Celink names Robert Sivori new chairman, CEO

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MBA assembles task force to revisit single-family GSE reform Can mortgage technology help lenders drive purchase business? Clayton Holdings hires new senior managing director of lending services NEW YORK, Nov. 30. Prior to joining Amherst Capital, he led the national real estate lending business at CapitalSource, a division of Pacific Western Bank, as a Managing Director and Head of Real.PMI to pay underwater borrowers to stay put  · ”private mortgage insurance protects the lender from the elevated risk presented by a borrower that made a small down payment,” says Greg McBride, CFA, Bankrate.Directory Of Mortgage Servicing Technology – Directory Of mortgage servicing technology. plan Your Technology Road Map. By Staff. SM’s annual directory of mortgage servicing technology covers the core servicing platforms and compliance tools that servicers need to stay cost-effective and compliant.MBA Proposes Path for GSE Reform February 2, 2017 The Mortgage Bankers Association (MBA) released a paper outlining its recommended approach for secondary mortgage market reform, with the objective of ending the conservatorship of Fannie Mae and Freddie Mac (the GSEs) and establishing a new, durable foundation for the secondary mortgage market.

Celink, the largest subservicer of reverse mortgages in the U.S., announced that Robert Sivori will take over as its new chairman and CEO. Sivori will also assume the same title for Casa Holdco.

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Celink names Robert Sivori new chairman, CEO Celink, the largest subservicer of reverse mortgages in the U.S., announced that Robert Sivori will take over as its new chairman and CEO.

Celink, the largest subservicer of reverse mortgages in the U.S., announced that Robert Sivori will take over as its new chairman and CEO. Sivori will also assume the same title for Casa Holdco, Celink’s new parent company. Sivori, who has more than 25 years of experience in the mortgage industry, was the co-founder and COO [.]

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Initial jobless claims above 300K for third week There was a bump last week in initial unemployment claims, interrupting an otherwise encouraging trend, but the new data points in the right direction. Jobless claims improve, drop below 300k.

Celink names Robert Sivori new chairman, CEO Celink, the largest subservicer of reverse mortgages in the U.S., announced that Robert Sivori will take over as its new chairman and CEO. The HECM industry veteran is credited with building one of the strongest and most robust reverse servici.

Celink, the largest subservicer of reverse mortgages in the U.S., announced that Robert Sivori will take over as its new chairman and CEO.

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NY regulator freezes Ocwen-Wells Fargo $2.7B MSR deal Mortgage Insurance Woes Grow for Fannie, Freddie The Order prohibits the acquisition of new mortgage servicing rights and the origination of mortgage loans by Ocwen Loan Servicing. Further, the company will probably be unable to grow servicing..NY State Asks Ocwen to Suspend Wells Fargo MSR Purchase – The New York Department of Financial Services has requested that Ocwen Financial Corporation indefinitely suspend its previously announced purchase of a mortgage servicing rights portfolio with an unpaid principal balance (UPB) of $39 billion from wells fargo bank, N.A. However, this announcement will not affect Ocwen’s current corporate and servicer ratings, according to Fitch Ratings.

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Watch millennials apologize for delaying the housing recovery Financial experts say more millennials are delaying home ownership because there are tighter credit standards than a decade ago, for starters. Gone are the days when one could easily get 100% financing home loans without documenting your income. Today, almost all home loans require a down payment of at least 3% to 5%.