The Industry Pulse: Updates on Black Knight, Schneiderman & Sherman, and More …

first_img The Best Markets For Residential Property Investors 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Previous: HUD Reaffirms Its Commitment to Hurricane Harvey Recovery Next: Homebuyers Stretching Budgets for the American Dream? Click through to learn more about announcements of crucial hires, the launch of new functionalities well as rewards and recognition for servicers in this weekly update.Black Knight, Inc., a provider of integrated software, data, and analytics to the mortgage and real estate industries based in Jacksonville, Florida, has entered into a strategic relationship with LERETA, LLC, a national provider of real estate tax and flood services for mortgage servicers based in Covina, California, to enhance tax reporting services to Black Knight’s MSP servicing system customers.The relationship will allow servicers on MSP to experience enhanced integration to improve data exchanges, a reduction in payment timeframes, the elimination of manual report entry errors, improved processing with unique functionality, greater accuracy, enhanced tax-specific processing, and an improved customer experience.“This alliance demonstrates our continuing commitment to driving innovation in property tax servicing,” said John Walsh, CEO of LERETA. “It also shows how the respective leaders in tax service and servicing systems can work together to improve this critical servicing function. Servicers using LERETA for tax on the MSP system will now have more automation and decrease in risk.”__________________________________________________________________Michigan-based Schneiderman & Sherman, PC, a regional law firm with over 35 years of experience, announced the hiring of Krystal Kirby in the role of Marketing Director.  Kirby will work under Neil Sherman, Managing Attorney.Prior to accepting the position, Kirby served as Director of Marketing for Michigan’s second largest real estate brokerage, Berkshire Hathaway HomeServices Michigan Real Estate. She will spearhead the firm’s marketing functions across all practices and business lines.Competitive landscape analysis, traditional and digital marketing, promotions, public relations, social media and event management will be some of Kirby’s key priorities for the firm. She will also be supporting philanthropic initiatives—a core value to both Schneiderman & Sherman and their new Marketing Director. Kirby is currently serving her first term on the Junior Board of Directors for the Bissell Pet Foundation. Her other affiliations include the American Marketing Association, Events Industry Council (the accrediting body for her CMP certification), and the Grand Valley State University Alumni Association.__________________________________________________________________California-based Quandis Inc., a default management mortgage technology provider has incorporated a new functionality into its Military Search service that empowers clients with the ability to easily customize real-time monitoring data analysis that is more explicitly and inclusive in nature. The new functionality returns the most granular searches in the industry for active military personnel along with detailed reporting.Called the Quandis Military Search (QMS), the solution verifies up-to-the-second information on active duty military status to help organizations comply with the Servicemembers Civil Relief Act (SCRA) of 2003, which has stringent rules and processes that must be followed before starting mortgage foreclosure proceedings on borrowers that hold active duty status in the United States military. Stiff fines, penalties, and lawsuits can result from active military personnel that is improperly pursued in the default process.__________________________________________________________________Seattle-based Zillow Group, Inc., which houses a portfolio of the real estate and home-related brands on mobile and web, announced Rich Barton, who co-founded Zillow in 2005 and served as the company’s CEO until 2010, has been named the new CEO.Barton has been Executive Chairman since stepping down as CEO. Co-founder of Zillow Group Lloyd Frink will now become executive chairman. Co-founder Spencer Rascoff will remain on Zillow Group’s board of directors. Rascoff has led Zillow Group as CEO from 2010 through its IPO, overseeing 15 acquisitions and growing the company from 200 employees to more than 4,000. Under his leadership, Zillow Group has consistently been recognized as among the best companies to work for, and its annual revenue has grown from $30 million to $1.3 billion. Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] in Daily Dose, Featured Tagged with: Black Knight PC Quandis Inc. Schneiderman & Sherman Zillow Group About Author: Donna Joseph The Week Ahead: Nearing the Forbearance Exit 2 days ago February 26, 2019 1,549 Views center_img Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago Black Knight PC Quandis Inc. Schneiderman & Sherman Zillow Group 2019-02-26 Donna Joseph Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / The Industry Pulse: Updates on Black Knight, Schneiderman & Sherman, and More … Share Save The Industry Pulse: Updates on Black Knight, Schneiderman & Sherman, and More …last_img read more

