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Reo Asset Management Companies News

IMS Named Among Fastest Growing Houston-based Woman-Owned Businesses for Third Consecutive Year Wednesday, July 28, 2010 @ 8:37AMCompany recognized for exceptional growth, high achievementHOUSTON -- Integrated Mortgage Solutions,...
IMS Named Among Fastest Growing Houston-based Woman-Owned Businesses for Third Consecutive Year Wednesday, July 28, 2010 @ 8:01AMHOUSTON----Integrated Mortgage Solutions , a collateral protection resource for the mortgage servicing industry and the only woman-owned firm offering a seamless suite of secure, integrated services for the management of distressed portfolios, has been named one of 2010’s Fastest Growing Woman-Owned Businesses by the Houston Business Journal.
Genesis Housing Services Adds More Local Support to August 7 Phoenix Auction for First-Time Homebuyers Tuesday, July 27, 2010 @ 11:00PM“We’re delighted that Genesis Housing Services has joined us in this great initiative.” -- Chris Bowden, Vice President of HomeSteps.
East West Bancorp Reports 46% Increase in Earnings for the Second Quarter 2010 to $36.3 Million and Nonperforming ... Tuesday, July 27, 2010 @ 3:45PMPASADENA, Calif.----East West Bancorp, Inc. , parent company of East West Bank, one of the nation’s premier regional banks, today reported financial results for the second quarter of 2010.
First BanCorp Reports Financial Results for the Quarter Ended June 30, 2010 Tuesday, July 27, 2010 @ 8:00AMSAN JUAN, Puerto Rico----First BanCorp , the bank holding company for FirstBank Puerto Rico , today reported a net loss for the second quarter of 2010 of $90.6 million, or $ per diluted share, compared to a net loss of $107.0 million, or $ per diluted share for the first quarter of 2010 and a net loss of $78.7 million, or $ per diluted share for the second quarter of 2009.
Cascade Financial Announces Second Quarter Results; Reports Improved Credit Quality With a 28% Reduction in ... Wednesday, July 21, 2010 @ 3:00PMEVERETT, Wash. -- Cascade Financial Corporation , the parent company of Cascade Bank, today reported financial results for the second quarter ended June 30, 2010 which included improvements in overall credit quality metrics and further reductions of nonperforming loans and nonperforming assets in the quarter.
Banner Corporation Announces Second Quarter Results Wednesday, July 21, 2010 @ 3:00PMWALLA WALLA, Wash. -- Banner Corporation , the parent company of Banner Bank and Islanders Bank, today reported that it had a net loss of $4.9 million in the second quarter ended June 30, 2010, compared to a net loss of $1.5 million in the immediately preceding quarter and a net loss of $16.5 million in the second quarter a year ago.
Leading REO Brokerage Mercury Alliance Joins Keller Williams Wednesday, July 21, 2010 @ 2:14PMDenver - One of the region’s leading brokerages for bank-owned real estate (REOs) and short sales, the Mercury Alliance, has recently affiliated with Keller Williams Preferred Realty in Westminster (11859 Pecos St.) The REO “powerhouse” was recently ranked number #20 among all Denver-area real estate firms with sales of $59 million last year.
IMS and NAREB Collaborate to Create Opportunities for Underserved Monday, July 19, 2010 @ 8:01AMHOUSTON----Integrated Mortgage Solutions, the only woman-owned collateral protection firm offering a seamless suite of secure, integrated services for the management of distressed portfolios, has partnered with the National Association of Real Estate Brokers , the country’s oldest minority real estate trade association.
Freddie Mac, New Vista, REDC to Auction 135 Homes on August 7 in Phoenix to Boost First-Time Homeownership Friday, July 16, 2010 @ 1:00PMFreddie Mac , Â real estate auction specialist REDC, and New Vista today announced plans to auction 135 HomeStepsÂ®
People's United Financial Reports Second Quarter Earnings of $16 Million or $0.04 Per Share Thursday, July 15, 2010 @ 3:16PMPeople's United Financial, Inc. today announced net income of $16.0 million, or $0.04 per share, for the second quarter of 2010, compared to $13.6 million, or $0.04 per share, for the first quarter of 2010, and $25.3 million, or $0.08 per share, for the second quarter of 2009. Â Included in both this quarter's and first quarter's results are pre-tax merger-related, system conversion and one-time ...
