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Mortgage Contracting Services Adds Three New Executives

Mortgage Contracting Services, LLC (MCS), a national provider of mortgage industry services based in Lewisville, Texas, is pleased to announce that three new executives have joined the company. Bringing their considerable expertise to MCS are CIO Michael Housewright, SVP and ...

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Fitch Examines Top Servicers

According to the latest installment of Fitch’s U.S. RMBS servicer handbook, the American servicing landscape is undergoing significant shifts, much of it driven by merger and acquisition activity among servicers such as Mr. Cooper and Ocwen. 'Strategic positioning and M&A ...

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Auction.com Adds Min Alexander as COO

Auction.com, based in Irvine, California, and the nation’s largest real estate transaction marketplace, today announced the addition of Min Alexander as its COO. As COO, Alexander will lead a team of 800 professionals who manage the sale of over 140,000 ...

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How Did Refis Impact the 2008 Financial Crisis?

While there is still debate about the various factors that contributed to the 2008 financial crisis and the collapse of the housing market, a new paper by the Urban Institute suggests that the poor performance of cash-out refinances, and refinances in ...

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Single-Family Rental: Opportunities and Growth

non-owner-occupied

Beth O’Brien is President and CEO of CoreVest Finance, a private lender to residential real estate investors. Under O’Brien’s leadership, CoreVest has closed $3 billion in loans in the investor loan market and has financed more than 20,000 investment properties. ...

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The Week Ahead: Examining the State of the Housing Market

On Tuesday, April 10, at 1 p.m. EST, Carrington Mortgage Holdings, LLC, will present a new webinar about "The State of the U.S. Housing Market." Rick Sharga, EVP, Carrington Mortgage Holdings, will host the webinar. During the hour-long presentation, Sharga will ...

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Ellie Mae Inducts PRMI Into Hall of Fame 2018

Franklin American

For the second year in a row, Primary Residential Mortgage, Inc. (PRMI), one of the nation’s top mortgage lenders, was an honored recipient of Ellie Mae’s 2018 Hall of Fame Award announced at Ellie Mae’s Experience Conference on Wednesday, March ...

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Deutsche Bank Implements DocMagic’s eVault for Paperless Mortgage Processes

DocMagic, Inc., a provider of fully compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services headquartered in Torrance, California, announced that Deutsche Bank has successfully implemented and is actively utilizing its proprietary eVault technology. “Deutsche Bank has an international footprint ...

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House Bill Could Exclude Attorneys from FDCPA

debt

The House Financial Services Committee recently advanced a bill, H.R. 5082, that could have major implications for the default servicing industry, and most especially the law firms that work within it. The bill amends the definition of “debt collectors” under ...

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Fannie Mae’s Mark Palim on the State of Housing

As a Deputy Chief Economist at Fannie Mae, Dr. Palim is responsible for overseeing the Economic and Strategic Research Group’s forecasting functions. He also manages multi-disciplinary partnerships across the company to address specific business issues facing Fannie Mae. Dr. Palim ...

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