National Foreclosure Report Indicates Over 20 Percent Decrease, Year-Over-Year

National Foreclosure Report Indicates Over 20 Percent Decrease, Year-Over-Year

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New York AG Files Suit Against Florida and New York Loan Mod Firms

New York AG Files Suit Against Florida and New York Loan Mod Firms

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Maine Supreme Court addresses MERS assignments and payoff amounts during cure periods

Maine Supreme Court addresses MERS assignments and payoff amounts during cure periods

The Maine Supreme Court has been active in the last few months – issuing several decisions that will likely impact foreclosure actions in that state.

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Supervisors discuss MERS, potential housing project for veterans (Lake County, CA)

Supervisors discuss MERS, potential housing project for veterans

Record Bee – The system is a national database of home mortgages that allows lenders to bypass county recorders so to more easily transfer mortgage rights

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Gove County (KS) Starts E-recording Land Records with Simplifile

Gove County Starts E-recording Land Records with Simplifile

E-recording in Gove County, Kan., is now available through Simplifile

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Two ALTA Associate Members Named to CFPB E-Closing Pilot Program (from ALTA Title News Online)

Two ALTA Associate Members Named to CFPB E-Closing Pilot Program
The ALTA associate members participating are Pavaso Inc. and eLynx. The companies join three other software vendors, Accenture Mortgage Cadence, DocMagic Inc. and PeirsonPatterson LLP. Seven lenders were named to the program as well, Blanco National Bank, Boeing Employees Credit Union, Franklin First Financial Ltd, Flagstar Bank, Mountain America Credit Union, Sierra Pacific Mortgage and Universal American Mortgage Co.

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Senate Bill Would Shield Companies from Falling Under CFPB Reign

Senate Bill Would Shield Companies from Falling Under CFPB Reign
Mortgage News Ticker, 2014-08-27 02:47

A bill introduced last month before a Senate subcommittee would shield certain financial institutions with less than $50 billion of total assets from examination and reporting requirements of the Consumer Financial Protection Bureau (CFPB).

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