Servicing

Intercontinental Exchange, Inc. (NYSE: ICE), a provider of technology and data, announced that United Wholesale Mortgage (UWM) has signed a long-term agreement to license ICE Mortgage Technology’s MSP loan servicing system. Selecting MSP will allow the nation’s largest mortgage lender to bring its servicing operations in-house with a modern, comprehensive solution that streamlines the entire servicing process.

Dark Matter Technologies (Dark Matter®) has expanded into the servicing market with the launch of a Dark Matter servicing platform.

Planet Home Lending, LLC, a national lender and servicer, has earned Fannie Mae’s 2023 Servicer Total Achievement and Rewards (STAR) Program recognition, which acknowledges mortgage servicers for effective, standardized processes that drive performance and operational success.

Mortgage servicers are in dire need of a backup loss mitigation strategy to protect homeowners and their businesses amid the growing number of cyberattacks affecting the financial services industry, says Donna Schmidt, a default servicing expert and founder of WaterfallCalc, a provider of loss mitigation technology for small- and mid-sized mortgage servicers.