Independent foreclosure review

Guidehouse's Jan-Willem Bode and Kathryn Rock Named Top Global Consultants

Retrieved on: 
Tuesday, March 14, 2023

WASHINGTON, March 14, 2023 /PRNewswire/ -- Guidehouse, a leading global provider of consulting and managed services to public sector and commercial clients, is proud to announce that Consulting magazine has named Jan-Willem Bode and Kathryn (Kate) Rock Global Leaders in Consulting in 2023. Bode is recognized for Excellence in Leadership and Rock honored for Excellence in Client Service.  

Key Points: 
  • Consulting magazine recognizes Bode for Excellence in Leadership; Rock honored with Excellence in Client Service
    WASHINGTON, March 14, 2023 /PRNewswire/ -- Guidehouse , a leading global provider of consulting and managed services to public sector and commercial clients, is proud to announce that Consulting magazine has named Jan-Willem Bode and Kathryn (Kate) Rock Global Leaders in Consulting in 2023.
  • Bode is recognized for Excellence in Leadership and Rock honored for Excellence in Client Service.
  • Kate is always thinking ahead, helping to grow Guidehouse as a next-generation global consultancy dedicated to helping clients navigate complex challenges.
  • Guidehouse's Bode and Rock were recognized for their achievements during the Global Leaders in Consulting awards gala in London on February 16, 2023.

MGIC Investment Corporation Releases Monthly Operating Statistics

Retrieved on: 
Monday, June 7, 2021

MILWAUKEE, June 7, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today issued an Operational Summary of the primary mortgage insurance of its insurance subsidiaries for the month of May 2021.The summary is also available on the company's investor website under Newsroom, Press Releases .

Key Points: 
  • MILWAUKEE, June 7, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today issued an Operational Summary of the primary mortgage insurance of its insurance subsidiaries for the month of May 2021.The summary is also available on the company's investor website under Newsroom, Press Releases .
  • The information concerning new delinquency notices and cures is compiled from reports received from loan servicers.
  • The level of new notice and cure activity reported in a particular month can be influenced by, among other things, the date on which a servicer generates its report, the accuracy of the data provided by servicers, the number of business days in a month, transfers of servicing between loan servicers, and whether all servicers have provided the reports in a given month.
  • Notices of delinquency are typically reported to us when loans are two payments past due (for example, for May we report as a new delinquency any delinquent loan that missed its April 1st (or earlier) payment that was not previously reported to us).

U.S. Foreclosure Activity Continues To Increase Despite Government Moratorium

Retrieved on: 
Thursday, April 15, 2021

"But mortgage servicers have been able to begin foreclosure actions on vacant and abandoned properties, which benefits neighborhoods and communities.

Key Points: 
  • "But mortgage servicers have been able to begin foreclosure actions on vacant and abandoned properties, which benefits neighborhoods and communities.
  • It\'s likely that these foreclosures are causing the slight uptick we\'ve seen over the past few months.
  • "\nHighest foreclosure rates in Delaware, Illinois, and Florida\nNationwide one in every 4,078 housing units had a foreclosure filing in Q1 2021.
  • Some foreclosure filings entered into the database during the quarter may have been recorded in the previous quarter.

Altisource Poised To Assist Servicers and Borrowers Post Forbearance

Retrieved on: 
Tuesday, December 1, 2020

The solution is designed to help borrowers who are unable to meet retention requirements avoid foreclosure by assisting in the sale of their home.

Key Points: 
  • The solution is designed to help borrowers who are unable to meet retention requirements avoid foreclosure by assisting in the sale of their home.
  • The program has the potential to benefit mortgage servicers by reducing the number of properties in foreclosure, thus lessening the burden on managing their delinquent portfolio.
  • In the end, this program can help borrowers, servicers and investors achieve the optimal outcome in these uncertain times.
  • Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the ever-changing markets it serves.

PerformLine Announces New Tools to Assist Mortgage Servicers in Complying with Verbal Loss Mitigation Requirements during COVID-19

Retrieved on: 
Tuesday, April 7, 2020

MORRISTOWN, N.J., April 7, 2020 /PRNewswire-PRWeb/ -- PerformLine , the leading provider of automated call center compliance technology, announced the addition of a new suite of tools to assist mortgage servicers in meeting Regulation X requirements for verbal requests for loss mitigation applications into their call centers.

Key Points: 
  • MORRISTOWN, N.J., April 7, 2020 /PRNewswire-PRWeb/ -- PerformLine , the leading provider of automated call center compliance technology, announced the addition of a new suite of tools to assist mortgage servicers in meeting Regulation X requirements for verbal requests for loss mitigation applications into their call centers.
  • The recently passed Coronavirus Aid, Relief, and Economic Security Act ( CARES Act ) includes provisions on forbearance for federally backed mortgage loans.
  • As a result, mortgage servicers are already reporting a huge surge in requests to their call centers from borrowers who are impacted by the pandemic and those conversations, many of which likely qualify as loss mitigation applications, must comply with Regulation X's loss mitigation requirements.
  • Through automated call center monitoring, PerformLine is able to aid mortgage servicers track and flag calls that can be considered the start of "verbal loss mitigation."