Government

Michigan Paves the Way with Creative Techniques to Legally Avoid Costly Delays, Hasten Foreclosure and REO Sales When it comes to loss mitigation, quicker is almost always better. If the ultimate goal of every foreclosure is a clean, quick REO sale, avoiding delay by using creative methods can substantially improve results.

All the turmoil in today’s mortgage banking sector has made the need for qualified loss mitigation professionals much more poignant. The Mortgage Bankers Association (MBA) says its education platform, CampusMBA, is prepared to meet this need through the launch of a new instructor-led workshop focusing on the practice of loss mitigation.

Shelton, Connecticut-based Clayton Holdings Inc., a platform dedicated to providing advanced analytics for lending firms, capital market institutions and investors, confirmed with DSNews.com on Monday that it will be assisting the New York Attorney General’s Office in its case against major Wall Street firms, who are accused of not properly disclosing risky subprime loans to investors.

Tampa, Florida-based Mortgage Contracting Services, a property preservation and inspection services provider, has added Gae E. Craig and Borda Jones to its management team. Craig and Jones will serve in the roles of vice president of human resources and marketing manager, respectively.

Santa Ana, California-based Data Tree, LLC, a provider of recorded land documents and a part of The First American Corp., announced the release of DocEdge.com™ this week. The company describes DocEdge.

Suzanne Whang, HGTV television host of House Hunters and home-buying author, has parterned with the Mortgage Bankers Association to promote the trade group’s Home Loan Learning Center next month during National Homeownership Month.