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Utah Mortgage and Bank News


Is Utah headed for a commercial real estate crisis? (KSL Salt Lake City)
The Congressional Oversight Panel recently sounded the alarm for another mortgage crisis, this time among the country's retail and office buildings. But does that mean foreclosures in the commercial real estate market deliver another sting from the recession?
Thu, 11 Mar 2010 00:49:18 GMT.

Foreclosures drop for 2nd month in February: RealtyTrac (Reuters via Yahoo! News)
U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.
Thu, 11 Mar 2010 12:20:14 GMT.

Foreclosure heat still rising (The Salt Lake Tribune)
The pace of foreclosure-related filing nationally may finally be slowing down, but in Utah the rate continues to increase dramatically. RealtyTrac Inc.
Thu, 11 Mar 2010 00:46:02 GMT.

Simplifile and Rekon Technologies Finalize Integrated E-Recording Solution (redOrbit)
PROVO, Utah, March 9 /PRNewswire/ -- Simplifile, the leader in electronic recording, and Rekon Technologies, a leading software vendor in the mortgage loan servicing industry, today announced the integration of Rekon's lien release and assignment processing software with the Simplifile e-recording system. The fully integrated solution provides users of the Rekon platform a complete electronic ...
Tue, 09 Mar 2010 23:21:07 GMT.

Foreclosures Drop For 2nd Month In Feb. (Banker & Tradesman)
Mortgage foreclosure filings nationwide dropped for a second straight month in February, with severe weather to blame for slowing the process in the Northeast, a report released on Thursday showed.
Thu, 11 Mar 2010 15:55:55 GMT.

Foreclosure rates up by smallest amount in 4 years (AP via Yahoo! News)
The foreclosure crisis isn't over, but the pace of growth may finally be slowing down.
Thu, 11 Mar 2010 15:10:30 GMT.

Foreclosure rates up by smallest amount in 4 years (Deseret News)
WASHINGTON ? The foreclosure crisis isn't over, but the pace of growth may finally be slowing down. RealtyTrac Inc. said Thursday that the number of U.S. households facing foreclosure in February grew 6 percent from the year-ago level, the smallest annual increase in four years.
Thu, 11 Mar 2010 15:23:43 GMT.

Business Briefs (La Jolla Light)
Michelle Ciccarelli Lerach, CUPS owner, and actor Ian Ziering Photo courtesy of CUPS CUPS goes to Sundance CUPS organic cupcakery attracted Hollywood stars, serving thousands of organic treats at the Sundance Film Festival in Park City, Utah. During the late January international movie event, CUPS was the exclusive "sweets" provider in the Luxury Lounge, providing all-day treats to a "who's who ...
Thu, 11 Mar 2010 00:46:03 GMT.

Foreclosures: Smallest Uptick in 4 Years (CBS News)
Expert says Housing Crisis Not Over Yet, and Numbers Could Turn, But There's New Reason for Hope
Thu, 11 Mar 2010 15:30:07 GMT.

Foreclosures Slow Considerably In February (NPR)
Fears remain about the hundreds of thousands of homeowners who are still being evaluated for help under loan modification programs. Many analysts say most of those borrowers will eventually lose their homes, sparking a new round of foreclosures later this year.
Thu, 11 Mar 2010 13:13:42 GMT.