Servicing

By eliminating a sense of hierarchy, promoting innovation and offering attractive work perks, New York-based lender Better Mortgage succeeds as a top employer by investing in its employees as it does its customers.

When husband and wife Rick and Patty Arvielo set out to establish a strong corporate culture for their company, New American Funding, they turned to a leadership seminar from online retailer Zappos.

National Mortgage News is pleased to present the inaugural Best Mortgage Companies to Work For, a survey and awards program dedicated to identifying and recognizing the industry's best employers and providing organizations with valuable employee feedback.

The Best Mortgage Companies to Work For study is a collaboration between National Mortgage News and the Best Companies Group, which conducts extensive employee surveys and reviews employer reports on benefits and policies.

As the government shutdown enters its third week, mortgage servicers are activating the response plans they normally use during hurricanes and wildfires to assist federal workers who may have trouble paying their mortgages.

Mortgage industry hiring and new job appointments for the week ending Jan. 4.

Mr. Cooper Group is buying servicing rights on $24 billion in mortgages, a subservicing contract for an additional $24 billion in home loans and the Seterus platform from IBM.

New York Gov. Andrew Cuomo has signed into law a bill that provides a property tax break for Syracuse property owners who buy flood insurance.

New Fed Mortgage's pending acquisition of Commonwealth Mortgage LLC will allow it to expand its geographic footprint outside of New England.

Nonbank lenders are gearing up for new secondary market requirements and must make some difficult choices about whether to buy, sell or hold mortgage servicing rights, says Ruth Lee, the executive vice president of MorVest Capital.