News

Servicing a 'Bright Spot' in Mortgage as Production Profits Fall - Mortgageorb
Servicing a 'Bright Spot' in Mortgage as Production Profits Fall  Mortgageorb

The average profit per mortgage originated fell to $480 in the third quarter, down from $580 in the second quarter, according to the Mortgage Bankers ...

RTG Reverse Mortgage Servicing Platform Adds Borrower Website, Updates - Reverse Mortgage Daily
RTG Reverse Mortgage Servicing Platform Adds Borrower Website, Updates  Reverse Mortgage Daily

Several months after announcing the launch of reverse mortgage servicing technology platform ReverseQuest, Reverse Technology Group (RTG) has launched ...

Ginnie Mae Announces New Servicing and Issuer Application Rules - Reverse Mortgage Daily
Ginnie Mae Announces New Servicing and Issuer Application Rules  Reverse Mortgage Daily

The Government National Mortgage Association, or Ginnie Mae, announced this month that it is implementing new evaluation rules that analyze the credit ...

For some, paying Charleston County property taxes in advance could make sense - Charleston Post Courier
For some, paying Charleston County property taxes in advance could make sense  Charleston Post Courier

Charleston County began signing up real estate owners this month for a new voluntary property tax option, in which taxpayers make six payments over the year ...

Why small- and mid-sized mortgage firms are fighting for their survival - The Real Deal Magazine
Why small- and mid-sized mortgage firms are fighting for their survival  The Real Deal Magazine

It's a rough time to be a small mortgage firm. The companies are cutting staff, shutting down and trying to sell themselves. It's yet another sign of increasing ...

Business Roundup: Terra hosting small business seminar sessions - Fremont News Messenger
Business Roundup: Terra hosting small business seminar sessions  Fremont News Messenger

FREMONT - The Ohio Small Business Development Center at Terra State Community College is offering free, two-hour seminars, “Small Business Basics,” that ...

Report: Uniform mortgage servicing data standards needed | News by Edition - RESPA News
Report: Uniform mortgage servicing data standards needed | News by Edition  RESPA News

Ten years after the housing crisis, mortgage firms are seeing better profits, increased customer satisfaction and lower delinquencies. However, this favorable ...

Equator Launches Mortgage Servicing Blockchain Solution - AiThority
Equator Launches Mortgage Servicing Blockchain Solution  AiThority

Equator, an Altisource business unit and a leading provider of residential loan default software and marketing solutions for many of the country's top servicers, ...

NOTICE OF MORTGAGE FORECLOSURE SALE - Duluth News Tribune
NOTICE OF MORTGAGE FORECLOSURE SALE  Duluth News Tribune

NOTICE OF MORTGAGE FORECLOSURE SALE. NOTICE IS HEREBY GIVEN that default has occurred in the conditions of the following described mortgage:.

New Residential Investment: Don't Panic And Buy The Drop - Seeking Alpha
New Residential Investment: Don't Panic And Buy The Drop  Seeking Alpha

New Residential Investment Corp.'s shares have dropped precipitously in the last couple of days. There is no news from the company justifying the sell-off. Ther.

Property transfers - Sunbury Daily Item
Property transfers  Sunbury Daily Item

NORTHUMBERLAND COUNTY. n Fulton Bank, Swineford National Bank to Fulton Bank, property in Sunbury. n Fulton Bank, West Ward Savings and Loan ...

TRUMBULL, COLUMBIANA COURTS - Youngstown Vindicator
TRUMBULL, COLUMBIANA COURTS  Youngstown Vindicator

COURTS. COLUMBIANA COUNTY. NEW CASES. American Express National Bank v. Kaye Yanni, money. Juanita Duvall et al v. Clyde Hughes, money.

Factom (FCT) Rides Recovery to 65% Gains as Mortgage Service Adopts Blockchain - Hacked
Factom (FCT) Rides Recovery to 65% Gains as Mortgage Service Adopts Blockchain  Hacked

Factom (FCT) climbed 65% from Wednesday through Saturday, as it continued to ride the recovery wave while the rest of the market stalled. The price surge ...

