TheMReport

July 2012

TheMReport — News and strategies for the evolving mortgage marketplace.

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LOCAL EDITION SERVICING dedicated to helping both new and established servicers build up their businesses," McDonald said with the company's recent announcement. In fact, McDonald is offering the industry a free one-year trial of Web/T.I.M.E. McDonald also offers a customer service product— MyLoanInfo—allowing borrowers to view their loan status in real time. MyLoanInfo offers borrowers updates on recent payments, loan balances, upcoming payment due dates, and IRS reports. "Since 1976, we have been platform will gain access to datasets such as those from the Department of Housing and Urban Development and the Federal Deposit Insurance Corporation. Wolters Kluwer hopes the new enhancements Those using the PolicyMap fair lending solutions on behalf of our customers. In doing so, we're providing our customers with the comprehensive infor- mation, mapping, and reporting capabilities they need to help ensure they are in compliance with CRA and fair lending AHMSI Re-Brands as Homeward Residential Inc. THE SERVICER ANNOUNCES A NEW NAME AND BRAND IDENTITY THAT REFLECTS ITS EXPANDING SPECTRUM OF OFFERINGS. acutely focused on the mortgage servicing industry, and we will continuously contribute to its strength in any way possible," McDonald stated. TRF and Wolters Kluwer Announce Partnership SEEKING TO GIVE CLIENTS BETTER ONLINE ACCESS, THE FINANCIAL SERVICES FIRM WILL INTEGRATE TRF'S POLICYMAP APPLICATION WITH ITS EXISTING SOFTWARE. MINNESOTA // In Minnesota, Wolters Kluwer Financial Services has established an agree- ment with The Reinvestment Fund. The two entities will work together to integrate TRF's PolicyMap application with Wolters Kluwer's software solutions for the Community Reinvestment Act (CRA) and fair lending compliance. Through the partnership, Wolters Kluwer will be able to give clients a web-based perfor- mance context mapping for the Home Mortgage Disclosure Act (HMDA), CRA, and compliance. The integrated capabilities will combine Wolters Kluwer's geo- coded data with TRF's program so that customers can create and plot their own assessment areas on the mapping components. Wolters Kluwer hopes that the new enhancements will help financial institutions "visualize their loan and deposit distributions across hundreds of demographics." TEXAS // The 13th largest servicer in the nation, Dallas- based American Home Mortgage Servicing, Inc., has initiated a company-wide re-launch under a new brand: Homeward Residential, Inc. The new brand has been designed to reflect the company's full spectrum of offerings, which now extend beyond servicing to include loan settlement services, home valuation, property management, asset management for real estate owned properties, and correspondent and warehouse lending. "The name represents our understanding that homeownership is not a one- time event, but an ongoing journey," stated Rick Gillespie, Homeward's chief marketing officer, with the company's announcement. Homeward's CEO, David Applegate, began expanding the company's suite of offerings when he took his position in November 2010. "We're pleased with our will help financial institutions "visualize their loan and deposit distributions across hundreds of demographics." Heather Czermak, general manager of Wolters Kluwer's consumer compliance and financial crime control divi- sions, stated, "By partnering with TRF and its PolicyMap applica- tion, Wolters Kluwer Financial Services has demonstrated our continued commitment to strengthening our CRA and munity development finance, TRF has long recognized the value of reliable geographic market data," added Don Hinkle- Brown, president of TRF. "This work with Wolters Kluwer Financial Services represents a unique opportunity to embed this kind of information into the CRA work of lending institu- tions across the country." requirements and prove it to the regulators." "As a national leader in com- progress in becoming a full- service mortgage banking enterprise and the partnerships we are building in providing lending, servicing, and a variety of other home finance-related services," Applegate stated with the Homeward's announcement. Homeward's current servicing portfolio includes about 373,117 loans totaling approximately $75 billion. Having developed its ware- house and correspondent lending services last summer, Homeward expects to continue to expand these enterprises throughout the remainder of this year. THE M REPORT | 57 ORIGINATION SERVICING ANALYTICS SECONDARY MARKET

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