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Stewart Launches New REO Solution
Stewart Lender Services (SLS), a wholly-owned subsidiary of Stewart Title Company, has developed a boutique asset management and disposition solution for community banks. The focus is maximizing the...
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Clear Capital Launches New Commercial BPO Product
Clear Capital has announced the release of its new commercial valuation product, the Commercial Broker Price Opinion (BPO) and Commercial Evaluation.Click to continue
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DataQuick Unveils New Appraisal and BPO Review Tool
DataQuick, a provider of advanced real estate information solutions powered by data, analytics and decisioning, has announced the release of AppraisalQ, a new appraisal and broker price opinion (BPO)...
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Clayton Holdings Set to Acquire REO Specialist Green River Capital
Clayton Holdings LLC has announced that it has agreed to acquire Green River Capital LC, a provider of real estate-owned (REO), short sale and broker price opinion (BPO) services based in West Valley,...
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Wells Fargo and Chase Scrutinized for Excessive Default Fees
Baron and Budd attorneys, led by Roland Tellis and Mark Pifko in Los Angeles, have filed a class action lawsuit alleging that Wells Fargo and JPMorgan Chase illegally levied excessive and deceptive...
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CoreLogic Launches Residential Evaluation Reporting Tool
CoreLogic has announced a new data-enhanced, appraiser-certified evaluation tool to help mortgage lenders and servicers address new requirements issued in the 2010 Interagency Appraisal and Evaluation...
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Real Property Decisions Releases Tool for Improved Diligence on...
Real Property Decisions has released its new Default Reconciliation Report, a valuation analysis service which provides mortgage servicers and investors with critical valuation information to...
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Managing and Selling REOs in a Flooded Market
Banks are in liquidation mode. Most are experiencing losses, and with the Office of Thrift Supervision (OTS) now under the supervision of the Office of the Comptroller of the Currency (OCC), banks...
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Interthinx Adds Street-Level Imaging Via Google Maps to FraudGUARD
In response to its own findings that property valuation mortgage fraud risk has risen significantly since 2006, Interthinx has integrated Google Maps satellite images to help lenders decrease loan...
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New Clear Capital Product Sheds Insight on Investment Properties
Clear Capital has announced the availability of its Rental Market Report, an extension of the company’s Broker Price Opinion (BPO) that includes a host of additional information to analyze and...
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The REO AVM as Compared to Other Valuation Methods
In my May 2012 ValueNation column, I noted that while we are seeing the housing market start to level out, there are still a significant number of properties in default or foreclosure. These nearly six...
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Using an REO AVM in Conjunction with an Inspection Report
As stated in previous ValueNation columns, a reputable real estate-owned (REO) automated valuation model (AVM) is a great way for servicers and lenders to monitor valuation ranges for default...
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CoreLogic Announces Enhancements to Its Valuation Products
CoreLogic has announced a suite of valuation products for mortgage servicers that integrates the power of CoreLogic proprietary data and analytics into traditional property valuations. The enhanced...
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Quandis Announces Partnership With Bankers Asset Management
Quandis Inc. announced that Bankers Asset Management (BAM) is successfully utilizing its valuation system to streamline the company’s entire broker price opinion (BPO) process within BAM’s valuations...
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LRES Offering Hybrid Valuation Products to Better Meet Client Demands
LRES now offers hybrid valuation products to help its clients meet evolving property valuation requirements in a changing mortgage lending environment. LRES’ hybrid valuation products combine accurate...
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LRES Appoints Emeka Madu as Manager of Compliance
LRES has announced the addition of Emeka Madu as its new manager of compliance. In this position, Madu will oversee LRES’ compliance department, ensuring the company remains up to date and compliant...
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