Fannie Mae took another step in its Simplifying Servicing agenda at the start of February with updates to investor reporting processes that standardized timing and procedures for collecting loan-level data in mortgage-backed securities.

ACES Risk Management (ARMCO), a provider of web-based audit technology for the mortgage industry, unveiled new capabilities for its ACES Audit Technology. Servicers can now modify and update compliance questionnaires in ACES as rules and processes change.

“Our end goals include executing eNotes, with video notarization, and transferring to an eVault by the end of the year. In using the hybrid model now, the first step is easy for us and our investors, and the benefits to the consumer are tangible, Sherman added.

“Making the process digital is the ultimate way to serve our customers at the highest levels of transparency, efficiency and ease of experience,” said Carmen Sherman, COO of Member First Mortgage.

After 20 years providing valuation services in the residential and commercial real estate sectors, AssetVal has expanded to add appraisal services to its list of offerings.

After 20 years providing valuation services in the residential and commercial real estate sectors, AssetVal has expanded to add appraisal services to its list of offerings.

The former Fannie Mae executive will be responsible for overseeing portfolio management, managing risk, and overseeing internal operations.

Nationwide Title Clearing, a post-closing services provider serving many of the nation’s largest financial institutions, investors, servicers, and custodians, released a white paper for lenders offering a scoring method to help them manage their trailing document process after a loan is originated.

The average foreclosure timeline reduced for the first time in nearly a decade. What other trends did foreclosure activity experience for Q3?

With REO inventory down, bulk sales at the GSEs have reached the end of their line, and the agencies are shifting over to the far-reaching tracks of the online auction. This select print feature original appeared in the July 2016 issue of DS News.