Mortgage servicer

Ascendum KPS Receives Top Honor by NMP Magazine as a 2022 Most Loved Mortgage Employer

Retrieved on: 
Wednesday, October 5, 2022
Knowledge, Culture, Fast Company, Gold Award, NMP, Gold Award (Girl Scouts of the USA), ROI, Workplace, The Youngest Was the Most Loved, Government National Mortgage Association, CMB, Binary relation, Financial services, MBE, Mortgage servicer, Solution, Insurance

CINCINNATI, Oct. 5, 2022 /PRNewswire/ -- Ascendum KPS (Knowledge Processing Services), a division of Ascendum Solutions, a global digital innovation firm, received the Gold Award as the 2022's Most Loved Employers by National Mortgage Professional (NMP) Magazine in the Mortgage Service Providers category. The award was announced in the October issue of the magazine.

Key Points: 
  • CINCINNATI, Oct. 5, 2022 /PRNewswire/ -- Ascendum KPS (Knowledge Processing Services), a division of Ascendum Solutions, a global digital innovation firm , received the Gold Award as the 2022's Most Loved Employers by National Mortgage Professional (NMP) Magazine in the Mortgage Service Providers category.
  • "We wouldn't be where we are without our exceptional people, the very best team in the mortgage servicing industry."
  • "Ascendum's recognition as the Most Loved Mortgage Employer is especially gratifying," said Ascendum Senior SVP of Financial Services, Suresh Ramakrishnan, CMB.
  • Ascendum KPS is a division of Ascendum Solutions and a trusted provider of end-to-end mortgage loan processing, title, and accounting services.

SingleSource Attorney Conclusion of Title (ACT™) to Offer Major Consumer Savings

Retrieved on: 
Monday, August 22, 2022
ACT, Mortgage servicer, Insurance, Time, Policy, Law of the United Kingdom, GSE, ACTS, REO, AM Best, Ecosystem, Industry, Life, Security (finance)

CANONSBURG, Pa., Aug. 22, 2022 /PRNewswire/ -- SingleSource Property Solutions, a leading provider of property services supporting the U.S. housing industry, has launched the SingleSource Attorney Conclusion of Title (ACT™), a standardized attorney opinion letter that will save mortgage borrowers and lenders significant costs while providing comparable coverage to a more costly title insurance policy.

Key Points: 
  • The SingleSource ACT is being offered through a collaboration with Voxtur, a technology company creating a more transparent and accessible real estate lending ecosystem.
  • "Lenders and consumers finally have a new option when it comes to title insurance," SingleSource Property Solutions COO Ed Austin said.
  • As a nationwide title company, SingleSource is thrilled to offer an alternative that provides major cost and time savings for consumers nationwide."
  • Founded in 2000, the company offers nationwide solutions in valuations, title & settlement, property preservation, REO asset management, and document management.

Vesta Announces New Integration with Asurity to Power Seamless Digital Compliance Monitoring

Retrieved on: 
Tuesday, May 24, 2022
Commercial Building & Real Estate, Technology, Construction & Property, Finance, Banking, Professional Services, Software, Data Management, Other Construction & Property, Residential Building & Real Estate, Mortgage servicer, Risk, Conversational Capital, Blend, Bain Capital Ventures, HMDA, API, Efficiency, Partnership, CRA, Compliance, Index Ventures, Software as a service, LOS, Logic, CEO, Real estate, Renewable energy, Vesta, Asure Software

Vesta , a modern mortgage loan origination system and software-as-a-service company, today announces a new first-class integration with Asurity Technologies, LLC (Asurity), a leading provider of mortgage compliance technology.

Key Points: 
  • Vesta , a modern mortgage loan origination system and software-as-a-service company, today announces a new first-class integration with Asurity Technologies, LLC (Asurity), a leading provider of mortgage compliance technology.
  • With this partnership, lenders using the Vesta loan origination platform will be able to seamlessly access real time compliance monitoring and verify compliance with all key regulations via the Asurity RegCheck solution.
  • Were delighted to announce our partnership with Asurity, a leader in driving digital transformation and increased efficiency through its suite of compliance software.
  • Todays lenders want more efficient and effective loan processing and access to real time compliance monitoring seamlessly integrated into their processes.

