The Consumer Financial Protection Bureau’s (CFPB's) proposed servicing rules are set to bring significant challenges to mortgage servicers, especially around loss mitigation. These changes could disrupt current operations and introduce new complexities. Our CEO, Donna Schmidt, has penned a detailed analysis on these challenges and why the industry must respond to the CFPB. It will be critical for servicers to engage in the comment process to ensure that changes are made to the final rule. Don't miss out on her practical advice—read the full article on our blog by clicking the link below. #MortgageServicing #CFPB #LossMitigation #Compliance #ServicingRules #DLSInsight
DLS Servicing
Financial Services
Grand Rapids, Michigan 514 followers
Providing technology solutions for calculating mortgage home retention options, training, and internal QC.
About us
Say Hello to Optimized Mortgage Servicing DLS Servicing was founded by seasoned servicing experts to help mortgage servicers overcome their regulatory challenges and maximize returns on delinquent and defaulted loans. We are more than just a mortgage servicing consulting firm. We work collaboratively with your team to overcome hurdles that keep your business from reaching its full potential. No matter how large or small your portfolio, our mission is to empower you with reliable, cost-effective services that perfectly align with your specific needs and budget. Consulting & Training Using our proprietary technology and methodologies, we’ll help you identify inefficiencies and areas for growth, develop strategies to optimize your processes, and train and equip your team to maintain compliance. Loss Mitigation Our customized, compliant strategies empower you to handle virtually any kind of default scenario, from short sales and deed-in-lieu to foreclosure claims and FHA first legal evaluations. Technology Services Gain real-time visibility into your portfolio and data-driven decisions that drive growth and profitability. Our proprietary technology was built to deliver actionable insights that allow you to identify trends, optimize processes, and maximize ROI. WaterfallCalc With our easy-to-use, online WaterfallCalc loss mitigation analysis tool, your team can quickly and accurately evaluate any default scenario and identify the best course of action, regardless of loan type. Our commitment to your success is unmatched. We stay ahead of the curve with the latest rules and regulations and constantly update our systems to ensure your compliance. With DLS Servicing guiding you every step of the way, you can reach your fullest potential. Discover a new era in mortgage servicing by contacting us today. (616) 570-0199 [email protected] www.dls-servicing.com #MortgageServicing #servicingtechnology #LossMitigation #defaultservicing #defaultspecialists #
- Website
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http://www.dls-servicing.com
External link for DLS Servicing
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Grand Rapids, Michigan
- Type
- Public Company
- Founded
- 1995
- Specialties
- Loss Mit Reviews, Default Servicing, Procedure Writing, Audit Review/Response, Outsource Specialists, Short Sale/DIL, Sub-Servicer Oversight/Portfolio Reviews, FC Claims, Staff Education/Training, QC Analysis, WaterfallCalc.com, and Recordable Modification Docs
Locations
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Primary
5025 Plainfield Avenue, NE
Grand Rapids, Michigan 49525, US
Employees at DLS Servicing
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Donna Schmidt
Seasoned Pro in Mortgage Servicing, Compliance & Loss Mitigation | Managing Director of DLS Servicing | Innovative Cofounder of WaterfallCalc
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Sarah Goodwin
Administrative Professional, Digital Creator and Freelance Photographer
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Elaine Lata Olejnik RDH BS CDIPC
Compliance Professional
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Wendy Melinn
Loss Mitigation Review at DLS Servicing Consultants, LLC + WaterfallCalc.com
Updates
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As mortgage servicers navigate the complexities of the VASP program, choosing the right loss mitigation platform is critical. Our loss mitigation platform, WaterfallCalc, ensures compliance and accuracy, helping you avoid the pitfalls of miscalculations. See why our clients choose us for their loss mitigation needs! Reach out today to learn more about our reliable solutions. Message us on LinkedIn or visit waterfallcalc.com to learn more. #LossMitigation #VASP #MortgageServicing
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With the introduction of the VASP program, accurate loss mitigation calculations are crucial. Errors can lead to significant financial and compliance issues. Our loss mitigation system, WaterfallCalc, offers precise and reliable solutions to prevent costly mistakes. Ensure your platform is up to the task. Contact our team at WaterfallCalc to learn how we can safeguard your operations: https://waterfallcalc.com/ #LossMitigation #VASP #MortgageServicing
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We are incredibly proud to announce that our CEO, Donna Schmidt, has been named one of HousingWire's Women of Influence for 2024! This prestigious award recognizes women who are making a significant impact on the housing industry through their leadership, innovation, and dedication. Donna’s commitment to excellence at DLS Servicing and WaterfallCalc has been instrumental in driving our success and shaping industry practices. Her recognition by HousingWire highlights the exceptional leadership and visionary approach she brings to our organization. Congratulations, Donna, on this well-deserved honor. We are proud to have you leading our team and inspiring the next generation of leaders in the housing industry. #WomenOfInfluence #HousingIndustry #HousingWire #MortgageServicing
