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Home Values Are Slow to Rebound.(Brief article)
Dallas -- Falling house prices and a slowing economy will continue to affect default rates as well as the recession-like situation in the fourth quarter of 2007 when the market saw a further increase in defaults and foreclosures, especially in the Rust Belt states, according to panelists at SourceMedia's Mortgage Servicing Conference.
In today's market the biggest challenge faced by servicers is finding effective ways to maximize performance and investment returns, said Gene Ross, president of LoanCare Servicing Center Inc., one of the country's largest subservicers. (LoanCare ...
- Essex Becomes LoanCare Servicing.(Essex Home Mortgage Servicing Corp., LoanCare...
- Magazine article from: Mortgage Servicing News February 1, 2002 700+ words
Essex Home Mortgage Servicing Corp., a subservicer based here, has changed its name to LoanCare Servicing Center. Greg Harney, vice president...Mr. Harney said. "LoanCare Servicing Center is a combination of advanced systems...
- Wachovia to Close Retail Mortgage-Servicing Center in Winston-Salem, N.C.
- Newspaper article from: Knight Ridder/Tribune Business News October 19, 2001 700+ words
...new Wachovia Corp. plans to close its retail-mortgage-servicing center in Winston-Salem, displacing 90 employees...merged with First Union Corp., has eight retail-mortgage-servicing centers across its Southeast market area. Some...
- Wells Fargo Selects Site Near Charlotte.(Wells Fargo Home Mortgage mortgage...
- Magazine article from: Mortgage Servicing News December 1, 2001 700+ words
...has selected a site for its Charlotte-based mortgage servicing center. Wells Fargo & Co. will be the first tenant...Carolina's "productive business climate." The mortgage servicing platform is one of six operated by Wells Fargo...
- Commonwealth Mortgage to sell $7.6 billion of mortgage servicing. (Commonwealth...
- Press release article from: PR Newswire May 24, 1990 700+ words
...SELL $7.6 BILLION OF MORTGAGE SERVICING HOUSTON, May 24 /PRNewswire...partnership's residential mortgage servicing portfolio and its servicing center operations. The broker...private investor's mortgage servicing contracts. The partnership...
- CONSOLIDATION OF NATIONSBANK RESIDENTIAL MORTGAGE SERVICING PROCESSING...
- Press release article from: PR Newswire December 17, 1991 700+ words
...to sell a residential mortgage servicing center in Richmond and all related...said. The Louisville mortgage servicing center was purchased by NCNB...part of the value of the mortgage servicing center in Richmond lies in its...
- NATIONSBANC MORTGAGE CORP. REACHES AGREEMENT TO PURCHASE MORTGAGE SERVICING...
- Press release article from: PR Newswire August 29, 1994 700+ words
...to purchase $6.5 billion of mortgage servicing rights and the company's mortgage...billion, placing it in the top 15 mortgage servicing companies in the country. The NationsBanc Mortgage servicing center is located in Louisville, Ky...
- KEYCORP MORTGAGE TO PURCHASE MORTGAGE SERVICING RIGHTS FROM TRANSOHIO
- Press release article from: PR Newswire July 30, 1992 700+ words
...KEYCORP MORTGAGE TO PURCHASE MORTGAGE SERVICING RIGHTS FROM TRANSOHIO ALBANY...purchased $3 billion of mortgage servicing rights from TransOhio Federal...transferred to the KeyCorp Mortgage servicing center in Williamsville, N.Y...
- Aimbridge Home Loans Partners with LoanCare Servicing Center to Offer Credit...
- Press release article from: Business Wire April 27, 2004 700+ words
...affiliation with LoanCare Servicing Center, Inc. ("LoanCare") to...with the use of our LoanCare Servicing Center name, this unique private...credit unions to expand their mortgage servicing business without expanding...
Source: HighBeam Research, Home Values Are Slow to Rebound.(Brief article)