Ocwen Adds to Leadership, New Role Oversees Reverse Mortgage Lending - Reverse Mortgage Daily
Ocwen Adds to Leadership, New Role Oversees Reverse Mortgage Lending  Reverse Mortgage Daily

Ocwen Financial Corporation (NYSE: OCN) announced today the appointment of two additional members to its senior leadership team, with one of them ...

What's Driving the MSR and RMBS Markets? - DSNews.com
What's Driving the MSR and RMBS Markets?  DSNews.com

A new report analyzing the mortgage servicing profiles of some of the biggest banks and nonbanks revealed why the market for MSRs and reverse mortgages ...

Time to cover the new ‘Big Short’ on rising rates - Financial Times
Time to cover the new ‘Big Short’ on rising rates  Financial Times

One of the few bright spots in an otherwise dismal year for bondholders is fading fast.

Retreat of Smaller Lenders Adds to Pressure on Housing - The Wall Street Journal
Retreat of Smaller Lenders Adds to Pressure on Housing  The Wall Street Journal

Small and midsize U.S. mortgage firms are trimming staff, putting themselves up for sale and closing up shop at a clip not seen in years, a sign of the pressure on ...

PNC Financial Services Group Inc. Boosts Holdings in Two Harbors Investment Corp (TWO) - Fairfield Current
PNC Financial Services Group Inc. Boosts Holdings in Two Harbors Investment Corp (TWO)  Fairfield Current

PNC Financial Services Group Inc. grew its holdings in Two Harbors Investment Corp (NYSE:TWO) by 89.9% in the 3rd quarter, according to the company in its ...

York Co leaders welcome idea of Panthers practice facility moving across state line - WBTV
York Co leaders welcome idea of Panthers practice facility moving across state line  WBTV

After Voice of the Carolina Panthers Mick Mixon spoke at a York County Regional Chamber meeting in November and mentioned hypothetically the Panthers ...

Validea's Top Five Financial Stocks Based On David Dreman - 12/9/2018 - Nasdaq
Validea's Top Five Financial Stocks Based On David Dreman - 12/9/2018  Nasdaq

The following are the top rated Financial stocks according to Validea's Contrarian Investor model based on the published strategy of David Dreman ..

2018 HW Vanguard: Kevin Brungardt | 2018-12-03 - HousingWire
2018 HW Vanguard: Kevin Brungardt | 2018-12-03  HousingWire

As CEO, Kevin Brungardt has guided RoundPoint Mortgage Servicing Corp. into a berth among the top 15 nonbank servicing companies in the U.S. With the ...

PROPERTY SALES - WatertownDailyTimes.com
PROPERTY SALES  WatertownDailyTimes.com

JEFFERSON COUNTY. The following property sales were recorded in Jefferson County clerk's office Dec. 4: Town of Champion: 0.22 acres, 34731 Freeman ...

Shakeout among mortgage lenders could take time to materialize - National Mortgage News
Shakeout among mortgage lenders could take time to materialize  National Mortgage News

The expected rightsizing of the mortgage lending industry will take time to play out, and until it does, the housing finance industry's margins will remain ...

Mortgage Foreclosure: Dustin Meide 37-18-008257 - Republican Eagle
Mortgage Foreclosure: Dustin Meide 37-18-008257  Republican Eagle

NOTICE OF MORTGAGE FORECLOSURE SALE THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE ...

Firm Capital Mortgage Investment Corp (FC) Director Jonathon Mair Sells 1,800 Shares - XNewsPress
Firm Capital Mortgage Investment Corp (FC) Director Jonathon Mair Sells 1,800 Shares  XNewsPress

Firm Capital Mortgage Investment Corp (TSE:FC) Director Jonathon Mair sold 1800 shares of the firm's stock in a transaction on Friday, November 30th.

Independent mortgage banks see profit slump in Q3 - Mortgage Professional America
Independent mortgage banks see profit slump in Q3  Mortgage Professional America

Profits at independent mortgage banks and mortgage subsidiaries of chartered banks lagged during the third quarter, with the net gain on each loan falling to ...

