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Interim CEO and COO of Altisource’s Alternative Lending Group announces resignation as the company opens search for successor.

While commercial bankruptcies were up over 140% year-over-year, individual bankruptcy filings also increased year-over-year, putting additional stress on the economy.

The mortgage subservicer fortifies its Enterprise Portfolio Management Office with the addition of three new Directors, all responsible for driving and implementing strategic programs within the company.

Patrick Couture of Planet Loan Servicing takes a deeper look at Debt Service Coverage Ratio loans, and the potential risks and challenges associated when dealing with inexperienced DSCR servicers. 

MortgagePoint had the opportunity to chat with Gagan Sharma, Founder and CEO of BSI Financial Inc., to discuss the evolution of technology in the servicing space, as AI, machine learning, and other advances become more commonplace in the borrower experience.

The addition of Jay Hackney as new VP of Transfer Ops and the promotion of Allyson Kiesel to VP of Issues and Enterprise Change Management are the latest moves to bolster the executive team of the mortgage subservicer.

Despite the improvement in delinquencies, foreclosure starts rose to 33K in October, hitting their highest levels in 18 months.

Home equity could be ‘viable solution to ease debt pressures,’ experts say as mortgage balances nationwide grew in the third quarter according to TransUnion.

Get to know the new head of the PPEF, a group that brings together leadership from the nation’s largest property preservation companies to promote best practices in the field services industry and develop solutions for the challenges that face it.

In a move to exemplify the best qualities of their company and workforce, Cenlar has named two new directors and three leaders in the upper echelons of its inner workings.