Wednesday, 13 November, 2019

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The Industry Pulse: Honoring Veterans and Awarding Excellence


veteransThe Carrington Charitable Foundation held its 9th Annual Golf Classic benefitting CCF’s Signature Programs that support post 9/11 combat wounded American Veterans on October 14, 2019, at The Resort at Pelican Hill in Newport Coast, California. The event raised more than $1.8 million for its initiatives that enable Mobility, Stability, Purpose and Prosperity for U.S. servicemen and women returning from post-9/11 battlefields. CCF is the nonprofit organization of The Carrington Companies. More than 260 golfers participated and the event culminated in a dinner and auction attended by more than 500 people – the largest attendance in the event’s nine-year history.

“It is a tremendous honor for us to organize this event each year, and we are grateful that so many donors, partners, friends and families have joined us in this worthy cause,” said Rosemary Rose, Chairman, Carrington Charitable Foundation. “It is a privilege to continue to support and expand the CCF programs that help the Veterans and their families who have sacrificed so much while protecting our freedom.”

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Potestivo & Associates, P.C., a legal services provider to the default servicing industry, has been selected for the seventh year in a row as one of “The Best and Brightest Companies to Work For” in the Metro Detroit area for the 2019 state-wide competition.

The firm will be honored at an upcoming ceremony, where a representative from the firm will accept the award.

“We are very proud to once again be named among the Best & Brightest Companies. It is truly an honor to be the recipient of this award for the seventh year in a row. This award recognizes the high standard that we set for ourselves, to create and maintain a positive work environment,” President and Managing Attorney, Brian Potestivo.

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Black Knight, Inc. recently announced the launch of its Regulatory Assist solution. Regulatory Assist, which integrates directly with the Black Knight Empower loan origination system is designed to help clients streamline the compliance-testing process and make compliance validation easier and quicker.

Regulatory Assist is a centralized rules engine that enables clients to more easily and quickly perform a broad scope of both state and federal loan-level compliance validation tests. Using this new solution, clients will be able to run “lights-out” validations based on the client’s configuration, with no manual intervention by leveraging the Empower Orchestration Engine, or run specific regulatory tests from a “Quick Select” screen.

The integration of Regulatory Assist with Empower incorporates client compliance testing directly into the origination workflow to create real-time tasks and loan conditions.

Regulatory Assist displays an overall risk level and other important messages to assist clients with understanding test results. The solution alerts the lender when actions may be required and supports on-the-go issue remediation.