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Novad Management Consulting

Novad Management

CFPB Bans Novad From Reverse Mortgage Servicing

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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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CFPB Bans Novad From Reverse Mortgage Servicing Read Post »

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Novad Management In Gambit To Keep HECM Contract With HUD

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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)

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Novad Management In Gambit To Keep HECM Contract With HUD Read Post »

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