The Industry Pulse: Providers and Firms Announce Additions

first_img Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly,, Dallas Observer, Edible, and the Dallas Morning News, among others.  Print This Post The Industry Pulse: Providers and Firms Announce Additions Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Headlines, News Home / Daily Dose / The Industry Pulse: Providers and Firms Announce Additions The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago BSI Financial Services, a mortgage-centric financial services company, announced today that it has hired Michael Bugbee as VP of Client Success. He will lead the company’s broader strategy to better align the delivery of its robust and client-centric focus with the expanding needs of BSI’s growing primary and specialty servicer client base.”Michael’s depth of knowledge and expertise in the agency and specialty servicing space is consistent with our core value of providing a world-class client experience,” said Allen Price, SVP of sales and marketing at BSI Financial. “We’re excited to have Michael join the BSI team.” April 9, 2021 1,459 Views Servicers Navigate the Post-Pandemic World 2 days agocenter_img About Author: Christina Hughes Babb The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago “It is exciting to grow our leadership team as we continue to focus on our primary and specialty servicing clients,” Lawrence said.Bugbee replaces Mike Whitfield, who will transition into a senior project management role to focus on several key initiatives throughout the company. To ensure client success continuity and a smooth transition, Whitfield will continue to work with Bugbee over the next several weeks.With nearly 20 years of experience, Bugbee worked for more than a decade at Mr. Cooper/Nationstar Mortgage, where he held a variety of roles but more recently leading a team of client managers responsible for portfolios totaling 300,000 units with a UPB of $86 billion. Before that, he worked for over seven years at Freddie Mac as a portfolio manager.”I’m delighted to lead BSI’s client success delivery model and look forward to further enhancing the client management experience,” Bugbee said. “I believe my mortgage background in operations, client and portfolio management makes me well suited for this critical role.”_____________________________________________________________________________________Codilis & Associates, P.C. (C&A), an end-to-end creditors’ rights and real estate law firm established to serve the needs of mortgage lenders and servicers, is pleased to announce the addition of Michael Anselmo as Managing Attorney of Real Estate.Prior to joining Codilis, Anselmo was an attorney with the Illinois office of Diaz Anselmo & Associates P.A., a multi-state creditor’s rights firm, and brings with him nine years of default servicing experience. Anselmo practices in the areas of real estate law, including REO closings and title. In his new role, Anselmo will serve as Managing Attorney of Real Estate out of the Burr Ridge, Illinois, office location of the Codilis Family of Firms.On joining the Codilis Family of Firms, Anselmo stated, “I am extremely pleased to be joining a firm with such a resoundingly positive reputation, and for having the opportunity to take part in this dynamic teams’ solidarity. I look forward to incorporating my experience to only enhance Codilis’ real estate department’s successes.”Adam Codilis, President of Codilis & Associates, P.C., stated, “Michael will make a great addition to the Codilis team with his fresh perspectives and established industry know-how—we know he’ll become an asset to the Codilis firms, and we’re excited to add him to our ranks.”____________________________________________________________________________________Mortgage Connect LP, a national mortgage services provider for the nation’s largest financial institutions, investors, servicers, and GSEs, announced Ian Morgan as Chief Information Security Officer. Morgan comes to Mortgage Connect with a robust amount of mortgage and financial services experience. With over 24 years’ experience working in Information Technology, Morgan brings diverse and unique expertise to the company.“Ian’s extensive knowledge coupled with his ‘roll your sleeves up and jump in mentality’ makes him a perfect fit for our organization,” said Gabe Minton, EVP, Chief Information Officer, Mortgage Connect. “Ian believes value is achieved through meaningful interaction with others and promoting leadership by example.”Morgan comes to Mortgage Connect from Covius Holdings, where he served as Chief Information Security Officer. He brings a differentiating resume in I.T., focused on a diverse mixture of network and system engineering, systems administration, development, and architecting secure information systems.Morgan embraces the ever-changing world of technology, consistently working to stay ahead of the curve. He holds CISSP and CSSLP certifications from ISC2, along with other notable certifications including ITIL, MCSE, CCNA, AWS Foundations and is a certified Scrum Master. Morgan, who has a B.S. in Business Administration and an M.S. in Information Technology Management with Cybersecurity Specialty from Colorado State University. He is also a United States Marine Corps Veteran. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: BSI Financial’s New VP of Client Success Next: The Importance of Single-Family Green Mortgage-Backed Securities Sign up for DS News Daily 2021-04-09 Christina Hughes Babb Related Articles Subscribelast_img read more

