Recruiting, Subservicer Products; Freddie/Fannie Changes in Primary, Secondary, and Servicing Areas

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Posted To: Pipeline Press

How do you pay your bills? (Do you pay your bills?) Cash? Check? Automatic debit? There is a myriad of ways that borrowers remit their mortgage payments , with auto-pay (28%) and a mortgage servicer’s website (22%) “taking up half of the pie” per the Mortgage Bankers Association. (“Servicer mobile applications are emerging and poised to gain remittance share in the future. For now, they only represent about 1 percent of borrower remittances. That will likely rise in the upcoming years.”) There will be plenty of debts being paid off after March Madness. Here’s a fun slant on brackets for animal lovers . Lender Products and Services There are a lot of misconceptions about what exactly is Artificial Intelligence (A.I.) According to Neil Sahota, United Nations…(read more)

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