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DPA, Fee Collection, PPE, AI Servicing Tools; California and Rain; STRATMOR on Compensation

Two vultures are in a field, eating a dead clown. One vulture says to the other, "Does this taste funny to you?" The last thing you want to hear about your company is that it “preyed upon” customers, which is the opposite of funny. “Don’t do the crime if you can’t do the time”: A federal court has issued an order banning the operators of the Home Matters USA mortgage relief scam from the telemarketing and debt relief businesses and requiring them to turn over $19 million as a result of a lawsuit by the Federal Trade Commission and the California Department of Financial Protection and Innovation. Named were Home Matters USA, Academy Home Services, Atlantic Pacific Service Group, and Golden Home Services America, and the owners of the companies, Michael R. Nabati, Armando Solis Barron, Dominic Ahiga (also known as Michael D. Grinnell), and Roger S. Dyer… taking millions of dollars from thousands of struggling homeowners s

A repositioning of players in the MSR market is underway

A repositioning of players in the MSR market is underway

The mortgage-servicing rights (MSR) market remains robust as we turn the corner into 2024, and though it is expected to slightly underperform 2023, the market is still projected to notch healthy trading volumes in 2024 — hovering near the $1 trillion mark for the fourth year in a row, market observers forecast.

Nexus Nova Earns Fannie Mae Master Servicing Approval

Nexus Nova Earns Fannie Mae Master Servicing Approval
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Nexus Nova LLC Receives Fannie Mae Master Servicing Approval

/PRNewswire/ Rice Park Capital Management LP ("Rice Park"), a Minneapolis-based investment firm, is pleased to announce that its subsidiary, Nexus Nova LLC.

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