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IndyMac Now Among Lighthouse Clients.(IndyMac Bank is a new client of Lighthouse Real Estate Solutions)(Brief Article)
Lighthouse Real Estate Solutions has contracted with several new clients for its LINK Loss Mitigation services, including IndyMac Bank.
LINK stands for Loss Mitigation-Interface-No Contact-Knowledge.
Lighthouse COO Mike Sawdon said his company's services help lenders increase loss mitigation performance, improve delinquency ratios and reduce servicing costs.
"No contact and unresponsive borrowers always pose difficult servicing issues. We've been able to develop a process that makes it effective for servicers to outsource these files and let us work them on their behalf while achieving a higher-than-industry-average success rate," he said.
He said the company has succeeded in locating and contacting these borrowers 40% of the time, with 24% completing financial packages. No-contact borrowers are the ones most likely to cause problems for lenders. According to a Fannie Mae estimate, 47% of REO cases involve loans where the servicer at some ...
- Lighthouse collects LIBDC business development award.(Lighthouse Real Estate...
- Magazine article from: Real Estate Weekly November 2, 2005 700+ words
Lighthouse Real Estate Ventures announced today...creation and building rehabilitation. Lighthouse Real Estate Ventures, Inc. is a real...and foster economic growth." "Lighthouse Real Estate Ventures is a true success...
- Lighthouse Real Estate Advisors, LLC.(Agents)(Brief Article)
- Magazine article from: Real Estate Weekly July 21, 2004 700+ words
Lighthouse Real Estate Advisors, LLC has been appointed as the exclusive sales and leasing agent for 12 acres of land in Queens, N.Y. Paul Cooper, Louis Sheinker, Jeff Ravetz and Josh Segal will handle this assignment on behalf of Lighthouse Real Estate.
- Lynbrook-based Lighthouse Real Estate Ventures completes $70M in deals.
- Magazine article from: Long Island Business News February 11, 2005 700+ words
...Jericho has concluded three transactions for Lynbrook-based Lighthouse Real Estate Ventures valued at $70 million, completing an assignment...building at 444 Merrick Road in Lynbrook, which serves as Lighthouse Real Estate Ventures' base of operations. The $11 million...
- Lighthouse Ventures honored for its March of Dimes work.(Lighthouse Real Estate...
- Magazine article from: Real Estate Weekly January 18, 2006 700+ words
Lighthouse Real Estate Ventures was honored as Fundraiser of the Year by the Long...Cooper and Louis Sheinker, principals of LREV. The principals of Lighthouse Real Estate Ventures were the March of Dimes' first real estate honorees...
- Lighthouse Real Estate Management, LLC.(Brief Article)
- Magazine article from: Real Estate Weekly October 1, 2003 700+ words
Lighthouse Real Estate Management, LLC announced that four leases, totaling 31,701 SF, have been leased at its 444 Merrick Road building in Lynbrook, N.Y.
- Lighthouse Real Estate in talks to buy Garden City site.
- Magazine article from: Long Island Business News February 8, 2002 700+ words
Byline: Nick Anastasi Lighthouse Real Estate is the latest candidate to enter in negotiations to buy KeySpan Corp.'s property at 550 Stewart Ave., following the...
- Lighthouse Real Estate Ventures, Inc.(Brief Article)
- Magazine article from: Real Estate Weekly April 12, 2000 700+ words
Lighthouse Real Estate Ventures, Inc., the new owner, of 100 William Street in New York City, has named Cushman & Wakefield of New York...
- Lighthouse Real Estate Ventures buys West Hempstead building.
- Magazine article from: Long Island Business News September 21, 2005 700+ words
Byline: Dawn Wotapka Lighthouse Real Estate Ventures Inc. has acquired its sixth regional site - an 80,000-square-foot office building at 60 Hempstead Ave...
- Lighthouse Real Estate Management signs three new leases in Lynbrook.
- Magazine article from: Long Island Business News July 2, 2004 700+ words
Byline: Nick Anastasi Lighthouse Real Estate Management announced the signing of three new leases at its base of operations at 444 Merrick Road in Lynbrook. New tenants...
- Lighthouse Real Estate Ventures.
- Magazine article from: Real Estate Weekly October 13, 1999 700+ words
Lighthouse Real Estate Ventures is offering more than 13,600 square feet of office space at 455 Wheeler Avenue in Hauppauge, NY for lease...
Source: HighBeam Research, IndyMac Now Among Lighthouse Clients.(IndyMac Bank is a new client of...