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Discussion w/ iServe's GC On The Sale of iServe Servicing
Melissa Dant, General Counsel, for National Asset Direct Inc. and iServe Companies discusses the recently distributed offering memo regarding the solicitation for strategic proposal and sale of the iServe Servicing platform. iServe Servicing is a nationwide mortgage servicing platform with servicing and collection licenses intact. iServe Servicing also includes custom developed operational and investor related reporting, technology and interfaces to key third party solutions. Note
Tags: Servicing Mortgage Special Servicing Lending Note Sales
by Capital Markets Today in Finance
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SERVICING UPDATE (Part 1): Frank Pallotta, Loan Value Group
This is the first in the series of broadcast dealing with loan servicing. To kick off this series, we've invited FRANK PALLOTTA, EVP of the Loan Value Group to discuss his innovative strategies for predicting and preventing loan delinquencies. Whether you're new to loan servicing or an experience servicer, you will not want to miss this broadcast.
Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Andy Schell (a/k/a "The Profit Doctor") providing valuable info on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.
Tags: Mortgage Loan Servicing Loan servicing Delinquencies Foreclosure prevention Frank Pallotta
by David Lykken in Finance
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SERVICING UPDATE (Part 2): Austin Tilghman & David Stephens
Special guests, AUSTIN TILGHMAN and DAVID STEPHENS with UNITED CAPITAL MARKETS talk about the economics of LOAN SERVICING in today's market and if it is the right time to consider retaining loan servicing. Austin & David are two of the most qualified and knowledgeable mortgage professionals in the mortgage industry today on this topic. If you are contemplating getting into loan servicing ans want to learn more about current economics and risks involved, you will want to listen to this broadcast.
Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Andy Schell (a/k/a "The Profit Doctor") providing valuable info on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.
Tags: Mortgage loan servicing Loan servicing Austin Tilghman David Stephens United Capital Markets
by David Lykken in Finance
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SERVICING UPDATE (Part 2): Les Parker on retaining MSR's
Les Parker of Parker & Company will be giving us an update on the economics related to retaining servicing.
Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Paul Muolo of Inside Mortgage Finance giving quick MTG NEWS HEADLINES update, Andy Schell (a/k/a "The Profit Doctor") providing tips on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.
Tags: Mortgage Loan Servicing MSR Les Parker Parker and Company servicing premiums
by David Lykken in Finance
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Illegal Mortgage Servicing: Nationstar, Newcastle & Fortress
Part 2: Defrauding Investors?This episode will discuss the illegal mortgage residential servicing practices of Nationstar Mortgage Holdings and the role of Newcastle (NYSE: NCT) and Fortress Investment (NYSE:FIG) played in funding their acquisition of loans from Aurora Bank. This Episode will also discuss the recent agreement between KB Homes and Nationstar in the formation of Home Community Mortgage.
Tags: nationstar mortgage Fortress nyse fig Newcastle nyse nct illegal mortgage servicing attorney sherri jefferson
by Sherri Jefferson in Finance
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Illegal Mortgage Servicing: Nationstar, Newcastle & Fortress
Part 3: File Legal Action. This episode will discuss the illegal mortgage residential servicing practices of Nationstar Mortgage Holdings and the role of Newcastle (NYSE: NCT) and Fortress Investment (NYSE:FIG) played in funding their acquisition of loans from Aurora Bank. This Episode will also discuss the recent agreement between KB Homes and Nationstar in the formation of Home Community Mortgage.
Tags: KB Home Nationstar Newcastle nyse nct illegal mortgage servicing attorney sherri jefferson
by Sherri Jefferson in Finance
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Illegal Mortgage Servicing: Nationstar, Newcastle, Fortress
This episode will discuss the illegal mortgage residential servicing practices of Nationstar Mortgage Holdings and the role of Newcastle (NYSE: NCT) and Fortress Investment (NYSE:FIG) played in funding their acquisition of loans from Aurora Bank. This Episode will also discuss the recent agreement between KB Homes and Nationstar in the formation of Home Community Mortgage.
