Integrating Technology in Servicing and Lending

first_imgSubscribe Tagged with: Finance FinTech Technology Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Integrating Technology in Servicing and Lending Earlier this year, Flagstar Bank and Detroit FinTech Bay announced the first startups to participate in the Flagstar Mortgage Tech Accelerator Program. DS News spoke to FinTech professionals including Flagstar Head of Digital Lending Rocky Stubbs about how the program is impacting the shape of FinTechs in the mortgage and real estate industry, and where technology needs to grow and adapt.According to Stubbs, the response to the program from the industry has been positive.“We have other competitors in this space who are very excited to see that we are taking some leadership here,” Stubbs said. “Once these companies deliver their technology into the marketplace of available solutions, we all benefit.”“Once we’re successful with the program, we will all be successful,” he added.“The launch of the program for the first cohort of the Flagstar Mortgage Tech Accelerator is an indication of its effectiveness in sourcing interesting and high quality startups from a uniquely defined vertical of FinTech,” said Maissan Almaskati, FinTech Consortium CEO “This milestone, which coincides with the opening of Detroit FinTech Bay, signifies the potential of the collaboration between Flagstar Bank and the FinTech Consortium to deliver innovation and enhancement across both the mortgage customer experience as well as lender efficiencies.”Stubbs discussed the importance of innovation in FinTech, noting that there are plenty of new tools out there that are making the customer service experience easier and more cost efficient.“There are technologies that are delivering value to the client, within the context of the servicing relationship,” said Stubbs. “We’re able to start thinking about how to push this through to the benefit of the customer.”Another important topic is the legacy systems in place in the servicing industry, and the challenges with integrating new systems with the old.“It is incumbent upon the FinTechs themselves who are developing the technologies to consider their customer base and understand that this is a near-universal problem,” Stubbs told DS News. Fortunately, he notes, technology is starting to catch up, becoming less of an issue in recent years.”Mortgage servicing technology is largely outdated and has been overlooked in this recent wave of FinTech innovation,” said Eric Rachmel, Founder and CEO of Brace. “Partnering with Flagstar and the FinTech Consortium to rethink one of the hardest elements of servicing, default servicing, demonstrates the forward-thinking nature of their leadership teams and will drive value for the broader ecosystem for years to come.”Learn more about the Flagstar Mortgage Tech Accelerator Program here.  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Integrating Technology in Servicing and Lending Related Articles Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago September 12, 2019 1,333 Views center_img Previous: The Industry Pulse: Update on Altisource, Fund That Flip, and More Next: New Executives at Fintech Company Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Technology The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Sign up for DS News Daily Finance FinTech Technology 2019-09-12 Seth Welborn About Author: Seth Welborn Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Troy Library to join national read-in event

first_imgSkip Email the author Troy falls to No. 13 Clemson Published 3:00 am Wednesday, February 10, 2016 Book Nook to reopen Print Article By Jaine Treadwell Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthBet You’re Pretty Curious About Jaden’s Net Worth Right About Now, HuhBradofoThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Sponsored Content The Troy Chapter of the National Council of Teachers of English and Waters’ Young Adult Literature class at Troy University and other university students are participating in the African American Read-In.“The Troy University students will read with and to students and will provide tutoring,” Waters said.“They will encourage reading comprehension and reading for pleasure. The university students will share work that features professional African American writers, African American literature and art that celebrates the African American experience.” Plans underway for historic Pike County celebrationcenter_img Latest Stories All reading levels and all ages of readers are welcome.The 2016 National African American Read-In will continue at the TPL throughout the week at 3:30 p.m. daily and on Monday, February 15. Pike County Sheriff’s Office offering community child ID kits Remember America’s heroes on Memorial Day Troy Library to join national read-in event By The Penny Hoarder The 2016 National African American Read-In is underway this week at the Troy Public Library. The public is invited to this free event that is sponsored by the Black Caucus of the National Council of Teachers of English and the NCTE.This 2016 National African American Read-In is the 27th national event.Dr. Patricia Waters, Troy Council of Teachers of English, is hosting the series of African American Read-In events at the Troy Public Library. Schools, churches, libraries, and community and professional organizations and interested citizens are also urged to make literacy a significant part of Black History Month. You Might Like City OKs street repairs The Troy City Council on Tuesday cleared the way for repairs to be made on 13 sites damaged during the… read more The Penny Hoarder Issues “Urgent” Alert: 6 Companies…last_img read more

