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CRFS REAL WORLD CASE STUDY 2021-03 HUD CLAIMS AUDIT SERVICES Client:                  Several mid-sized mortgage servicers   Challenge:           During 2021, several CRFS clients received notice from HUD regarding an upcoming claims audit for FHA loans. Since there is typically a lengthy gap between HUD… Read more »

In addition to being the Breakfast Sponsor (most important meal of the day!) for next week’s Five Star Conference and Expo in Dallas, CRFS will also be attending the MBA Annual Convention and Expo 2021 in San Diego from October 17-20.  The team is also looking forward to serving as the Technology Sponsor at the… Read more »

CRFS is pleased to announce the promotion of Audrey Cady from Accounting Manager to Corporate Controller.   Notes CRFS President Steve Mowers, “Audrey’s talent, experience and dedication have been apparent since she joined CRFS in 2020, so we’re delighted to be able to recognize her success with this opportunity.” As Corporate Controller, Audrey is responsible for… Read more »

CRFS is pleased to announce that it has promoted industry veteran and current Operations Manager Stacy Newell to Director of Operations.  In her new role Stacy has operational responsibility for all clients and claim types including FHA, VA, USDA, MI, GSE and Private Investor, and is a member of the company’s Executive Team.  “We couldn’t… Read more »

The Bureau of Consumer Financial Protection (CFPB) today issued its final rule to amend Regulation X to assist mortgage borrowers affected by the COVID-19 emergency. Effective August 31, 2021, the final rule establishes temporarily procedural safeguards to help ensure that borrowers have a meaningful opportunity to be reviewed for loss mitigation before the servicer can… Read more »

CRFS REAL WORLD CASE STUDY 2021-02 ACQUIRED PORTFOLIO CLAIM STATUS PROJECT   Client:           Large non-bank mortgage servicer   Challenge:   In late 2019 our client acquired a third-party mortgage servicer and encountered sizable challenges identifying the status of the defaulted loans portion of the portfolio and whether they were eligible for claim filing. Our client was concerned… Read more »

CRFS is being featured as the Most Valuable Company in the May issue of DS News.  We’re delighted to be this month’s “MVC,” and are grateful to DS News for the opportunity to showcase the important work CRFS is completing for our clients as the industry continues to move closer to a more normal environment. … Read more »

CRFS is live and ready for action as a proud Exhibitor at this year’s MBA Spring Conference and Expo that opened today.  We’re looking forward to sharing with our clients and partners all the exciting news on the innovative products and services we’ll be rolling out over the course of 2021.  A few of these… Read more »

The CRFS team is pleased to announce that we will be an exhibitor at the upcoming MBA Spring Conference and Expo to be held virtually from April 20-22.  Offered via MBA LIVE, an interactive virtual conference experience, you will hear from an unparalleled lineup of speakers on the Main Stage, dive deep into your specialty… Read more »

CRFS announced today that it has hired industry veteran Ryan Lasal to take on the newly established role of Director of Innovation.  In that role, Lasal will be responsible for developing, facilitating and implementing new ideas and innovative strategies within CRFS’ business model that will position the company for success in the rapidly changing mortgage… Read more »