Industry News - Default Servicing News
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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
 
04-21-2010 - 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
 
04-19-2010 - 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,
 
04-12-2010 - 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
 
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,
 
03-12-2010 - 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. 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
 
03-11-2010 - 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,
 
03-03-2010 - 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
 
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
 
02-10-2010 - 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
 
01-26-2010 - MGIC Investment Corporation Reports Fourth Quarter 2009 Results
MGIC Investment Corporation (NYSE: MTG) today reported a net loss for the quarter ended December 31, 2009 of $280.1 million, compared with a net loss of
 
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,
 
01-13-2010 - Five Star Institute Hosts First-Ever Commercial Default 360 Forum
The Five Star Institute (FSI), an education provider that offers professional guidance and a specialization in working with defaulted real estate, will host its first Commercial
 
01-11-2010 - Shareholders Approve Acquisition of DAL Group, LLC
-- Chardan 2008 China Acquisition Corp. (Nasdaq: CACA, CACAU, CACAW) today announced that shareholders approved the acquisition of a controlling interest in DAL Group, LLC ("DAL")
 
12-21-2009 - GreenPath Debt Solutions Sees 58% Increase In NYC Clients and 52% Increase in NY State Clients With Past Due Mortgages in 2009 Versus 2008
GreenPath Debt Solutions, a nonprofit consumer credit counseling service with seven offices in the greater New York City area, recently released mortgage delinquency data regarding its
 
12-14-2009 - Chardan 2008 Announces Its Acquisition
-- Acquisition Target Company Highlights One of the largest providers of processing services for mortgage lenders
 
12-09-2009 - Fattah's Emergency Mortgage Assistance Plan for the Jobless Moves Close to House Passage
A $3 billion emergency mortgage assistance program for unemployed homeowners authored by Congressman Chaka Fattah (D-PA) and based on a successful Pennsylvania program that Fattah helped
 
12-09-2009 - GreenPath Debt Solutions Sees 32 Percent Increase in Michigan Clients With Past Due Mortgages in 2009 Versus 2008
GreenPath Debt Solutions, a nonprofit consumer credit counseling service headquartered in Farmington Hills, recently released data related to concerns from Michigan home owners about mortgage delinquency. GreenPath,
 
11-18-2009 - Menlo Park, CA Funds Innovative Public-Private Partnership to Fight Residential Foreclosures
The City Council of Menlo Park, in an effort to stem the rising tide of home foreclosures and enhance neighborhood stability, has voted to allocate $1
 
11-10-2009 - DS News Opens Washington Bureau, Relocates Corporate Headquarters to Accommodate Growth
DS News magazine and its online counterpart, DSNews.com, the leading sources for industry news, emerging trends, and savvy business know-how for mortgage default servicing professionals nationwide,
 
10-16-2009 - MGIC Investment Corporation Reports Third Quarter 2009 Results
-- MGIC Investment Corporation (NYSE: MTG) today reported a net loss for the quarter ended September 30, 2009 of $517.8 million, compared with a net loss
 
10-05-2009 - Non-Profit Tracks Pressures of NYC's Economic Crisis on Housing and Home Ownership in the City
According to the Center for New York City Neighborhoods, Inc. (CNYCN), data collected over a 13-month period reveals that of 4,652 homeowners who sought free mortgage
 
09-21-2009 - NYC Consumer Affairs Commissioner Jonathan Mintz Joins the Board of The Center for New York City Neighborhoods
The Center for New York City Neighborhoods (CNYCN) announced that Jonathan Mintz has joined its Board. Mr. Mintz was appointed Commissioner of the Department of Consumer
 
08-27-2009 - National Collaboration Turns Foreclosures Into Opportunities
In an unprecedented move, leaders from the nonprofit sector, philanthropic community, financial industry and government have joined forces in creating a highly innovative and effective approach
 
08-11-2009 - Home Values Flatten in Short Term; Yearly Declines Shrink, but High Rates of Foreclosure, Negative Equity Expected to Delay True Recovery
-- Key facts: U.S. Home values fell 12.1 percent year-over-year, marking the 10th consecutive quarter of
 
07-30-2009 - Investors Line Up But U.S. Distressed Debt Market is Slow to Develop, According to Ernst & Young LLP's Latest Survey
Long lines of cash-rich investors are forming around what some believe could be the biggest distressed debt sales market since the days of the U.S. savings
 
06-18-2009 - DS News' Distressed Asset Roundtable and Exchange Brings Mortgage Default Servicing to Investors
Last month, DS News, the only news source dedicated entirely to the residential mortgage default servicing industry, hosted the first-ever Distressed Asset Roundtable and Exchange (DARE)
 
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