Servicing

From HW Magazine

2018 Women of Influence: Ashley Bean

Vice President of Asset Management, Altisource Portfolio Solutions
Ashley Bean joined Altisource in October 2012 through the acquisition of Equator, where she served as the vice president of real estate. Immediately recognized for her versatile residential mortgage servicing experience, Bean was promoted to vice president of asset management and is responsible for driving the disposition and sales strategies for over 37,000 REO assets each year.
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From HW Magazine

2018 Women of Influence: Dawn Adams

Senior Vice President of Default Servicing at RoundPoint Mortgage Servicing
Dawn Adams, senior vice president of default servicing at RoundPoint Mortgage Servicing, is the woman behind the commission and implementation of new claim filing software, as well as two Consumer Financial Protection Bureau-ready initiatives addressing a foreclosure regulatory change involving successors in interest requirements and a bankruptcy requirement to send billing statements.
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From HW Magazine

Women of Influence 2018

HousingWire recognizes the most influential women in housing
Eight years after we began recognizing women for their influential work in the expanding housing and mortgage finance ecosystem, a traditionally male-dominated field, our Women of Influence list is bigger and better than ever! This year, we honor 85 women who are making lasting achievements in each sector of the housing economy. Read on to learn more about these accomplished women and the strides they are making in their industry segments.
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Trump administration calls for sweeping changes to financial ecosystem

“Regulatory sandboxes,” eMortgages, online notarization, automated appraisals, more
The Trump administration on Tuesday called for a series of changes to the country’s financial and mortgage ecosystems that, if enacted, would supercharge the financial industry’s technological revolution, upend the current regulatory environment, and potentially change the face of mortgage lending.
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Here are the top 5 mortgage servicers

And what they’re doing right
Despite recent technological advancements in the mortgage industry, servicers continue to fall behind in an already lagging industry. The latest survey from J.D. Power shows Americans are not impressed. But some mortgage servicers did stand out above the rest, here are the top five.
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Jeff Smith picked to lead Wells Fargo home lending servicing

The industry veteran will oversee the big bank's servicing business
“Our servicing team plays a critical role in helping our customers through their homeownership journey, and Jeff is uniquely qualified to build on the momentum and solid foundation that is already in place,” said Michael DeVito, head of Wells Fargo's home lending business.
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Ocwen reports 'higher-than-hoped' $30 million loss

But that’s still better than 2017
Ocwen Financial continues to lose money, posting yet another loss, however, the company pointed out that the losses continue to grow smaller. Much of the company’s losses can be contributed to ongoing court fees and legal battles, which it continues to face in states across the U.S., and an ongoing restructuring effort.
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House passes extension for National Flood Insurance Program

Up to Senate to pass before program expires in July
Wednesday, the House of Representatives passed legislation to authorize the National Flood Insurance Program for another four months. Now, the housing industry is urging the Senate to move quickly in order to pass the bill before it expires at the end of this month.
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