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The Industry Pulse: Updates on Ocwen, RoundPoint, and More

The Industry Pulse

From community initiatives and technology to new appointments get the latest buzz on the industry in this weekly update.

Falling behind on loans is sometimes inevitable for some homeowners. Now a new partnership between Ocwen Financial Corporationand Bridgeport Neighborhood Trust (BNT), a non-profit organization that provides an array of services in the Bridgeport community, aims to educate families who have fallen behind on their mortgage payments by discussing loan modification options that can help them catch up. Homeowners who attend the event will meet one-on-one with Ocwen Home Retention Agents and housing counselors from Bridgeport Neighborhood Trust, a U.S. Department of Housing and Urban Development-approved counseling agency. Homeowners will have the opportunity to discuss their unique situations and receive information about potential options to lower their mortgage payments to make their homes more affordable.

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RoundPoint Mortgage Servicing Corporation has announced the hiring Colleen Winslow as its Chief Human Resources Officer (CHRO). Winslow will lead RoundPoint’s evolving human capital strategy while ensuring the firm’s culture remains collaborative and engaging. She will also oversee the Human Resources Administration, Compensation & Benefits, Talent Management & Acquisition, Learning & Development, and the Employee Engagement departments. Winslow has more than 25 years of banking and financial services experience and has worked for Bank of America, Wells Fargo, and Ally Bank, where she served as CHRO. “I’m thrilled to be joining such a dynamic and growing organization and I’m eager to expand RoundPoint’s high-performance work culture by recruiting and retaining the best talent and most engaged employees in the industry. I’m truly looking forward to making contributions that will further solidify RoundPoint’s leadership position and corporate mantra, ‘all in, all win,’” said Winslow.

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Mortgage Capital Trading, Inc. (MCT), a mortgage hedge advisory and secondary marketing software firm, has announced the implementation of multi-factor authentication (MFA) security protocols, which require multiple methods to verify a user’s identity for logins and transactions. “We live in an era where security sensitivities and breaches are increasingly common occurrences within organizations and their technology stacks,” says Phil Rasori, COO at MCT. “In order to most effectively protect our clients, their data and transactions, we felt that it was a prudent time to implement MFA into our MCTlive! secondary marketing software as a logical safeguard in order to maintain high levels of security.”

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OpenClose, a multi-channel loan origination system (LOS) and mortgage fintech provider, announced the hiring of Mark Michel, an industry veteran in enterprise-level mortgage technology systems. According to OpenClose, Michel has an extensive track record of successful execution during his tenure at lending entities as well as mortgage technology providers. At OpenClose, he will serve as a software integration analyst where he will focus on the company’s LenderAssist LOS, RESTful API suite, as well as other digital mortgage solutions. Michel brings to OpenClose more than 15 years of experience as a subject matter expert in mortgage fintech. Before OpenClose, he was a senior product manager at Altisource where he was responsible for a next-generation LOS as well as a new POS portal, while also acting as a subject matter expert on all LOS integrations. Prior to that, Michel was a senior business consultant and project manager at Fiserv Lending Solutions for more than fifteen years.

About Author: Radhika Ojha

Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas.
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