{"id":23226,"date":"2017-03-07T12:39:06","date_gmt":"2017-03-07T17:39:06","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=23226"},"modified":"2017-03-08T11:30:20","modified_gmt":"2017-03-08T16:30:20","slug":"altavera-extends-mortgage-fulfillment-operations-to-ten-new-states","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/altavera-extends-mortgage-fulfillment-operations-to-ten-new-states\/","title":{"rendered":"Altavera Extends Mortgage Fulfillment Operations to Ten New States"},"content":{"rendered":"

DENVER, Colo., March 7, 2017 (SEND2PRESS NEWSWIRE) — Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, today announced that it has received residential mortgage licensing approval in ten new states, bringing to 36 its total number of state licenses. Altavera\u2019s origination services are newly available in Arkansas, Connecticut, Illinois, Iowa, Kansas, Minnesota, Mississippi, Oklahoma, South Carolina and the District of Columbia.<\/p>\n

\"ALTAVERA
\nThe news follows Computershare\u2019s acquisition of Altavera in May 2016<\/a> and Altavera\u2019s January 2017 announcement<\/a> that it would expand licensing to several additional states to meet growing demand for its private-label mortgage services. Altavera\u2019s customizable, fully SAFE Act-compliant fulfillment solutions include processing and underwriting of conforming, jumbo and non-Qualified Mortgage loans. The company also specializes in closed-loan file review for a variety of loan types.<\/p>\n

For complete and up-to-date information on Altavera\u2019s licensing status, visit http:\/\/altavera.com\/licensing\/<\/a>.<\/p>\n

\u201cFederal and state laws are abundantly clear. Third parties involved in residential mortgage loan fulfillment, which includes contract processing and underwriting, must be licensed to provide those services. At Altavera, we do not take lightly these legal obligations,\u201d said Altavera President Brian Simons, adding that Altavera employs a team of regulatory experts to ensure the company remains compliant.<\/p>\n

\u201cWhen Computershare bought Altavera and Capital Markets Cooperative last May, we emphasized that we would invest in both companies and enable them to build on the success they\u2019d already achieved,\u201d said Nick Oldfield, CEO of Computershare Loan Services, the umbrella brand for all of Computershare\u2019s mortgage servicing businesses. \u201cWe\u2019re really pleased to announce this licensing expansion for Altavera and look forward to further expansion of our services throughout 2017.\u201d<\/p>\n

Typically, both individual mortgage loan originators (MLOs) and companies that engage in mortgage loan origination, including third-party service providers, must hold a license in each state in which they conduct business. Licensing requirements are intended to help borrowers and other purchasers of mortgage origination services verify that their MLO is qualified to conduct mortgage business and has not been convicted of any civil or criminal wrongdoing.<\/p>\n

Lenders can verify the licensing status of their third-party fulfillment vendors by conducting a search of the Nationwide Mortgage Licensing System & Registery (NMLS\u00ae) Consumer Access(SM) database at http:\/\/www.nmlsconsumeraccess.org<\/a>.<\/p>\n

About Altavera:<\/strong>
\nBased in Denver, Colorado, Altavera is a leading provider of outsourced residential mortgage origination services. Altavera\u2019s SAFE Act-compliant staff of seasoned, U.S.-based specialists helps clients streamline operations, minimize costs and achieve faster cycle times for greater customer satisfaction and profitability. The firm\u2019s service delivery is structured to meet each client\u2019s specific needs for loan processing, underwriting, closing and funding.<\/p>\n

For more information, visit http:\/\/altavera.com<\/a>.<\/p>\n

About Computershare Limited:<\/strong>
\nComputershare (ASX:CPU<\/a>) is a global market leader in transfer agency and share registration, employee equity plans, mortgage servicing, proxy solicitation and stakeholder communications. We also specialize in corporate trust, bankruptcy, class action and utility administration, and a range of other diversified financial and governance services.<\/p>\n

Founded in 1978, Computershare is renowned for its expertise in high integrity data management, high volume transaction processing and reconciliations, payments and stakeholder engagement. Many of the world\u2019s leading organizations use us to streamline and maximize the value of relationships with their investors, employees, creditors and customers. Computershare is represented in all major financial markets and has over 16,000 employees worldwide.<\/p>\n

For more information, visit\u00a0https:\/\/www.computershare.com<\/a>.<\/p>\n

About Computershare Loan Services (CLS):<\/strong>
\nComputershare Loan Services (CLS) is a leading international third-party mortgage servicing business, currently administering over $100 billion of assets. We continue to invest in technology and servicing enhancements globally and in mortgage servicing rights across the USA. We help mortgage lenders optimize the performance of their portfolios and support hundreds of thousands of borrowers throughout the lifecycle of every loan. Our expertise, experience and understanding of large volumes of complex financial data also help us provide insight and services to mortgage providers, investors and real estate professionals.<\/p>\n","protected":false},"excerpt":{"rendered":"

DENVER, Colo., March 7, 2017 (SEND2PRESS NEWSWIRE) — Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, today announced that it has received residential mortgage licensing approval in ten new states, bringing to 36 its total number of state licenses. Altavera’s origination services are newly available in Arkansas, Connecticut, Illinois, Iowa, Kansas, Minnesota, Mississippi, Oklahoma, South Carolina and the District of Columbia.<\/p>\n","protected":false},"author":28,"featured_media":23257,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,29,141,38,39,199,99],"tags":[801,8391,8390,205],"class_list":["post-23226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-colorado-news","category-denver-news","category-finance-news","category-mortgage-news","category-new-location-news","category-public-company-news","tag-asxcpu","tag-computershare-limited","tag-computershare-loan-services","tag-depthpr","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":8809,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/23226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=23226"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/23226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/23257"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=23226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=23226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=23226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}