It's time to redefine service in the mortgage servicing industry

It's time to redefine service in the mortgage servicing industry

The tide has shifted, and servicing companies should no longer be the bad guy in the mortgage process. They should be champions of home ownership. But, company culture has to drive this mindset and team members need to feel they are empowered to celebrate borrower successes, such as on time
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CS Hires Swiss Banking Analyst

Credit Suisse is poaching a veteran Swiss banking analyst from a smaller private banking rival, finews.com reports. Andreas Brun (pictured above), a well-known Swiss finance analyst, has been hired by Credit Suisse, effective April, finews.com has learned. A spokesman for the Swiss bank confirmed
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Australian Open Banking Developments

This is in contrast to the UK where registration or authorisation requirements differ depending on whether a business offers the ability to initiate bank payments from their third-party service. Further details of the implementation remain to be seen, particularly in relation to “write” access which will allow
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Calif. Cities Selling Housing Lots for One Dollar Each

The California cities of San Diego and Lemon Grove have announced plans to sell lots for $1.00 each to a nonprofit land trust that will use the land to construct residential property for middle-class families. According to a San Diego Union-Tribune report, the maximum prices for the new three- to
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Amazon Studios Taps NBC Entertainment's Jennifer Salke to Succeed Roy Price

Amazon has named a new head for its television and film production unit nearly four months after the departure of former studio head Roy Price amid sexual harassment allegations. To fill that role, Amazon has tapped NBC Entertainment president Jennifer Salke, who will now report to Jeff Blackburn,
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The company that wants to help you hire a plumber may be a good investment, too

That's an enormously fertile market for the company to tap. Service providers … “We continue to view the home services opportunity as large and untapped and believe that evolution of a large digital marketplace is inevitable. … Housing market churn is clearly good for ANGI Homeservices, Terrill said.
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Real-estate transactions: Feb. 9, 2018

1702 W. Tiffany Court, Peoria, THM Properties LLC Series Tiffany to Osorio McAdams Real Estate Rentals LLC, $227,500. 8522 N. Glenbrooke Court, Edwards, Ralph E. and Nancy A. Mikesell to David S. and Ashley M. Totten, $230,000. 1708 W. Tiffany Court, Peoria, THM Properties LLC Series 1708
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Alexandria Real Estate Equities, Inc. (NYSE:ARE) Riding the Lightening: Where is it Headed Now?

Traders may be using technical analysis to help spot ideal entry and exit points. One idea behind technical analysis is that historical price movement trends have the ability to repeat themselves. Technical analysis involves the use of chart patterns to examine market movements and to help define trends.
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Oaktree Specialty Lending's (OCSL) CEO Edgar Lee on Q1 2018 Results – Earnings Call Transcript

Thank you, operator, and welcome to all of you who have joined us for today's call to discuss Oaktree Specialty Lending Corporation's first quarter 2018 Financial Results. Our earnings release, which we issued this morning, and the slide presentation that accompanies this call can be accessed on the
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Ruoff Home Mortgage returns as Andretti Autosport sponsor

Ruoff Home Mortgage, which adorned the sidepod of the Andretti Autosport car that won the 2017 Indianapolis 500 presented by PennGrade Motor Oil, is returning to the team this season as primary sponsor for driver Marco Andretti in two Verizon IndyCar Series races. Andretti will carry Ruoff Home
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Flu Is Causing 1 in 10 American Deaths and Climbing

Along with the pneumonia it spawns, this year's epidemic may be killing 4,000 people every week. By. Michelle Cortez. @FayCortez More stories by Michelle Cortez. February 9, 2018, 10:54 AM PST Updated on February 9, 2018, 1:53 PM PST. The amount of influenza ravaging the U.S. this year rivals
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Rubio Says World Would Support Venezuela 'Removing a Dictator'

Marco Rubio took to Twitter on Friday morning to suggest that the world would support Venezuela's military if it decided to “restore democracy by removing a dictator” as the country's President Nicolas Maduro prepares for an April election some are already predicting to be rigged. The world would
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United Community Banks, Inc. Announces Quarterly Cash Dividend Increase

BLAIRSVILLE, Ga., Feb. 09, 2018 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NASDAQ:UCBI) (“United”), reported that its Board of Directors approved an increase of its regular quarterly cash dividend to $0.12 per common share. The dividend is payable April 5, 2018 to shareholders of
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Mortgage rates in the US continue to rise

Mortgage rates in the United States have increased this week as well. Rates have been increasing since the last 5 weeks. On Thursday, Freddie Mac, revealed that the 30 year fixed rate average increased to 4.32 percent. A week ago, it was at 4.22 percent and last year it was 4.17 percent. Since the
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Crypto's a Sideshow

Imagine if Rip Van Stocktrader had slumbered through January and woke up today. A bit groggy, he'd check Thursday's closing price for the MSCI World Index and, after a bit of mental arithmetic, work out that the stock market is down a tad more than 3 percent so far this year. “Nothing to worry about,”
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Australia Pursue Open Banking as Consumers Regain Control of their Data

Last July, Australia commissioned a review of Open Banking seeking recommendations as to how to best pursue this policy shift in Australia. Commissioned by Treasurer Scott Morrison, MP and chaired by Scott Farrell, the Australian government has now published a report that makes 50
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Big St. Louis bank hires veteran banker to launch KC mortgage biz

Cross most recently held the same role with Busey Bank (formerly known as Pulaski Bank) where he was responsible for managing mortgage operations in the Kansas City area, Denver, Lawrence, Warrensburg and Wichita. He grew his team there from 11 loan officers to 40, and was responsible for
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Real estate notes, Feb. 10, 2018

NORTH HAVEN — Barbara L. Pearce, CEO and President of Pearce Real Estate, recently announced newly hired agents and staff who recently joined the firm. Jamal Mitchell has joined the company's New Haven office as a Residential Sales Agent. He reports to Nanette Pastore, Senior Vice President,
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Old Navy Named One of the 2018 Best Workplaces for Giving Back by Great Place to Work® and …

Great Place to Work and FORTUNE have honored Old Navy as one of the 2018 Best Workplaces for Giving Back. The ranking considered more than 385,000 employee surveys from companies across the U.S. Great Place to Work, a research and consulting firm, evaluated more than 50 elements of team
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UPDATE 2-Bad loans hurt Indian state banks, push SBI to surprise Q3 loss

Bad loans at Indian banks have nearly doubled in the past four years as an economic slowdown took its toll on the ability of companies to repay debt, exacerbated in the case of some banks which analysts said had expanded lending too fast. The bulk of India's 9.46 trillion rupees ($147 billion) in
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