BPO

Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale

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木曜日, 5月 9, 2024

WASHINGTON, May 9, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-fourth non-performing loan sale transaction.

Key Points: 
  • WASHINGTON, May 9, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-fourth non-performing loan sale transaction.
  • All purchasers are required to honor any approved or in-process loss mitigation efforts at the time of sale, including forbearance arrangements and loan modifications.
  • In addition, purchasers must offer delinquent borrowers a waterfall of loss mitigation options, including loan modifications, which may include principal forgiveness, prior to initiating foreclosure on any loan.
  • Fannie Mae will also post information about specific pools available for purchase on that page.

IBEX Announces Third Quarter of Fiscal Year 2024 Financial Results with Record Performance

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木曜日, 5月 9, 2024

WASHINGTON, May 09, 2024 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”), a leading provider in global business process outsourcing and end-to-end customer engagement technology solutions, today announced financial results for its third fiscal quarter ended March 31, 2024.

Key Points: 
  • WASHINGTON, May 09, 2024 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”), a leading provider in global business process outsourcing and end-to-end customer engagement technology solutions, today announced financial results for its third fiscal quarter ended March 31, 2024.
  • “Our third quarter fiscal 2024 results were one of the strongest in our history, with record levels of adjusted EBITDA margin and adjusted EPS,” commented Bob Dechant, CEO of ibex.
  • “For the quarter, our adjusted EBITDA was $19.2 million, resulting in record 15.1% adjusted EBITDA margin and $0.70 adjusted EPS.
  • IBEX Limited will host a conference call and live webcast to discuss its third quarter of fiscal year 2024 financial results at 4:30 p.m. Eastern Time today, May 9, 2024.

KBRA Assigns Preliminary Ratings to Progress Residential 2024-SFR3

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水曜日, 5月 8, 2024

KBRA assigns preliminary ratings to seven classes of Progress Residential 2024-SFR3 (Progress 2024-SFR3) single-family rental pass-through certificates.

Key Points: 
  • KBRA assigns preliminary ratings to seven classes of Progress Residential 2024-SFR3 (Progress 2024-SFR3) single-family rental pass-through certificates.
  • The subject transaction will be the 29th KBRA-rated securitization issued by Progress Residential.
  • KBRA adjusted the BPOs, which yielded an aggregate value of $771.2 million, which represents a 5.0% haircut to the nominal BPO value.
  • To determine loss given default (LGD), KBRA assumes the underlying properties would be liquidated in the residential property market.

transcosmos releases a testing service that improves & stabilizes software quality in South Korea

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水曜日, 5月 8, 2024

TOKYO, May 8, 2024 /PRNewswire-PRWeb/ -- transcosmos hereby announces that the company has released SW Testing, a software testing service in South Korea. The service helps businesses improve and stabilize software quality. In line with ISO/IEC 29119, internationally-agreed software testing standards, transcosmos will deliver the service across various industries including the nce, public sector, gaming, e-commerce, system integration, and more.

Key Points: 
  • TOKYO, May 8, 2024 /PRNewswire-PRWeb/ -- transcosmos hereby announces that the company has released SW Testing, a software testing service in South Korea.
  • Most of the software testing services currently available in South Korea are based on a contract with a fixed number of testers for a fixed period.
  • To address diverse challenges in software testing processes, there are four types of service menus under the SW Testing, specifically, 1) on-site QA expert service; 2) remote testing service; 3) hybrid model service; and 4) on-demand service.
  • Hybrid model service: Combining on-site QA expert service and remote testing service, effective for various usability testing and large-scale testing.

transcosmos becomes a certified business under the Okinawa Prefecture CO2 Absorption Certification Program

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木曜日, 5月 2, 2024

TOKYO, May 2, 2024 /PRNewswire-PRWeb/ -- transcosmos is proud to announce that on April 11, 2024, the company received a certificate at the Okinawa Prefecture CO2 Absorption Certification Ceremony held at the Okinawa Prefectural Office.

Key Points: 
  • transcosmos is a certified Okinawa SDGs Partner Company and has been carrying out various initiatives to serve the community.
  • As a company committed to local communities, transcosmos will continue to contribute to the development of Okinawa prefecture.
  • Find out more about transcosmos's climate change initiatives:
    "Congratulations on receiving the CO2 Absorption Certification under our prefecture's program," Kazuhiro Tarama, Director of Environment Department, Okinawa Prefectural Government said at the ceremony.
  • "We, Okinawa prefecture, expect the Okinawa Prefecture CO2 Absorption Certification Program will encourage society to plant and grow trees, thereby promoting tree planting activities that contribute to creating more carbon sinks.

Tech Mahindra and Atento Partner to Deliver Gen-AI Powered Business Transformation Services to Global Enterprises

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火曜日, 4月 30, 2024

By combining Atento's leadership in nearshore CX capabilities in Latin America and Tech Mahindra's global footprint and range of services, the partnership will provide a comprehensive suite of business process outsourcing (BPO) solutions and services in more than 50 languages.

