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The pinnacle in Southern California REO service since 1994. Rick Stern Valleys, and ares of West Los Angeles Fernando Valley, Conejo, Simi and Santa Clarita Serving Los Angeles and Ventura counties; San » Over 130 million dollars in REO'S managed and Sold since 2008 » Experienced and dependable vendors to complete the presale process in a timely fashion » Knowledgeable and Licensed staff experienced to navigate through all REO systems » Hands on and available at all times » One of Southern California's top REO teams Service at its peak! of the Homeowner Bill of Rights, AB 2314, which gives local governments and receivers various tools to fight neighborhood blight caused by foreclosed homes. In addition, Brown enacted two other division of First American Title Insurance Company and provides origination and default solutions. bills in June that provide protections for borrowers and struggling homeowners by restricting dual-tracked foreclosures and forc- ing lenders to guarantee distressed borrowers a single point of contact to discuss their loan. A sixth bill designed to protect tenants in foreclosed homes already received lawmak- ers' stamp of approval and as of September 17, only needed Gov. Brown's signature. Harris says the entirety of the Home- owner Bill of Rights stems from the need to help homeowners and implement the sorts of reform that were outlined in the national mortgage settlement. "The entire Homeowner Bill of Rights Move Inc. Expands Product Lines with Acquisition of TigerLead legislative package will ensure fair lending and borrowing practices for California home- owners," Harris said. "California has been at the epicenter of the foreclosure crisis, and this package of legislation will help affected homeowners, tenants, and neighborhoods." Once signed into law, all aspects of the legislative package will take effect at the start of 2013. First American and Home LoanPort Form Alliance American Title Insurance Company has partnered with Hope LoanPort, a nonprofit that works to help struggling homeowners find alternatives to foreclosure, to integrate First American's property-level collateral data, which includes lien priority insurance information and property valuations, with the Hope LoanPort platform. Servicers utilize the platform to find out The mortgage services division of First Rick Stern Licensed Broker SRAR, CLAW, VCMLS, NAR Pinnacle Estate Properties Inc. 17327 Ventura Blvd. #100 Encino, CA 91316 Cell: 818.970.3086 Offi ce: 818.933.3101 Fax: 818.302.3101 what options exists for borrowers facing fore- closure. By having access to First American's data, servicers will receive a foreclosure alter- native package from a single source, allowing for a more efficient process when assisting borrowers, the companies explained. "Servicers today are seeking to maximize Solutions, LLC, a lead generation and lead management system for the real estate indus- try. The TigerLead platform gives real estate professionals a tool to manage their buyer and seller leads, and for brokers and teams, the platform provides an enterprise lead management system that offers around-the- clock visibility into the team's lead follow-up performance. The platform also helps agents generate Move, Inc., has acquired TigerLead leads with the inclusion of unique insights, such as how many times a user has returned to the site, preferred price ranges, and the amount of times homes are viewed. "TigerLead has built a powerful platform that delivers real results, and we will continue to provide a strong return on investment for our clients, enhance the strengths of our product offering, and respond to all of our customer needs," said Howard Tager, co- founder of TigerLead. The TigerLead team will remain, with co-founders Tager, Art Sawyer, and Adam Ingersoll continuing to run the TigerLead business. The purchase price to acquire TigerLead was $22 million cash and will be reflected in Move's third-quarter financial statements. Based in Campbell, California, Move op- erates a number of real estate-related product lines, including Realtor.com, ListHub, and Top Producer CRM. Coalition Says Servicers Need to Step Up Principal Reduction Efforts Erealty@aol.com | RickStern.com home retention. Having quick access to complete, accurate information simplifies the review process and facilitates better communi- cation with their customers," said Eric Fried- man, chief operating officer for First Ameri- can Mortgage Services' default segment. Headquartered in Santa Ana, Califor- nia, First American Mortgage Services is a 82 Oversight may be satisfied with servicers' progress addressing problems in the foreclosure process, not all organizations share that view. The California Reinvestment Coalition While the Office of Mortgage Settlement (CRC) issued a statement in late August criticizing mortgage servicers for going back to "business as usual," forgoing principal reduction efforts and prioritizing short