Big East : Trio of teams search for on-court leadership

first_img Facebook Twitter Google+ Published on February 7, 2012 at 12:00 pm Contact Jon: [email protected] For Pittsburgh, the 2011-12 season has been one full of streaks — both good and bad.After starting off the season 11-1, including a stretch in which the team won nine straight games, Pittsburgh lost its next eight games. The Panthers were once last in the Big East with a 0-7 conference record.Fast forward more than two weeks and Pittsburgh has won four straight games behind point guard Tray Woodall, who missed 11 games earlier this season.‘He’s our point guard, and he gives us ball handling,’ Pittsburgh head coach Jamie Dixon said on the Big East coaches’ teleconference Jan. 26. ‘But he’s a fourth-year junior, he’s a leader and probably our most vocal leader — no question about it. He understands what we’re trying to do.’Meanwhile, Connecticut (15-8, 5-6) and Seton Hall (15-8, 4-7) find themselves moving backward. The Huskies, ranked No. 13 just three weeks ago, have lost five of their last six games. Connecticut’s lone win in those last half-dozen games came against Seton Hall, losers of six straight. Four weeks ago, the Pirates were ranked No. 24 and looked like the surprise team of the Big East. Now, it just has the feel of a typical Seton Hall year.AdvertisementThis is placeholder textAnd it’s starting to look more like a typical Pittsburgh team with the return of Woodall. He scored 26.5 points per game in wins versus West Virginia and Villanova. Woodall’s return also allowed senior guard Ashton Gibbs — leading the Panthers with 16.8 points per game — to go back to the shooting guard position.‘He’s really been the most vocal guy as far as directing traffic and telling guys what to do,’ Dixon said on the teleconference. ‘So a lot of experience with him and I think the guys really have a lot of confidence in him, and he was playing at a high, high level before he went down.’While Woodall’s return gives Pittsburgh a boost in performance and leadership, Connecticut is still searching for players to step up to replace leaders Kemba Walker and Donnell Beverly from last year’s national championship team.‘I think guys are trying to do it and trying to step up,’ said George Blaney, Connecticut’s associate head coach, on the teleconference Thursday. ‘I think one of the problems we’re having is we really are so very young.’Blaney lists sophomore guard Shabazz Napier, sophomore forward Jeremy Lamb and junior center Alex Oriakhi as those he would like to see assume leadership roles on the team. Lamb has been working hard to become a leader on the team, Blaney said, although it’s not typical of his personality to do so.Blaney said he hopes Napier and Oriakhi will step up as the season progresses. But it’s not all about leadership.The Huskies also have to execute.In a 58-44 loss to No. 12 Georgetown, the Huskies went 1-of-18 from the field during a 12-minute portion of the game. Connecticut also struggled from beyond the arc, going 2-of-20.‘I think first off that offense is the hardest thing, and offense can sometimes come and go,’ Blaney said. ‘We thought at one time that we kind of solved the problem a little bit by getting the ball off the floor and really pushing it at people. We’ve done it at times, but we don’t seem to be able to maintain it.’Oriakhi’s production has also been down, as he’s averaging just 6.6 points and five rebounds per game this season. Oriakhi produced 9.6 points and nearly nine rebounds per game last season.‘Alex is struggling a lot,’ Blaney said. ‘He’s working at it and trying to figure it out, and we’re trying to figure it out for him. He hasn’t played with the same dominating defensive ability and dominating rebounding ability that he showed last year, and that’s where we need to get him back to.’And the Huskies will have to improve without head coach Jim Calhoun, who took an indefinite medical leave of absence Friday. He has been suffering from spinal stenosis for several months. The condition causes him severe pain and hampers mobility.Connecticut ended its four-game losing streak Saturday with a 69-46 win over Seton Hall, extending the Pirates’ losing streak to six games.Seton Hall looks like it needs even more work than Connecticut.‘Seton Hall kind of did the same thing that we’ve done,’ Blaney said. ‘Got really high in the rankings, won some games in a row and all of a sudden, as many teams do in this league when you’re playing tough games every single night, you get caught in a cycle where it doesn’t seem you can get yourself out of it.’Seton Hall head coach Kevin Willard said in the teleconference Thursday that his team hasn’t been able to capitalize on opportunities as of late, as the Pirates have missed open shots that have led to easy buckets for its opponents.And one key to turning it around this season will be keeping star senior guard Jordan Theodore healthy. Theodore is averaging 15.4 points and 6.8 assists per game this season. Willard said he would like to give Theodore two or three minutes of rest in the second half to keep him fresh at the end of the season.But rest or no rest, the Pirates still need some shots to fall.‘The last couple games we’ve missed a lot of layups and a lot of opportunities to kind of give us a chance to get a W,’ Willard said. ‘We’ve just been struggling to put the ball in the basket. We’re playing hard, we’re playing good defense, we just got to try to take advantage of some shots.’Big East game of the weekNo. 12 Georgetown (18-4, 8-3) at No. 2 Syracuse (23-1, 10-1)Wednesday, 7 p.m., ESPNBoth are coming off huge wins: Georgetown beat South Florida by 30 points on Saturday, while Syracuse defeated a young St. John’s team 95-70 on Saturday. Both indicate the latest game between the two bitter rivals should be a good one.Sophomore center Fab Melo returned to the Syracuse starting lineup on Saturday, bringing in 14 points but only three rebounds in 21 minutes of work. Also emerging was freshman Michael Carter-Williams, who scored 13 points.And the Orange will need to play tough against a physical Georgetown team, which is led by senior guard Jason Clark and junior forward Hollis Thompson. Clark is averaging more than 15 points per game, while Thompson is scoring nearly 14 points per game and bringing down more than five rebounds per [email protected]center_img Commentslast_img read more