Riverview Bancorp Earns $1.8 Million In First Quarter; Credit Quality Improves and Net Interest Margin Expands For ... Thursday, July 15, 2010 @ 3:00PMVANCOUVER, Wash. -- Riverview Bancorp, Inc. , the parent company of Riverview Community Bank , today reported that net income increased to $1.8 million, or $0.16 per diluted share, for the first fiscal quarter ended June 30, 2010, compared to $343,000, or $0.03 per diluted share, for the first quarter a year ago.
Clear Capital(TM): U.S. Home Prices Spring Forward Aided by Homebuyer Tax Credits Wednesday, July 7, 2010 @ 11:07PMFederal Homebuyer Tax Credits Magnify Springtime Price Gains as National Quarter-Over-Quarter Price Increases Reach 5.2%; Year-Over-Year Prices up 8.8%
Clear Capital(TM): U.S. Home Prices Spring Forward Aided by Homebuyer Tax Credits Wednesday, July 7, 2010 @ 11:00PMTRUCKEE, CA--(Marketwire - 07/08/10) - Clear Capital ( www.clearcapital.com ), a premium provider of data and solutions for real estate asset valuation, investment and risk assessment, today released its Home Data Index (HDI) Market Report. Patent pending rolling quarter technology significantly reduces the multi-month lag time associated with other indices to help ...
ClearMarkets Enters into Joint Venture with Keller Williams Global Property Solutions Group to Support Industry Need ... Tuesday, July 6, 2010 @ 9:03AMNEW YORK----ClearMarkets, LLC., a leading technology-based distressed real estate and loan disposition company, announced today the expansion of its existing distressed asset disposition services to now include access to the local knowledge base and support of over 78,000 residential and commercial real estate agents across America.
More Than 100 Bank-Owned Homes in Inland Empire to be Auctioned on July 24 by Bank of America, REDC and New Vista Friday, July 2, 2010 @ 3:41AMAuction is exclusively for owner-occupant homebuyers (PRWeb Jul 2, 2010) Read the full story at http://www.prweb.com/releases/2010/07/prweb4213744.htm
More Than 100 Bank-Owned Homes in Inland Empire to be Auctioned on July 24 by Bank of America, REDC and New Vista Thursday, July 1, 2010 @ 11:00PMAuction is exclusively for owner-occupant homebuyers
Seven New Clients Tap IMS for Property Repair and Field Services Tuesday, June 29, 2010 @ 8:00AMHOUSTON----Integrated Mortgage Solutions , a collateral protection resource for the mortgage servicing industry, announced today the addition of seven clients, which include traditional mortgage servicers, community banks and credit unions.
More Than 100 Bank-Owned Homes in Inland Empire to be Auctioned on July 24 by Bank of America and REDC Monday, June 28, 2010 @ 12:54PMReal estate auction specialist REDC and Bank of America today announced plans to auction more than 100 bank-owned homes in the Inland Empire. Â The auction will be open to homebuyers seeking a home as a primary residence, municipalities participating in the U.S.
Government's obsession with secrecy evident at Nama Sunday, June 27, 2010 @ 7:05PMBUSINESS OPINION:Like the Civil Service, asset agency’s position is that taxpayer has no right to know anything
We Save Homes, Inc., dba Servicers Direct, Strengthens Management Team With the Appointment of Robert Schaefers as ... Friday, June 25, 2010 @ 8:44AMIndustry Veteran Jim Watson Joins Board of Directors as New Director
We Save Homes, Inc., dba Servicers Direct, Strengthens Management Team With the Appointment of Robert Schaefers as ... Friday, June 25, 2010 @ 8:00AMANAHEIM, CA--(Marketwire - 06/25/10) - We Save Homes, Inc. (OTC.BB: WESA - News ), dba Servicers Direct, a company that provides a full-range of products and services for the mortgage default services industry, today announced the appointment of Mr. Robert Schaefers as President of the Company, which was effective May 26, 2010 and formally announced in a recent 8-K filing with the Securities and ...
Asset Plus Partners with J.P. Morgan for REO MF Buy Thursday, June 24, 2010 @ 5:03AMKINGWOOD, TX-A joint venture between Houston-based Asset Plus Cos. and institutional investors advised by J.P. Morgan Asset Management has acquired Harbor View Apartments out of foreclosure.
Cracks appear in a property empire stretching from Dublin to China Wednesday, June 23, 2010 @ 6:44PMBACKGROUND:NEWS FROM Real Estate Opportunities (REO) that it plans to spin off Battersea power station having booked a loss of close to £1 billion (€1.2 billion) for the 14 months to the end of February has thrown the spotlight on the financial health of the company, and that of Treasury Holdings, its majority shareholder.