Ocwen Financial Corporation Announces Senior Leadership Appointments - GlobeNewswire
Ocwen Financial Corporation Announces Senior Leadership Appointments  GlobeNewswire

Timothy Yanoti Named Executive Vice President and Chief Growth Officer. Al Celini Appointed Senior Vice President, Chief Risk and Compliance Officer.

PSM HOLDINGS In/SH (PSMH) versus Ocwen Financial (NYSE:OCN) Financial Contrast - Fairfield Current
PSM HOLDINGS In/SH (PSMH) versus Ocwen Financial (NYSE:OCN) Financial Contrast  Fairfield Current

PSM HOLDINGS In/SH (OTCMKTS:PSMH) and Ocwen Financial (NYSE:OCN) are both finance companies, but which is the better investment? We will contrast ...

Panthers' owner David Tepper continues development plan - The Charlotte Observer
Panthers' owner David Tepper continues development plan  The Charlotte Observer

David Tepper continues to take preliminary steps in the Carolina Panthers' infrastructure and development growth, including by hiring new development exec ...

New Residential to rebrand former Shellpoint Mortgage subsidiary - National Mortgage News
New Residential to rebrand former Shellpoint Mortgage subsidiary  National Mortgage News

New Penn Financial will change its name to NewRez at the start of 2019, reflecting its acquisition earlier this year by New Residential Investment Corp.

What's Driving Mortgage Servicing? - DSNews.com
What's Driving Mortgage Servicing?  DSNews.com

From business expansion to exploring the value of artificial intelligence to make mortgage servicing more cost-effective, Steven Frie, Director Structured Finance ...

Glassdoor: These are the 2019 best places to work in housing and mortgage finance - HousingWire
Glassdoor: These are the 2019 best places to work in housing and mortgage finance  HousingWire

Glassdoor, the workspace-satisfaction ratings website, recently announced the winners of its 2019 Employees' Choice Awards for the Best Places to Work, ...

TruHome signs 7 new credit union partnerships - Credit Union Journal
TruHome signs 7 new credit union partnerships  Credit Union Journal

CUs in Kansas, Missouri, Texas and Florida have joined the Kansas City-area credit union *service* organization.

Slashing Through the Servicing Jungle - DSNews.com
Slashing Through the Servicing Jungle  DSNews.com

Editor's Note: This feature appeared in the November issue of DS News. According to the Mortgage Bankers Association's 2017 Servicing Operations Study, ...

Mortgage bankers' 3Q profits return to a recession-era low - National Mortgage News
Mortgage bankers' 3Q profits return to a recession-era low  National Mortgage News

Third-quarter profitability fell to 2008 levels in the Mortgage Bankers Association's latest report, suggesting the seasonally slower fourth quarter could be ...

Ginnie Mae Updates Servicing and Issuer Application Rules - Mortgageorb
Ginnie Mae Updates Servicing and Issuer Application Rules  Mortgageorb

Ginnie Mae has published new servicing and issuer application rules aimed at strengthening the stability and integrity of the mortgage-backed securities market.

The financial crisis rocked Charlotte. Here’s what’s changed in the past decade. - The Charlotte Observer
The financial crisis rocked Charlotte. Here’s what’s changed in the past decade.  The Charlotte Observer

The 2008 financial crisis changed “Banktown” Charlotte, NC, as Wachovia was bought by San Francisco's Wells Fargo and Bank of America's CEO stepped ...

Head-To-Head Analysis: AG Mortgage Investment Trust (NYSE:MITT) & Whitestone REIT (WSR) - XNewsPress
Head-To-Head Analysis: AG Mortgage Investment Trust (NYSE:MITT) & Whitestone REIT (WSR)  XNewsPress

AG Mortgage Investment Trust (NYSE:MITT) and Whitestone REIT (NYSE:WSR) are both small-cap finance companies, but which is the better stock? We will ...

Education Dept. Cancels Plan for New Student Loan System and Will Try Again - The New York Times
Education Dept. Cancels Plan for New Student Loan System and Will Try Again  The New York Times

Legal challenges forced the agency to scrap bids for a new website and other tech changes aimed at simplifying the repayment process for millions of ...

