The RepReport Site Syndication http://www.therepreport.com Fri, 21 Nov 2008 07:03:35 +0100 FeedCreator 1.7.2 http://www.therepreport.com/content/view/451/375/ Property Preservation Companies, Contact Companies and REO Companies Editorials - Staff Sat, 27 Sep 2008 08:35:11 +0100 http://www.therepreport.com/content/view/449/ DSNews Reports: The federal government has taken control of mortgage giants Fannie Mae and Freddie Mac. Treasury Secretary Henry Paulson said on Sunday that Fannie and Freddie posed a systemic risk to the economic health of the country and "cannot continue in their current form." Top executives at both companies have been dismissed, and the recently formed Federal Housing Finance Agency (FHFA) has been appointed conservator of the two GSEs, charged with reorganizing and rehabilitating their business affairs DSNews.com Newsflashes - Newsflash Sun, 07 Sep 2008 18:26:21 +0100 http://www.therepreport.com/content/view/447/ www.FieldInspectorTraining.com (http://www.fieldinspectortraining.com) is now online. Come join in our first online class with many more to follow. Newsflashes - Newsflash Thu, 04 Sep 2008 00:22:20 +0100 http://www.therepreport.com/content/view/446/ The Detroit News (http://www.detnew.com) reported: One dollar can get you a large soda at McDonald's, a used VHS movie at 7-Eleven or a house in Detroit. The fact that a home on the city's east side was listed for $1 recently shows how depressed the real estate market has become in one of America's poorest big cities. And it still took 19 days to find a buyer. The sale price of the home may be an anomaly, but illustrates both the depths of the foreclosure crisis in Detroit and the rapid scuttling of vacant homes in some of the city's impoverished neighborhoods. The home, at 8111 Traverse Street, a few blocks from Detroit City Airport, was the nicest house on the block when it sold for $65,000 in November 2006, said neighbor Carl Upshaw. But the home was foreclosed last summer, and it wasn't long until the vultures closed in, Upshaw said. The siding was the first to go. Then they took the fence. Then they broke in and took everything else. Report Cards - Company Report Cards Wed, 13 Aug 2008 19:21:16 +0100 http://www.therepreport.com/content/view/444/2/ MarketWatch.com (http://www.marketwatch.com) reports: ALISO VIEJO, Calif., Aug 05, 2008 /PRNewswire via COMTEX/ -- ModCo LLC, a California-based company seeking improved communications between servicers and borrowers, has launched ModCo Solutions, a new division created to help Mortgage Servicers cope with increasing foreclosures and changes in mortgage servicing laws. ModCo Solutions puts servicers and lenders in direct contact with borrowers, employing loss mitigation strategies and field services with a preemptive approach to default servicing. As foreclosures reach record levels, the firm seeks to provide the infrastructure for servicers to meet existing and new servicing regulations and reach out to more troubled borrowers before foreclosure is the only option. See the story here (http://www.marketwatch.com/news/story/modco-solutions-launches-operations-assist/story.aspx?guid= dist=hppr) News - Mortgage News Wed, 06 Aug 2008 10:15:04 +0100