South African innovation agency invests R300m

first_img13 November 2015The Technology Innovation Agency (TIA) invested in 17 new projects in the 2014/2015 year, according to the organisation’s first annual report. Cash dispersed in project and programme related funding amounted to R371-million over the year.The agency published its report on 6 November at the Council for Scientific and Industrial Research in Pretoria; it is planning regionally launches in Durban on 18 November and on 19 November in Cape Town.The strategyBoard chairperson of the Technology Innovation Agency, Khungeka Njobe. (Image: Technology Innovation Agency)The strategy adopted by the board for the period 2015 to 2020 emphasized its funding focus in the early parts of the innovation value chain – in particular technology development and pre-commercialisation activities – remained as is, said board chairperson Khungeka Njobe.“Our goal is to ensure that innovation ideas can be shaped into viable technology development projects and that we de-risk the technology innovations for commercialisation funding by our partners,” she said. “To achieve these aims, we have established the following funding mechanisms – the Seed Fund, the Technology Development Fund and the Commercialisation Support Fund.”The TIA looks for investment opportunities in sectors such as mining, health biotechnology, advanced manufacturing, industrial biotechnology, energy, and agricultural biotechnology.Year on year performanceThe graphic shows the various streams where the TIA money is spent. (Image: Technology Innovation Agency)The Parliamentary grant to the TIA decreased by 30%, or R143-million, in the period under review, to R338-million, from R481-million in the previous year. Specific contracted agreements recognised as income in 2014/15 amounted to R51- million, a drop of 18% over the previous year’s amount of R62-million.Other income increased 225% to R83-million, from R26-million in the 2013/14 year. A significant amount of R59-million represented the profit on the sale of an equity investment in an associate company. The TIA’s financial year runs from April to March.Of the amount spent, R371-million, a 4% increase, was for project grants and R15.9-million represented loans. The board said it was satisfied with the performance of the organisation against the predetermined performance objectives and targets, having reached 73%.“We expect that these projects will soon feed into the TIA mainstream Technology Development Fund,” read the report. “A total of 38 innovative products were developed through support provided by the Technology Platforms; eight technologies reached demonstration stage (TRL 7) and six were taken up by the market.”Barlow Manilal, the chief executive officer of the Technology Innovation Agency.(Image: Technology Innovation Agency)Barlow Manilal, the chief executive officer of the TIA, was positive about this year’s report. “We are now well-positioned to continue, in an accelerated manner, with the numerous impressive projects contained in the annual report.“There are also significant process improvements to augment governance and the control environment so that the clean audit achieved in the period under review becomes the organisational standard,” he said.“Strategic partnerships, collaboration, high yield synergistic relationships, both nationally, on the African continent and further afield, will be a key focus as we play a role to position South Africa for greater localisation and beneficiation in support of the National Development Plan goals.”He added that the agency’s five-year strategic plan had been approved and this would guide the organisation forward.The TIA is a statutory body. Its vision is to be a world-class, leading technology innovation agency that stimulates and supports technological innovation to improve quality of life for all South Africans. This is in line with South Africa’s National Development Plan for skills development, to ensure a skilled and capable workforce to support an inclusive growth path.According to the agency, it primarily uses South Africa’s science and technology base to develop new industries, create sustainable jobs and help to diversify the economy. It invests in advanced manufacturing, agriculture, industrial biotechnology, health, mining, energy and information and communications technology.More information on the TIA’s funding guidelines can be found reporterlast_img read more

Will bring back M.P. man from Pakistan: Kamal Nath

first_imgMadhya Pradesh Chief Minister Kamal Nath on Wednesday said the State government would make its best efforts to help bring back a man from Khandwa district detained in Pakistan for allegedly spying on a nuclear enrichment facility there.“We direct officials to visit the family of Raju Lakshman Bheel of Indhawadi village of Khandwa district,” Mr. Nath tweeted.On August 1, Pakistani police told presspersons of the arrest of Lakshman the previous day in the town of Dera Ghazi Khan in Punjab province, 400 km from Lahore, while he was entering the district from Balochistan province. Balochistan, which is out of bounds for foreign nationals as it has some “sensitive installations”, is the district from which Pakistan had previously claimed to have arrested former Indian Naval officer Kulbhushan Jadhav. “The State government will apprise the Ministry of External Affairs of the missing person’s presence in Pakistan and will try all its means to bring him back to India,” said Mr. Nath.Pakistani media had quoted the police as saying that Mr. Lakshman had “admitted” he was a spy. He was later taken to an undisclosed location for investigation.On Monday, Mr. Lakshman’s mother, Basanta Bai, had claimed that her elder son, a class 5 dropout, was mentally ill and had been missing for three months. “The man being shown in photographs as an Indian spy is my elder son Raju. I appeal to Prime Minister Narendra Modi to bring back my son from Pakistan.”The district administration said it had reached out to the family of five, including Mr. Lakshman’s two siblings. “We have taken his ailing mother to a hospital,” Khandwa Collector Tanvi Sundriyal told The Hindu. “At this point, we have no means to ascertain whether Mr. Lakshman is mentally ill or not,” she added.Meanwhile, The Ministry of External Affairs (MEA) on August 1 claimed Pakistan had not informed them on the “unverified reports” regarding the arrest of an alleged Indian spy. “We don’t react to unverified media reports. We are yet to hear from Pakistan on this,” MEA spokesman Raveesh Kumar had said.Earlier, a youth each from Dindori district and Seoni district were found to be lodged in Pakistani jails. This year, Anil Kumar Saket, missing from Rewa district since January 2015, was traced to a jail in Lahore.last_img read more