Top Markets for Home-Flipping Investors

first_img Picking the right market is key to flipping homes, and realtor.com examined where the highest percentages of home sales are for flipping or renting out.”Most of these midsized cities have strong job growth and lower home prices and a more relaxed lifestyle attracting millennials,” says Senior Economist George Ratiu of realtor.com.According to realtor.com, real estate investors purchased 7.7% of all homes in the second quarter of 2019, up 0.6% year-over-year, the most speculation the market has seen 2013.St. Louis is considered the most appealing destination for both flippers and landlords, with 18.8% of sales as investment properties. “Twenty years ago, [real estate investors] were all locals,” says St. Louis broker and landlord Dennis Norman of MORE Realtors. Now, “we have a lot of investors from California, from Colorado, and even international investors.”In St. Louis, investors can purchase a move-in ready, single-family rental in the $30,000 range, and rent it out for $750 to $800 a month to Section 8 tenants. However, maintenance costs can be high in these older homes, and tenant turnover is high.Following St.Louis is Birmingham, Alabama. Birmingham investment is propped up by affordable housing stock, above-average appreciation, and brisk sales. Most o the investors are local, unlike in St. Louis.”Birmingham is one of those markets that’s not really on the radar for those big multinational companies” or real estate investment trusts, says real estate and finance professor Alan Tidwell of the University of Alabama, in Tuscaloosa.Home investment is ticking up in Miami as well, 17% of sales to investors, up about 1.3% year-over-year. Unlike before the recession, however, realtor.com reassures investors and buyers that there are not a a lot of subprime mortgages this time. Many of these investors are mom and pop businesses, rather than larger companies as many institutional investors have left the market.”We’re on the verge of the next big wave of flipping,” says McCabe. “They’re able to make some nice profits [on single-family homes] because prices have shot up so high.” About Author: Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Share Save Home / Daily Dose / Top Markets for Home-Flipping Investors October 14, 2019 1,318 Views Previous: Freddie Mac Releases New Investment Tool Next: Studying the Affordability Crisis Across America Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Related Articles Demand Propels Home Prices Upward 2 days agocenter_img in Daily Dose, Featured, Investment, Market Studies, News The Best Markets For Residential Property Investors 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Flipping Investment Rental Sales Top Markets for Home-Flipping Investors Flipping Investment Rental Sales 2019-10-14 Seth Welborn The Best Markets For Residential Property Investors 2 days agolast_img read more

Major Impacts on Delinquency Rates Nationwide

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: Housing Growth Ticks Up Next: Mortgage Bankers are Making Higher Profits Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. November 27, 2019 2,184 Views Share Save Sign up for DS News Daily Home / Daily Dose / Major Impacts on Delinquency Rates Nationwide  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago amazon Delinquency Home Prices 2019-11-27 Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Delinquency rates have been going hand in hand with unemployment, according to the latest CoreLogic MarketPulse Report. In the report, Molly Boesel, Principal, Economist, Office of the Chief Economist at CoreLogic, notes that in August, four of the five states with delinquency rate increases also had increases in unemployment rates.“Job loss can trigger a loan delinquency, especially for families with limited savings,” said Dr. Frank Nothaft Chief Economist for CoreLogic. “The rise in overall delinquency in Iowa, Minnesota, Nebraska and Wisconsin coincided with a rise in state unemployment rates between August 2018 and August 2019.”The serious delinquency rate—defined as 90 days or more past due, including loans in foreclosure—was 1.3% in August 2019, down from 1.5% in August 2018. The serious delinquency rate for this August was below the average of 1.5% for the 2000–2006 pre-crisis period and far below the peak of 7.5% in February.Additionally, Minnesota, Iowa, Nebraska, North Dakota, Montana, New Hampshire, and Utah all saw increases in serious delinquency rates, or loans 90 days or more past due including loans in foreclosure.On a smaller scale, 47 metropolitan areas recorded small annual increases in overall delinquency rates in August. Some of the highest gains were in the Midwest and Southeast. Metros with the largest increases were Dubuque, Iowa (2.2 percentage points), Pine Bluff, Arkansas (1.1 percentage points), Goldsboro, North Carolina (0.6 percentage points) and Panama City, Florida (0.5 percentage points).The CoreLogic MarketPulse Report also identified how Amazon’s HQ2 search is impacting local housing. According to Deputy Chief Economist Ralph Ralph McLaughlin, after withdrew its intent to open in New York and focus on Crystal City, noting that in Virginia home markets, notably in and around Crystal City, home prices are rising much faster than last year.“While evidence is somewhat weak that the HQ2 announcement boosted the regional market, our zip code-level analysis shows a different story,” McLaughlin said. “Namely, that there is a correlation between proximity to the HQ2 site and the increase of home price appreciation over the past year. Of the top 10 zip codes with the largest increase in year-over-year growth rates, half are within a 5- mile distance of the HQ2 site and eight are within 10 miles.” in Daily Dose, Featured, Foreclosure, Loss Mitigation, Market Studies, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: amazon Delinquency Home Prices Major Impacts on Delinquency Rates Nationwide About Author: Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Subscribelast_img read more

