Tag: Illinois Business

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (DMI), a leading mortgage subservicing company, announced today that Rivermark Community Credit Union has expanded its partnership with DMI. Under this expanded relationship, Dovenmuehle will provide subservicing for Rivermark's growing portfolio of mortgage loans, supporting the credit union's expanding membership base and ensuring an exceptional servicing experience for members.

Mortgage and Finance News: (CHICAGO, Ill.) Ascribe, a leading provider of real estate valuation and inspection services, has been approved as an Associate Member by the Community Bankers Association of Ohio (CBAO).

Mortgage and Finance News: (ARLINGTON HEIGHTS, Ill.) Lutheran Home, part of Lutheran Life Communities, has begun construction on a new state-of-the-art DaVita Dialysis Den on its Arlington Heights campus. The new six-chair facility, built in partnership with DaVita Inc. (NYSE: DVA), will bring life-sustaining kidney care directly to Lutheran Home residents and, later, to the surrounding community.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc., a leading mortgage subservicer, today announced the successful completion of its 2024 Service Organization Control (SOC) 1® Type 2 and SOC 2® Type 2 audits. These independent audits, conducted by the public accounting and business advisory firm Plante Moran, PLLC, affirm Dovenmuehle's adherence to the highest standards for internal controls, data security, and operational effectiveness.

Mortgage and Finance News: (WARRENVILLE, Ill.) Raymond James Financial Services is pleased to announce that Legacy Wealth Advisors has once again been named to the Forbes Best-in-State Wealth Management Teams list for 2025, marking 3 straight years of recognition in this prestigious national ranking.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (DMI), a leading mortgage subservicing company, today announced a partnership with SESLOC Credit Union, a not-for-profit financial cooperative serving central and coastal California communities. Under the agreement, DMI will subservice SESLOC's mortgage loan portfolio, supporting the credit union's expansion into government-sponsored enterprise (GSE) lending and servicing, allowing it to scale mortgage operations efficiently while preserving superior member service.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, today announced that S&P Global Ratings has assigned the company an Above Average ranking as a residential mortgage loan subordinate lien servicer, in addition to reaffirming its Above Average ranking as a residential mortgage loan primary servicer with a stable outlook.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (DMI), a leading mortgage subservicing company, announced today that Fannie Mae has once again recognized the company with their Servicer Total Achievement and Rewards™ (STAR™) Servicer Award for outstanding servicing performance during the 2024 program year. This honor marks the fourth time Fannie Mae has recognized DMI for servicing excellence.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc., a leader in mortgage subservicing, announced today that it received a Tier 1 Rating from the U.S. Department of Housing and Urban Development (HUD). This rating was awarded for Dovenmuehle's Federal Housing Administration (FHA) servicing performance under HUD's Tier Ranking System II (TRS II).

Mortgage and Finance News: (CHICAGO, Ill.) The annual American Academy Matrimonial Lawyers, AAML, meeting is set to take place in Chicago, IL on November 6-9, 2024. Ronique Bastine Robinson, founder of Bastine Law Group based in Stafford, Texas, will moderate a panel discussion with both sports agents, consultants, and family law attorneys.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that HousingWire has selected Ron Malik, Senior Vice President of Default Servicing as a 2024 Vanguard winner. This prestigious award recognizes executives in the housing economy for their outstanding leadership.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Vice President of the Escrow Department Patricia McCarthy was selected by HousingWire magazine for its annual Insiders awards program.

Mortgage and Finance News: (ARLINGTON HEIGHTS, Ill.) Lutheran Life Communities, a non-profit senior living and services organization, announces the expansion of two of its 62+ senior living campuses with the planned development of up to 24 new cottage homes. The new cottages will be built at Pleasant View in Ottawa, Illinois and Wittenberg Village in Crown Point, Indiana. The cottages at these two entrance fee communities are designed for modern living and long-term peace of mind.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Vice President Bernadette McDonnell has been selected by Mortgage Women Magazine for its 2024 Mortgage Star Award. McDonnell was chosen for her significant contributions to the industry and dedication to Dovenmuehle over the past four decades.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Standard & Poor's Global Ratings (S&P) has affirmed its Above Average ranking of Dovenmuehle as a residential mortgage loan primary servicer with a stable outlook. For 13 consecutive years, Dovenmuehle has consistently received an Above Average ranking from S&P.

