NCS Approved by Fannie Mae And Announces New Leadership

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first_img The Best Markets For Residential Property Investors 2 days ago About Author: Nicole Casperson Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Fannie Mae HOUSING mortgage Servicing 2017-11-13 Nicole Casperson November 13, 2017 1,127 Views in Featured, Headlines, Journal, News Previous: Matic Insurance and Mr. Cooper Announce $7M Funding Round Next: Search for New York Fed Replacement Intensifies NCS Approved by Fannie Mae And Announces New Leadership Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Home / Featured / NCS Approved by Fannie Mae And Announces New Leadership  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] Demand Propels Home Prices Upward 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago National Credit-reporting System, Inc. (NCS ), a verification solutions provider within the mortgage lending realm, recently announced that it is now an authorized report supplier of 4506-T tax return verification (TRV Services) through the Desktop Underwriter (DU) validation service, a component of Fannie Mae’s Day 1 Certainty.Exclusively available to Fannie Mae customers, Day 1 Certainty is freedom from paper-based processes associated with verification of assets, income, and employment.  At its core, the Day 1 Certainty program provides rep and warrant relief when coupled with a verification by a Fannie Mae approved Day 1 Certainty vendor like NCS.“Participating in Fannie Mae’s Day 1 Certainty program was a key NCS initiative for 2017,” said Curtis Knuth, EVP of NCS. “Lenders are very aware that the profitability of loan origination has tightened this year with the average loan manufacturing cost increasing to $8,887 in 2017 according to the MBA quarterly performance report. NCS solutions are engineered for clients to leverage our strengths in their mitigation of increasing production costs. NCS and our reseller’s growing engagement in the Day 1 Certainty program will continue to bear fruit for our clients in the coming months.”In addition, NCS also recently announced that its Board of Directors have elected Curtis R. Knuth as President and CEO, effective November 1, 2017. Knuth has served as EVP at NCS since 2010. Robert E. Knuth, the company’s founder, will resign from his role as President and CEO and become Chairman of NCS’ Board of Directors.“The Board and I believe that Curt and the Executive Team have positioned the company upon a solid growth plan for the coming years,” said Robert Knuth. “Curt’s ethics and leadership capabilities will serve NCS and our clients very well. I’m quite proud of him.”In his role as EVP, Curtis Knuth has played a critical role in the development of the company’s leadership team. He is also responsible for overseeing key strategic initiatives at NCS and regularly interfaces with government and industry resources for the firm.“My father has been an incredible mentor to me professionally and personally,” said Curtis Knuth. “He has set an ethical leadership example at NCS, has mentored many in our industry and is well known for his humility, determination and thoughtful analysis on tough issues. As I assume leadership of the firm, we’ll work even harder to assist benefit providers in their determination of who they should lend to today, and in the future.” Share Save Tagged with: Fannie Mae HOUSING mortgage Servicing Subscribelast_img

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