Servicing

LenderLive, a domestic-based, end-to-end mortgage services provider, welcomes Pete Pannes as the company's first chief revenue officer. In his new position, Pannes will be responsible for corporate sales, marketing and positioning strategies, as well as product development.

Chronos Solutions, formerly Matt Martin Real Estate Management, a diversified national real estate services firm, recently introduced a new service to help sellers in the disposition of HUD, VA, and non-performing loan (NPL) sales via its affiliate company, RealtyBid.

Wells Fargo & Company announced this week that the bank’s head of Home Lending Default, Perry Hilzendeger, has been named the new head of Home Lending Servicing.

Stewart Title Limited, underwriter for UK, European, and Australian property transactions for Stewart Information Services Corp., recently announced that it has partnered with Property Exchange Australia Limited.

VRM Mortgage Services, an outsourcing solutions provider for residential and commercial assets, recently announced that it has awarded a $10,000 grant to U.S. Air Force veteran Darryl Lal through the Asian Real Estate Association of America’s Education Foundation.

Homeownership may have declined in 2014, but there are other trends and factors such as marriage and children, education, demographics, and lifestyle that influence how consumers operate in the market.

On Wednesday, Ocwen reported a net loss of $66.8 million for the third quarter in 2015 compared to a net loss of $75.3 million for the same quarter a year earlier.

The National Association of Federal Credit Unions expressed their concerns surrounding credit unions’ efforts in rural communities and limitations they face due to regulatory restrictions prior to the Senate Banking Subcommittee hearing called “The State of Rural Banking: Challenges and Consequences” held Wednesday.

The fourth volume of the Consumer Financial Protection Bureau's monthly complaint snapshot released Tuesday focused on one of its top three most complained-about financial product: mortgages.

First Guaranty Mortgage Corp., a Virginia Corp., has named Jane Gershman as its National Servicing Director. Prior to her new role, Gershman was SVP of Servicing Operations at SUNTRUST. In addition, she also served as Prior SVP, Loss Mitigation Division, ServiceLink; EVP, Loan Servicing Operations, CITI Residential Lending (formerly AMC Mortgage Services), where she also held the positions of SVP, Loan Servicing, President, AMC Insurance Agency, and President Town & Country Trustee Services