DS News - Digital Archives

Resolution In Bankruptcy

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

Issue link: http://digital.dsnews.com/i/112425

Contents of this Issue

Navigation

Page 106 of 115

�� Texas rank: 46 90+ Day Delinquency Rate Foreclosure Rate december 2012 2.55% Unemployment Rate 1.18% 6.1% year ago 2.95% 1.48% 7.4% percent point change -13.7% -20.2% -17.6% Top County LimesTone CounTy 90+ Day Delinquency Rate Foreclosure Rate december 2012 1.50% 2.87% year ago 1.82% 2.67% percent point change -17.8% 7.4% Top Core-Based statistical Area snyder, TX 90+ Day Delinquency Rate Foreclosure Rate december 2012 2.56% 2.35% platform and rebrand ESS as Solutionstar Settlement Services. ESS provides appraisal, title insurance, and settlement services, and employs more than 130 people in Coraopolis, Pennsylvania, and Frisco, Texas. ���Combined with our asset management and recovery businesses, ESS brings critical capabilities and an experienced management team that will greatly enhance the value of Solutionstar,��� said Nationstar CEO Jay Bray in a release. ���In support of our strategy to further broaden our real estate services offering across the entire mortgage lifecycle, we will continue to pursue strategic acquisitions of fee-based services companies that meet our return thresholds.��� 2.40% percent point change -38.6% -1.7% note: The 90+ Day delinquecy rate is the percentage of outstanding mortgage loans that are 90plus days delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the December 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary December 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. Texas Danny Norwood Legacy Real Estate 432-413-2764 cell danny@dannynorwood.com www.dannynorwood.com IN THE NEWS Nationstar Announces Acquisition of Equifax Settlement Services Nationstar Mortgage Holdings, Inc., a Texas-based residential mortgage services company, announced the acquisition of Equifax Settlement Services Holding, LLC, (ESS) February 7. Nationstar revealed plans to combine ESS with its Solutionstar ���Experience is the Difference��� KB Home, Nationstar Partner to Form Mortgage Company Servicing all of Central Texas One of the nation���s largest homebuilders is partnering up with one of the fastestgrowing mortgage holding companies to create a new entity. In a joint announcement, KB Home and Nationstar Mortgage, LLC, announced an agreement to form Home Community Mortgage, LLC, a limited liability company offering a range of mortgage banking services to KB Home customers. As KB Home���s preferred lender, Nationstar has served homebuyers on-site in the builder���s communities across the country. According to the announcement, Nationstar will remain KB Home���s preferred choice until Home Community Mortgage���s launch, which is scheduled for the latter half of 2013. ���Creating Home Community Mortgage with Nationstar is the natural progression of our successful alliance,��� said Jeffrey Mezger, president and CEO of Los Angeles-based KB Home. ���As our relationship with Nationstar has evolved, we have been very pleased with the alignment of the values of our two companies, particularly our shared focus on achieving world-class customer service.��� The new company represents another step in growth for Texas-based Nationstar, which announced in January an agreement to acquire approximately $215 billion in servicing rights from Bank of America. The firm currently stands as one of the largest non-bank mortgage servicers in the country with a portfolio of approximately $425 billion and more than 2.5 million customers. �� All Licensed Real Estate Team Approach �� REO Sales Experts �� BPOs �� In-House Legal Department �� Oversee Trash Outs �� Cash For Keys �� Evictions �� Bids & Repairs year ago 4.16% VISIT US ONLINE @ DSNEWS.COM www.HouseGals.com Michelle Sheehan, Broker 512-251-4950 (Direct Line) HouseGals@gmail.com 1420 Hwy 685 P���ugerville, TX 78660 512-989-1094 (Fax) The ���Original��� HouseGals 105

Articles in this issue

Links on this page

view archives of DS News - Digital Archives - Resolution In Bankruptcy