Senior Johnson scores 3rd and 4th goals of career on same night

first_img Published on February 5, 2014 at 12:59 am Contact Connor: [email protected] | @connorgrossman Facebook Twitter Google+ Syracuse senior forward Cara Johnson hadn’t scored a goal since her freshman year, and she positioned herself perfectly to break that streak on Tuesday night. After a shot from a fellow SU forward clanked off the left post and settled almost directly in front of the goal box, Johnson was there to wrist it past the Saints’ goalie for her first goal of the season.Syracuse (15-11-2, 6-6-2 College Hockey America) defeated St. Lawrence (9-15-3, 8-5-3) 3-0 at the OnCenter Complex, and it was a night that Johnson won’t soon forget.“[St. Lawrence] messed up their break out and couldn’t get to the puck before I did,” Johnson said. “It all happened so fast, it’s almost a blur to me.“I do know I was lucky, though.”AdvertisementThis is placeholder textWith just two and a half minutes left for St. Lawrence to make up a two-goal deficit, they opted for an extra offensive player and pulled goalie Mikaela Thompson. Johnson was opportunistic once again, and got the puck in front of the open net to collect her second goal of the game, and the season.Despite netting two goals, Johnson wasn’t inclined to believe this was the best game her or her teammates could have played.“The team really needed this game to stay positive,” Johnson said. “Myself included, we all picked up the pace a little more in the third (period) and were able to do the things we needed to do to win.”Johnson has played 116 games in her four years in the program, and she doubled her career goal total from two to four on Tuesday night.All 116 of those games have come under the guidance of head coach Paul Flanagan, who has seen her grow immensely as a player and person on and off the rink. Flanagan was very vocal regarding the mentorship Johnson has provided to the younger players on the team.“She’s got a good perspective and balance on the game,” Flanagan said. “She prides herself in talking to the younger plays during games and keeps her composure on the bench.”Johnson and junior forward Allie LaCombe have a long history on the ice together, both grew up in Minnesota playing hockey with one another. LaCombe, who’s a year younger than Johnson, has always looked up to Johnson admirably. Both Minnesota natives were able to score Tuesday night, and LaCombe was not shy about her pride for her fellow Minnesotan.“I know it’s her first goal, but she works hard every single game and practice,” LaCombe said. “Sometimes all the hard work doesn’t show up on the score sheet.”Johnson has embraced her role as a senior leader this year, and is highly regarded an instrumental defensive forward for her line. Her experience has allowed her to realize the kind of player she needs to be on the ice for her team, and that job description doesn’t include being a consistent goal scorer.She realizes as her final season winds down, she has had to work harder and play every game as if it would be her last.“The position I’m in now is so much different then when I was a freshman,” Johnson said. “The season’s going to be over sooner than you know it, so you can’t take it for granted.”Her teammates value her perspective on things as an outspoken and occasionally unspoken leader and mentor who maintains a consistent, level-headed approach to the game.“Cara doesn’t ever get too high when things are going well for the team and won’t let it get too low either,” Flanagan said.Johnson has tried to keep a simple mindset for the remainder of the season, and has set out just two goals for herself and the team.“Just win,” she said. “And beat Mercyhurst, too.” Commentslast_img read more

Flotation to net Better Collective £50m

first_img StumbleUpon Share LeoVegas hits back at Swedish regulations despite Q2 successes August 13, 2020 Share Submit Related Articles Better Collective has outlined that as part of its initial public offering (IPO), by 8 June it plans to have released shares onto the Nasdaq Stockholm stock exchange.The offering is going to be made to the public in Sweden and to institutional investors in Sweden and abroad. Publishing its prospectus, the group detailed the price range for the company’s listing set at between 48 and 58 Swedish crowns. The range corresponds to a total value of all outstanding shares of approximately SEK 1.3 billion–1.6 billion before the offering.Plans to move ahead with this initiative were originally disclosed in the middle of May, when the industry affiliate marketing group detailed that it seeks to diversify its shareholder base, improving its access to capital markets.Adding that the funds it raises through its Stockholm IPO will be used to further the ongoing acquisition growth strategy employed by Better Collective as it looks to continue expanding the its multi-market affiliate network.The group is anticipating it will raise SEK600m prior to the deduction of transaction costs, but should the over-allotment option be utilised, it would increase the total by a further SEK116m. Better Collective cautious on quick recovery as COVID drags growth momentum August 25, 2020 Better Collective Spotlight: How Betarades.gr is driving engagement through YouTube July 30, 2020last_img read more

Ask the Mayor — April 29, 2020 — Mason City city administrator Aaron Burnett

first_imgKGLO News · Ask the Mayor — April 29, 2020 — Mason City city administrator Aaron Burnett Mason City’s city administrator Aaron Burnett was our guest on “Ask the Mayor” on April 29th, 2020. Listen back to the program via the audio player belowlast_img