LRES launches new REO operating model

LoanLogics names new CEO LoanLogics names new ceo. housing wire april 18, 2019 Leave a comment. LoanLogics has announced that its president and COO, Bill Neville, will take over the role of CEO from Brian fitzpatrick. loanlogics founder and Chairman Howard Conyack Jr. said Neville’s leadership will help drive the.

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LRES, an Orange County, Calif.-based provider of residential and commercial valuations and asset management, has implemented a new REO operating model. The company says the restructuring increases efficiency and accommodates the influx of new clients with portfolios of assets in various stages of the foreclosure process.

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In Battered Secondary Mortgage Market, Some Encouraging Trends May Be Emerging Equity is the difference between the market price of a property and the debt owed at a point in time. Rising equity creates a positive wealth effect, which can lead to housing equity withdrawal. This occurs when homeowners release some of their equity by taking out a.