Servicing

Applied Business Software (ABS) has announced that RCN Capital has chosen The Mortgage Office software to automate its back office servicing operations
Applied Business Software (ABS) has announced that RCN Capital has chosen The Mortgage Office software to automate its back office servicing operations.   RCN has become ABS’s latest customer in a roster that includes some of the highest volume lenders in the nation.   “We are excited about moving... Keep Reading....
Borrowers dealing with mortgage servicers are having their patience tested, according to the 2017 J.D. Power U.S. Primary Mortgage Servicer Satisfaction Study
Borrowers dealing with mortgage servicers are having their patience tested, according to the 2017 J.D. Power U.S. Primary Mortgage Servicer Satisfaction Study.   The newly released report found 10 percent of mortgage customers complaining that their time was wasted during their most recent... more
New Residential Investment Corporation and Ocwen Financial Corporation have announced the companies have signed definitive agreements for the transfer of Ocwen’s interest in mortgage servicing rights (MSRs) and subservicing relating to approximately $110
New Residential Investment Corporation and Ocwen Financial Corporation have announced the companies have signed definitive agreements for the transfer of Ocwen’s interest in mortgage servicing rights (MSRs) and subservicing relating to approximately $110 billion of non-agency MSRs. Upon the... more
The Mortgage Collaborative has announced a new partnership with national correspondent investor and mortgage loan servicer, The Money Source
The Mortgage Collaborative has announced a new partnership with national correspondent investor and mortgage loan servicer, The Money Source.   “The Money Source purchases a wealth of loan products and they offer their sellers flexible guidelines with minimal overlays. Their brand promise ‘... more
The Mortgage Collective, an organization comprised of representatives of some of the industry’s leading investment, lending, and loan servicing companies
The Mortgage Collective, an organization comprised of representatives of some of the industry’s leading investment, lending, and loan servicing companies, recently met to discuss the challenges associated with newly emerging areas of risk. The conference was led by Conference Chair Timika Cole, a... more