For mortgage lenders and servicers, the pandemic will prove to be a test of business continuity planning while managing process and regulatory changes in real time, all while maintaining fairness and compliance across all aspects of day-to-day operations.
Read More »SLK Global Appoints New Mortgage Business Leader
In his new role, Nate Johnson will oversee the next wave of new mortgage technology and service products at SLK Global.
Read More »CFPB Report: Loss Mit Problems and Servicer Solutions
The CFPB found shortcomings in loss mitigation due diligence, HECM resolutions, and charging excessive late fees but also identified servicers’ resolutions of these issues.
Read More »Colonial Savings Welcomes Drew Bryne
Byrne joined Colonial in 2014 after serving as Director of Digital and Visual Media for the College of Media and Communication at Texas Tech University.
Read More »Mr. Cooper Acquires IBM’s Seterus
The servicing transaction worth $48 billion will give Mr. Cooper access to the Seterus mortgage servicing platform and assume some of its assets.
Read More »Slashing Through the Servicing Jungle
Default servicing costs have skyrocketed over the past decade, leaving servicers lost in a jungle filled with compliance overhead, complicated investor rules, and unfair penalties. Editor’s Note: This feature appeared in the November issue of DS News.
Read More »Rise and Fall
Here’s what a report revealed about the factors contributing to the ups and downs in mortgage balances and delinquency rates.
Read More »Home Point Names Managing Director-Regional Manager
Home Point Financial Corporation (Home Point), a national mortgage originator and servicer based in Ann Arbor, Michigan, announced that Tim Fitzgerald has joined the company as Managing Director–Regional Manager.
Read More »Urban Institute Mourns Trustee’s Death
Terrence Laughlin, 63, had been a trustee of the Urban Institute since 2015 and was vice-chairman at Bank of America.
Read More »Is History Repeating Itself?
Warning signs are flashing in the housing market, says Lakshman Achuthan, COO and Co-Founder of the Economic Cycle Research Institute in New York.
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