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  • Ocwen3.92+0.23 +6.23%
  • Zillow41.22-0.40 -0.96%
  • Trulia4.01+0.33 +8.97%
  • NationStar20.045+0.765 +3.968%
  • CoreLogic48.99+0.00 +0.00%
  • RE/MAX67.15+0.15 +0.22%
  • Fannie Mae3.08+0.06 +1.99%
  • Freddie Mac3.00+0.04 +1.35%
  • Wells Fargo53.84+0.65 +1.22%
  • CitiMortgage72.95+0.76 +1.05%
  • Bank of America26.385+0.185 +0.706%
  • Fidelity National Financial34.78+0.38 +1.10%
  • First American50.20+0.26 +0.52%
  • Black Knight Financial Services43.05-0.55 -1.26%
  • AUDUSD=X0.7838-0.0007 -0.0918%
  • USDJPY=X112.9380+0.7490 +0.6676%
Home | Tag Archives: Mortgage Servicers

Tag Archives: Mortgage Servicers

The Customer is Key

The housing crisis impacted the reputation of the mortgage servicing industry in the eyes of the public. But as the years went by, the industry had slowly rehabilitated ...

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Servicers Suffer from Disparate Tech

Out-of-sync technologies are holding businesses back, according to a recent report. Additionally, make it hard to serve the millennial homebuyer, who expects a more seamless, digitized solution when purchasing a home. This is largely because tech solutions in today’s post-crisis, highly-regulated industry are product-specific, which creates a “complex ecosystem made up of siloed disparate systems.”

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Are HOAs Taking Advantage of Mortgage Servicers?

While Homeowner Association liens for unpaid assessments typically have priority over second mortgages and other junior liens (because the HOA liens may “relate back to” the HOAs’ previously-recorded declarations), first mortgages receive special treatment in various states, such as Minnesota. Despite that special treatment, HOAs often demand payment of substantial bills by lenders foreclosing first mortgages.

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