Fitch Assigns Cornerstone Servicing Home Equity/HELOC and Second Lien Servicer Ratings; Affirms U.S. Primary Prime Servicer Rating

(Englewood, CO – July 2024) Fitch Ratings has assigned Cornerstone Servicing, a leading residential loan subservicer and division of Cornerstone Capital Bank, SSB, the U.S. primary home equity/HELOC servicer and second lien specialty servicer ratings of RPS3 with a Stable Rating Outlook. In addition, Fitch affirmed the company’s U.S. primary prime servicer rating of RPS3, revising its Rating Outlook to …

The Mortgage Note Features Cornerstone Servicing’s Toby Wells on Retention

March 13, 2024 | The Mortgage Note recently talked to Cornerstone Servicing President Toby Wells about challenges consumers face in today’s economic environment and how a third party subservicer can help lenders best support and retain their home lending customers. While mortgage industry leaders hope for improvements after a tough year in 2023, Toby noted, there are also concerns about …

Meet Cornerstone Servicing at IMB 24

January 2, 2024 | As we kick off what promises to be a busy and fruitful new year, we’re getting ready for MBA’s Independent Mortgage Bankers Conference (IMB 24), January 22-24 at the Sheraton New Orleans. We are thrilled to support the conference as a sponsor and look forward to reconnecting with friends and colleagues in the exhibit hall. Hope …

Culture, Tech and Risk Management in Today’s Regulatory Landscape

MortgagePoint Magazine Highlights Insight from Cornerstone Servicing President Toby Wells August 13, 2023 | MortgagePoint Magazine featured perspectives from Toby Wells, president of Cornerstone Servicing, on how a subservicer can best support lending organizations in today’s rapidly changing regulatory environment.   “Servicers need to have the best people, technologies and practices in place to proactively manage risk—but also a culture …

Connect With Cornerstone Servicing at These Fall 2023 Mortgage Industry Conferences

August 15, 2023 | Attending any mortgage industry conferences this fall? We’d love to meet with you and brainstorm ways our leading mortgage servicing solutions can be tailored to the unique needs of your organization and home lending customers. As a subservicing partner, Cornerstone Servicing helps lenders and investors of all shapes and sizes achieve business goals responsibly, from boosting …