Here are the top 5 mortgage servicers | 2018-07-26 - HousingWire
Here are the top 5 mortgage servicers | 2018-07-26  HousingWire

Despite recent technological advancements in the mortgage industry, servicers continue to lag behind in an already lagging industry. The latest survey from J.D. ...

Hunt Companies Finance Trust Inc (NYSE:HCFT) Sellers Reduced Their Shorts By 19.47% - The EN Bulletin
Hunt Companies Finance Trust Inc (NYSE:HCFT) Sellers Reduced Their Shorts By 19.47%  The EN Bulletin

It was registered a decrease on Hunt Companies Finance Trust Inc (NYSE:HCFT)'s short interest with 19.47%. FINRA published in December HCFT's total ...

U.S. Bancorp Bucks Industry Trend By Continuing To Grow Its Mortgage Servicing Portfolio - Forbes Now
U.S. Bancorp Bucks Industry Trend By Continuing To Grow Its Mortgage Servicing Portfolio  Forbes Now

The U.S. banking industry has seen the total size of its mortgage servicing portfolio shrink steadily since 2012, as increased capital requirements for mortgage ...

U.S. Bancorp Is The Only Major U.S. Bank Still Reporting Mortgage Servicing Growth - Forbes Now
U.S. Bancorp Is The Only Major U.S. Bank Still Reporting Mortgage Servicing Growth  Forbes Now

The trend of a sequential decline in the total mortgage servicing portfolio for the five largest U.S. banks continued in the first quarter of 2018, as a notable ...

Improving Efficiencies in Mortgage Servicing - DSNews.com
Improving Efficiencies in Mortgage Servicing  DSNews.com

Here's how tech is helping default servicers streamline their operations to focus on people who matter the most—homeowners.

Contrasting Mid-America Apartment Communities (MAA) & AG Mortgage Investment Trust (MITT) - PressOracle
Contrasting Mid-America Apartment Communities (MAA) & AG Mortgage Investment Trust (MITT)  PressOracle

Mid-America Apartment Communities (NYSE:MAA) and AG Mortgage Investment Trust (NYSE:MITT) are both finance companies, but which is the superior ...

Cornerworld (CWRL) and Altisource Portfolio Solutions (ASPS) Head to Head Contrast - Fairfield Current
Cornerworld (CWRL) and Altisource Portfolio Solutions (ASPS) Head to Head Contrast  Fairfield Current

Cornerworld (OTCMKTS:CWRL) and Altisource Portfolio Solutions (NASDAQ:ASPS) are both small-cap computer and technology companies, but which is the ...

Equator Launches Mortgage-Servicing Blockchain Solution - DSNews.com
Equator Launches Mortgage-Servicing Blockchain Solution  DSNews.com

Equator, a California-headquartered Altisource business unit and a provider of residential loan default software and marketing solutions for many of the country's ...

Don’t Like Your Mortgage Servicer? Good Luck Trying to Switch - The New York Times
Don’t Like Your Mortgage Servicer? Good Luck Trying to Switch  The New York Times

Borrowers can't simply cut off a lender or servicer like Wells Fargo. Sound familiar? Retirement plans and student lending are like this, too.

New Residential Investment Corp (NYSE:NRZ) Shares Bought by Connor Clark & Lunn Investment Management Ltd. - Fairfield Current
New Residential Investment Corp (NYSE:NRZ) Shares Bought by Connor Clark & Lunn Investment Management Ltd.  Fairfield Current

Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of New Residential Investment Corp (NYSE:NRZ) by 26.2% during the third ...

A Survival Guide for Today's Mortgage Market - The MReport
A Survival Guide for Today's Mortgage Market  The MReport

Click through to learn what lenders must do to create a customer-centric work culture that balances technology with the human touch.

