The Rep Report - October 2007

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Housing Crisis To Worsen

Housing Crisis To Worsen
The U.S. subprime crisis is likely to get worse, d
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Countrywide CEO

Washington Mutual

Washington Mutual 3rd Qtr. Down 75%
Washington Mutual, Inc. (NYSE:WM) announced today
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Atlanta Neighborhoods

Atlanta Neighborhood Has 42% of Homes Boarded Up
11Alive.com reports concerned Atlanta residents ha...

MCS Personnel Changes

MCS Announces Key Personnel Changes
An article in Default Servicing News announced maj
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Snoopers and Blabbers

Snoopers and Blabbers
As technology changes, Gulf Thunder Corporation ch
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October 2007

New articles...

Solutin To Falling Fees
Is This The Solution To Falling Fees I think I have finally come up with some really good information to share with you. Well, maybe not information. More like an idea - but a real good one.

Vacant Properties
Are Vacant Properties Really Vacant An article in the Miami Herald may have you changing the results on your inspection forms. Over the weekend, organizers helped move one homeless man into a private one-bedroom unit with a permanent r ...

Prime Rate Loans
Are Prime Rate Loans Going Bad An article at Wall Street Journal Online gives more reason for keeping watch on the mortgage industry: Some loans classified as prime when they were originated are now going bad at a rapid pace. Sto...

Countrywide Home Preservation Program
Countrywide Announces a $16 Billion Comprehensive Home Preservation Program A CountryWide Press Release Announced a $16 Billion Comprehensive Home Preservation Program. - Enhanced focus on rate resets will benefit more than 80,000 borrowers - CALABASAS, Calif., Oct 23, 2...

Face-to-Face
MCS Offers Vendors Face-to-Face Interaction An article in Default Servicing News quoted Allan Martin, CEO of MCS: “Our vendors are paramount to oursuccess – particularly in an environment where demand for our services grows stronger...

Saxon Mortgage
Saxon Mortgage To Buy Servicing Rights From NovaStar NovaStar Financial, Inc. said late today that it will sell its entire servicing rights to Saxon Mortgage Services, Inc.