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The Industry Pulse: Updates on LoanCare, Continuity, and More

From new appointments to new tech, click through to learn the latest industry buzz.

LoanCare, a ServiceLink company, has appointed industry veteran Michael Blair as Chief Administrative Officer.

LoanCare said that Blair most recently served as COO at Cenlar and brings more than 30 years' experience in the mortgage industry with a focus on servicing, default, and loss mitigation.

In a statement, the company said that it had grown over the last five years and now serves over 1.4 million customers, adding that "Blair's leadership and extensive knowledge of global customer service centers and servicing platforms will enable LoanCare to improve capabilities like technology and infrastructure." In his new role, he will also oversee the onboarding of new clients and servicing portfolios.

"Expanding LoanCare's executive leadership team to include a Chief Administrative Officer is critical to increasing our capabilities," said Dave Worrall, President, LoanCare. "I'm pleased to welcome Michael aboard. He brings to the company strong leadership with a wealth of servicing experience that will prove invaluable."

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California-based First American Title Insurance Company has announced the appointment of Paul Bandiera as VP of its Information Technology (IT) Strategy. Bandiera previously served as president of a large title and escrow software company and brings 18 years of experience leading retail title and settlement software applications, as well as corporate strategy for a national title insurer.

“We are thrilled Paul has joined our team,” said Evan Zanic, President, First American Title’s Agency Division. “Paul’s vision and leadership with further enhance our efforts to provide title agents with superior technology solutions that increase efficiency and help agents provide better customer experience.”

“Paul will perfectly complement our program to launch a ‘state of the art’ retail title and settlement software solution through our SMS business unit,” said Steve Orgill, COO at First American SMS, the company’s title and settlement technology arm.

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Connecticut-based Continuity, a provider of development and deployment of regulatory change management solutions for regulated financial institutions, announces the addition of state regulatory content to its industry leading RegAdvisor Pro platform. This new technology — RegAdvisor Pro: State — will address a shift in the market.

“With an increasing number of state legislatures and regulatory bodies becoming far more active in the oversight of financial institutions, we felt it was critical for our clients to have access to current state level content as a part of our overall technology offering,” said Mike Nicastro, Continuity’s CEO.

RegAdvisor Pro: State will be offered as an add-on module for Continuity’s RegAdvisor Pro product. Clients will be notified of regulatory changes for the states they subscribe, so they do not miss regulatory issuances. They will also manage state regulatory changes within the RegAdvisor Console, using the same tools as they have used for managing federal regulatory changes, eliminating the need to track and compile changes from multiple sources.

About Author: Seth Welborn

Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer.
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