Stewart Lender Services Inc., Houston, has announced the introduction of the Pre-Foreclosure Report, which is designed to help attorneys and lenders determine the condition of a property title when the borrowers are in financial distress.The new report provides a quick "snapshot" of the subject residential property, including a two-owner search, vesting information, open liens, judgments, pending lawsuits, tax information, and other data, the company said. Stewart Lender Services, a subsidiary of Stewart Information Services Corp., can be found on the Web at http://www.stewart.com.
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Lenders may not be able to fully respond to the broader government-sponsored enterprises' rollout of VantageScore 4.0 yet but there is one thing they can do now.
4h ago -
Sellers are easing demands as rates hit 15-month highs, giving buyers leverage. Originators: target sideline buyers before next week's Fed hike lifts rates further.
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The decrease in jumbo availability accounted for much of the drop in the latest mortgage credit index, as conforming and government offerings were unchanged.
10h ago -
The consumer price index rose 0.4% last month, in line with July's reading. For a monetary policy committee that has been split on inflation, the inconclusive report will compel the Fed to make a call on whether to raise interest rates or stay put.
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Abacus Federal Savings Bank in Chinatown scrambled to reopen in the days following the World Trade Center attacks. The exercise resulted in the bank's first disaster-recovery plan.
September 11 -
The current transaction has the largest collateral pool that the platform has issued all year, with 294 loans, and it has the highest percentage of conforming loans, at 45.1%.
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