Servicing
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Dovenmuehle Mortgage promotes Krogh, Torres
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Mortgage subservicer Dovenmuehle Mortgage announced two promotions within its business development team this week. Anna Krogh was named senior vice ...

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PennyMac announces proposed private offering of $650M in senior notes
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California-based multichannel lender and servicer PennyMac Financial Services announced on Monday a proposed private offering of a $650 million ...

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Ocwen improves overall reverse mortgage performance despite volume contraction
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Ocwen Financial Corp., parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage, reported an overall improvement in its business performance ...

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ICE looks to rethink the mortgage servicing experience
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Intercontinental Exchange (ICE) introduced MSP Digital Experience (MSP DX), a conversational user interface designed to interact with the company’s ...

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A&D Mortgage names new servicing manager
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Florida-based wholesale lender A&D Mortgage appointed Satish Vishwakarma to the role of servicing manager, the company announced on Tuesday. In ...

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Pennymac posts first-quarter profit of $39M
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Pennymac Financial Services earned a profit of $39.3 million in the first quarter of 2024, the California-based multichannel lender and servicer ...

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Industry experts detail the benefits, challenges of AI
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As artificial intelligence continues to grow in prominence, mortgage professionals “must carefully evaluate and manage” their use of AI and “focus on ...

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