Servicing

Lender Processing Services, Inc. (LPS) introduced It's Listed! Alerts as a way to let servicers know when properties in their portfolios show up on MLS.

A three-judge panel of the U.S. Court of Appeals for the Ninth Circuit has affirmed, without hearing, an order dismissing claims against Mortgage Electronic Registration Systems, Inc. (MERS), according to a release from MERSCORP Holdings.

Home values rose for the 15th consecutive month in January, according to Zillow's most recent Real Estate Market Reports.

The servicers involved in last year's settlement have provided assistance in the amount of $45.83 billion to 550,000 homeowners, according to the Office of Mortgage Settlement Oversight.

Both leading economic indicators and lagging economic indicators for the U.S. economy rose in January, according to the Conference Board.

The steady housing improvement seen in Illinois throughout 2012 is poised to continue in 2013, if January's numbers are anything to go on. According to the Illinois Association of Realtors, statewide home sales (including single-family homes and condominiums) totaled 8,502 in January, up 31.1 percent from 6,484 in January 2012.

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 single-family 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.

Interthinx's Predictive Analytics group published a white paper outlining recommendations for conducting stress testing on retail lending portfolios.

Carrington Technology Solutions, LLC (Carrington) and Equator, a default servicing technology provider, teamed up to provide financial institutions, institutional investors, and large-scale property management companies with a single-family asset management suite created to maximize the performance of multiple-property portfolios.

WNC, a national investor in real estate and community development initiatives, announced Anil Advani rejoined the firm as SVP of private label funds. Advani is responsible for developing and maintaining relationships with private label investors, as well as managing the closing process of WNC's private label funds.