Mortgage servicing fintech provider adds 120-plus members to its workforce by launching its non-U.S. headquarters in Chennai, India, following agreement with Mr. Cooper.
Read More »Sagent Names Perry Hilzendeger EVP of Servicing
Mortgage servicer taps industry exec who helped build and run Wells Fargo’s near $1 trillion servicing portfolio and brings ops expertise to accelerate Sagent’s modernization of servicing software.
Read More »Mr. Cooper Announces Executive Leadership Changes
Kurt Johnson has been named CFO of the mortgage servicer as Jaime Gow transitions from CFO to Strategic Advisor. In addition, Christine Paxton has been named EVP and Chief Risk and Compliance Officer.
Read More »WF to Pay $3.7B in Fines and Restitution
Wells Fargo has been ordered by the Consumer Financial Protection Bureau to pay $2 billion in restitution and $1.7 billion in fines. Click through to read the details, as well as the bank’s official statement.
Read More »Nayda McKain Promoted by Cenlar to VP, Human Resources
Former Fannie Mae Chief of Staff is promoted by Cenlar to help drive organizational change, employee engagement, process improvements, and business continuity within the subservicer.
Read More »Moderate-Income Rental Housing a Viable Asset as ESG Investments Grow
With interest among real estate investors in workforce housing and ESG-focused investments on the rise, affordable rental housing demand is surging for moderate-income households as the transition to homeownership becomes unobtainable for many Americans.
Read More »Wells Fargo Dedicates $300,000 to Assist Victims of Hurricane Fiona
A donation from the Wells Fargo Foundation to be dedicated toward disaster relief efforts in Puerto Rico to rebuild the region in the wake of Hurricane Fiona making landfall.
Read More »Opening New Doors Through the Advancement of D&I Initiatives
Five Star’s recent Diversity and Inclusion Symposium tackled the industry’s hot-button D&I topics through an open dialogue and exchange of ideas in D.C.
Read More »AI Decision-Making in the Crosshairs
With the CFPB turning its attention to the use of artificial intelligence within the mortgage process, Dain Ehring of Gate House Digital explains what you need to know.
Read More »Senators Call for Review of Wells Fargo’s Refi Processes
Eleven Senators call upon HUD and CFPB after a report suggested that Black and Hispanic borrowers were less likely to be approved for refis.
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