DLS Servicing Partners with Asurity to Assist Mortgage Servicers Execute Loss Mitigation and Recording

Retrieved on: 
Wednesday, April 13, 2022
LLC, MI, AMG, DLS, Compliance, HFA, Organization, Mortgage servicer, Program, Sale, Consultant, Efficiency, Review, FHA, Technology, Solution, Loss mitigation, Specialization, Income, Partnership, Acquisition, Software as a service, Time, Real estate, Risk management, Propel, Asure Software

WASHINGTON, April 13, 2022 /PRNewswire/ -- Today, Asurity Technologies, LLC("Asurity"), a premier provider of digital compliance products and solutions, announced that its Asurity Mortgage Group ("AMG") software has been successfully deployed by DLS Servicing Consultants, LLC, atrusted provider of mortgage and default servicing headquartered in Grand Rapids, MI,to deliver mortgage loan servicing capabilities to mortgage servicers DLS supports.

Key Points: 
  • WASHINGTON, April 13, 2022 /PRNewswire/ -- Today, Asurity Technologies, LLC("Asurity"), a premier provider of digital compliance products and solutions, announced that its Asurity Mortgage Group ("AMG") software has been successfully deployed by DLS Servicing Consultants, LLC, atrusted provider of mortgage and default servicing headquartered in Grand Rapids, MI,to deliver mortgage loan servicing capabilities to mortgage servicers DLS supports.
  • Asurity Services provides mortgage closing and servicing support to lenders directly or through its partnership with Sandler Law Group (Sandlerllc.com).
  • provides outsourced services to mortgage servicing, loan administration departments for loss mitigation underwriting reviews, loss mitigation third party validation of income and expense submissions, administrative support for loss mitigation execution, short sale and pre-foreclosure sale processing.
  • The program saves loss mitigation professionals hours of processing time, while increasing compliance and reducing calculation errors.

Chrysalis Holdings Names Anita Kwan as Chairwoman and Katherine Le as Vice Chairwoman to Board of Advisors

Retrieved on: 
Monday, March 21, 2022
Housing, Orange County Business Journal, Government National Mortgage Association, Newday, Organization, Quality control, Medal, 2008–09 Elite Women's Hockey League, Veteran, Leadership, The Money Store, Compliance, Community, NMLS, Stearns Lending, Chrysalis (boarding school), Financial technology, CEO, 2013 Military Bowl, Workforce, JROTC, LLC, Woman, Pupa, Technology, Industry, First Union, HW, LE, Goal, GNMA, USO, Real estate settlement company, Female, Mortgage servicer, Financial adviser, Management, Real estate

FULTON, Md., March 21, 2022 /PRNewswire/ -- Chrysalis Holdings LLC, an investment company focused on building and growing successful FinTech businesses including NewDay USA, proudly announces that Anita Kwan and Katherine Le have joined the Chrysalis Board of Advisors as chairwoman and vice chairwoman, respectively. Both are seasoned executives whose appointments reflect a commitment to diversity, equity, and inclusion across the Chrysalis organization.

Key Points: 
  • FULTON, Md., March 21, 2022 /PRNewswire/ -- Chrysalis Holdings LLC , an investment company focused on building and growing successful FinTech businesses including NewDay USA , proudly announces that Anita Kwan and Katherine Le have joined the Chrysalis Board of Advisors as chairwoman and vice chairwoman, respectively.
  • "Anita has been a long-time advisor and friend to me for over 26 years," said Robert Posner, CEO of NewDay USA and CEO of Chrysalis Holdings.
  • As chairwoman, Anita will have an influential role that in guiding the technology strategy of the Chrysalis family of companies," Posner added.
  • Katherine Le, who has more than 30 years ofexperience in finance, operations, and technology,will serve as board vice chairwoman of Chrysalis Holdings and will also take on the role of leading NewDay's correspondent lending business.

Ocwen Financial Provides Business Update and Second Quarter 2021 Results

Ocwen, OCN, Mortgage loan, Mortgage servicer, Lluís Companys, Spanish politicians, Government of Spain, Politicians

WEST PALM BEACH, Fla., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (Ocwen or the Company), a leading non-bank mortgage servicer and originator, today provided information regarding its second quarter 2021 results and progress on the Companys key business priorities.

Key Points: 
  • WEST PALM BEACH, Fla., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (Ocwen or the Company), a leading non-bank mortgage servicer and originator, today provided information regarding its second quarter 2021 results and progress on the Companys key business priorities.
  • Glen A. Messina, President and CEO of Ocwen, said, Our financial results for the quarter are consistent with our expectations and were excited about the progress weve made.
  • Pre-tax loss was $22.2 million compared to pre-tax loss of $6.2 million for the second quarter of 2020.
  • Ocwen will hold a conference call on Thursday, August 5, 2021 at 8:30 a.m. (ET) to review the Companys second quarter 2021 operating results and to provide a business update.

