Wolters Kluwer Financial Services, Minneapolis, has named Ken Newton executive vice president of banking content.Mr. Newton will be responsible for the company's overall growth in the banking, credit union, indirect lending, and mortgage markets. Prior to this promotion, Mr. Newton served as the vice president and chief operations officer for WKFS, where he led the operational aspects of the organization's manufacturing, customer support, product distribution, and enterprise systems. He also led the implementation of Lean Six Sigma across the company. WKFS can be found on the Web at http://www.wolterskluwerfs.com.
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Zombie properties rose quarter over quarter in 38 states and the District of Columbia, according to Attom's latest Vacant Property and Foreclosure Report.
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The House passed housing legislation that includes a slightly pared-down institutional investor housing ban, as well as a raft of community bank measures.
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Delinquencies among recent FHA originations are showing up alongside a notable volume of subordinate liens carried by the borrowers.
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The share of sellers dropping their asking price fell in April as buyer demand picked up, though Sun Belt markets — especially in Texas — still saw widespread price cuts.
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The real estate investment trust, while reporting a first quarter net loss, benefitted from growth and stable margins in its three mortgage production units.
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The co-author of the landmark Dodd-Frank Act and progressive congressional trailblazer Rep. Barney Frank, D-Mass., has died.
May 20









