Assurant Specialty Property Acquires eMortgage Logic

first_img Assurant Specialty Property eMortgage Logic 2014-09-04 Ashley Harris in Featured, Headlines, News About Author: Ashley Harris Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save  Print This Post The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles Ashley R. Harris is the Editor-in-Chief for MReport and TheMReport.com and the acting Editor-in-Chief of DS News and DSNews.com. Ashley has years of experience as a financial writer having worked at The Houston Chronicle and Newsweek. She received her B.S. in journalism from the University of Houston and her M.S. in journalism from Columbia University School of Journalism. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago September 4, 2014 1,533 Views Assurant Specialty Property announced on Thursday it acquired eMortgage Logic, LLC in an effort to expand its risk management offerings for the mortgage industry. eMortgage Logic is a provider of residential valuation products and valuation technology services.Assurant acquired eMortgage Logic for an initial payment of $17 million in cash, with a possible earnout payment based on future performance, according to the company.“This acquisition builds on our core strengths in serving the mortgage industry,” said Gene Mergelmeyer, president and CEO of Assurant Specialty Property. “More than ever, we can serve mortgage originators, servicers and capital markets investors with a comprehensive suite of risk management solutions, from insurance to valuation to property preservation. eMortgage Logic augments our existing offerings and supports our business strategy, as we work to provide end-to-end services to mortgage and lending institutions.”Based in North Richland Hills, Texas, and founded in 2002, eMortgage Logic, which will retain its brand name, is expected to generate approximately $35 million annually in fee income from mortgage servicing and capital markets customers, according to company sources.“We’re thrilled to join Assurant, a leader in risk management for the mortgage industry and a Fortune 500 company with a strong financial foundation,” Sells said in a statement. “In this dynamic environment, local market valuation is a vital part of managing risk. We look forward to the opportunities created by this combination, which will enable us to better serve our clients’ evolving needs.” Assurant Specialty Property Acquires eMortgage Logic Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Assurant Specialty Property eMortgage Logic Servicers Navigate the Post-Pandemic World 2 days ago Home / Featured / Assurant Specialty Property Acquires eMortgage Logic Demand Propels Home Prices Upward 2 days ago Previous: DS News Webcast: Friday 9/5/2014 Next: Employment Growth Falls Well Short of Expectations for August Sign up for DS News Daily Subscribelast_img read more

OCPC Weekly Activity Report March 12-18

first_imgBicycle riders must obey all Vehicle laws similar to that of a Vehicle.       They must stop at stop signs, traffic lights and ride with the flow of traffic. Bicycle riders are not pedestrians and do not have the same right of way as a pedestrian when crossing the street at an intersection. Ocean City Public Safety Building Calls for Service: 653          Daily Average: 93 March 12, 2017: Sunday Calls for service: 70 Vehicle Stops: 26 Accidents: 0 Property Checks: 33 Alarms: 2The Police Department assisted with 3 Fire and 2 EMS callsWarrant, Sunnyside Ct., one in custody, at 5:24pm March 13, 2017: Monday Calls for service: 53 Vehicle Stops: 18 Accidents: 0 Property Checks: 19  Alarms: 0The Police Department assisted with 6 Fire and 5 EMS callsTheft, 7th St., at 7:56pm March 14, 2017: TuesdayCalls for service: 69 Vehicle Stops: 8 Accidents: 0 Property Checks: 39  Alarms: 2The Police Department assisted with 4 fire and 3 EMS callsDomestic violence, 1100 block West Ave., at 3:58pm March 15, 2017: WednesdayCalls for service: 70 Vehicle Stops: 21 Accidents: 1 Property Checks: 13 Alarms: 4The Police Department assisted with 9 fire and 9 EMS callsWarrant, 800 block Central Ave., one in custody, at 1:00pmWarrant, 1700 block Simpson Ave., one in custody, at 2:30pmVehicle accident, 52nd St. & Simpson Ave., at 6:53pm March 16, 2017: ThursdayCalls for service: 105 Vehicle Stops: 35 Accidents: 0 Property Checks: 34 Alarms: 1The Police Department assisted with 8 fire and 12 EMS callsDomestic violence, 3500 block Simpson Ave., at 4:05pmFraud, 900 block Simpson Ave., at 4:20pmTheft, 400 block Atlantic Ave., at 4:30pm March 17, 2017: FridayCalls for service: 126 Vehicle Stops: 40 Accidents: 1 Property Checks: 57 Alarms: 2The Police Department assisted with 6 fire and 6 EMS callsTrespassing, 1700 block Simpson Ave., at 12:39pmVehicle accident, 11th St. & Asbury Ave., at 5:47pm March 18, 2017: SaturdayCalls for service: 159 Vehicle Stops: 49 Accidents: 0 Property Checks: 82  Alarms: 0The Police Department assisted with 4 fire and 3 EMS callsWarrant, 900 block West Ave., one in custody, at 9:21amWarrant, 800 block Central Ave., one in custody, at 12:27pmTrespassing, 700 block 11th St., at 11:25pmPUBLIC SERVICE ANNOUNCEMENTS:Just a reminder that it is a violation of a City Ordinance to have dogs on the boardwalk anytime during the year. When traveling on Route 52, remember that New Jersey State Law requires Vehicles to KEEP RIGHT and pass left. The speed limit is 45 mph for the causeway.center_img Parking is prohibited on Asbury Avenue 6th St to 12th St, North St. to 17th St., Eighth St. the entire length and Ninth St., the entire length between the hours of 2am and 7am. This is to allow the City to perform maintenance during off peak hours. City Ordinance 7-3.4 Schedule II. The exception is Sundays and Holidays.last_img read more