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- C-BASS Joins ALLTEL's Default Services Network As Provider Of Special Servicing
- NEW YORK--BUSINESS WIRE--October 27, 1998--C-BASS, a recognized leader in loss mitigation solutions, today announced that it has joined the ALLTEL Default Services Network. Alltel's Default Services Network will allow its CPI clients, through a bi-directional data link, to interface seamlessly with third party specialists, including loss mitigation firms, foreclosure attorneys,...
- Research articles 1998-10-27
- Itron to Acquire Flow Metrix, Inc.; Developer of Advanced Solutions for Water Loss Mitigation and Pipeline Integrity Management
- SPOKANE, Wash. -- Itron Inc. (NASDAQ:ITRI) announced today that it has entered into a letter of intent LOI to acquire all of the outstanding capital stock of Flow Metrix, Inc. in a cash-for-stock merger. Upon successful completion of negotiations and due diligence, the parties intend to sign definitive agreements and...
- Research articles 2006-08-15
- TPG Announces Record Results for Client Loss Mitigation Efforts
- SAN RAFAEL, Calif. -- The Prieston Group TPG announced today that monthly cash and negotiated settlements proceeds paid by mortgage fraudsters exceeded $400,000 for the benefit of TPG clients during the month of January, 2005. The law firm of Lanahan & Reilley, LLP, which provides legal services in support of...
- Research articles 2005-02-01
- Financial products probe expanding.(Income Smoothing Gets Scrutiny)
- THE SECURITIES AND EXCHANGE Commission's probe into company purchases of insurance products to improperly improve their financial picture has been joined by the office of New York Attorney General Eliot Spitzer--and the two agencies have been busily THE SECURITIES AND EXCHANGE Commission's probe into company...
- Research articles 2004-11-22
- Genworth Financial, Inc. 3Q09 (Qtr End 9/30/09) Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions We will take our first question comes from Mark Finkelstein with FPK. Mark Finkelstein - Fox-Pitt, Kelton Hey good morning. I just wanted to dive a little bit more into the I guess the reserve per delinquency at the US semi company. I guess what...
- Earnings calls 2009-10-30
- Transaction Liability Products: Opportunities in Bankruptcy Situations : Part III
- Even in the face of improving economic indicators, it is not expected that the current wave of bankruptcies will end anytime soon. This article addresses opportunities for Loss Mitigation programs. As much of an insurance strategy as a specific insurance product, Loss Mitigation refers to the use of insurance to...
- White papers 2003-01-01
- Pre-Foreclosure Sale Negotiation - Tricks For Pre-Foreclosure Investors
- In short sale investing, one of the biggest challenges you'll face are negotiations with the bank. Putting together a short sale deal can be lengthy and involve a lot of preparation. Plus, you'll need to work with the bank to come to a price you can both agree on. You'll...
- White papers 2008-01-01
- Loss Mitigation In A Turbulent Economy: Strategies For Mortgage Service Providers
- Credit cards, home equity loans, and sales finance portfolios have experienced vacillating delinquencies and losses over the last 10 years, resulting in an overall increasing trend in delinquency and charge-off rates. It also appears real estate loans have not experienced these same vacillations until 2007. Because large numbers of mortgages...
- White papers 2009-02-11
- Life After Loss Mitigation: Foreclosure And REO Operations - Strategies For Mortgage Servicers
- The U.S. mortgage industry has experienced a tremendous amount of turbulence in recent years, and because of the depth of the current financial crisis, the situation is only expected to get worse. The rapid devaluation of home values across the United States has exposed mortgage lenders and servicers to previously...
- White papers 2009-03-16
Additional Resources
- FEMA touts loss mitigation efforts.
- Programs focus on flood risks and disaster-prone areas RODD ZOLKOS ORLANDO, Fla. - Because predisaster loss mitigation efforts have proved their worth in reducing the costs of natural disasters, federal disaster officials hope to join with the i Programs focus on...
- Research articles 1998-10-12
- FEMA touts loss mitigation efforts. (Federal Emergency Management Agency)
- Programs focus on flood risks and disaster-prone areas ORLANDO, Fla. - Because pre-disaster loss mitigation efforts have proved their worth in reducing the costs of natural disasters, federal disaster officials hope to join with the insurance industry Programs focus on flood risks and disaster-prone areas ORLANDO,...