Forbearance Activity Tracker Shows Uptick

first_imgHome / Daily Dose / Forbearance Activity Tracker Shows Uptick Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Forbearance activities rose by 1% this past week, says researchers at Black Knight, which tracks forbearances by the week.”We saw the number of mortgages in active forbearance rise by 31,000,” they said. “This increase was driven by limited extension and removal activity, along with an increase in forbearance starts. There were 50,000 forbearance removals this week, the lowest of any week during the recovery, while the 89,000 extensions were the fewest we’ve seen in nine weeks. We also saw about 33,000 new forbearance plans begin.”Black Knight’s McDash Flash data breaks down forbearances by FHFA, FHA, and other types of loans:For the month, initiated forbearance plans are up 15% in October compared to the month prior.”The rise driven by borrowers reactivating previously expired plans,” Black Knight reported. “New forbearance activations are down 7% from September, while re-activations are up 50%. This is most likely in reaction to the large volume of plans than were removed early in the month.”The report, updated each Friday, continued: “As of Oct. 27, the number of active forbearances has ticked back up over 3 million again for the first time since early October, representing approximately 5.7% of all active mortgages, up from 5.6% from last week. Together, they represent $619 billion in unpaid principal.”Almost 4% of all GSE-backed loans and 9.7% of all FHA/VA loans are now in forbearance plans.Reportedly, “Another 5.7% of loans in private label securities or banks’ portfolios are also in forbearance. Since last week, GSE forbearances have declined by 1,000, while FHA loans saw an increase of 14,000, with a jump of 18,000 among loans held in banks’ portfolios and private label securities. Of the just over 3 million loans still in active forbearance, more than 80% have had their terms extended at some point since March.””With 365,000 forbearance plans still set to expire in October, we could see increased levels of extension and removal activity in the coming weeks,” Black Knight reported. Check the blog weekly for new information. 2020-10-30 Christina Hughes Babb Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, News Related Articles Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. The Week Ahead: Nearing the Forbearance Exit 2 days agocenter_img Forbearance Activity Tracker Shows Uptick Previous: A Snapshot of FHFA’s Affordable Housing Goals Next: DS5: ‘Leveraging Technology’ in the Housing Industry October 30, 2020 1,343 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago About Author: Christina Hughes Babb The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily last_img read more

Highland’s Farming News – Thursday 3rd November

first_img Help sought in search for missing 27 year old in Letterkenny Highland’s Farming News – Thursday 3rd November Facebook 448 new cases of Covid 19 reported today WhatsApp Pinterest NewsPlayback NPHET ‘positive’ on easing restrictions – Donnelly Twitter Google+ Twitter News, Sport and Obituaries on Wednesday May 26th center_img WhatsApp By admin – December 3, 2015 Facebook RELATED ARTICLESMORE FROM AUTHOR A 15 Minute Programme presented by Chris Ashmore every Thursday at 7.05pm highlighting all that’s happening in the farming community in association with the Farming Independent.Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/12/Farming-56.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Google+ Previous articleCahoon found guilty of murdering pregnant ex-girlfriendNext articleDonegal included in latest Red Weather Warning as rain and winds are forecast admin Three factors driving Donegal housing market – Robinson Nine Til Noon Show – Listen back to Wednesday’s Programme Pinterestlast_img read more

Elvin jailed for five years on deception charges

first_img Pinterest Facebook 448 new cases of Covid 19 reported today Pinterest NPHET ‘positive’ on easing restrictions – Donnelly Previous articleMoville – Greencastle Road reopens to trafficNext articleWaterside development would create almost 3,000 jobs News Highland WhatsApp Calls for maternity restrictions to be lifted at LUH A 51-year-old man who defrauded seven people of a total of €177,000 they invested with him has been jailed for five years.After a five day trial last December, Thomas Elvin of Meencargagh, Ballybofey was convicted last year on 26 charges of acting as an investment business firm without authorization and deceiving clients of money.Last evening, his barrister, Desmond Murphy, told the court that he was a Christian man who wanted to make money so that he could do good works.Mr Murphy said there was no evidence he benefited personally from the misappropriation of monies.However, Judge John O’Hagan said this was an elaborate, sophisticated and deliberate deception of people. He said it was ironic that the company attracted the name Pear Shaped Resources because that is exactly what happened the venture.He sentenced Elvin to five years each on 12 charges and three years each on 14 charges, totalling 102 years, all the sentences to run concurrently. News Google+ Google+center_img WhatsApp Help sought in search for missing 27 year old in Letterkenny By News Highland – July 19, 2012 RELATED ARTICLESMORE FROM AUTHOR Facebook Elvin jailed for five years on deception charges Twitter Three factors driving Donegal housing market – Robinson Twitter Guidelines for reopening of hospitality sector publishedlast_img read more

