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Servicing

Gary Gaskin Joins Cenlar as VP of Transfer Services

Twenty-five-year industry veteran will be responsible for the Ewing, New Jersey-based mortgage loan subservicer’s loan boarding, acquisitions, and transfers, as well as identifying opportunities to automate processes and improve operational efficiencies.

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Mortgage Fraud Risk Falls YoY in Q2

One in 131 mortgage applications contained instances of fraud in the second quarter of 2022 according to CoreLogic, despite a rise in the instances of income fraud and property fraud.

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Servicers Adapt to Changing Times

COVID-19 presented mortgage servicers with a new challenge, creating and executing new customer solutions, while managing the impact of the pandemic on their own workforce.

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Zeroing in on Servicer Convenience Fees

The CFPB and state regulatory bodies are closely scrutinizing all mortgage-related fees, from the start of a loan to the ongoing servicing of the loan, to ensure compliance with the Fair Debt Collection Practices Act.

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