Items Tagged with 'Homecomings Financial LLC'

ARTICLES

  • Homecomings' Servicing Practices Subject of Class-Action Lawsuit

    Homecomings Financial, LLC is the lastest servicer to undergo class-action scrutiny over its servicing practices, with a lawsuit filed against it last week alleging that the Minneapolis-based servicer engages in so-called 'predatory servicing.' The law firms of Mehri & Skalet and Sprenger + Lang, who filed the multi-claim lawsuit in United States District Court for the District of Minnesota, charge in a complaint obtained by Housing Wire that Homecomings collects "improper fees and charges from homeowners."
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  • Homecomings Enhances In-House Loan Evalutions with Point LOS

    Homecomings Financial, LLC and Calyx Software said yesterday that the two companies have worked to enhance the integration of Assetwise Direct, Homecomings Financial's automated loan evaluation system, with Calyx's Point LOS platform to make it easier for brokers to do business with Homecomings Financial. The enhanced integration will increase brokers' speed and efficiency in obtaining automated decisions and pricing from Homecomings Financial, the lender said.
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