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 …
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 …
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 …
Join Cornerstone Servicing at the Summer MSR Forum in Dallas!
Cornerstone Servicing is gearing up for IMN Summer Residential Mortgage Servicing Rights (MSR) Forum, held June 25-26 in Dallas, Texas. In addition to participating as a sponsor and exhibitor, one of our senior leaders will delve into hot topics for the MSR industry as a session moderator and panelist. Stop by our booth Find Cornerstone Servicing in the exhibit hall …
See you at MBA’s Secondary & Capital Markets Conference in NYC?
Cornerstone Servicing is gearing up for the Mortgage Bankers Association’s Secondary and Capital Markets Conference & Expo in New York City, which runs from May 19-22, 2024. We’re excited to set up shop in The HUB Expo and hope to see you there! Our President Toby Wells will be there alongside Jesse Roth, head of Business Development, Walt Kieschnick, head of our Default …
Dana Abernathy, CMB, Honored With Prestigious Herschel Greer Memorial Award
The Nashville Mortgage Bankers Association (NMBA) recently honored Cornerstone Servicing’s Dana Abernathy, CMB, with its elite Herschel Greer Memorial Award. This distinction is the highest honor the NMBA can bestow on any member, with only 12 recipients throughout its history. Dana is the first to receive this award since 2002. We are tremendously proud of her many accomplishments and grateful …
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 …
Stacy Speas Honored Among ‘Women of Inspiration’ in the Mortgage Industry
The honor recognizes Stacy as an impactful leader, fervent advocate for others, and catalyst for innovation in the evolving mortgage industry. We are proud of her ongoing transformative impact on Cornerstone Servicing, which touches every homeowner and lending organization we serve. Asked about her personal mantra, Stacy shared: “Throughout my career, my guiding philosophy has been ‘all work is work …