Tag Archives: Inc

RoundPoint Mortgage Servicing Corporation gained spot number 2,386 on Inc. magazine’s 38th annual Inc. 5000 list, a ranking of the nation's fastest-growing private companies. RoundPoint joins the rank of other companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, and Zillow who all gained national exposure as honorees of the Inc. 5000 list.

The mortgage industry has taken a big step toward diversification thanks to one its largest professional groups. On Wednesday, the Federation of REO Certified Experts—or FORCE, for short—announced the launch of its Diversity Council, a team dedicated to embracing and encouraging diversity in the REO, default servicing, and mortgage industries at large. The council will consist of six unique committees: Latino Professionals in FORCE, Asian Professionals in FORCE, Black Professionals in FORCE, Women Professionals in FORCE, LGBT Professionals in FORCE, and Veteran Professionals in FORCE.

Once the fourth-largest investment bank, Lehman Brothers Holdings Inc. was hit hard by the subprime mortgage crisis and filed bankruptcy in 2008. According to the Wall Street Journal, the company is making headlines again by filing suit against three financial institutions—Syncora Holdings Ltd., U.S. Bancorp, and GreenPoint Mortgage Funding, Inc.—in an attempt to disallow “duplicate” claims emerging from crisis-era loans.