TheMReport — News and strategies for the evolving mortgage marketplace.
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local edition Or ig i nat ion SERVICING Wingspan Opens Florida Operations Center Nearly all 400 former JPMorgan Chase employees have been retained. Se r v ic i ng TEXAS // Wingspan Portfolio s e c on da r y m a r k e t a na ly t ic s Advisors, a diversified component and special mortgage servicer based in the Dallas area, cut the ribbon on its new Florida-based operation. Wingspan acquired the servicing operation (based in Melbourne, Florida) from JPMorgan Chase in February, retaining nearly all 400 employees as part of its expansion of service offerings to the mortgage industry. The invitation-only grand opening celebrated the company's new Florida presence and its first operation outside of the Dallas area. The acquisition of the Melbourne operation brings Wingspan to almost 2,000 employees in four locations in Texas and Florida, with approximately 420,000 square feet of office space. "We are delighted to preserve a wellspring of experience here in Melbourne that benefits our clients across the country as we help build the mortgage industry of the post-crisis era," said Wingspan president and CEO Steven Horne. IndiSoft, Hope LoanPort Enhance Servicer Technology The changes will assist servicers comply with transfer regulations. MARYLAND // IndiSoft, a Maryland-based tech development firm, and national nonprofit Hope LoanPort (HLP) announced technology enhancements designed to assist servicers with regulatory compliance. IndiSoft's RxOffice technology now allows HLP to provide 46 | The M Report