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Prior to that, he held senior positions in business development, MSR trading and mortgage banking mergers and acquisitions at Selene Finance, LP, Clayton Holdings, GMAC Rescap, Lehman Brothers and PaineWebber. approaches every customer relationship with the care, diligence, and expertise that we see as the cornerstone of all meaningful relationships.

It is an expectation every MSR owner should be entitled to and deserves.”ĭonatacci joins TMS from Impac Mortgage Holdings Inc. Whether you are looking for a correspondent, servicing or subservicing lender to purchase your conventional, FHA, VA or USDA loans, The Money Source Inc. “The market needs higher quality servicing options that not only provide quality servicing on performing loans at reasonable economics, but that can also deliver strong performance on delinquent loans while maintaining high customer satisfaction levels. “The challenges facing servicers has never been greater as the velocity of the business has accelerated due to record origination and refinance activity as well an ongoing wave of regulatory mandates,” said Donatacci. Every question or request has been met and faced with a positive outlook that the issue will be resolved.“Our top priority is to continue to build on the growth of our subservicing business leveraging technology that raises the bar in the industry for transparency and servicer accountability and to deliver exceptional performance for our clients,” said Stavros Papastavrou, founder and chairman of TMS.

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“We’ve always been able to get help from the ACES Customer Service team with any request large or small. TMS is a legacy free, top 15 Fannie Mae/Freddie Mac Approved Seller/Servicer & Ginnie Mae & HECM Approved. to have a reliable and handy source of information on money and politics. “We are constantly evolving with the system,” Delmolino added. OpenSecrets is the nations premier research and government transparency group.

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Since implementing ACES, The Money Source has continued to find new ways to leverage the system to improve its loan quality, and according to Delmolino, ACES has been there every step of the way to help them harness the full value of the platform. “All aspects of the business – Operations, Risk Committee, Board of Directors, QC and all other departments – now have a clear picture of where we are in terms of loan quality.” “With ACES, we now have the ability to manage everything in-house and improve action planning, increase transparency and ultimately improve loan quality across the board,” Delmolino explained. Quality Control Manager at The Money Sourceīy using ACES to support its in-house QC department, The Money Source was able to rein in QC expenses and regain control over its QC audits. Providing our clients with a clear picture of the income or potential income created by their asset portfolio is an essential aspect of. “ACES has allowed us to become more efficient and confident, and we can now make better data-driven decisions with the robust reporting tools available in ACES.”Ĭharles Delmolino. To increase the value and results derived from its spend on QC, The Money Source began looking for a QC audit platform to support its in-house QC department. This lack of transparency ultimately hampered The Money Source’s ability to discover the origins of its loan defects and take appropriate corrective action. The company currently specializes in the Financial Services area.

“Important information wasn’t getting to the front-lines, and we had minimal transparency using the current process.” is a private company that has been in the industry for 25 years. We had limited ability to report on any of the data provided, which blinded us from any issues that needed resolution,” said Charles Delmolino, quality control manager at The Money Source. “Outsourcing gave us a lack of control overall. Though happy with the quality of audits coming from its outsourced provider, The Money Source chose to take QC internal to gain better oversight over the process. Prior to bringing its quality control (QC) audits in-house, The Money Source outsourced all

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