3 min read
CFPB Proposes Automation To Reduce Consumer Friction
What does the CFPB’s recent initiative to curate mortgage products and assist homeowners have to do with mortgage servicing? More than you think....
Financial Services (2)
3 min read
Can Servicers Rise to the Latest Challenges?
What’s next on the mortgage horizon? Lenders are feeling the pinch as interest rates make an uphill trek. On a broader scale, foreclosure activity...
3 min read
Should Servicers Be Worried About the CFPB's Key Observations?
The industry is migrating from forbearance to foreclosure, and mortgage servicers are seeing another change in the makeup of their default servicing...
3 min read
How Do Servicers Outpace Rising Foreclosure Activity With Mounting Oversight?
Have you seen the latest foreclosure stats? The picture they paint isn’t a pretty one. The June 2022 U.S. Foreclosure Market Report shows an increase...
3 min read
Solutions to 5 Key Observations in the Latest CFPB Response Metrics Report
Not all servicers are alike, whether it’s size, portfolio composition, delinquency rates, or other criteria. Despite these disparities, the CFPB is...
3 min read
A Storm is Coming. Is Your Servicing Organization Ready?
Correction, the title should read 19 storms are coming. At least that’s the prediction released last month by Colorado State University. The Atlantic...
3 min read
As Foreclosure Moratoria Expire, Are You Managing Uncertainty With Seamless Servicing?
We’ve just passed the two-year anniversary of COVID-19 foreclosure moratoria and are quickly rounding the corner on the first quarter of 2022. Where...
3 min read
How Servicers Can Simplify the Shifting of Borrowers Out of Forbearance
The latest numbers reported by the Mortgage Bankers Association illustrate the volatility that remains in forbearance volume for servicers. As of...
3 min read
How to Accelerate Your Mortgage Servicing Efforts with Seamless Servicing
Are you ready to put 2021 behind you? Mortgage servicers continue to try to keep up as their segment of the business is inundated by pandemic...
3 min read
How to Mitigate the Possibility of Consent Orders with Modern Automation
Servicing institutions are well aware of the need to stay out in front of agency scrutiny, examinations, and of course consent orders. But what...
3 min read
How is Your Mortgage Servicing Shop Holding Up Under Unrelenting Pressure?
Exhausted by change? Every company, mortgage-based or otherwise, is experiencing a shift in automation as an essential part of business. The timing...
3 min read
How the Pandemic Influence is Creating a New Perspective on Servicing Automation
The mortgage industry, financial services, and FinTech arenas have all received a boost from technology during struggles to provide relief under...
3 min read
Automated Workflow - Elevate the Power with Shared Data
Workflow is defined as a systemic distribution of tasks, information, and documents to users or groups for action based on a predefined set of...
3 min read
Do You Have the Right Loss Mitigation Partner for COVID-19?
It is hard to imagine that we are approaching the three-month mark for working under COVID-19. Keeping up with industry change as we continue to...
3 min read
Do You Know What the New Decade Holds for Customer-Centric Servicing?
Clarifire recently released its white paper on the current approach to customer-centric servicing and the corresponding key drivers as we head into a...
2 min read
It’s Time to Bring Mobile Access to Your Servicing Back Office
Today’s customers demand far more than an automated process from their mortgage bank or servicer. As servicers strive to improve overall efficiency...
2 min read
Servicers get ready … NOAA predicts another “above-normal” hurricane season
The 2019 hurricane season is already off to a troubling start with Hurricane Dorian having caused an estimated $1.5 billion to $3 billion in...
2 min read
Don’t Put Your Vendor Partnerships at Risk as Innovation Progresses
A lot of industry attention is currently focused on the finish line for the digitizing of the mortgage business, with mortgage lenders, servicers,...
3 min read
The Value of Workflow When Pursuing Digitization for Loan Servicing
The mortgage industry’s latest buzz word is “digital mortgage,” a novel term for the ongoing pursuit to remove paper from the process. However, this...
3 min read
How to Use Automation to Drive More Business to Your Organization
The industry continues to hunger for technology to improve workflow, as well as streamline and automate operational efficiencies. While these...
2 min read
The Ongoing Challenge of Collateral Rehab on Disaster-Stricken Properties
Over the past few months, Clarifire has published meaningful discussions on the numerous requirements mortgage servicers have taken on to manage...
3 min read
How Are You Handling Disaster Relief Demand?
Is hurricane season over? Not if you’re a loan servicer. Given the skyrocketing amount of devastation caused by hurricanes, wildfires, flooding and...
3 min read
Is Your Team Disaster Relief Ready?
What does it mean to be disaster ready? As a servicer you’re already juggling a variety of change initiatives at any given time, with unreasonably...
3 min read
Are Your Operational Processes Up For The Disaster Relief Challenge?
The end of this year’s hurricane season is less than two months away; however, with hurricane Florence barely in our rearview, are your operational...
3 min read
How to Fill the Gaps in Your Servicing Processes
From loan origination to loan payoff, there are multiple paths that a loan can take throughout its lifecycle. The best performing loans will follow a...