O’Neill says representing the interests of teachers will be a key priority

first_imgNewsx Adverts By News Highland – May 18, 2010 Guidelines for reopening of hospitality sector published WhatsApp Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey O’Neill says representing the interests of teachers will be a key priority WhatsApp The new chair of the Donegal VEC says the priority for the committee during his term will be to ensure further funding for the county’s schools and teachers.FG Cllr Barry O’Neill was elected to the chair at yesterday’s AGM, he beat Bundoran FF Cllr Philip McGlynn to the position. His deputy is Labour Cllr Martin Farren who defeated FF Cllr Charlie McConologue.Councillor O’Neill has also welcomed a decision that will see changes in how teachers are selected for jobs in Donegal:[podcast]http://www.highlandradio.com/wp-content/uploads/2010/05/00barr830.mp3[/podcast] Previous articleMan convicted of sexually abusing three young girlsNext articleFormer detective felt compelled to write book on abuse in Raphoe diocese News Highland Facebook RELATED ARTICLESMORE FROM AUTHOR Google+center_img Pinterest Three factors driving Donegal housing market – Robinson LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Google+ Twitter Calls for maternity restrictions to be lifted at LUH Pinterest Almost 10,000 appointments cancelled in Saolta Hospital Group this week Facebook Twitterlast_img read more

New measures to force Irish Water payments are draconian – Cllr Gary Doherty

first_img Google+ By admin – June 27, 2015 WhatsApp Calls for maternity restrictions to be lifted at LUH The ‘We Wont Pay’ campaign is holding a bonfire at Limerick City Hall this afternoon to burn water bills.The group is touting it as the ‘biggest bonfire in the history of Limerick’.Yesterday the government published legal amendments to legislation to allow bills be deducted from wages or welfare.It’ll also force landlords to pay if tenants haven’t done so.A protest against the new measures will take place outside the Dail on Wednesday. Donegal Councillor Gary Doherty says the proposed law is draconian…………Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/06/garydocsat11.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Facebook LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton GAA decision not sitting well with Donegal – Mick McGrath Pinterest Pinterest Three factors driving Donegal housing market – Robinson Twittercenter_img Homepage BannerNews WhatsApp Twitter RELATED ARTICLESMORE FROM AUTHOR Previous articleDonegal County Council signs contract for two major road projectsNext articleListen Back to the latest Weekend Edition admin Nine Til Noon Show – Listen back to Wednesday’s Programme Google+ New measures to force Irish Water payments are draconian – Cllr Gary Doherty Guidelines for reopening of hospitality sector published Facebooklast_img read more

Tyrone woman refused bail in Peru

first_img Facebook 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report By News Highland – August 22, 2013 Pinterest Google+ Tyrone woman refused bail in Peru Facebook Twitter Two women accused of trying to smuggle cocaine out of Peru have been refused bail.Michaella McCollum from Co. Tyrone and Melissa Reid from Scotland claim they were forced to carry the drugs by an armed gang, but that has been questioned in court by prosecutors.Michaella’s lawyer Peter Madden, who’s in the capital Lima, says the women could spend years in custody ahead of a trial:[podcast]http://www.highlandradio.com/wp-content/uploads/2013/08/06madd1.mp3[/podcast] Dail hears questions over design, funding and operation of Mica redress scheme Google+ Need for issues with Mica redress scheme to be addressed raised in Seanad also center_img Pinterest WhatsApp WhatsApp RELATED ARTICLESMORE FROM AUTHOR News Minister McConalogue says he is working to improve fishing quota Twitter Previous articleMan arrested in connection with 2009 Derry murder on police bailNext articleDonegal Relay for Life raises just over €321,000 News Highland Man arrested in Derry on suspicion of drugs and criminal property offences released Dail to vote later on extending emergency Covid powerslast_img read more

Over 25% of people in Donegal are either hoarding or throwing out electrical waste

first_img Facebook WhatsApp Google+ Pinterest By admin – June 20, 2015 Pinterest Previous articleThree arrested in Donegal in relation to bomb attempt on policeman’s car in Derry released without chargeNext articleFirst night of rally weekend relatively quiet compared to previous years admin Dail hears questions over design, funding and operation of Mica redress scheme Homepage BannerNews Over 25% of people in Donegal are either hoarding or throwing out electrical waste RELATED ARTICLESMORE FROM AUTHOR Twittercenter_img Facebook Twitter WhatsApp Dail to vote later on extending emergency Covid powers Man arrested in Derry on suspicion of drugs and criminal property offences released Google+ 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report New figures show that last year 733 tonnes of electrical waste was recycled in Donegal but still over a 1/4 of people in the county are either hoarding or throwing out electrical waste.The figures compiled by WEEE Ireland show an average of almost 5kg of electrical waste recycled per person in Donegal in 2014, over the EU target of 4kg per head.Elizabeth O’Reilly, Head of Compliance in WEEE Ireland says that while Donegal people are recycling, the figure could be improved greatly:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/06/lizzy10.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Need for issues with Mica redress scheme to be addressed raised in Seanad also Minister McConalogue says he is working to improve fishing quota last_img read more