Institutional Investor's Anti-Cherry Hill Mortgage Investment Corp (NYSE:CHMI) Sentiment In Q3 2018 - MoneyMakingArticles
Institutional Investor's Anti-Cherry Hill Mortgage Investment Corp (NYSE:CHMI) Sentiment In Q3 2018  MoneyMakingArticles

Cherry Hill Mortgage Investment Corp (NYSE:CHMI) institutional sentiment decreased to 2.04 in Q3 2018. Its down -0.28, from 2.32 in 2018Q2. The ratio dived ...

Rothschild & Co. Asset Management US Inc. Cuts Holdings in MFA FINL INC/SH (MFA) - Fairfield Current
Rothschild & Co. Asset Management US Inc. Cuts Holdings in MFA FINL INC/SH (MFA)  Fairfield Current

Rothschild & Co. Asset Management US Inc. lowered its stake in MFA FINL INC/SH (NYSE:MFA) by 2.1% in the 3rd quarter, according to its most recent ...

​CBJ Morning Buzz: Are the Panthers eyeing SC sites for HQ, practice facility?; Construction firm cited after worker's death; Cocktail bar's opening delayed - Charlotte Business Journal
​CBJ Morning Buzz: Are the Panthers eyeing SC sites for HQ, practice facility?; Construction firm cited after worker's death; Cocktail bar's opening delayed  Charlotte Business Journal

In local news: Are the Carolina Panthers about to hop the state line into South Carolina? Citing two unnamed sources, The Post and Courier newspaper in ...

Redwood Trust, Inc. (RWT) Given Consensus Rating of “Buy” by Analysts - Fairfield Current
Redwood Trust, Inc. (RWT) Given Consensus Rating of “Buy” by Analysts  Fairfield Current

Redwood Trust, Inc. (NYSE:RWT) has earned an average rating of “Buy” from the six analysts that are currently covering the stock, MarketBeat reports.

Aviva PLC Trims Position in Zions Bancorp (ZION) - Fairfield Current
Aviva PLC Trims Position in Zions Bancorp (ZION)  Fairfield Current

Aviva PLC decreased its holdings in Zions Bancorp (NASDAQ:ZION) by 3.5% in the third quarter, according to its most recent filing with the Securities and ...

Wintrust Closes Assets Acquisition of American Enterprise - Nasdaq
Wintrust Closes Assets Acquisition of American Enterprise  Nasdaq

Wintrust Financial Corporation WTFC recently completed the acquisition of certain assets and the assumption of certain liabilities of American Enterprise Bank ...

Equator and Factom Team to Deliver Mortgage Servicing Platform Utilizing Blockchain - Mortgageorb
Equator and Factom Team to Deliver Mortgage Servicing Platform Utilizing Blockchain  Mortgageorb

Equator, a business unit of Altisource, has integrated the Factom Harmony blockchain-as-a-*service* (BaaS) platform into the Equator PRO default servicing ...

Cherry Hill Loves Management Fees Enough To Dilute Shareholders - Seeking Alpha
Cherry Hill Loves Management Fees Enough To Dilute Shareholders  Seeking Alpha

If interest rates decreased, the value of the portfolio would decline. However, if interest rates increased, the value of the portfolio would increase. We like the ...

GSEs vying to help lenders manage mortgage servicing rights - National Mortgage News
GSEs vying to help lenders manage mortgage servicing rights  National Mortgage News

Government-sponsored enterprises Fannie Mae and Freddie Mac are in a race to offer services and technology that help mortgage bankers raise cash from ...

ZIONS BANCORPORATION NA - Consenus Indicates Potential 33.9% Upside - DirectorsTalk Interviews
ZIONS BANCORPORATION NA - Consenus Indicates Potential 33.9% Upside  DirectorsTalk Interviews

ZIONS BANCORPORATION NA with ticker code (ZION) have now 25 analysts covering the stock. The analyst consensus points to a rating of 'Buy'. The range.

Black Knight introduces consumer-centric mortgage servicing solution - HousingWire
Black Knight introduces consumer-centric mortgage servicing solution  HousingWire

This week, mortgage data and solutions provider Black Knight introduced a new solution that aims to help mortgage servicers deepen customer relationships ...

