America’s housing not ready for ever-expanding over-50 population

America’s housing not ready for ever-expanding over-50 population

Harvard/AARP Study: Housing lacks accessibility, affordability for older Boomers

The devil is in the mortgage finance reform details

On the bumpy road to a common securitization platform

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros
W S
Servicing / The Ticker

Wingspan launches HOA resolution services unit

mouse trap

Mortgage servicer Wingspan Portfolio Advisors launched its homeowners association resolution services unit to address a growing problem for servicers and regulators, the company said.

The unpaid claims pose a threat to property sales and could even result in liens that take precedence over first mortgages if not resolved successfully.

As a result, the new service is designed to find, negotiate and resolve HOA issues to satisfy Freddie Mac and Fannie Mae requirements while protecting lienholders against losses they often are completely unaware of as threats.

"HOAs continue to represent significant risks for servicers and investors," says Ryan Lilly, senior vice president of Wingspan Portfolio Advisors. "Wingspan’s new service identifies, tracks and deals directly with the HOAs to resolve claims, preserving lenders’ and investors’ interests, and it helps the housing recovery in other ways, too."

Recent Articles by HousingWire Staff

Comments powered by Disqus