Servicing

In a move that will re-design the options available to credit unions for servicing first mortgage loans, myCUmortgage announced that it has launched its new mortgage servicing operation
In a move that will re-design the options available to credit unions for servicing first mortgage loans, myCUmortgage announced that it has launched its new mortgage servicing operation. myCUmortgage is a leading Credit Union Service Organization (CUSO), wholly-owned by Wright-Patt Credit Union... Keep Reading....
More Realtors characterized closing short sale transactions as “difficult” or “extremely difficult” than late last year, indicating that lenders’ and servicers’ short sale procedures have shown little improvement in the past six months, according to the latest Lender Satisfaction Survey conducted... more
Stewart Lender Services (SLS), a wholly-owned subsidiary of Stewart Title Company, has developed a boutique asset management and disposition solution for community banks. The focus is maximizing the value of each bank’s assets in the shortest amount of time. By using a proactive approach, starting... more
The Senate Committee on Banking, Housing & Urban Affairs held a hearing on Tuesday addressing the mortgage servicing industry titled, "Housing Finance Reform: National Mortgage Servicing Standards." The hearing featured an array of industry insiders, including Jack Hopkins, president and CEO of... more
Applied Business Software (ABS), developer of The Mortgage Office, has announced that U.S. Bancorp Community Development Corporation (USBCDC), St. Louis, Mo., a subsidiary of U.S. Bank, has selected The Mortgage Office as its servicing technology to manage its growing portfolio of New Market Tax... more