New Diligence Advisors (NDA), a national third-party review firm which currently provides a full range of loan underwriting and review services for lenders and investors, has announced the hiring of three new executives to its team. All three executives will ...
Read More »IndiSoft Welcomes CTO to Team
Columbia, Maryland-based IndiSoft, a global provider of technology solutions for the financial services industry, has welcomed Mark Sweeney as their newest CTO. Sweeny will be responsible for all technical and product strategy, development, and support. “We are excited to have someone ...
Read More »Wells Fargo Announces Head of Home Lending Servicing
After months of anticipation, Wells Fargo & Co., a diversified, community-based financial services company based in Des Moines, Iowa, has announced that Jeff Smith, who currently represents servicing and customer excellence risk in the Consumer Lending Real Estate Compliance and ...
Read More »The Industry Pulse: Updates on ComplianceEase, CoreLogic, and More
From new appointments and partnerships to new technology and product expansion, get the latest buzz on the industry in this weekly update. Burlingame, California-based ComplianceEase, a provider of automated compliance solutions to the financial services industry, and Tavant announced that ...
Read More »Ocwen Releases Q2 Operating Results
Florida-based Ocwen Financial Corporation, a financial services holding company which services and originates loans through its subsidies, released its operating results for Q2 2018. The numbers reflected a GAAP loss of $29.8 million, compared to a net loss of $44 ...
Read More »The Figures Behind Judicial State Foreclosures
The number of foreclosures have decreased back to pre-crisis levels nationally as of April, according to the latest data from CoreLogic. More homeowners are remaining current on their mortgage payments thanks to factors such as unemployment rates at an 18-year ...
Read More »Combating Sexual Harassment in Housing
The Department of Justice (DOJ) and the Department of Housing and Urban Development (HUD) have released a public service announcement addressing their fight against sexual harassment in housing. The two departments first announced their partnership in April, a move that ...
Read More »NY Housing Market Hitting High Notes
Heavy demand for homes in the Empire State is stoking its real estate sector, according to the New York State Association of Realtors (NYSAR) housing market report. The state’s housing market recorded a robust first half of 2018, with 60,043 ...
Read More »FHFA Halts Discussion on Credit Changes to GSEs
Decisions regarding the credit score model used by Fannie Mae and Freddie Mac have been delayed by the Federal Housing Finance Agency (FHFA) after it was announced that the agency will not be making any changes this year as previously announced. ...
Read More »InterLinc Mortgage Services Promotes Gene Thompson to COO
Houston-based InterLinc Mortgage Services has announced that Gene F. Thompson III, who has served as President since 2010, will now serve as COO of the company. A 20-year veteran of the mortgage lending industry, Gene has been with InterLinc since ...
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