Upcoming Conferences and Events
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Industry News
Persistent Inflation Could Force Future Rate Hikes
The Fed and its new Chair, Kevin Warsh, could find themselves in an increasingly difficult position. The challenge for policymakers is that no one knows how long the conflict in the Middle East will last. The longer the war goes on, the harder it will become for the Fed to dismiss the inflation impact as merely “transitory.”
How Tech Is Shaping the Mortgage Industry
Cutting-edge technologies are reshaping the mortgage lending process in ways you might not have expected. Today, you either adopt these technologies or accept that you're going to fall behind.
Research from management consultants McKinsey & Company reports that around 60 percent of borrowers are open to completing their mortgage application online. The number includes those looking for a new home and those looking to refinance their mortgage. This statistic highlights the need for tech solutions in the mortgage industry.
Selene News
Selene Cares + Borrower Assistance Campaign
Douglas Whittemore, Selene's Chief Strategy and Growth Officer, recently spoke with National Mortgage News on Selene’s strategy to modernize borrower engagement through digital-first experiences designed for how consumers actually behave today.
READ FULL ARTICLE HERE
New Hire Announcement
We are pleased to announce Duwaine Thomas has joined Selene Finance as Senior Vice President, Loan Servicing Administration.
Duwaine’s extensive experience managing servicing and debt settlement organizations across multiple sites, will further strengthen our operating model and reflect our continued focus on clarity, scale, and specialization across the organization. Notably, his background includes credit loss and escrow management, quality assurance and control, servicer and vendor oversight, investor reporting, claims management, customer service and complaints, counterparty risk and MSR valuations, having held numerous senior leadership roles in the industry.
New Hire Announcement
Please join us in welcoming Michael Ehms, the new Vice President of Title Enterprise Sales.
Michael brings more than 25 years of experience across the financial services and mortgage ecosystem, with deep expertise in title, mortgage transaction services, and the full home-lending lifecycle. He has built his career leading consultative sales strategies and delivering tailored solutions that help clients navigate complexity and drive growth.
We’re excited to have Michael join Selene Title and look forward to the perspective, leadership, and momentum he will bring to our continued growth.
Promotion Announcement
We are pleased to announce the promotion of Nick Stanutz to Chief Financial Officer at Selene.
Over the past four years, Nick has served as Senior Vice President, Finance & Treasury, where he has worked to strengthen Selene’s financial performance and support our growth. His deep involvement in our financial strategy positions him to step into the CFO role with continuity and impact from day one. In his new role, Nick will lead Selene’s finance, accounting, and treasury functions, with responsibility for executing our financial strategy and maintaining strong financial controls and governance across the organization.
Conferences
IMN Non-QM Forum
IMN Non-QM Forum is quickly approaching! Hear from top industry executives including Alex Watson, Executive Vice President, Selene Diligence, who will be participating on the Appraisal Fraud and Review Panel: Uncovering collusion and gaps in standards.
If you’re interested in setting up a meeting with our team (June 15-16), please reach out to John Guy at [email protected] or Robert W. McKinley at [email protected].
May 9, 2024
Upcoming Conferences & Events
- MBA National Secondary Market Conference: 5/19-5/20 in New York, NY MBA Conference Registration
- IMN Single Family Rental (East): 5/20-5/22 in Miami, FL IMN Registration
- IMN non-QM Forum: 6/13-6/14 in Dana Point, CA IMN Registration
Selene Celebrates MLK Day
As a company, Selene is committed to combatting social injustice through our internal practices and education programs, partnering with effective local organizations, employee volunteerism and philanthropy. Today, we remember and reflect upon Martin Luther King Jr.’s principals of racial equality and nonviolent social change and encourage everyone to act in their own communities to champion causes important to them.
Where Have Americans Moved After the Pandemic?
Western states topped the outbound migration lists as Americans departed expensive and high cost-of-living areas to head to the southeast and other, more affordable, metropolitan areas with comparative amenities.
Industry News
Demand for Riskier Adjustable Rate Mortgages Hits Highest Level of the Year
When mortgage rates rise, consumers look for any way to lower their monthly payments, and that often leads them to adjustable-rate mortgages.
Industry News
How Financial Services Can Move Past Experimentation with Generative AI
One of the reasons why generative AI is creating such excitement is that it promises to reinvent businesses across all industries, financial services included. But banks and insurance companies have, over many decades and in many areas, remained inefficient.
Charitable Events
Selene is proud to be a Sponsor for the Fisher House Golf Classic supporting Veterans and their families directly through the Fisher House Foundation program dedicated to improving the lives of those who have sacrificed for our freedoms.