GSA Designation Gives Green River Capital Opportunity to Expand Its Footprint Tuesday, June 22, 2010 @ 7:00AMSALT LAKE CITY----Green River Capital , an REO asset management and loss mitigation provider for mortgage servicers, investment firms and banking institutions, announced its schedule contract from U.S.
Townhomes in Bucktown Reduced By Up To $100,000 At Wabansia Row Tuesday, June 22, 2010 @ 2:06AMBig savings on townhomes in Bucktown (http://buildings.atproperties.com/07/wabansiarow/index.html) with large floor plans and high-end amenities (PRWeb Jun 22, 2010) Read the full story at http://www.prweb.com/releases/townhomes_in_bucktown/chicago_real_estate/prweb4173554.htm
Townhomes in Bucktown Reduced By Up To $100,000 At Wabansia Row Tuesday, June 22, 2010 @ 2:00AMBig savings on townhomes in Bucktown with large floor plans and high-end amenities
TenantAccess Appoints New Controller Tuesday, June 15, 2010 @ 7:30AMFinancial Industry Veteran to Oversee Growth Strategy for Expanding REO and Property Management Provider
Green River Capital Expands BPO Presence with Infinity Valuation Services Monday, June 7, 2010 @ 11:06AMDALLAS----Green River Capital , an REO asset management and loss mitigation provider for mortgage servicers, investment firms and banking institutions, announced at the 2010 REO Expo that it has leveraged its broker-priced opinion expertise to launch a full-service valuation company, Infinity Valuation Services .
IMS Joins Women in Default Services Monday, May 24, 2010 @ 8:11AMIntegrated Mortgage Solutions (IMS), the only woman-owned collateral protection firm offering a seamless suite of secure, integrated services for the management of distressed portfolios, announced today that it is now an official member of Women in Default Services Inc , ( WinDS ), the premier default servicing industry association by, for and about women. read more
IMS Joins Women in Default Services Monday, May 24, 2010 @ 8:00AMHOUSTON----Integrated Mortgage Solutions , the only woman-owned collateral protection firm offering a seamless suite of secure, integrated services for the management of distressed portfolios, announced today that it is now an official member of Women in Default Services Inc, , the premier default servicing industry association by, for and about women.
Gardenwood Apartments Fetch $2.9M From NY Buyer Friday, May 21, 2010 @ 4:12PMNew York-based Besyata Corp. has paid $2.9 million for the 152-unit Gardenwood Apartments at 4795 Hoover Drive in Raleigh.The sale closed May 17 but h...
APD Solutions, ETCREO Management & Halo Portfolio Advisors Join Forces in Unprecedented Alliance Monday, May 17, 2010 @ 3:22PMPartners to Offer One-Stop Suite of Services That Prevent Neighborhood and Portfolio Decline read more
APD Solutions, ETCREO Management & Halo Portfolio Advisors Join Forces in Unprecedented Alliance Monday, May 17, 2010 @ 3:09PMThe convergence of Wall Street and Main Street took a giant step forward today as APD Solutions, ETCREO Management and Halo Portfolio Advisors announced a strategic alliance that will take immediate action to stop neighborhood erosion and portfolio decline. Â The alliance was launched at the DARE Conference being held in Washington, DC.
Burlington Woods Office Park Auction Brings $33 Million Sunday, May 16, 2010 @ 2:00AMBurlington Woods Office Park Auction in Burlington, MA, Brings $33 Million
Rich Dad's 'Get smarter with your money' in Frisco on Saturday Friday, May 14, 2010 @ 12:44AMRobert Kiyosaki, author of the "Rich Dad, Poor Dad" book series, sees a dark cloud ahead because of taxes, especially on real estate.
Real Estate Company Surpasses Expectations Through New Marketing Strategy Wednesday, May 12, 2010 @ 11:15AMWhile most Real Estate companies have gone belly up in the past few years, there is one company that is sky rocketing in today’s real estate market. Sounds impossible? Not for Miami based Bertone International Realty who is selling REO properties at an average of 13% above asking price and in just 10 days!
We Save Homes, Inc. Strengthens Mortgage Default Services Capabilities With Real Estate Software Technology Wednesday, May 12, 2010 @ 8:11AMSoftware Offering to Help Meet Demand of Rapidly Growing Short Sale and Foreclosure Market Software Fully-Compliant With the FDIC and U.S. Government's Recently Implemented Home Affordable Foreclosure Alternatives (HAFA) Program
We Save Homes, Inc. Strengthens Mortgage Default Services Capabilities With Real Estate Software Technology Wednesday, May 12, 2010 @ 8:00AMIRVINE, CA--(Marketwire - 05/12/10) - We Save Homes, Inc. (OTC.BB: WESAE - News ) a company that provides a full-range of products and services for the mortgage default services industry, announced today that it has further strengthened its mortgage default services capabilities by licensing Software from Channel Inc., a Newport Beach-based company. Channel Inc.'s proprietary software will ...