PHFA switching to Black Knight's mortgage servicing platform - National Mortgage News
PHFA switching to Black Knight's mortgage servicing platform  National Mortgage News

The Pennsylvania Housing Finance Agency is switching to Black Knight's LoanSphere MSP to *service* the agency's $4.9 billion mortgage loan portfolio.

Lake Michigan Credit Union Using Black Knight's Mortgage Servicing Platform - Mortgageorb
Lake Michigan Credit Union Using Black Knight's Mortgage Servicing Platform  Mortgageorb

Lake Michigan Credit Union, operating in Michigan and growing in Florida, is now using Black Knight's MSP to *service* its mortgage loans. The end-to-end ...

SPS Selects ServiceLink's EXOS Technologies to Elevate Mortgage Servicing - PR Newswire
SPS Selects ServiceLink's EXOS Technologies to Elevate Mortgage Servicing  PR Newswire

PITTSBURGH, Oct. 22, 2018 /PRNewswire/ -- ServiceLink, LLC., continues to drive the digital mortgage space by securing a new partnership with Select ...

States ramp up licensing for mortgage servicers - National Mortgage News
States ramp up licensing for mortgage servicers  National Mortgage News

Servicers and MSR investors face increased regulation and oversight as nearly all states now require some form of licensing for firms responsible for mortgage ...

HomeStreet to sell a piece of its mortgage servicing portfolio - HousingWire
HomeStreet to sell a piece of its mortgage servicing portfolio  HousingWire

Seattle bank HomeStreet announced this week it will sell a piece of its mortgage servicing rights to Matrix Financial Services. The deal, which includes an ...

Charlotte is losing this mortgage company to S.C. - The Charlotte Observer
Charlotte is losing this mortgage company to S.C.  The Charlotte Observer

Charlotte is losing the headquarters of RoundPoint Mortgage Servicing Corp., which is relocating just over the South Carolina border in exchange for a state ...

SEC charges executive of mortgage servicer with insider trading - MarketWatch
SEC charges executive of mortgage servicer with insider trading  MarketWatch

The Securities and Exchange Commission charged Bryan R. Ziegenfuse, a vice president of Servicing for Ocwen Financial Corporation, OCN, -5.37% a ...

Three Key Plays in Modern Mortgage Servicing - The MReport
Three Key Plays in Modern Mortgage Servicing  The MReport

Challenges of the mortgage servicing landscape continue to evolve into a borrower-focused experience. While borrowers have always been at the center of loan ...

The National Mortgage Settlement is officially over - HousingWire
The National Mortgage Settlement is officially over  HousingWire

One of the vestiges of the financial crisis is now officially in the past. The National Mortgage Settlement, the massive mortgage servicing settlement between the ...

Pretium Capitalizes on Mortgage Servicing With Selene Acquisition - DSNews.com
Pretium Capitalizes on Mortgage Servicing With Selene Acquisition  DSNews.com

Pretium Partners, LLC has announced it has agreed to acquire Selene Holdings LLC from Oaktree Capital Management, L.P. and Ranieri Partners, LLC.

Mortgage Services Guide: Data and analytics | 2018-08-31 - HousingWire
Mortgage Services Guide: Data and analytics | 2018-08-31  HousingWire

HousingWire's Mortgage Services Guide is a one-stop shop for finding the *service* provider your business is looking for. This monthly blog will highlight different ...

Here’s how Charlotte lost more than 1,000 good-paying jobs to South Carolina - Charlotte Observer
Here’s how Charlotte lost more than 1,000 good-paying jobs to South Carolina  Charlotte Observer

North Carolina offered millions of dollars in incentives to retain Charlotte, N.C., mortgage company RoundPoint Mortgage Servicing Corp., which ultimately ...

Pretium Partners Buys Mortgage Servicer Selene - Mortgageorb
Pretium Partners Buys Mortgage Servicer Selene  Mortgageorb

Pretium Partners, an investment management firm focused on real estate, mortgage finance and corporate credit with more than $10 billion in assets under ...

Fortunes reverse as Ditech servicing now props struggling mortgage lending - HousingWire
Fortunes reverse as Ditech servicing now props struggling mortgage lending  HousingWire

It's been quite the year for Ditech as the company emerged from bankruptcy, lost its spot on the New York Stock Exchange due to the poor performance of its ...

