Servicing

Clayton Holdings LLC, a provider of loan due diligence, surveillance, REO management, and consulting services to the mortgage industry, recently welcomed Andrew Pollock as senior managing director of Clayton Consulting Services.

Domestic-based end-to-end mortgage services provider LenderLive, based in Denver, Colorado, announced that Jeffrey Lewis has joined the company as a regional account executive for the firm’s Correspondent Lending line, covering New Jersey and Eastern Pennsylvania.

There is a demographic shift happening within the mortgage profession. In an industry that is so male and white-focused, women and minorities are often passed over for well-deserved positions and promotions, but this idea is being reshaped and redefined right before our eyes. This select print feature appears in the October 2015 edition of MReport magazine, available now.

Matt Martin Real Estate Management, a national real estate finance services provider, recently announced that the company has changed its name to Chronos Solutions and expanded its brand and service offerings. This update signals the firm's intentions to make its wide array of real estate finance services known to its national market, which will lead to another period of growth.

Wells Fargo and Bank of America posted strong 2015 third quarter financial results, with net incomes reaching $5.8 billion and $4.5 billion, respectively.

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. This piece features John Vella, chief revenue officer of Altisource Portfolio Solutions, discussing how the residential property market is recovering–but at the same time, it’s experiencing a shrinking pool of the refinancing and distressed opportunities.

Stewart Information Services Corp., recently announced the launch of a refined brand to support the company’s strategic growth plans and efforts to communicate its focus on operating in the true spirit of partnership.

The Securities and Exchange Commission announced Monday that it has charged Home Loan Servicing Solutions for making "material misstatements" about handling transactions with related parties, including Ocwen Financial Corp.

First American Financial Corp., a provider of title insurance, settlement services and risk solutions for real estate transactions, recently expanded their ability to license its comprehensive real estate data that includes 99.9 percent of U.S. housing stock and includes more than 5.5 billion recorded document images.

Standard and Poor's Rating Services recently affirmed Ocwen Financial Corp., 'B' issuer credit rating and removed the rating from CreditWatch negative. In addition, S&P also placed Ocwen's outlook as negative.