Items Tagged with 'servicing'

ARTICLES

  • 
TMS obtains provisional approval for three blockchain servicing patents

    Three patents will introduce servicing data and records to the blockchain
    Financial services and mortgage company TMS announced it has received provisional approval for three blockchain-related servicing patents. The company explained that through its subservicing platform SIME, or Servicing Intelligence Made Easy, the three patents will introduce servicing data and records to the blockchain for the first time. 
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  • MBA Servicing: What does the future of mortgage servicing look like?

    Panel calls for more innovation in servicing
    Leaders from the FHFA, USDA and VA took the stage at the Mortgage Bankers Association’s Servicing conference Tuesday to talk about the future of mortgage servicing. So what does that future look like? More M&A, more tech investment and, if you’ve got a really long lens, more standardization.
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  • Servicers embrace digital empowerment to boost customer retention

    Black Knight's Servicing Digital provides robust information about customer real estate assets
    Customer satisfaction and engagement are critical for servicers to build lasting relationships and retain clients. Servicer retention rates dropped to 10-year lows in 2Q 2017, with servicers losing business from nearly 80% of their borrowers. Improving mortgage retention rates increases the likelihood a consumer will continue working with their existing bank or mortgage provider on their next financial decision, such as a home equity loan or their next mortgage. Black Knight, a leading mortgage industry fintech, has developed a unique solution to aid servicers in building these relationships, increasing retention and achieving future business growth.
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  • HousingWire's Mortgage Services Guide narrows down your loan servicing search

    HW lists servicers that tailor to your specific needs
    HousingWire’s Mortgage Services Guide is a one-stop shop for finding the service provider your business is looking for. This monthly blog will highlight different services, service providers and insights your business needs to stay compliant and efficient. Visit HW’s Mortgage Services Guide to start your search.
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  • Waters introduces legislation to prevent FHA foreclosures

    Bill would strengthen FHA mortgage servicer requirements
    In an attempt to prevent foreclosures on the Federal Housing Administration’s borrowers, Democrats introduced a new bill in Congress. Democrats explained the new legislation would strengthen the requirements for and increase oversight of FHA mortgage servicers.
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  • Is Bank of America taking its focus off mortgage lending?

    And who’s servicing its mortgages?
    Could Bank of America be taking a step back from its mortgage lending platform? Its new earnings report from the first quarter may hold the answer. A few years ago, the bank could easily report $1 billion per quarter in its mortgage banking income. However, in the first quarter of 2018, the income from this sector was so small that it was simply lumped into the section for all other income.
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  • TMS unveils mortgage servicing mobile app

    Mobile app for SIME servicing platform launched this week
    Fintech company, and recent 2018 HW Tech100 winner, TMS announced this week it launched a mobile app for its SIME mortgage servicing platform. The company said its new servicing app, known as TMS Happinest Mobile, brings “a total homeownership experience to its customers,” and marks the first app of its kind in the servicing space.
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  • Expert: Construction lending prepares to meet its perfect storm

    Trillion-dollar industry greatly underserved
    The construction lending industry is ripe for change as it struggles to keep up with the world’s changing technologies. One expert told HousingWire the industry remains in the stone ages when it comes to managing its mortgages. But now, it is preparing for the “perfect storm.”
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