Outsourcing Loss Mitigation Focus - Disasters March 2019
The disasters that befell the Atlantic coastal regions over the last several years have left mortgage servicing operations searching for cost effective and efficient answers to resolve a multitude of delinquencies.
Thoughts and Insight Regarding FHA Mortgagee Letter 2015-07
DLS Announces Launch of Product Aimed at Assisting New FHA Servicers
Michigan-based default mortgage services consulting and outsource servicing provider DLS Servicing Consultants, LLC has announced the launch of a new product aimed at smaller and new FHA servicers.
DLS is the creator and owner of FHA loss mitigation decisioning software WaterfallCalc.com, and the...
DLS Servicing Releases Web-Based FHA Waterfall Loss Mitigation Analysis Program
Michigan based companies DLS Servicing Consultants, LLC and WorkSmart Database Masters, LLC announced today that they have released an online, web-based FHA Waterfall loss mitigation program, WaterfallCalc.com. The program, created to the specifications of FHA Mortgagee Letter 2012-22, provides FHA servicers with the correct FHA Waterfall option and all workout calculations with the entry of basic loan and borrower data. WaterfallCalc.com creators expect the WaterfallCalc.com program will highly improve efficiency and accuracy for all FHA loss mitigation and will drastically reduce processing times.
FHA HAMP Maximum Claim Amounts and Streamlined Refinances
Without the benefit of historical information, offering a HAMP that exceeds the FHA maximum allowable could be a very unwelcome and costly surprise for mortgage services.
Overwhelmed with the New FHA Waterfall Guidelines? DLS Servicing Makes Calculations Easy!
Fortunately, there is an easier way. Designed specifically with all types of servicing shops in mind, DLS Servicing Consultants offers FHA Waterfall analysis using our new FHA Waterfall Calculator.
Mortgagors Falling Through Gap in the new FHA Waterfall
Mortgagors who have a significant surplus income, but who cannot resolve their delinquency through a repayment plan over six months and who have interest rates already at or near market – are just out of luck.