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VRM Latest News
PCV/VRM, BABA Announce Home Giveaways at the 2011 Bell Helicopter Armed Forces Bowl
CARROLLTON, Texas, Dec 27, 2011 (GlobeNewswire via COMTEX) -- PCV¦VRM Seeds of Hope, the non-profit arm of Carrollton,TX based Vendor Resource Management, is partnering with Operation FINALLY HOME ( www.babasupport.org ) on a home giveaway project in South Dallas. The project will involve the construction of multiple homes that will be presented to wounded military veterans. The project will be announced on December 30th during halftime of the Bell Helicopter Armed Forces Bowl that will be played at SMU's Gerald Ford stadium.
Vendor Resource Management Offering REO Training at the 2011 Realtors Conference and Expo
CARROLLTON, Texas, Oct. 19, 2011 (GLOBE NEWSWIRE) -- Attendees of the 2011 Realtors Conference and Expo can take advantage of innovative REO training offered by Vendor Resource Management through its VRM University on November 14-15 at the Hyatt Regency Orange County. The Realtors Conference and Expo attracts real estate professionals from across the U.S. and around the world. This year's event is expected to draw 18,000 members and guests.
Vendor Resource Management Offering REO Training at the 2011 Five Star Default Servicing Conference and Expo
CARROLLTON, Texas, Sept. 7, 2011 (GLOBE NEWSWIRE) -- Attendees of the 2011 Five Star Default Servicing Conference and Expo can take advantage of innovative REO training offered by Vendor Resource Management through its VRM University on September 14-15 at the Hilton Anatole in Dallas, TX.
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VRM Seeds of Hope Teaming With Rebuilding Together and St. Phillip's School and Community Center for "Day of Caring"
On Saturday, July 30, 2011 VRM Seeds of Hope, the charitable arm of Carrollton, TX based Vendor Resource Management (VRM), is sponsoring a "Day of Caring" in the Forest Heights Neighborhood of South Dallas. Joining VRM Seeds of Hope in this community outreach effort will be Rebuilding Together and the St. Philip's School and Community Center.
Industry Press Releases
Consumer Advocates: HECMs Need Revisions to Prevent Defaults
Home Equity Conversion Mortgages (HECMs) and reverse mortgages, tools to which many seniors turn to help manage expenses in their later years, can be challenging products to navigate, according to testimonies delivered during a Senate committee hearing Tuesday morning. While the Department of Housing and Urban Development (HUD) considers changes to the HECM program, the Senate Committee on Banking, Housing, and Urban Affairs held a hearing to determine the best path forward for the program.
CFPB to Grow Staff Over Next Two Years to Meet Goals
The Consumer Financial Protection Bureau (CFPB) plans to grow its staff in order to meet its strategic goals and stay in compliance with its mandate to protect consumers, according to a written testimony from Stephen Agostini, CFO at the bureau. Agostini, who gave testimony before the House Financial Services Committee Tuesday, stated that over the next two fiscal years, CFPB expects its staff to increase from 1,214 employees in the Fiscal Year 2013 to 1,545 employees in 2014.
ServiceLink Unveils MERS Reconciliation and Resolution Program
ServiceLink, an end-to-end origination, servicing and default solutions provider for mortgage lenders and servicers, introduced a program to monitor and manage data from the Mortgage Electronic Registration Systems (MERS).
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Commercial, Multifamily Debt Declines in Q1
Commercial and multifamily mortgage debt outstanding decreased for the first time in five quarters during the first quarter of this year, according to the Mortgage Bankers Association (MBA). The 0.2 percent decline, which translated to $4.9 billion, left the nation's total commercial and multifamily mortgage debt at $2.41 trillion at the end of the quarter.