DEVAL is the only non-bank, Hispanic, woman-owned special loan servicer in the nation specializing in subservicing for residential real estate assets, primarily for Hispanic “high-touch” loans. DEVAL has provided financial, real estate and management consulting services to clients since 2002.
[Sponsored Content] Mortgage servicer DEVAL recently expanded its offerings to include mortgage loan origination, focusing on lending to the underserved Hispanic community, a fast-growing segment of homeowners.
Mortgage servicer DEVAL helps at-risk borrowers find affordable housing options by collaborating with a variety of government programs and resources that support loss mitigation efforts and enable borrowers to find alternative housing solutions if, and when, a loan modification or solution is not viable.
According to Verizon’s 2019 Data Breach Investigations Report, 10% of the 2,013 breaches that occurred in 2018 were within the financial industry. Personal data was compromised in 43% of those breaches, which were largely attributed to privilege misuse, errors or unsecure web applications.
Rising interest rates often cause homebuyers to think twice about moving forward with a mortgage. In April, mortgage applications fell more than 7% after 30-year fixed mortgage rates reached a high for the month.