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DLS Servicing reposted this
In case you missed it, our loss mitigation platform, WaterfallCalc, has been making waves in the latest industry news! WaterfallCalc was recently featured in an article by Mortgage Professional America, highlighting our support for mortgage servicers as they prepare for the FHA Payment Supplement Agreement (PSA) changes. Our comprehensive solutions and cutting-edge technology are designed to help servicers navigate the complexities of the PSA, ensuring compliance and operational efficiency. Read the full article to learn how WaterfallCalc is leading the way in this critical transition! #MortgageServicing #PSA #WaterfallCalc #MortgageIndustry #Fintech #Compliance #OperationalExcellence #LossMit
WaterfallCalc offers support for mortgage servicers ahead of FHA payment change
mpamag.com
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DLS Servicing reposted this
We are thrilled to announce that our loss mitigation platform, WaterfallCalc, is now fully integrated with Freddie Mac's Resolve® system! Resolve® is an advanced decisioning platform designed to automate and streamline loan processes, enabling rapid and rules-based decisions for Freddie Mac loans. What does this mean for our clients? Our integration with Resolve® creates a seamless, automated process. Once set up with WaterfallCalc, clients no longer need to manually enter information into Resolve®. Instead, data entered into WaterfallCalc is directly transmitted to Resolve®, simplifying operations and enhancing efficiency. Here's why using WaterfallCalc offers a significant advantage over going direct to Resolve®: - Integrated Escrow Analysis: Automatically calculates based on the loan being modified, ensuring accuracy that isn't achievable with manual preparation. - Automated Document Transfer: Modified loan terms are automatically transferred to legal documents, eliminating the risk of input errors inherent in manual preparation. - Title Document Ordering: Order title documents with just a click of a button, streamlining the entire process. This integration underscores our commitment to providing cutting-edge solutions that streamline workflows and improve accuracy. We are excited to support our clients through this upgrade and look forward to helping you get integrated and set up with us. Visit WaterfallCalc.com to learn more! #MortgageServicing #FreddieMac #Resolve #WaterfallCalc #LoanAutomation #LoanProcessing #LossMitigation
Efficient Tools for Streamlined Loan Servicing and Loss Mitigation - Streamline Loss Mitigation with WaterfallCalc
https://waterfallcalc.com
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We are thrilled to announce that our loss mitigation platform, WaterfallCalc, is now fully integrated with Freddie Mac's Resolve® system! Resolve® is an advanced decisioning platform designed to automate and streamline loan processes, enabling rapid and rules-based decisions for Freddie Mac loans. What does this mean for our clients? Our integration with Resolve® creates a seamless, automated process. Once set up with WaterfallCalc, clients no longer need to manually enter information into Resolve®. Instead, data entered into WaterfallCalc is directly transmitted to Resolve®, simplifying operations and enhancing efficiency. Here's why using WaterfallCalc offers a significant advantage over going direct to Resolve®: - Integrated Escrow Analysis: Automatically calculates based on the loan being modified, ensuring accuracy that isn't achievable with manual preparation. - Automated Document Transfer: Modified loan terms are automatically transferred to legal documents, eliminating the risk of input errors inherent in manual preparation. - Title Document Ordering: Order title documents with just a click of a button, streamlining the entire process. This integration underscores our commitment to providing cutting-edge solutions that streamline workflows and improve accuracy. We are excited to support our clients through this upgrade and look forward to helping you get integrated and set up with us. Visit WaterfallCalc.com to learn more! #MortgageServicing #FreddieMac #Resolve #WaterfallCalc #LoanAutomation #LoanProcessing #LossMitigation
Efficient Tools for Streamlined Loan Servicing and Loss Mitigation - Streamline Loss Mitigation with WaterfallCalc
https://waterfallcalc.com
-
In case you missed it, our loss mitigation platform, WaterfallCalc, has been making waves in the latest industry news! WaterfallCalc was recently featured in an article by Mortgage Professional America, highlighting our support for mortgage servicers as they prepare for the FHA Payment Supplement Agreement (PSA) changes. Our comprehensive solutions and cutting-edge technology are designed to help servicers navigate the complexities of the PSA, ensuring compliance and operational efficiency. Read the full article to learn how WaterfallCalc is leading the way in this critical transition! #MortgageServicing #PSA #WaterfallCalc #MortgageIndustry #Fintech #Compliance #OperationalExcellence #LossMit
WaterfallCalc offers support for mortgage servicers ahead of FHA payment change
mpamag.com