Solutionstar has hired Chad Neel as the company’s new executive vice president of servicing solutions. In this role, Neel will focus on launching new product, technology and service offerings for existing and new customers.
Raman joins Solutionstar from Groupon, where he was CEO of the company’s Asia Pacific region. Prior to that, he was Groupon’s chief operating officer.Prior to his time at Groupon, Raman served as vice president of global fulfillment at eBay.
Solutionstar named Mark Johnson as executive vice president of valuations and Matt Slonaker as senior vice president of business development. Soultionstar President Shawn Stone said that the company is excited to have Johnson and Slonaker join the Solutionstar team.
An activist investor says PHH Corp. can unlock hidden value by launching a restructuring effort that on its face seems to mirror Nationstar's corporate structure. The idea is to form a separate entity that can hold PHH's mortgage servicing rights. So far market analysts are impressed with the plan.
Jefferies analyst Daniel Furtado upgraded Nationstar to a buy rating, as the firm bulks up on servicing transfers and contemplates the potential spin-off of its mortgage services segment, SolutionStar.
There is one distinct moment in recent memory when everything was going to be just fine. On an early morning, back in April 2013, the smallest of miracles happened on the economic front. This singular event would lead to calls that the developed world’s ability to do business, with all of its multitudinous complexities, was on the road to a recovery, maybe this time, finally, forever..
With this year's 15 for 15, we're profiling 15 companies who are well positioned to take on the challenges of 2015. The companies occupy different roles within the housing finance space — from lenders to servicers to technology providers — but they all share a vision for an outsized impact in the year ahead. Read More
Regulation and compliance — these words have been at the forefront of the mortgage industry in the past year or so. As we prepare to enter 2015, focusing on compliance and new and constantly changing regulations will remain the industry’s focus. Read More