Tag Archives: Borrowers

An updated policy on default and foreclosure for FHA loans is aimed at helping struggling borrowers in Puerto Rico and the U.S. Virgin Island impacted by Hurricanes Irma and Maria. See what the FHA said to mortgage servicers and lenders about this policy.

Courtney Thompson, Director, First VP, Default Servicing Operations, Flagstar Bank discusses streamlining communications with borrowers, navigating compliance and how Flagstar has evolved to thrive in a lower-delinquency environment. Editor's Note: This feature originally appeared in the July issue of DS News.

Through the partnership, Colonial plans to offer a superior digital mortgage experience to its customers, while easing the loan process for its loan officers.

On Wednesday, the Five Star Institute’s Disaster Preparedness Summit hosted by DIMONT and Five Brothers Asset Management Solutions looked at some of the lessons learned by the mortgage and servicing industry from last year’s natural disaster and how it could prepare for future eventualities. Here are the details.

At a Banking Committee Hearing to consider his nomination as the President of Ginnie Mae, Bright said that he would focus on the challenges of dealing with Ginnie’s growth and the evolving nature of the U.S. mortgage market.

A recent research found that Fannie’s Mae’s streamlined, doc-free approach to mortgage modifications has increased their total success rate. But will the growth sustain?

NeighborWorks America, recently announced the appointment of Marietta Rodriguez, as President and CEO of NeighborWorks America. Jeffrey Bryson, who served as interim President and CEO for the nonprofit since September 2017, will remain on board until August 17.

The new and improved system helps borrowers to submit all required documentation when applying for a loan from their mobile device or desktop computer.

As leadership of the Legal League 100 passes to a new Chair in the form of Roy Diaz, he and departing chair Neil Sherman discuss past accomplishments and future goals of the association with DS News. Editor’s Note: This feature originally appeared in the July issue of DS News, out now.

As servicers struggle with rising costs and finding right partnerships, here are some solutions that can help them mitigate these and other challenges for sustained success in 2018.