Search Results for: mortgage servicers

Unqork and Arachnys Announce Partnership to Modernize Customer Onboarding Processes
Fintech Investment Services News

Unqork and KPMG Collaborate to Launch a Mortgage Forbearance Application for the Community Preservation Corporation

Fintech News Desk
by Fintech News Desk0
Unqork, the leader in enterprise no-code application development technology, and KPMG LLP, the audit, tax and advisory firm, are engaging with The Community Preservation Corporation (CPC), a leading nonprofit multifamily housing finance company, and its subsidiary CPC Mortgage Company LLC, to launch a Mortgage Forbearance and Loss Mitigation solution to......
More than 3.4M Homeowners -- 6.4% of All Mortgages -- Now in COVID-19-Related Forbearance Plans According to Black Knight's McDash Flash Data Set
Banking Business Fintech News

More than 3.4M Homeowners — 6.4% of All Mortgages — Now in COVID-19-Related Forbearance Plans According to Black Knight’s McDash Flash Data Set

Fintech News Desk
by Fintech News Desk0
The McDash Flash suite from Black Knight leverages daily, loan-level data to provide market participants with the most current view of the forbearance and mortgage performance landscape In light of the significant impacts the COVID-19 pandemic is having on the U.S. mortgage market, Black Knight,  has been tracking loan-level forbearance data on......
Fintech Innovators Develop Tech Infrastructure to Support Mortgage Assistance Programs
Fintech News

Fintech Innovators Develop Tech Infrastructure to Support Mortgage Assistance Programs

Fintech News Desk
by Fintech News Desk0
Brace & Ocrolus form partnership to help mortgage servicers handle the impending loss mitigation tidal wave Ocrolus, a leading fintech infrastructure company that transforms documents into actionable data with over 99% accuracy, announced a partnership with Brace, the developer of a best-in-class enterprise loss mitigation platform for mortgage lenders and......
Black Knight's Feature-Rich, Product, Pricing and Eligibility Engine, CompassPPE, Is Now Integrated with the Industry-Leading Empower Loan Origination System
Fintech News

Black Knight: Covid-19 Unemployment Spike Triggering Surge in Mortgage Forbearance Requests; Principal and Interest Advances Will Lead to Servicer Liquidity Challenges

Fintech News Desk
by Fintech News Desk0
Using Great Recession mortgage performance as a point of comparison, Black Knight estimates that an unemployment rate of 15%, as projected by Goldman Sachs for Q2 2020, could result in 3.5 million new mortgage delinquencies Data & Analytics division of Black Knight, released its latest Mortgage Monitor Report, based upon the company’s industry-leading mortgage......
Consolidated Analytics Launches loanDNA, Powered by Mortgage Artificial Intelligence (Ai)
Artificial Intelligence Fintech News

Consolidated Analytics Launches loanDNA, Powered by Mortgage Artificial Intelligence (Ai)

Fintech News Desk
by Fintech News Desk0
loanDNA Provides Critical Intelligence for Servicers and Investors to Optimize Decision Making- Consolidated Analytics, Inc., a leading provider of end-to-end mortgage solutions, announced the launch of loanDNA. Powered by mortgage artificial intelligence (AI), loanDNA enables efficient and highly accurate cash flow projections for individual and bulk mortgage assets which will......
Mortgage Servicing Disruptor Sagent Appoints Digital Lending Veteran Dan Sogorka CEO & President
Fintech Fintech Funding News

Mortgage Servicing Disruptor Sagent Appoints Digital Lending Veteran Dan Sogorka CEO & President

Fintech News Desk
by Fintech News Desk0
Warburg Pincus and Fiserv-backed company to modernize last and most complex frontier of housing ecosystem Sagent Lending Technologies, a leading fintech company modernizing mortgage and consumer loan servicing, appointed Dan Sogorka CEO and president, replacing Bret Leech who will become executive chairman and board member. The move accelerates Sagent’s vision......
Black Knight Mortgage Monitor: Servicer Retention Rates Fall in Q3 2019 Despite Refinance Volumes Hitting Highest Point in Nearly Three Years
Fintech News

Black Knight Mortgage Monitor: Servicer Retention Rates Fall in Q3 2019 Despite Refinance Volumes Hitting Highest Point in Nearly Three Years

Fintech News Desk
by Fintech News Desk0
After Hitting an 18-Year Low in Q4 2018, Refinance Lending Has Nearly Doubled (+94%) over the past Three Quarters Rate/Term Refinance Lending — Business That Is Typically Easier for Lenders/Servicers to Retain – Is Five Times Where It Was in Q4 2018, Driven by Recent Vintage Borrowers Seeking to Lower......
Artificial Intelligence Digital Featured Fintech Technology

Risks Associated With the Integration of Deficient Chatbots

Pooja Choudhary
by Pooja Choudhary0
Summary Introduction Chatbot use in consumer finance Exclusive industry insights Use of large language models and AI Growth and adoption in the financial industry Problems consumers encountered while engaging with chatbots Technical limitations and associated security risks The perils of implementing flawed chatbots Conclusion Introduction Chatbots are computer programs that......
Messagepoint Enters into Strategic Partnership with Newbold Advisors
Mortgage News

Messagepoint Enters into Strategic Partnership with Newbold Advisors

Business Wire
by Business Wire0
Messagepoint Inc. announced that it has signed Newbold Advisors as a referral partner for its customer communications management (CCM) solution. Newbold Advisors provides business, technology and staffing consulting and professional services to the mortgage servicing sector and will introduce Messagepoint to clients looking to improve borrower communications operations and experiences.......
First American Announces Completion of ServiceMac Acquisition
Mortgage News

First American Announces Completion of ServiceMac Acquisition

Fintech News Desk
by Fintech News Desk0
Purchase uniquely positions the companies to support the entire mortgage life cycle, while enhancing product innovation efforts First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, announced the completion of First American’s acquisition of ServiceMac, LLC, an innovative mortgage......
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