Skip to main content

Peoples Processing Unveils Mailbox Monitoring For Mortgage Servicers

Keith Griffin
Sep 18, 2020
social media icons

Peoples Processing, Inc. introduced a unique mailbox monitoring system that can help servicers manage the forbearance and other default related requests with a high level of quality and consistency.
The mailbox monitoring system helps servicers in ensuring that every forbearance request coming in is allocated to the relevant processor, in time and service-level agreements for response are defined clearly. This will allow servicers to drive efficiency in the default servicing process. 
Sam Verma, president and CEO at Peoples Processing, said, “With our mailbox monitoring system, we are enabling servicers to process large volume of forbearance requests with high degree of accuracy and precision. Servicers enjoy benefits of faster, prioritized, and relevant follow-ups with the borrowers, while ensuring compliance.”
Sep 18, 2020
Feds Reviewing Appraisal Standards, Qualifications

Appraisal Subcommittee said requirements are being reviewed to determine whether they ensure and promote fairness, equity, objectivity, and diversity, in both appraisals and in the training and credentialing of appraisers.

Regulation and Compliance
Oct 20, 2021
​​​​​​​FHFA OK's Desktop Appraisals, Expands Refi Criteria

The Federal Housing Finance Agency (FHFA) said Monday it will take two steps to help make home ownership more affordable and sustainable for mortgage borrowers, especially for those in underserved communities. 

Regulation and Compliance
Oct 19, 2021
CFPB Names 4 To Key Senior Positions

The appointees include two who helped create the bureau and two who served on the CFPB staff during the Obama administration.

Regulation and Compliance
Oct 14, 2021
FHFA Raises Enterprises' Multifamily Loan Purchase Caps

The Federal Housing Finance Agency (FHFA) said the 2022 multifamily loan purchase caps will be $78 billion for each Enterprise, for a combined total of $156 billion to support the multifamily market.

Regulation and Compliance
Oct 13, 2021
CFPB Hits AAG With Complaint For Deceptive Marketing Of Reverse Mortgages

The Consumer Financial Protection Bureau filed a complaint and proposed consent order, which alleges that American Advisors Group (AAG) used inflated and deceptive home estimates to attract reverse mortgage consumers.

Regulation and Compliance
Oct 12, 2021
Waterstone Mortgage Names VP Of Compliance

Waterstone Mortgage Corporation named Kris Barros as the company's vice president of compliance.

Oct 08, 2021