Dave Schlegel Joins myCUmortgage as Director of Default Services

Aug 23, 2018

myCUmortgage has hired Dave Schlegel as its new Director of Default Services, responsible for all aspects of servicing related to non-performing loans. This includes collections, loss mitigation efforts, bankruptcy matters, foreclosures and REO and claims management.

"Part of our brand promise is a thrilling, five-star service experience. We understand that many times, bad things happen to good people, so we're building our default services to balance the need for empathy with members along with the ability to minimize credit union and investor losses," said Tim Mislansky, President of myCUmortgage. "With Dave's deep experience, knowledge and desire to help borrowers stay in their homes, we're continuing to deliver on that promise."

Schlegel brings with him more than 12 years of mortgage servicing experience, including strong process management and analytical skills. He was most recently the Vice President of Loss Mitigation at PNC.

"We've pulled together a team that exemplifies the right combination of servicing expertise and credit union experience," said Mislansky. "With our member-centric processes and procedures and industry-leading mortgage servicing technology, we are able to do the heavy lifting in the back office while our credit unions interact with their members."

About the author

NationalMortgageProfessional.com

Link copied

Published

Aug 23, 2018

Operations

Pennymac Made $29M. Its Origination Business Lost Money.

Servicing kept the lender profitable in the third quarter as production volume plunged and management accelerated a $160 million cost-reduction plan

Pennymac is cutting jobs and accelerating automation after its mortgage production business swung to a third-quarter loss, even as servicing income kept the company profitable.The lender reported $29 million in net income for the quarter, but its production segment posted a ...

Tech

Rocket's New Tool Lets Brokers Counter Rival Refi Offers On The Spot

Born from a broker's winning Big Pitch proposal, Quick Counter analyzes competing Loan Estimates and generates alternative offers during borrower calls

Rocket Pro's November Power Play introduces Quick Counter, a new application that allows brokers to upload a competing Loan Estimate, compare pricing, and generate a counteroffer while the borrower is still on the phone.Available through Rocket Pro Navigate, the tool support...

Jan

Uncasville, CT

More from

Industry News

Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Industry News

Oct 29, 2026

Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Industry News

Oct 16, 2026

Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Industry News

Oct 14, 2026

PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Industry News

Oct 09, 2026

Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Industry News

Oct 09, 2026

Newrez, eXp Realty Form Joint Venture To Target Purchase Business

Revenos Mortgage is set to launch in early 2027, replacing eXp's joint venture with Kind Lending

Industry News

Oct 08, 2026

Popular