Industry News - Loss Mitigation
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04-27-2010 - Five Brothers Introduces QuickData HUD P260 Bid Data Input Service
Warren, Michigan-based Five Brothers, a nationwide provider of commercial and residential mortgage default management solutions, today announced the release of its QuickData(TM) HUD P260 bid data
 
04-26-2010 - Mortgage Fraud Continues to Climb According to LexisNexis(R) Mortgage Asset Research Institute
Reported incidents of mortgage fraud and misrepresentation by professionals in the mortgage industry in the U.S. are continuing to climb and increased by 7 percent from
 
04-26-2010 - DataVerify DRIVE Technology Available to Help Lenders Comply with New Fannie Mae (LQI) Requirements
DataVerify today announced features available through its breakthrough DRIVE technology to help mortgage lenders nationwide comply with a host of new Fannie Mae guidelines. Fannie Mae recently
 
04-21-2010 - DJSP Enterprises, Inc. to Handle Processing for National Foreclosure Alternative Program for Leading Mortgage Lender
DJSP Enterprises, Inc., (Nasdaq: DJSP) one of the largest providers of processing services for the mortgage and real estate industries in the United States, today announced
 
04-20-2010 - First American CoreLogic Announces Partnership with The Prieston Group
-- First American CoreLogic, a member of The First American Corporation (NYSE: FAF) family of companies and America's largest provider of advanced property and ownership information,
 
04-19-2010 - DJSP Enterprises, Inc. Announces Agreement to Acquire Timios, Inc., Expand Presence Into 38 States
DJSP Enterprises, Inc. (Nasdaq: DJSP, DJSPW, DJSPU), one of the largest providers of processing services for the mortgage and real estate industries in the United States,
 
04-19-2010 - Foreclosures Up by 7% During First Quarter
Bank Foreclosures Sale, an online leader in the foreclosure listings and information industry, reported new statistics for the first quarter show foreclosures are up 7% from
 
04-15-2010 - Freddie Mac Names Anthony Renzi As EVP of Single Family Portfolio Management
Freddie Mac (NYSE: FRE) today named Anthony (Tony) Renzi to the newly created position of executive vice president of single-family portfolio management. Renzi is a 24-year
 
04-12-2010 - Bank of America Completes Nearly 33,000 Permanent Home Affordable Modifications, More Than 12,000 in Past Month
Bank of America has placed nearly 33,000 struggling homeowners into completed mortgage modifications with affordable payments under the federal government's Home Affordable Modification Program (HAMP), including
 
04-12-2010 - Edward Delgado to Join The Five Star Institute As CEO
The Five Star Institute (FSI), an education provider that offers professional guidance and a specialization in working with defaulted real estate, is pleased to announce that
 
04-01-2010 - RoundPoint Financial Group Purchases a Stake in $490 Million in Residential Mortgage Loans from FDIC; Arrangement Designed to Maximize Value Through Assisting Distressed Homeowners
RoundPoint Financial Group announced today that one of its subsidiaries has purchased from the Federal Deposit Insurance Corporation ("FDIC") a 50 percent stake in $490 million
 
03-19-2010 - FlatWorld Capital's Affiliate, DAL Group, LLC, Completes Its Business Combination with Chardan 2008 China Acquisition Corp. to Become DJSP Enterprises, Inc.
FlatWorld Capital LLC, a New York and Hyderabad, India based global private equity firm, and its affiliates announced today that their affiliated subsidiary, DAL Group, LLC,
 
03-17-2010 - Equator Launches HAFA Solution
Equator, the country's leading software provider of default servicing solutions, announces the launch of its Home Affordable Foreclosure Alternatives (HAFA) software solution, which will coincide with
 
03-15-2010 - Equator Surpasses 125,000 Active Short Sales
Equator, the country's leading software provider of default servicing solutions, announced today that their platform is automating over 125,000 active Short Sales. Equator is the first
 
03-15-2010 - Lender Processing Services' February 2010 Mortgage Monitor Report Shows Pace of Delinquencies Slowing, but Delinquency Rates at All-Time Highs
The February 2010 Mortgage Monitor report, released by Lender Processing Services, Inc. (NYSE: LPS), a leading provider of mortgage performance data and analytics, shows that while
 
