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Wells Fargo Leads Bank Foreclosure Halt After OCC Guidance
From piggybankblog.com . . . Wells Fargo Leads Bank Foreclosure Halt After OCC Guidance Piggybankblog posted on 05/20/13 Cross liked with bloomberg.com Wells Fargo & Co. (WFC), the biggest U.S. home lender, halted some foreclosure sales until it can understand new federal guidelines on seizures sent to the nationas large and mid-sized banks. The [...]
LPS unveils new servicing management tool
From piggybankblog.com . . . LPS Unveils New Servicing Management Tool Piggybankblog posted on 05/16 Cross linked with housingwire.comA Lender Processing Services unveiled its Workout Interaction Tool, an online application that transfers data from its managed services provider servicing system to and from Fannie Mae’s Servicing Management Default Underwriter platform. The new tool allows mortgage [...] Page took 2 seconds to load.
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Residential Reports
The Property I.D. Residential Natural Hazard Property Disclosure Report is the most comprehensive disclosure report available in the real estate market. The report complies with all the requirements of Civil Code Section 1103.2 (Natural Hazard Disclosure Statement), and satisfies the seller and agent’s obligations for disclosing all other legally required Federal, State, and Locally mapped natural hazards. The report also includes a complete Special Assessment disclosure and Mello-Roos taxes at no additional cost. Not only is the Property I.D. Residential Report the most complete and accurate disclosure report available, but is also backed by a $20 Million Insurance Policy. This policy covers the report and extends to any individual that relies upon it for use in a transaction.
Environmental Reports
The Property I.D. Environmental Report discloses every mapped, environmentally impacted area available through the Environmental Protection Agency ("EPA"). The EPA has mapped sites throughout the nation that have been an environmental hazard or are currently in the clean-up process. The report identifies the location of these hazards in proximity to the home being purchased, informing the buyer of any areas that may be situated in or nearby these sites. Each Property Disclosure Environmental Report is also individually backed as an insured product by a $20 Million Insurance Policy. This policy covers the report and extends to any individual that relies upon it for use in a transaction.
Commercial Reports
The Property I.D. Commercial Natural Hazard Disclosure Report offers the seller of commercial property the most comprehensive Disclosure Report available to offer to prospective buyers. The report notifies the buyers of potential mapped natural hazards and satisfies the seller’s code obligations, which includes disclosure for every Federal, State, and Locally mapped natural hazards. It also includes a complete Special Assessment disclosure and Mello-Roos taxes at no additional cost. Not only is the Property I.D. Commercial Property Disclosure Report the most complete and accurate disclosure report available, but is also backed as an insured product by a $20 Million Insurance Policy.
Natural Hazard Disclosure Report
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