Title insurance and title-related products are an integral, and often expensive, part of the mortgage default process. Every aspect of default servicing touches title, from loss mitigation to REO disposition. Although many servicers have designed their internal functions, groups, and ...
Read More »PHH Moves Forward With Updated Servicing Standards
In a statement released Wednesday, PHH said they will implement new servicing standards as part of a settlement with a multi-state group of state attorneys general, as well as following a “testing and reporting process to ensure compliance with the ...
Read More »Rebuilding and Rethinking
With 2018 on the horizon, the mortgage and servicing industry is taking stock of what’s come before and bracing to meet the obstacles—and the opportunities—lying ahead.
Read More »Counsel’s Corner: Brigham Lundberg talks Foreclosure Environment
DS News spoke with Brigham J. Lundberg, the Managing Attorney and a shareholder of Lundberg & Associates, to discuss the greatest challenges default servicing attorneys are facing and how his years of experience help him navigate today’s climate.
Read More »Industry Pros Shifting Focus Toward REO Restoration
REOs have traditionally been an “as-is” proposition. Here’s how the industry is shifting to deal with inventory shortages and rising prices.
Read More »McCabe, Weisberg & Conway Expands
McCabe, Weisberg & Conway, P.C., (MWC), a default services law firm representing mortgage lenders, banks, mortgage servicers, and financial institutions, announced that it expanded its “one-firm experience” to Florida, following its merger with Clarfield, Okon & Salomone of West Palm Beach. ...
Read More »Anselmo Partner Joins REOMAC Board
Thomas Anselmo formally joined the non-profit’s Board of Directors, per an announcement made Friday.
Read More »State of Default Servicing Covered in Five Star White Paper
Housing industry experts make predictions for the default servicing industry in a new white paper from the Five Star Institute, "U.S. Residential Mortgage Default Performance Update & Market Analysis."
Read More »Counsel’s Corner: Oversight Brings Elevation to the Default Industry
Leonard McDonald speaks with DS News on the challenges seen post-crisis in the foreclosure landscape and what lies ahead for the future of default servicing.
Read More »Counsel’s Corner: Recent Laws and Their Effect on Servicing
Doug Oliver, partner with Anselmo Lindberg Oliver, recently spoke with DS News about two issues that he sees as symptoms of the “general negative view” that the political class and the general public have toward the mortgage servicing industry.
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