Key Points: 
  • By combining Atento's leadership in nearshore CX capabilities in Latin America and Tech Mahindra's global footprint and range of services, the partnership will provide a comprehensive suite of business process outsourcing (BPO) solutions and services in more than 50 languages.
  • These solutions will empower enterprises with enhanced operational efficiency, scalability, and agility to provide superior digital CX.
  • Birendra Sen, Business Head, Business Process Services, Tech Mahindra, said, "At Tech Mahindra, we are committed to pushing the boundaries of innovation and continuously improving our Business Process Services (BPS) to cater to the evolving needs of our customers.
  • With a shared commitment to enhancing customer experiences and driving digital transformation, the partnership marks a significant milestone for both Tech Mahindra and Atento.

The DDC Group Appoints WNS' Nimesh Akhauri as New Group CEO

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火曜日, 4月 30, 2024

EVERGREEN, Colo., April 30, 2024 /PRNewswire/ -- The DDC Group, a pioneer in data solutions and leading provider in business process outsourcing (BPO) and technology, is pleased to announce the appointment of Nimesh Akhauri as its new Group Chief Executive Officer (CEO), effective May 1, 2024. Group CEO predecessor and Co-founder Jan Trevalyan, who has stood at the helm for the past 35 years, will assume the esteemed position of Chairman of the Board.

Key Points: 
  • Founded in 1989 as one of the world's first BPO companies, The DDC Group has consistently set industry standards, delivering exceptional value to its clients worldwide under Trevalyan's visionary leadership.
  • The esteemed Co-founder and outgoing CEO has led The DDC Group with vision and dedication for the past 35 years.
  • "It is an honor to join The DDC Group at such an exciting time in its journey," remarked Akhauri.
  • As The DDC Group embraces the future with enthusiasm, the company remains steadfast in its dedication to creating data-driven, goal-oriented solutions that deliver unmatched customer satisfaction.

The DDC Group Appoints WNS' Nimesh Akhauri as New Group CEO

Retrieved on: 
火曜日, 4月 30, 2024

EVERGREEN, Colo., April 30, 2024 /PRNewswire/ -- The DDC Group, a pioneer in data solutions and leading provider in business process outsourcing (BPO) and technology, is pleased to announce the appointment of Nimesh Akhauri as its new Group Chief Executive Officer (CEO), effective May 1, 2024. Group CEO predecessor and Co-founder Jan Trevalyan, who has stood at the helm for the past 35 years, will assume the esteemed position of Chairman of the Board.

Key Points: 
  • The DDC Group extends heartfelt gratitude to Trevalyan.
  • The esteemed Co-founder and outgoing CEO has led The DDC Group with vision and dedication for the past 35 years.
  • "It is an honor to join The DDC Group at such an exciting time in its journey," remarked Akhauri.
  • As The DDC Group embraces the future with enthusiasm, the company remains steadfast in its dedication to creating data-driven, goal-oriented solutions that deliver unmatched customer satisfaction.

Borrowers who have or had a loan serviced by Ocwen Loan Servicing, LLC and paid for Broker Price Opinions or Hybrid Valuations between 2010 and 2017, may be entitled to the benefits of a class action settlement. Estimated payments are $60 per Broker Price

Retrieved on: 
月曜日, 4月 29, 2024

The Nationwide Settlement Class and California Settlement Sub-Cass are collectively the Settlement Class.

Key Points: 
  • The Nationwide Settlement Class and California Settlement Sub-Cass are collectively the Settlement Class.
  • The Court appointed the law firm of Baron & Budd P.C., to represent Settlement Class Members as Settlement Class Counsel.
  • Settlement Class Counsel will request attorneys' fees, estimated to be $8,000,000, plus reimbursable litigation costs, estimated to be $950,000.
  • Go to www.OcwenFeeSettlement.com , email [email protected] , call toll-free 1-888-995-0316, or write to Ocwen Fee Settlement, c/o JND Legal Administration, P.O.

IBEX Limited to Announce Third Quarter 2024 Financial Results on May 9, 2024

Retrieved on: 
木曜日, 4月 25, 2024

WASHINGTON, April 25, 2024 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”) (Nasdaq: IBEX), a leading global provider of business process outsourcing (BPO) and customer engagement technology solutions, today announced that it will report third quarter 2024 financial results after the market close on Thursday, May 9, 2024.

Key Points: 
  • WASHINGTON, April 25, 2024 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”) (Nasdaq: IBEX), a leading global provider of business process outsourcing (BPO) and customer engagement technology solutions, today announced that it will report third quarter 2024 financial results after the market close on Thursday, May 9, 2024.
  • Management will host a conference call and webcast to discuss the Company's financial results, recent developments, and business outlook at 4:30 p.m.
  • ET.