The federal government has selected the Reverse Mortgage Solutions core servicing system known as STORM (Servicing Technology on Reverse Mortgages) to fulfill HUD’s Home Equity Conversion Mortgag…
Excerpt from:
HUD Selects RMS Technology to Fulfill HECM Service Provider Contract
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Tags: core-servicing, equity-conversion, federal government, HUD, reverse, Reverse Mortgage, selected-the-reverse, servicing-technology, storm, technology-on-reverse
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He has worked in the financial services and mortgage banking industry since 1976. Prior to joining RMS, Helm spent most of the last decade as Senior Vice President and Manager of Washington Mutual's Loan Servicing Operations Group. ... HUD is not responsible for putting, ?this 82-year-old single woman on the street,? the 82-year-old woman who violated her contract is. I'm not saying that we shouldn't try to prevent this from happening ? it is sad to see happen ? but the ...