Journal

The New York legislature has passed a bill that will require lenders to notify the state’s Department of Financial Services (DFS) and mortgagors of impending foreclosure actions against homeowners with reverse mortgages.

The intelligent automated redaction solution is designed to save time, preserve accuracy, and ensure compliance.

The expert systems architect and founding MISMO member will head technology at the mortgage service provider.

Both Founder & Executive Chair Linda Orlans and Senior Executive Counsel Julie Moran have been recognized for their contributions to the financial services industry.

The firm announced Managing Partners for their expanding practice in all three states. Click through for further details.

Increasing forbearance rates are challenging servicers to keep up with concerns ranging from compliance to staffing to the use of subservicers. Editor's note: This story originally appeared in the June edition of DS News.

This Thursday, join DS News for a discussion with The Hon. Brian D. Montgomery, Assistant Secretary for Housing–Federal Housing Commissioner, with topics ranging from COVID-19 to the CWCOT program.

Hours after President Trump announced a suspension of foreclosures and evictions for mortgages backed by HUD and FHFA, official statements clarified that the policy will extend at least 60 days, contrary to earlier reporting.

As the public comment period came to a close, the NMSA joined the MBA and Housing Policy Council to express support for FHA’s adjustments to the Claims Without Conveyance of Title program.

The announcement impacts upcoming events, including the Single-Family Rental Summit and Five Star Government Forum.