Last week, DS News was sad to report the death of industry icon Robert Klein, Founder and Chairman of Safeguard Properties. Under Klein’s stewardship, Safeguard grew from its humble beginnings as a two-man operation in a basement office into a ...
Read More »Mr. Cooper Brings the Power of AI to Homeowners
Mr. Cooper, a Dallas-based non-bank mortgage servicer and mortgage lender, today introduced Mr. Cooper with Home Intelligence, a new mobile app that uses artificial intelligence to reimagine the experience of homeownership with tools to help homeowners optimize their personal balance ...
Read More »As Hurricane Season Approaches, 2017’s Disaster Impact Lingers
According to CoreLogic’s latest Loan Performance Insights Report, nationwide delinquencies continued to slowly decline, with exceptions in areas still feeling the aftereffects of last year’s brutal hurricane season. As reported by CoreLogic, the 30+ day delinquency rate for February 2018 ...
Read More »Nationstar Reports Strong Servicing Performance
Nationstar Mortgage Holdings Inc. announced its Q1 earnings on Thursday, with the company’s GAAP net income hitting $160 million for the quarter. That’s up significantly over Q4 2017, when Nationstar’s GAAP net income was reported at $41 million. On an ...
Read More »Ocwen Reports Q1 2018 Earnings, Highlights Debt Forgiveness
Atlanta-based servicer Ocwen Financial Corporation on Tuesday released the details of its earnings for Q1 2018, reporting a net income of $2.6 million for the three months ended March 31, 2018. This is up considerably over Ocwen’s Q1 2017 net ...
Read More »The Next Generation of Professionals in Mortgage and Housing
Editor's Note: This piece originally appeared in the May issue of DS News magazine. The makeup of the American workforce is changing. Multiple distinct generations are currently filling out the employee rosters of most American businesses: the Baby Boomers approaching ...
Read More »Law Firms and Mortgage Servicers Promote Industry Growth
Kicking off with a member reception Monday at the historic Joule Hotel in Dallas, Texas, the 11th semi-annual Legal League 100 Servicer Summit continues on Tuesday with a day full of education and networking. The event brings together mortgage servicers, ...
Read More »United Wholesale Mortgage Hires Chief Strategy Officer
United Wholesale Mortgage (UWM), a Troy, Michigan-based wholesale lender, has announced the hire of Alex Elezaj as its Chief Strategy Officer. Elezaj most recently served as CEO of Class Appraisal, a nationally recognized leader in residential real estate appraisal management. ...
Read More »Planet Home Lending Names Michael J. Kula COO
Planet Financial Group, LLC, a privately held mortgage lender and servicer headquartered in Meriden, Connecticut, has announced that Michael J. Kula has joined the company as COO. Kula’s experience includes three decades of extraordinary leadership and management positions in mortgage ...
Read More »The Industry Pulse: Updates on Ocwen, Auction.com, and More
From rewards and recognition to new appointments and initiatives, get the buzz on the industry's latest news in this weekly update. Ocwen Financial Corporation, a financial services holding company based in West Palm Beach, Florida, has announced that the ...
Read More »