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Tag Archives: Servicing

Looking for a Universal Solution

Law firm audits cost servicers millions of dollars annually while the firms spend tens of thousands of dollars per audit in employee time. The irony is that the bulk of the information requested is the same, so why hasn’t the industry been able to come up with a universal solution? It turns out the answer is already here.

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Are Servicing Reforms on the Horizon?

With housing finance reform legislation once again in the works in Congress, now might be the right time for reforms in the mortgage servicing industry. The first in this three-part series of reports makes a case for the government to review and mitigate the risks associated with inefficient mortgage servicing.

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PHH Names Chief Risk and Compliance Officer

PHH Corporation (PHH), headquartered in Mount Laurel, New Jersey announced that Albert Celini has joined the Company as SVP, Risk and Compliance. Celini will succeed Leith Kaplan and assume the role of Chief Risk and Compliance Officer of PHH Corporation, effective January 1, 2018.

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NCS Approved by Fannie Mae And Announces New Leadership

  National Credit-reporting System, Inc. (NCS ), a verification solutions provider within the mortgage lending realm, recently announced that it is now an authorized report supplier of 4506-T tax return verification (TRV Services) through the Desktop Underwriter (DU) validation service, ...

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Altisource CRO Talks Microbubbles

DS News recently sat down with Altisource Portfolio Solutions’ Chief Revenue Officer John Vella to discuss the challenges servicers are experiencing in the market as well as the possibility of regional microbubbles following the recent hurricanes in Texas and Florida. Take a look at what he had to say in this exclusive interview.

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