HousingWire quotes Toby Wells on rising insurance costs—and how our industry can step up Across the country, homeowners are facing mounting financial pressure as insurance premiums continue to rise. For many, it’s not just an added expense—it’s a direct threat to their ability to afford their monthly mortgage payment. HousingWire turned to Toby Wells, President of Cornerstone Servicing, for perspective …
Cornerstone Servicing’s Mark Kelbaugh Named 2025 HousingWire Insider
We’re proud to announce that Mark Kelbaugh, Vice President of Special Loans at Cornerstone Servicing, has been named a 2025 HousingWire Insider. This award honors operational leaders whose strategic thinking, execution, and innovation drive the housing industry forward—and Mark embodies that excellence. Mark’s leadership drives continuous evolution amid growing demand for non-conventional products—including HELOC, home equity investment (HEI), closed-end second …
The Mortgage Note Taps Toby Wells for Solutions to Rising Insurance Costs
How Servicers Can Help With home insurance premiums on the rise across the country, more homeowners are asking: Am I fully covered — and what can I do if my rates go up? Toby Wells, President of Cornerstone Servicing, recently joined reporter Kim Haas on The Mortgage Note podcast to unpack how mortgage servicers can play a key role in helping homeowners navigate …
The End of VASP and What Comes Next for Veterans
Cornerstone’s SVP of Default speaks with MarketWatch In a recent MarketWatch article, Cornerstone Servicing’s Senior Vice President of Default, Walt Kieschnick, shared his insights on the impact of the recently discontinued Veterans Affairs Servicing Purchase (VASP) program—an initiative designed to help VA borrowers avoid foreclosure through significantly reduced monthly payments. The piece outlines how VASP allowed the VA to purchase loans from servicers and …
Cornerstone Servicing Recognized By S&P Global Ratings With Primary Servicer Ranking
November 2024 — Cornerstone Servicing, a leading residential loan subservicer and division of Cornerstone Capital Bank, SSB, has been assigned a Residential Mortgage Loan Primary Servicer Ranking of average from S&P Global Ratings with a stable ratings outlook. The ranking reflects the company’s robust technology platform, track record of superior service, and commitment to excellence across its performing and default …
Toby Wells to Speak at IMN’s MSR Forum on November 21, 2024
Cornerstone Servicing is revved up for the 10th annual IMN Residential Mortgage Servicing Rights Forum (East), held November 21-22 in Brooklyn, NY. We are excited to participate as a sponsor and exhibitor again in 2024! In addition, Cornerstone Servicing President Toby Wells will contribute insight to a panel discussion about “in vogue” products and servicing best practices. Catch Toby’s conference …
Cornerstone Servicing Expands Leadership Team to Drive Growth
(Englewood, CO – September 2024) Cornerstone Servicing is pleased to announce the recent appointments of Jesse Roth and Candence Peters to key roles within the company, as part of the strategic expansion and diversification of its subservicing business, which is built to deliver a superior life-of-the-loan experience through its customer-centric approach and industry-leading technology platform. Senior Vice President Jesse Roth …
Meet with Cornerstone at the HEI and Home Equity Capital Markets Forum!
Cornerstone Servicing is excited to sponsor IMN’s HEI & Home Equity Capital Markets Forum, held September 5-6, 2024, in Austin, Texas. In addition to participating as a sponsor and exhibitor, our Senior Vice President Jesse Roth will join a panel discussion about a variety of servicing challenges and considerations specific to home equity products. Meet our people Stop by the …
Toby Wells on Helping Homeowners Under Financial Pressure
Toby Wells, President of Cornerstone Servicing, was featured in an article by The Mortgage Note that explores ways servicers can help the growing number of homeowners impacted by continued inflation and other economic stressors as a potential recession looms. Wells shared that as a servicer, our first step is to establish positive relationships with homeowners as soon as we begin …
Cornerstone Servicing’s Janet Martin Named 2024 HousingWire Insider
We are thrilled to announce that Janet Martin, Vice President of Digital Solutions and Communications Management at Cornerstone Servicing, has been selected as a 2024 HW Insider. This prestigious honor recognizes operational all-stars in the housing industry, and we are proud Janet is among them! “I’m honored to be named a HousingWire Insider. This recognition is a testament to our …