Ocwen Financial Schedules Conference Call – Second Quarter 2021 Results and Business Update

Ocwen, PHH Corporation, Loans, OCN, Mortgage loan, Mortgage servicer, Financial services in the United States, Finance, Service companies

WEST PALM BEACH, Fla., Aug. 02, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (Ocwen or the Company), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, August 5, 2021 at 8:30 a.m. (ET) to review the Companys second quarter 2021 operating results and provide a business update.

Key Points: 
  • WEST PALM BEACH, Fla., Aug. 02, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (Ocwen or the Company), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, August 5, 2021 at 8:30 a.m. (ET) to review the Companys second quarter 2021 operating results and provide a business update.
  • You can access the conference call by dialing (877) 344-8082 or (213) 992-4618 approximately 10 minutes prior to the call.
  • Participants can also access the conference call through a live audio webcast available from the Shareholder Relations page at www.ocwen.com under Events and Presentations.
  • Ocwen Financial Corporation (NYSE: OCN) is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage.

Black Knight: Servicers Face Operational Challenge of Processing Up To 18,000 Forbearance Plans Per Day as Newly Detailed Forbearance Timelines Frontload Expirations to the Fall

Retrieved on: 
Monday, August 2, 2021
Loans, Mortgage industry of the United States, Money, Finance, Mortgage, Financial services, Forbearance, Mortgage servicer, Mortgage loan, VA loan

Considering recently updated forbearance expiration timelines announced by FHFA, FHA, VA, and USDA, this month's report looks at the impact of the many varying allowable forbearance periods.

Key Points: 
  • Considering recently updated forbearance expiration timelines announced by FHFA, FHA, VA, and USDA, this month's report looks at the impact of the many varying allowable forbearance periods.
  • According to Black Knight Data & Analytics President Ben Graboske, due to the complexity of the expiration matrices across different agencies, the operational challenge mortgage servicers were already facing this fall has been compounded even more.
  • However, now we have detailed matrices of differing forbearance periods across the various agencies.
  • The operational challenge this represents is staggering, even before noting the oversized share of FHA and VA loans.

PennyMac Financial Services, Inc. Announces Date for Release of Second Quarter 2021 Results

Retrieved on: 
Thursday, July 29, 2021
Professional services, Other Construction & Property, Residential Building & Real Estate, Finance, Construction & Property, Banking, PennyMac Financial Services, Mortgage servicer

PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended June 30, 2021 in a news release to be issued after the market close on Thursday, August 5, 2021.

Key Points: 
  • PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended June 30, 2021 in a news release to be issued after the market close on Thursday, August 5, 2021.
  • The Companys executives will review the results in a recorded presentation.
  • The recording and accompanying slide presentation will be available on the Companys website concurrently with the news release.
  • As of March 31, 2021, PennyMac Financial serviced loans totaling $449 billion in unpaid principal balance, making it the sixth largest mortgage servicer in the nation.

Mortgage Servicers Score Points with Customers during Pandemic but Threats Loom for Banks, J.D. Power Finds

Retrieved on: 
Thursday, July 29, 2021
Banking, Online Retail, Internet, Professional services, Consumer, Technology, Residential Building & Real Estate, Construction & Property, Retail, Other Consumer, Finance, Consulting, Finance, Money, Loans, Mortgage servicer, Quicken Loans, Mortgage loan, Financial services, Mortgage industry of the United States, Mortgage-backed security, Banking in the United States, Mortgage bank, J.D. Power, J.D. Power and Advertising/Promotional Rules, J.D. POWER, J.D. POWER AND ADVERTISING/PROMOTIONAL RULES

Bank-affiliated servicers, which have historically outperformed non-banks by a large margin, gain just four points in satisfaction this year.

Key Points: 
  • Bank-affiliated servicers, which have historically outperformed non-banks by a large margin, gain just four points in satisfaction this year.
  • Overall satisfaction among at-risk customers increases 15 points year over year, while satisfaction scores among low-risk customers declines one point.
  • Satisfaction scores among customers who also use their servicers bank products are 55 points higher than among those who have mortgage-only relationships.
  • Rocket Mortgage (which includes Quicken Loans) is the highest-ranked mortgage servicer for an eighth consecutive year, with a score of 860.