Titanium Holdings Expands Presence to Puerto Rico with Titanium Loan Servicing of Puerto Rico Monday, May 10, 2010 @ 8:00AMFORT MILL, S.C.----Titanium Holdings, Inc., the parent company of Titanium Solutions, Inc., a provider of loss mitigation solutions, and Excellen REO, an REO asset management company, recently announced that it has expanded its presence into Puerto Rico with the launch of Titanium Loan Servicing of Puerto Rico.
Clear Capital(TM) Reports Slowing of National Quarterly Home Price Declines Wednesday, May 5, 2010 @ 11:12PMU.S. Quarter-Over-Quarter Home Prices Slow Their Descent, While Year-Over-Year Price Gains Remain Steady at 5.1%; National REO Saturation Increases Less Than a Percentage Point to 29.6%
Clear Capital(TM) Reports Slowing of National Quarterly Home Price Declines Wednesday, May 5, 2010 @ 11:00PMTRUCKEE, CA--(Marketwire - 05/06/10) - Clear Capital ( www.clearcapital.com ), a premium provider of data and solutions for real estate asset valuation, investment and risk assessment, today released its Home Data Index (HDI) Market Report. Patent pending rolling quarter technology significantly reduces the multi-month lag time associated with other indices to help ...
Mountain Real Estate Capital Announces First Five Opportunistic Acquisitions Monday, May 3, 2010 @ 7:12AMCHARLOTTE, N.C.----Mountain Real Estate Capital, the newly formed acquisition and investment affiliate of Mountain Funding, is pleased to announce the recent closing of its first five opportunistic acquisitions: $75 million equity partnership with GL Homes of Florida to acquire assets from a major financial institution.
WSFS Reports 1st Quarter Results Thursday, April 29, 2010 @ 3:10PMWSFS Financial Corporation , the parent company of WSFS Bank, reported net income of $514,000 for the first quarter of 2010. After subtracting preferred stock dividends, this resulted in a loss per common share of $0.03.
Riverview Bancorp Reports Fourth Quarter and Fiscal 2010 Results; Highlighted by Net Interest Margin Expansion, Core ... Thursday, April 29, 2010 @ 3:00PMFourth Quarter and Fiscal 2010 Highlights
East West Bancorp Reports First Quarter 2010 Earnings of $24.9 Million; Strong Credit Quality with Nonperforming ... Tuesday, April 27, 2010 @ 3:15PMPASADENA, Calif.----East West Bancorp, Inc. , parent company of East West Bank, one of the nation’s premier regional banks, today reported financial results for the first quarter of 2010.
First BanCorp Reports Financial Results for the Quarter Ended March 31, 2010 Monday, April 26, 2010 @ 9:48PMFirst BanCorp (the "Corporation”) (NYSE:FBP), the bank holding company for FirstBank Puerto Rico ("FirstBank”), today reported results for the quarter ended March 31, 2010. The net loss for the first quarter of 2010 totaled $107.0 million, or $(1.22) per diluted share, compared to a net loss of $53.2 million, or $(0.64) per diluted share, for the fourth quarter of 2009 and net income of $21.9 ...
First BanCorp Reports Financial Results for the Quarter Ended March 31, 2010 Monday, April 26, 2010 @ 9:41PMSAN JUAN, Puerto Rico----First BanCorp , the bank holding company for FirstBank Puerto Rico , today reported results for the quarter ended March 31, 2010. The net loss for the first quarter of 2010 totaled $107.0 million, or $ per diluted share, compared to a net loss of $53.2 million, or $ per diluted share, for the fourth quarter of 2009 and net income of $21.9 million, or $0.07 per diluted ...
IMS Recognized Among 50 Fastest Growing Woman-Owned Businesses in North America Monday, April 26, 2010 @ 8:01AMHOUSTON----Integrated Mortgage Solutions , a collateral protection resource for the mortgage servicing industry, has been named one of the 50 Fastest Growing Woman-Owned/Led Businesses in North America by the Women Presidents’ Organization .
Rich Dad's 'Get smarter with your money' in Frisco on Saturday Sunday, April 25, 2010 @ 12:49AMRobert Kiyosaki, author of the "Rich Dad, Poor Dad" book series, sees a dark cloud ahead because of taxes, especially on real estate.