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Envision Bank Enters Agreement to Outsource Mortgage Servicing to Dovenmuehle
Envision BankMarch 10, 2021 GMT
STOUGHTON, Mass., March 10, 2021 (GLOBE NEWSWIRE) Envision Bank announced today that it has signed a contract with Dovenmuehle Mortgage, Inc. (“Dovenmuehle”), one of the largest private label mortgage subservicing companies in the U.S., to support and manage its mortgage subservicing business, including customer service, payment processing, escrow administration, payoffs and discharges, investor reporting and compliance.
In 2020, the Bank experienced tremendous growth with a 75% increase in its loan subservicing portfolio at $1.8 billion. Combined with its own residential lending portfolio, Envision Bank currently services more than 9,000 residential loans and $2+ billion in volume.
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Published: 3/5/2021 8:02:04 AM
The New Hampshire Housing Finance Authority has launched an initiative to help essential frontline workers become homeowners.
The new Community Heroes Initiative provides a $3,000 closing-cost credit to eligible first-time homebuyers who finance through one of New Hampshire Housing’s Plus mortgage programs. Eligible borrowers include healthcare, daycare and eldercare workers; law enforcement officers, firefighters and first responders; educators; and active members of the armed services.
The initiative’s $3,000 grant goes directly to the lender as a closing-cost credit, and the borrower is not required to repay this credit, the agency said. There is a maximum program income limit of $135,300, and funding for the initiative is limited.
Frontline workers offered first-time homebuyer grants nhbr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nhbr.com Daily Mail and Mail on Sunday newspapers.
CONCORD, NH – Gov. Chris Sununu announced a new rental assistance program through the Governor s Office for Emergency Relief and Recovery (GOFERR) that will provide assistance to eligible residents of New Hampshire who cannot pay their rent and utilities due to the COVID-19 pandemic. This program will open up doors of opportunity and help New Hampshire families who have struggled through this pandemic, said Gov. Chris Sununu. We worked hard to open up as many channels of eligibility as possible so that no one struggling has to worry about making rent or keeping their lights or heat on.
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The New Hampshire Emergency Rental Assistance Program (NHERAP) will be administered by New Hampshire Housing Finance Authority (NHHFA), in collaboration with GOFERR. NHHFA will work with the five regional Community Action Partnerships (CAPs) that will accept and process applications and payments for the program.