03-12-2010 - DJSP Enterprises, Inc. Reports Revenue of $260.3 Million and Adjusted Net Income of $44.6 Million for 2009
DJSP Enterprises, Inc. (Nasdaq: DJSP, DJSPW, DJSPU), one of the largest providers of processing services for the mortgage and real estate industries in the United States,
 
03-11-2010 - DJSP Enterprises, Inc. Reports Revenue of $260.3 Million and Adjusted Net Income of $44.6 Million for 2009
DJSP Enterprises, Inc. (Nasdaq: DJSP, DJSPW, DJSPU), one of the largest providers of processing services for the mortgage and real estate industries in the United States,
 
03-11-2010 - DJSP Enterprises, Inc. Announces Conference Call to Discuss Fourth Quarter and Year End 2009 Results
DJSP Enterprises, Inc., (Nasdaq: DJSP) one of the largest providers of processing services for the mortgage and real estate industries in the United States, announced today
 
03-03-2010 - DJSP Enterprises, Inc. Names Matthew Kayton as Executive Vice President and Chief Strategy Officer
DJSP Enterprises, Inc., (Nasdaq: DJSP) one of the largest providers of processing services for the mortgage and real estate industries in the United States, today announced
 
03-02-2010 - PartnerFirst and ServiceLink Partner to Provide Mortgage Servicers, Homeowners, and Real Estate Agents a Streamlined Short Sale Solution
PartnerFirst, LLC announced today its partnership with ServiceLink. Both companies have combined resources to provide a "one-stop shop" solution to national mortgage servicers and homeowners
 
02-24-2010 - Freddie Mac Releases Fourth Quarter and Full-Year 2009 Financial Results
-- Summary Fourth quarter 2009 net loss was $6.5 billion. After the dividend payment of
 
02-17-2010 - DJSP Enterprises, Inc. to Present at Roth 22nd Annual OC Growth Stock Conference
DJSP Enterprises, Inc., (Nasdaq: DJSP) one of the largest providers of processing services for the mortgage and real estate industries in the United States, today announced
 
02-16-2010 - The PMI Group, Inc. Reports Fourth Quarter and Year End 2009 Financial Results
The PMI Group, Inc. (NYSE: PMI) today reported a loss from continuing operations for the fourth quarter of 2009 of $228.2 million, or $2.76 per basic
 
02-10-2010 - Chrisley Asset Management Announces New Services to Offer Loss Mitigation to Clients
Chrisley Asset Management, an industry leader in default management, today announced the integration of short sales and loan modification to clients that will streamline the process
 
02-10-2010 - DJSP Enterprises, Inc. Reports Revenue of $189.8 Million and Adjusted Net Income for Nine Months Ending September 30, 2009 of $32.4 million
DJSP Enterprises, Inc. (Nasdaq: DJSP, DJSPW, DJSPU), one of the largest providers of processing services for the mortgage and real estate industries in the United States,
 
02-09-2010 - DJSP Enterprises, Inc. Reports Revenue of $189.8 Million and Adjusted Net Income for Nine Months Ending September 30, 2009 of $32.4 million
DJSP Enterprises, Inc. (Nasdaq: DJSP, DJSPW, DJSPU), one of the largest providers of processing services for the mortgage and real estate industries in the United States,
 
02-09-2010 - DJSP Enterprises, Inc. Announces Conference Call to Discuss Third Quarter 2009 Results
DJSP Enterprises, Inc., (Nasdaq: DJSP) one of the largest providers of processing services for the mortgage and real estate industries in the United States, announced today
 
02-04-2010 - Fifth Third Mortgage Company Government Modification Conversion Rate Near 35 Percent
When the Obama Administration introduced the comprehensive Home Affordability and Stability Plan in March 2009, the goal was to provide refinance and modification options for millions
 
02-04-2010 - GMAC Financial Services Reports Preliminary Fourth Quarter and Full-Year 2009 Financial Results
GMAC Financial Services today reported a net loss of $5.0 billion for the fourth quarter of 2009, compared to net income of $7.5 billion for the
 
01-19-2010 - DJSP Enterprises, Inc. Securities Begin Trading Today on the NASDAQ Global Market Under the Symbols DJSP, DJSPU and DJSPW
--The ordinary shares, units and warrants of DJSP Enterprises, Inc. begin trading today on the NASDAQ Global Market under the symbols DJSP, DJSPU, and DJSPW, respectively,
 
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