platform for managing recovery of occupied REO.The company said its platform, Symphony, is a specialized system designed to control the risk associated with occupied REO, and manages the legal and related processes involved in post-foreclosure property recovery. "The risks incident to the recovery of occupied REO are quite different from vacant REO, both in terms of the frequency and severity of risk exposure," said Robert Jackson, president and senior managing attorney at the firm.
-
The agency proposed to repeal a regulation that requires FHLBanks to submit formal notices before engaging in new business activities that carry unmanaged risk.
3h ago -
So far this year, the volume of closed-end second and home equity line of credit securitizations is near last year's $29 billion, Bank of America Securities said.
4h ago -
Home price growth is accelerating as inventory stalls—Chicago and Pittsburgh lead mid-tier gains at 4.2%, while Denver and Las Vegas see supply-driven price corrections.
6h ago -
The industry leaders are sparring over refinance business from a Mr. Cooper portfolio, and UWM contends it didn't specifically try to harm its rival.
July 27 -
The trade group supports FHFA's overhaul but urges longer comment periods, more flexibility and protections to prevent unintended consequences.
July 27 -
The drop in the annual metric for FHA loans was the biggest in over four years but other performance indicators ICE Mortgage Technology tracked were mixed.
July 24








