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Where Oh Where Did My REO Go?

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REO SHORT SALE PROP MGMT NPL RESULTS... PERIOD. Adriana M Aleman, MBA Owner. Real Estate Broker REO, Short Sale, Prop Mgmt, & NPL Director Luxury Home Specialist Multimillion Dollar Producer Juris Doctorate Candidate 2015 Barry University Awarded #48 of Top 250 Latino Real Estate Agents in US! Advisory Board Member for The Force (Five Star/DS News)! 2704 Rew Cr 102 Ocoee FL 34761 (407) 654-9992 Office (321) 689-6258 Mobile (407) 574-2252 Fax Aaleman@FloridaDreamsRealty.com www.FloridaDreamsRealty.com http://Adriana.mfr.mlxchange.com SERVING METRO ORLANDO & CENTRAL FLORIDA MEMBER 86 the integrations, data management, decisionmaking, and workflow management required for current and emerging loan quality programs. Through the platform, lenders can now access new MI products through LPS to order rate quotes, eligibility and rate quote checks, and MI certificates. In a release, LPS said the automated orders will reduce processing time and result in fewer manual errors. The gateway can also manage a lender's MI vendor compliance rules, including bestfit formulas, and provide continuous access to MI carriers throughout the mortgage life cycle. Currently, several leading insurance carriers—including United Guaranty, Mortgage Guaranty Insurance Corporation, Essent Guaranty, and Radian, among others—are integrated with the LPS Loan Quality Gateway, offering lenders one source for MI carrier integrations. "This new enhancement offers lenders more accurate, standardized, and efficient selection of mortgage insurance, while helping them better meet the challenges of new regulations and requirements for overall loan quality," said LPS COO Dan Scheuble. "The new MI products offered through LPS are one more way we can help lenders and service providers work together toward a more transparent, data-centric loan origination process." NTC Recognized with 'Hire Power Award' for Job Creation Nationwide Title Clearing, Inc. (NTC), a post-closing services provider based in Palm Harbor, Florida, has added another entry to its list of achievements: earning Inc. magazine's Hire Power Award for its contribution to creating more American jobs. NTC took a spot on Inc.'s December 2012 Hire Power Awards list, a celebration of the fastest-growing privately held companies in the United States. NTC earned the seventh place among real estate companies, posting three-year growth of 85 percent, including the addition of 136 new jobs. According to a release, NTC now employs 325 total workers. The company also celebrated strides made in Employ Tampa Bay, an economic initiative promoting businesses in the area to help improve employment in the region. The initiative posits that if each of the companies in the Tampa Bay area were to hire at least one additional employee, an estimated 116,000 more residents would be put to work. So far, Tampa Bay companies have added 2,425 jobs. In addition, NTC won the Tampa Bay Times' Top Workplaces award two years in a row. "We strive to employ hard-working and dedicated individuals in our area who can contribute to NTC, our clients, and the industry," said CEO John Hillman. "It has been a rewarding experience to see the economic growth we have helped foster for both Tampa Bay and the nation." Hillman also noted that NTC's community service work increases with every hire as employees become involved with the company's charity work. "Hiring more employees means higher corporate social responsibility," he said. "Our volunteer activities are very important to us." Florida's Housing Market Maintains Upward Trend Florida's housing market continued its upswing into the new year, according to the latest housing data released by Florida Realtors. Statewide closed sales of existing singlefamily homes totaled 13,679 in January, up 11.7 percent year-over-year, the group reported. Meanwhile, pending sales—contracts signed but not yet completed or closed—for existing single-family homes rose 31 percent. Prices also rose: The statewide median sales price for single-family existing homes in January was $145,000, up 12.4 percent over January 2012. In addition, sellers received an average of 92.2 percent of their original list price, according to Florida Realtors chief economist Dr. John Tuccillo, who added that he was "particularly impressed with the rise in percentage of list price received by sellers." "This year started out strong for Florida's housing market," said Dean Asher, 2013 president of Florida Realtors. "Home sales continue to rise, mortgage rates remain near historic lows, and the inventory of for-sale homes is lower than it's been in years." Asher added that the time it takes to sell a home is dropping; the median days a home spent on the market declined about 15 percent for both single-family homes and for townhome-condo properties. However, he noted "overly restrictive credit requirements remain an obstacle for many potential buyers, who find it difficult to access affordable financing options."

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