Servicing

From HW Magazine

2018 HW Tech100 Winner: Asurity Technologies

MRGDocs provides smart loan documents compliant with local, state and federal regulations
Asurity Technologies provides end-to-end solutions from 100% compliant smart loan documents, risk analysis and reporting, data infrastructure, expertise from engineering to regulation and a committed customer and technical support team.
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From HW Magazine

2018 HW Tech100 Winner: ARMCO

ACES Audit Technology ensures loan quality across the entire mortgage cycle
Both ACES and ACESXPRESS leverage intelligent questionnaires, preset and user-defined audit questions that drive the technology’s rules-based platform. ACES IQ employs answer-based logic, which allows users to automate a loan-level audit review for virtually any loan type in any loan scenario, regardless of how unique or typical the circumstances.
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From HW Magazine

2018 HW Tech100 Winner: Arch MI

RateStar's risk-based pricing measures loan-level risk
Arch MI’s RateStar is the company’s risk-based pricing solution, which measures loan-level risk. Mortgage lenders that use RateStar can compete more effectively in the marketplace and offer eligible buyers more affordable mortgages. RateStar returns a rate quote after a few seconds, and only the lender’s NMLS number is needed to get started.
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From HW Magazine

2018 HW Tech100 Winner: Alterra Home Loans

Mobile app Pronto creates transparency during the home purchase process
Alterra’s mobile app, Pronto, creates transparency during the home purchase process between buyers, real estate agents and lenders. It allows all parties to instantly view the status of a loan from a desktop computer, tablet or mobile device.
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From HW Magazine

2018 HW Tech100 Winner: Access Business Technologies

MortgageWorkSpace integrates easily with loan origination systems, CRMs and SaaS apps
Access Business Technologies is a cloud service provider focused exclusively on the mortgage vertical. ABT focuses on mortgage departments of traditional financial organizations like banks, credit unions, CUSOs and others, like state housing authorities and nonprofits, in addition to mortgage banks and brokers.
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Freddie Mac sells $22.4 million NPLs to minority, woman-owned business

Majority of loans in loss mitigation or foreclosure
Freddie Mac announced it sold $22.4 million in deeply non-performing loans to VRMTG ACQ, a minority, woman-owned business. Freddie Mac explained the loans in the pool have been delinquent for an average of more than two years, and are therefore more likely to have been evaluated for or are in various stages of loss mitigation.
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New York foreclosure firm accused of cheating Fannie Mae out of millions

Rosicki, Rosicki & Associates charged with “systemically overbilling” expenses
A New York foreclosure law firm allegedly used its affiliated companies to “systemically” overcharge for foreclosure-related services and defraud Fannie Mae out of “millions of dollars.” According to the U.S. Attorney’s Office, Rosicki, Rosicki & Associates engaged in a scheme with its wholly owned affiliates, Enterprise Process Service and Paramount Land, to markup foreclosure services by as much as 750% knowing that Fannie Mae would pay the bills.
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Here’s your first look at HW's 2018 Tech100

Just a sneak peek
Hundreds of companies applied for the honor of being named to the HW Tech100, a list of the most innovative tech companies in the housing and mortgage finance space... but only 100 were crowned. We know, you can’t wait and neither can we! So, click here for a sneak preview of some of the companies that made our list.
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Ocwen reaches settlement with Massachusetts mortgage regulator, but state lawsuit remains

Reaches final administrative settlement with raft of state regulators
Ocwen Financial’s troubles with state regulators are nearly over, for now, at least. The nonbank disclosed Fridaythat it reached a settlement with the Massachusetts Office of Consumer Affairs & Business Regulation’s Division of Banks, which took regulatory action against the company last year along with more than 30 other states over alleged escrow and other mortgage servicing issues.
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