Novad Management

CFPB Bans Novad From Reverse Mortgage Servicing

CFPB Has Banned Novad Consulting From Servicing Reverse Mortgages For Failing To Properly Communicate With Mortgage Borrowers The CFPB has banned Novad Consulting from servicing reverse mortgages. HUD and CFPB had first ordered the company to stop illegal activities that harmed older homeowners. The CFPB found that NOVAD Management Consulting had inadequate resources and staffing […]

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Novad Management In Gambit To Keep HECM Contract With HUD

Novad Management Consulting Files Protest In Desperate Gambit To Keep HECM Contract With HUD Novad Management Consulting has held HUD’s HECM Assets contract since 2014. Unfortunately for them, Celink was awarded the contract to provide servicing for HECM loans earlier this year. However, Novad has filed a protest against the award of Compu-Link Corporation (Celink) […]

novad management

Novad Management Consulting Is Still Jerking Seniors Around

Is Novad Management Consulting Jerking You Around? MFI-Miami Can Help You! Call 888.737.6344 Is Reverse Mortgage servicer Novad Management Consulting jerking people around again? It certainly looks that way and it’s only getting worse.  Whatever is going on in at Novad Management Consulting or the mind of it’s CEO Devon Kelly is unknown. It appears […]

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Are Novad Management Consulting CEO Davon Kelly And His Staff MIA?

Novad Management Consulting CEO Davon Kelly And His Staff Appear To Be Missing In Action The inept leadership of Novad Management Consulting CEO Davon Kelly is amazing. I have never seen a more ineptly ran mortgage servicer in my 25 years in mortgage lending. Kelly is either an incompetent CEO, or he is missing in […]

Novad Management Consulting

Novad Management Consulting: Worst Reverse Mortgage Servicer Ever!

FHA Reverse Mortgage Servicer Novad Management Consulting Named Worst Mortgage Servicer Ever! The other day I wrote that Tom Lennon’s reverse mortgage case is the craziest case I have had in 13 years. It’s also the first time I have had to deal with Novad Management Consulting. Novad Management Consulting is one of the most […]

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