When you take in new loans from originations, MSR acquisitions, or portfolio transfers, there is no such thing as a “lit...
Preparing for Foreclosures – Are Servicers Ready?
In April, the Consumer Financial Protection Bureau (CFPB) put in efforts to strengthen protections for pandemic-affected...
Mortgage Servicers can Limit Foreclosures – Steps to Follow
As a part of its efforts to prevent a huge spike in foreclosures, the Consumer Financial Protection Bureau (CFPB) recent...
Streamlining Default Servicing – Ways to Do It
The current environment in default servicing is complex. Frequent new regulatory and policy updates mean lenders and ser...
Loan Modification Process Outsourcing Saves Servicers Time and Money
Given the economic impact of the pandemic, mortgage defaults have been a stark reality. In this situation, loan modifica...
Retention Blues: Servicers Must Intensify Retention Efforts
An old adage states that it is cheaper to retain an existing customer than to source a new one. For years, mortgage serv...
Mortgage Loan Modification – We Can Save You Time & Money
It’s clear that the servicing industry is continuing to place a laser-like focus on improving and controlling the borrow...
Limiting Mortgage Default Servicing Hassles in Turbulent Times
As per WSJ reports, “the current recession has made it particularly hard to determine who is creditwort...
Tackling Challenges in Mortgage Loan Servicing – Ways to Do It
Mortgage loan servicing business is experiencing significant challenges due to the COVID-19 crisis. With a rise in defau...
Streamlining Mortgage Default Servicing: Unavailable Staff & Right Tech
Mortgage delinquencies have surged more than 8% to a 9-year high as the coronavirus pandemic hits a corner of the mortga...