The State of Mortgage Lending and Servicing - DSNews.com
The State of Mortgage Lending and Servicing  DSNews.com

What trends are impacting the landscape of lending and servicing in 2018? A new survey provides insights into the organizations involved, and the makeup of ...

Ellington Financial LLC's (NYSE:EFC) Sentiment is 1 - Flecha 123
Ellington Financial LLC's (NYSE:EFC) Sentiment is 1  Flecha 123

Ellington Financial LLC (NYSE:EFC) institutional sentiment decreased to 1 in 2018 Q3. Its down -1.25, from 2.25 in 2018Q2. The ratio turned negative, as 15 ...

7 servicing tips for keeping compliance costs in check - National Mortgage News
7 servicing tips for keeping compliance costs in check  National Mortgage News

The Consumer Financial Protection Bureau may be easing off on certain regulatory requirements, but new rules for successors in interest and bankruptcy ...

RoundPoint Mortgage Servicing adds five executives | 2018-04-11 - HousingWire
RoundPoint Mortgage Servicing adds five executives | 2018-04-11  HousingWire

Nonbank servicer RoundPoint Mortgage has added five executives to its senior management team. The company has added three execs to its Dallas office: ...

Wells Fargo names Jeff Smith to head home mortgage servicing - National Mortgage News
Wells Fargo names Jeff Smith to head home mortgage servicing  National Mortgage News

Wells Fargo has named Senior Vice President Jeff Smith to succeed Perry Hilzendeger as head of home loan servicing following Hilzendeger's earlier ...

Mortgage servicing firm Cenlar opening first Missouri office, adding 500 jobs in O'Fallon, Mo. - STLtoday.com
Mortgage servicing firm Cenlar opening first Missouri office, adding 500 jobs in O'Fallon, Mo.  STLtoday.com

The company's new Missouri office, its first in the state, will be staffed with mostly loan servicing professionals.

RoundPoint Mortgage Servicing Hires Colleen Winslow as Chief Human Resources Officer - Mortgageorb
RoundPoint Mortgage Servicing Hires Colleen Winslow as Chief Human Resources Officer  Mortgageorb

Colleen Winslow has joined RoundPoint Mortgage Servicing Corp. as chief human resources officer. Winslow has more than 25 years of banking and financial ...

Jana Partners Has Cut Its Zayo Group Hldgs (ZAYO) Holding by $14.09 Million; Stock Price Declined; Legacy Private Trust Lifted Associated Banc (ASB) Holding - EN Digest
Jana Partners Has Cut Its Zayo Group Hldgs (ZAYO) Holding by $14.09 Million; Stock Price Declined; Legacy Private Trust Lifted Associated Banc (ASB) Holding  EN Digest

Jana Partners Llc decreased its stake in Zayo Group Hldgs Inc (ZAYO) by 19.93% based on its latest 2018Q3 regulatory filing with the SEC. Jana Partners Llc ...

How AI Will Change Mortgage Servicing - DSNews.com
How AI Will Change Mortgage Servicing  DSNews.com

On Monday, Black Knight Inc. announced the acquisition of HeavyWater, an artificial intelligence and machine learning (AI/ML) provider for the financial services ...

Big changes at CIT: Exits reverse mortgage and servicing businesses - HousingWire
Big changes at CIT: Exits reverse mortgage and servicing businesses  HousingWire

CIT Group's exit from the reverse mortgage business is now complete, but that's not the only big change for the bank. CIT Group, the parent company of CIT Bank ...

Servicing reverse mortgage loans in a hurricane's wake - HousingWire
Servicing reverse mortgage loans in a hurricane's wake  HousingWire

Two weeks ago, Hurricane Michael decimated parts of the Florida panhandle, leaving thousands of homeowners left to deal with the destruction. While the ...

Fitch Examines Top Servicers - DSNews.com
Fitch Examines Top Servicers  DSNews.com

A new report from Fitch traces the shifts in mortgage servicing portfolios in Q4 2017, tracking Mr. Cooper, Ocwen, and more.

