Lenders Could Be At Financial Risk Despite Protection With Home Flood Insurance

Written By Priscilla Anand, GIS Technical Manager

As flooding across the U.S. continues to be a serious issue, the effect of loss or damage to homes has dramatically increased. And because most properties are financed, that home serves as collateral to lenders. This in turn means that lenders have a greater financial stake when properties are damaged by flood waters. READ MORE

Eric Christensen named Chief Strategy Officer for LERETA

Eric Christensen is responsible for product development, corporate strategy, marketing and M&A transactions. Christensen, who most recently was the founder and managing director of Credit Data Solutions, has spent his career developing knowledge around financial software, predictive modeling and analytics, credit risk technology and decisioning software. READ MORE

LERETA Selects Tiffany Stringfellow as Vice President of Business Development

Tiffany Stringfellow has proven experience in the industry. Most recently, she spent 13 years with CoreLogic where she focused on multiple projects including solutions design in advisory services, capital market business development and regional sales in Northern California. She is responsible for maintaining and growing the relationships with LERETA’s largest clients. READ MORE

What’s the Frequency: Keeping Up with Tax Installment Changes

Written by Douglas Dick, Manager of Tax Report Processing

Mortgage servicers are routinely challenged by making timely escrow tax payments. Consistency is key. If a mortgage servicer knows that property taxes in a particular state or region are always due at the same time, forecasting workload volume and staffing needs can be more easily predicted. READ MORE

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