ยป
Using LoanServ, Gateway will be able to
perform the full range of mortgage servicing functions, including escrow, payment
processing, investor reporting, and default
management. Executives at Gateway anticipate Fiserv will help them increase productivity, improve operational efficiency, react
more effectively to changes in modification
programs, and streamline the default process.
"We have more than tripled our total
mortgage origination volume over the last
four years, but origination is just the first
step in the home loan process," said Gateway
CEO Kevin Stitt. "We currently service
more than $3 billion in residential mortgages.
LoanServ from Fiserv gives us the capability
to significantly increase our servicing capacity and help us better serve our customers
through the life of their loan."
KNOW THIS
Wisconsin REOs owned by
Fannie Mae and Freddie
Mac totaled 3,314 as of
the end of the first quarter,
according to the Federal
Housing Finance Agency.
LEGAL LEAGUE 100
VISIT US ONLINE @ DSNEWS.COM
SERVICER SUMMIT
Thank You
The Legal League 100 wishes to express gratitude to the
sponsors of the 2013 Legal League 100 Servicer Summit.
Their participation and support were vital to the continued
success and effective communication, innovation, and lasting
collaboration found at this year's Summit.
CO-HOSTED BY:
SPONSORED BY:
Wyoming
rank: 51
90+ Day
Delinquency Rate
Foreclosure
Rate
June 2013
1.2%
Unemployment
Rate
0.6%
4.6%
year ago
1.3%
0.8%
5.5%
year-over-year change
-8.1%
-23.9%
-16.4%
Top County
Campbell CounTy
90+ Day
Delinquency Rate
June 2013
2.0%
Foreclosure
Rate
1.3%
year ago
1.7%
1.0%
year-over-year change
16.1%
24.0%
Top Core-based Statistical area
GilleTTe, Wy
90+ Day
Delinquency Rate
Foreclosure
Rate
June 2013
2.0%
1.3%
year ago
1.7%
1.0%
year-over-year change
16.1%
24.0%
note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously
delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure.
State rank is based on the June 2013 foreclosure rate. All figures are rounded to the nearest decimal. The
unemployment rate reflects preliminary June 2013 figures released by the Bureau of Labor Statistics. All
other data courtesy of LPS Applied Analytics.
Survive and Thrive
In Turbulent Times
143
