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ยป VISIT US ONLINE @ DSNEWS.COM 89 TENNESSEE A New Partnership Churchill Mortgage, a provider of conventional, FHA, VA, and USDA residential mortgages across 46 states, announced a joint venture with American Home Title to found Churchill Title Solutions, a title company intended to streamline the origination process and create a secure mortgage experience for borrowers, real estate agents, and lenders. Available to all lenders in every U.S. state, Churchill Title Solutions will provide borrowers the option of pursuing a digital mortgage, streamlining (or entirely eliminating) some tedious processes associated with traditional title management, while expediting lenders' time to close. In addition, the joint venture will close potential security gaps within the mortgage process and help lenders and real estate agents provide borrowers with peace of mind that their information is safe and secure. "With the engagement and commitment of both companies' staff and leadership, we've established a synergistic joint venture that will allow Churchill Title Solutions to become an integrated part of Churchill's streamlined origination process," said Jack Goisse, President of American Home Title. "is joint venture will employ solutions to ensure efficiency, security and transparency to all stakeholders providing a consistent and stress free experience." "ere is a vital need within the mortgage industry to centralize the various siloes through which sensitive information travels and create a consistent, streamlined borrower experience," said Matt Clarke, CFO and COO of Churchill Mortgage. "Considering our companies' mutual dedication to trust, honesty, hard work, and integrity, this joint venture will build upon our strengths and help us better serve the mortgage industry as a whole." Founded in 1992, Churchill Mortgage is a privately owned company by its more than 350 employees. e company provides conventional, FHA, VA, and USDA residential mortgages across 46 states. As heard on personal finance expert and author Dave Ramsey's nationally syndicated radio show, the lender's mission is to help borrowers achieve debt-free homeownership and build wealth through a smarter mortgage plan, regardless of their starting point. Churchill Mortgage is a wholly-owned subsidiary of Churchill Holdings, Inc. TEXAS Colonial Savings Named Fannie Mae's STAR Performer Colonial Savings, a national, multi-service financial institution, has again been named a Fannie Mae STAR Performer in General Servicing for 2018. Fannie Mae's Servicer Total Achievement and Rewards, or STAR Program, recognizes financial institutions that have demonstrated best practices in a number of servicing cat- egories, including a review of relevant people, strategies, processes, and applicable metrics. According to Colonial, this award comes on the heels of the launch of its Mortgage Services' new state-of-the-art website that is designed to make it easier for its customers to make a mortgage payment, access FAQs, schedule automatic payments, and more. "We are very proud to again be named a Fannie Mae STAR Performer," said Tim Neer, SVP, Director of Loan Servicing. "Colonial continues to be a top-tier mortgage servicer year after year. Being awarded this distinction helps to solidify the fact that we continue to make positive changes for our customers." Founded in 1952 as Fort Worth Mortgage Corporation, Colonial is one of the largest servicers of residential mortgage loans in the United States, with a servicing portfolio of $26 billion. Colonial operates three mortgage origination divisions, Colonial National Mort- gage, CU Members Mortgage, and Commu- nity Bankers Mortgage. "Colonial has been a customer-first company since it was founded as Fort Worth Mortgage Corporation in 1952," said J. David Motley, President. "Colonial has continued to improve the customer experience, embrac- ing the latest technology and other methods to ensure our customers receive the level of service they have come to expect over the last 67 plus years." THE LEADER IN DEFAULT SERVICING NEWS Help shape the next issue of DS News. Drop us a line at Editor@DSNews.com. was the year-over-year change in home values in Dallas. The median home price in this Texas metro currently stands at $245,100. Source: Zillow Home Value Index report STAT INSIGHT 9%