- Research articles 1998-10-12
- AllRegs Academy's Loss Mitigation Class Features Guest Speakers from FHA, VA, Fannie Mae, Freddie Mac, USDA and Hope Now
- Instructors include professionals from Cenlar, AIG and Bradley Arant EAGAN, Minn. -- Fluctuations in the mortgage industry are projected to continue throughout the year. These events will impact how organizations address loan resets, delinquencies, defaults and foreclosures. Now is the time for mortgage lending professionals to evaluate the effectiveness...
- Research articles 2008-08-01
- ACE Limited Announces Receipt of Subpoenas in Connection with Investigations of Loss Mitigation Insurance Products
- HAMILTON, Bermuda -- ACE Limited (NYSE:ACE) today reported that it had received subpoenas from the Securities and Exchange Commission and the New York Attorney General requesting documents in connection with an investigation into non-traditional, or loss mitigation, insurance products. ACE has not been named or referenced in any lawsuits stemming...
- Research articles 2004-11-15
- Everest Re Group, Ltd. to Comply with Subpoena Regarding Certain Loss Mitigation Insurance Products and Other State Regulator Information Requests
- HAMILTON, Bermuda -- Everest Re Group, Ltd. (NYSE: RE) today announced that its U.S. holding company subsidiary, Everest Reinsurance Holdings, Inc. ("Everest Holdings") has received a subpoena from the Securities and Exchange Commission seeking information regarding certain loss mitigation insurance products. Everest Re Group, Ltd. has stated that Everest Holdings...
- Research articles 2005-05-25
- MGIC Investment Corporation Q3 2007 Earnings Call Transcript
- Question-and-Answer Session Operator Thank you. [Operator Instructions] Our first question comes from Howard Shapiro. Howard Shapiro - Fox-Pitt Kelton Hi, a couple of questions. Given your new loss guidance for 2008, have you had any discussions with the rating agencies, are they still comfortable with...
- Earnings calls 2007-10-18
- FEMA Urges Insurers To Keep Pushing Disaster Mitigation.
- The insurance industry must take a proactive role in natural disaster mitigation, both to curb industry losses and to promote loss control education among planners and builders, according to federal government officials and industry leaders. " The insurance industry must take a proactive...
- Research articles 1998-09-28
- Wetlands assessments.(Federal Interagency Mitigation Working Group)(Brief Article)
- WETLANDS ASSESSMENTS: As part of the federal government's effort to improve the administration of compensatory mitigation activities related to wetlands programs, especially in meeting "no net loss" goals, a series of activities has been undertaken by the Federal Interagency Mitigation Working Group FIMW. The group includes...
- Research articles 2004-05-01
- Cooperation cuts costs in disaster response.(Council Member Barb Cleland, representing the National League of Cities, testifies before Congress to urge federal, state, and local cooperation in disaster relief and to support the 1998 Mitigation and Cost Re
- "When a disaster occurs in a community, it is imperative that we coordinate our efforts and work cooperatively. So it is only logical that we should do the same as we work with Congress and other stakeholders to develop a federal-state-local mitigation partnership to improve and...
- Research articles 1998-05-11
- SEC subpoenas GE in insurance probe.(Securities & Exchange Commission)(General Electric Co.)(Brief Article)
- Fairfield-based General Electric acknowledged last week that it had received a subpoena from the New York office of the Securities & Exchange Commission seeking documents relating to "certain loss mitigation insurance products." GE c Fairfield-based General Electric acknowledged last week that it had...
- Research articles 2005-05-09
- SEC subpoenas GE, XL Capital in finite re probe.(Briefing: Highlights From BestWeek)(Brief Article)
- A widening investigation into the use of loss-mitigation products, including finite reinsurance, is spawning more subpoenas, this time for GE Insurance Solutions and XL Capital Ltd. A widening investigation into the use of loss-mitigation products, including finite reinsurance, is spawning more subpoenas, this time...
- Research articles 2005-06-01
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