New capabilities will assist lenders in calculating income more quickly and precisely, thus reducing risk and helping serve more qualified borrowers.
Read More »Sagent Extends Partnership With American Savings Bank
New seven-year deal enables Hawaii-based bank to offer real-time mortgage servicing to help power the customer experience.
Read More »HUD Strengthens Standards, Publishes Final Rule for Rental Assistance Programs
The U.S. Department of Housing and Urban Development has published the Final Rule for the National Standards for the Physical Inspection of Real Estate in the Federal Register, which will be effective July 1 and October 1 for all rental assistance programs.
Read More »Sagent Opens Operations in India
Mortgage servicing fintech provider adds 120-plus members to its workforce by launching its non-U.S. headquarters in Chennai, India, following agreement with Mr. Cooper.
Read More »Sagent Extends DCU Partnership for Five More Years
The deal extension expands the usage of Sagent’s LoanServ fintech platform across Digital Federal Credit Union’s mortgage servicing lifecycle.
Read More »Cornerstone Launches Subervicing Division
In its mission to deliver service for the life of each loan and beyond, Cornerstone has established its mortgage subservicing business to empower smart homeownership and sustainable growth for its clients.
Read More »Flagstar Bank Acquires Certain Assets From Signature Bridge Bank
The transaction includes the purchase of certain loan portfolios from Signature Bridge Bank totaling $12.9 billion, and the assumption of $34 billion in deposits by Flagstar.
Read More »Wells Fargo Stepping Back From Mortgage Market
Wells Fargo has announced the move to shrink its mortgage portfolio and close its correspondent business. Going forward, WF will now offer home loans to existing bank and wealth management customers and borrowers in minority communities.
Read More »CoreLogic Announces Suite of Property Risk Tools
New solution offers a view of physical risk, leveraging Google Cloud, combining hyperlocal property data with financial information to estimate and mitigate the impact and cost of future catastrophes.
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