Mortgage and Finance News: (CHICAGO, Ill.) Financial mogul-turned-producer, Michelle Renee, is making waves in the entertainment industry with the recent launch of the innovative reality show, "First Ladies of The Crypto Cartel," a groundbreaking series spotlighting five stylish, tech-savvy women based in Chicago and Atlanta as they build digital dynasties. Produced by Money Gossip Productions.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading residential mortgage subservicer, announced two promotions within its business development team - Anna Krogh to Senior Vice President and Director of Business Development and Chris Torres to Vice President of Business Development and Manager of the Western Region.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading residential mortgage subservicer, announced today that it has hired Aaron Belovsky as Chief Data Officer (CDO). In this role, Belovsky will lead data governance, data engineering and machine learning strategies.

Mortgage and Finance News: (WARRENVILLE, Ill.) Raymond James Financial Services is proud to announce that Fernando S. Ereneta of Legacy Wealth Advisors has once again been named to the Forbes Best-in-State Wealth Advisor list for 2024! The recently released list recognizes advisors and practices on a state-by-state basis from national, regional and independent firms.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading residential mortgage subservicer, announced today that Moody's Investors Service ("Moody's") has affirmed its servicer quality (SQ) assessment as a servicer of prime residential mortgage loans at SQ2-. Moody's assessment underscores Dovenmuehle's exceptional capabilities across various key areas of mortgage servicing.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc., a leading mortgage subservicing company, announced today that Plante Moran, PLLC, a public accounting and business advisory firm, has published the findings of its annual review of Dovenmuehle's subservicing operations via Service Organization Control (SOC) 1® Type 2 and SOC 2® Type 2 reports.

Mortgage and Finance News: (WARRENVILLE, Ill.) Raymond James Financial Services is proud to announce that Legacy Wealth Advisors has been named to the 2nd annual Forbes Best-in-State Wealth Management Teams list* for 2024! Legacy Wealth is a diverse team that includes Financial Advisors Fernando Ereneta, Justin Ancona, and Jennifer Secola.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that it has released two new features that provide transparency and improve communication through the company's borrower-facing web and mobile applications.

Mortgage and Finance News: (LA GRANGE, Ill.) LTC News, a premier online destination for news and information on aging, caregiving, health, long-term care and retirement planning, announces the launch of an extensive online long-term care directory. This new resource connects individuals and families to a host of quality long-term care providers across the country.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Robert Howerton has joined the organization as Chief Information Officer. In this role, his responsibilities include maintaining and expanding Dovenmuehle's current information technology (IT) infrastructure.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Flanagan State Bank, a community bank headquartered in central Illinois, has selected Dovenmuehle to subservice its mortgage loan portfolio and deliver enhanced service to the bank's mortgage customers.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that Vice President and Manager of Special Loans and Commercial Servicing Iris Tredway has been selected by HousingWire magazine for its annual Insiders awards program.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced that it has hired Patricia McCarthy to be the company's new vice president of insurance administration. In this role, McCarthy will oversee Dovenmuehle's insurance department with responsibility for hazard and flood insurance administration, loss drafts, research and the insurance department call center.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that it has appointed Ron Malik as the company's new senior vice president of default servicing. In this role, Malik will oversee Dovenmuehle's special servicing initiatives and maintain a high level of compliance and service satisfaction in all areas of default servicing.

Mortgage and Finance News: (LAKE ZURICH, Ill.) Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, announced today that it has hired Georgeo Pulikkathara as the company's Chief Information Security Officer (CISO). In this role, he will be responsible for the information security at Dovenmuehle, protecting data security and privacy, including borrowers' nonpublic personal information (NPI) and ensuring that Dovenmuehle maintains the appropriate internal systems, organization and information security controls necessary for financial reporting and protecting clients' confidential data.