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 …

We Empower: 2 Decades of Excellence

Our We Empower series explores the many ways Cornerstone Servicing team members make a positive difference in the lives of people we serve. Eva Moody, a committed quality evaluator within our Business Controls team, has been a friendly face at Cornerstone for an impressive 20 years. In this edition, we delve into Eva’s role, her reflections on Cornerstone’s culture, and more. How …

Let’s Meet at MBA’s 2024 Servicing Solutions Conference & Expo

Will you be in Orlando February 20-23 for the Mortgage Bankers Association’s Servicing Solutions Conference & Expo? The Cornerstone Servicing team would love to connect, share servicing best practices, and brainstorm ways we can help your organization improve customer satisfaction, performance, and retention across its servicing portfolio. Let’s meet! Subservicing you can bank on. As a subservicing partner, Cornerstone Servicing …

Pioneering Data: Innovate, Transform, Improve, Repeat

Our We Empower series explores the many ways Cornerstone Servicing team members make a positive difference in the lives of people we serve. In this edition, Patrick Garcia of our Data & Analytics team shares a few ways our culture and drive to do things differently are shaping the experiences we create for homeowners and our subservicing clients. How is your team …

Toby Wells to Talk Servicing Strategy at L1 Summit

Panel to discuss ‘The New Capital Markets Landscape, Servicing and How To Manage Changes’ on March 5 in Los Angeles January 23, 2024 | Toby Wells, President of Cornerstone Servicing, will delve into today’s capital markets landscape and implications for the mortgage industry in an insightful panel discussion at the 2024 L1 Summit, which runs from March 3-6 in Los …