Downsizing and servicing offset lower volume at Impac Mortgage - National Mortgage News
Downsizing and servicing offset lower volume at Impac Mortgage  National Mortgage News

Impac Mortgage Holdings generated almost $4 million in net income during the first quarter as it continued to downsize to adjust for origination declines and ...

DS News July: How Tech Is Transforming Mortgage Servicing - DSNews.com
DS News July: How Tech Is Transforming Mortgage Servicing  DSNews.com

The latest print edition of DS News is nearly here. On July 1, the new print issue will arrive in mailboxes and online, and it's packed to the brim with insightful, ...

RoundPoint Mortgage Servicing Adds New Talent to its Executive Team - Mortgageorb
RoundPoint Mortgage Servicing Adds New Talent to its Executive Team  Mortgageorb

Bryan Camilli has joined RoundPoint Mortgage Servicing Corp. (RPMS) as vice president of agency relationships. In addition, Cindy McGovern has joined the ...

The Opportunities and Challenges of Blockchain in Mortgage Servicing - DSNews.com
The Opportunities and Challenges of Blockchain in Mortgage Servicing  DSNews.com

Blockchain is creating a lot of buzz—and a lot of confusion. Primarily, this technology offers the capacity to record and monitor transactions in what is called a ...

HomeStreet to sell $5B in mortgage servicing rights - American Banker
HomeStreet to sell $5B in mortgage servicing rights  American Banker

The deal is designed to improve capital ratios and reduce risk at the Seattle company.

Reviewing Sandy Spring Bancorp (SASR) and Trustmark (TRMK) - Baseball Daily News
Reviewing Sandy Spring Bancorp (SASR) and Trustmark (TRMK)  Baseball Daily News

Sandy Spring Bancorp (NASDAQ:SASR) and Trustmark (NASDAQ:TRMK) are both small-cap finance companies, but which is the superior stock? We will ...

Washington Amends Mortgage Servicing Regulations | Ballard Spahr LLP - JD Supra
Washington Amends Mortgage Servicing Regulations | Ballard Spahr LLP  JD Supra

The Washington Department of Financial Institutions (DFI) amended its regulations under the Consumer Loan Act, effective September 1, 2018. Changes are ...

Analyzing SEC BANCORP INC/SH SH (SCYT) & Riverview Bancorp (RVSB) - Baseball Daily News
Analyzing SEC BANCORP INC/SH SH (SCYT) & Riverview Bancorp (RVSB)  Baseball Daily News

SEC BANCORP INC/SH SH (OTCMKTS:SCYT) and Riverview Bancorp (NASDAQ:RVSB) are both small-cap finance companies, but which is the superior ...

It's time to redefine service in the mortgage servicing industry - HousingWire
It's time to redefine service in the mortgage servicing industry  HousingWire

The servicing industry has historically been about call centers and collections. Companies staff up or staff down depending on the market condition and overlook ...

Mortgage servicing landscape being reshaped by market consolidation - National Mortgage News
Mortgage servicing landscape being reshaped by market consolidation  National Mortgage News

The largest residential mortgage servicers will get even larger in 2018, benefiting from consolidation and the outsourcing of servicing rights acquired by ...

Looser capital rules could stabilize mortgage servicing, banks say - National Mortgage News
Looser capital rules could stabilize mortgage servicing, banks say  National Mortgage News

Banks would welcome a proposal to loosen Basel III capital restrictions because it would make holding mortgage servicing rights easier and stem the recent ...

More turmoil at Ocwen as company nears merger - The Real Deal
More turmoil at Ocwen as company nears merger  The Real Deal

A second top executive at the troubled mortgage *service* provider Ocwen Financial Corp. is leaving the company.

Citizens Bank Adds 200K Households to its Servicing Portfolio - DSNews.com
Citizens Bank Adds 200K Households to its Servicing Portfolio  DSNews.com

The acquisition will help Citizens Financial expand its mortgage banking business as well as create a top-15 bank-owned mortgage servicing and origination ...