Tags: Nationstar Mortgage Newcastle NCT Fortress FIG Illegal Mortgage Servicing Attorney Sherri Jefferson
by Sherri Jefferson in Finance
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SERVICING UPDATE (Part 3): Mitch Kider - Loan Servicing Regs
MITCH KIDER with the law firm Weiner Brodsky Sidman Kider will be providing an update on the latest loan servicing regulations that will be in effect January 2014! Loan servicers will be impacted by these new regulations. Tune in listen as Mitch gives us insights to what is changing and how you can be ready for waht is coming and run a compliant LOAN SERVICING operation.
Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Paul Muolo of Inside Mortgage Finance giving quick MTG NEWS HEADLINES update, Andy Schell (a/k/a "The Profit Doctor") providing tips on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.
Tags: Mortgage Banking Finance Update Lending
by David Lykken in Finance
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SERVICING UPDATE (Part 4): Vendor Management, the "how to"
On today's broadcast, ALICE ALVEY of Mortgage-U and ANDY SCHELL of Mortgage Banking Solutions discussing VENDOR MANAGEMENT. Did you know that it is now a requirement that you have policies and procedures for more closely managing your vendors? It is your responisibility to make sure that the vendors, such as subservicers, are performing their duties and responsibilities according to the agreements/contracts in place and they are doing so in a manner that is in compliance with today's regulations. Today's broadcast is loaded with important information that you need to perform this important task.
Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Paul Muolo of Inside Mortgage Finance giving quick MTG NEWS HEADLINES update, Andy Schell (a/k/a "The Profit Doctor") providing tips on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.
Tags: Andy Schell Alice Alvey Vendor Management Vendor Oversight servicing regulations
by David Lykken in Finance
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SERVICING UPDATE (Part 5): Austin Tilghman & David Stephens
Special guests, AUSTIN TILGHMAN and DAVID STEPHENS with UNITED CAPITAL MARKETS share some very interesting information about how the SERVICING RELEASE PREMIUM (SRP) schedule we all see is really calculated. It isn't what you think and today's broadcast will inform and educate you on all that you are leaving on the table. Austin & David are two of the most qualified and knowledgeable mortgage professionals in the mortgage industry today on the economics of LOAN SERVICING. If you are contemplating getting into loan servicing and want to learn more about current economics involved, you will want to listen to this broadcast. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Paul Muolo of Inside Mortgage Finance giving quick MTG NEWS HEADLINES update, Andy Schell (a/k/a "The Profit Doctor") providing tips on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.
Tags: Mortgage Banking Finance Update Lending
by David Lykken in Finance
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LOAN SERVICING: How to Make Money Buying & Selling Servicing
Continuing with the topic of LOAN SERVICING we started in February, we have as our special guests Tom Piercy of Interactive Mortgage Advisors (IMA). Tom has years of experience in buying and selling of servicing and will explain how LOAN SERVICING is a tradable asset. There are so many compelling reasons you should consider retaining loan servicing... not just for the cashflows they can generateand but also the money that can be made selling or even buying and reselling loan servic
Tags: Loan Servicing Buying loan servicing Selling loan servicing Tom Piercy IMA
by David Lykken in Finance
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POLITICS & MORTGAGES: What this election means to servicing!
Both Democrats and Republicans seem intent on getting rid of Fannie and Freddie. The US Treasury recently annouced it's intent to "accelerate the winding-down of Fannie & Freddie". What plan does each candidate have for strengthening and improving the mortgage and housing industries? Which candidate is most likely going to cause private investors to return to investing in mortgage instruments? What is this all mean for loan servicing? Our
Tags: David Stephens Austin Tilghman politics and housing Politics and mortgage loan servicing
by David Lykken in Finance
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