Page 7 - Loss Mitigation News Today

/PRNewswire/ -- Vemo Education (Vemo) co-founder and former Senior Vice President of Originations & Servicing, Renée Mang, has joined Stride Funding, Inc....

Kestra Advisory Services LLC lowered its holdings in shares of Black Knight, Inc. (NYSE:BKI – Get Rating) by 8.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,840 shares of the company’s stock after selling 336 shares during the quarter. Kestra […]

TAP Consulting LLC purchased a new stake in shares of Black Knight, Inc. (NYSE:BKI – Get Rating) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,215 shares of the company’s stock, valued at approximately $101,000. Several other hedge funds […]

“A fine is a tax for doing wrong. A tax is a fine for doing well.” Lenders sometimes grapple with the former, always deal with the latter. In my travels around the nation visiting with residential lenders, what else has their attention? Loan officer recruitment, the area with fabled signing bonuses over the last year or so, is heating up. After two great years and a reduction in pipelines, some MLOs are searching for new homes or at least taking phone calls from recruiters, testing...

/PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced that Iowa Bankers Mortgage Corporation (IBMC), an affiliate of the Iowa Bankers Association, has...

BKI earnings call for the period ending December 31, 2021.

In 2020, natural disasters, excluding COVID-19, caused a total of $76 billion in insured losses, as opposed to the $7 billion in man-made insured losses. Companies must prepare to meet the demands of an increased customer base, including facilitating an easy claims process and expanding digital access.

CFPB noted increase in borrowers needing loss mitigation assistance and cited mortgage servicers for violations relating to loss mitigation: charging fees in violation of the CARES Act and failure to evaluate complete loss mitigation applications in violation of Regulation X

Last week, the United States Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) jointly issued letters to landlords and mortgage servicers about protections servicemembers have under the Servicemembers Civil Relief Act (SCRA).

/PRNewswire/ -- Today, Black Knight, Inc. (NYSE:BKI) announced that VyStar Credit Union, the largest credit union headquartered in Northeast Florida, has...