Saturday, April 27, 2024 | The Latest Buzz for the Appraisal Industry

Covius Document Solutions Now Being Used by New American Funding for Default Servicing

New American Funding has implemented Covius Document Solutions for its default servicing operations. 

Specifically, New American will use Covius’ 50-state template library and on-demand printing services to prepare and deliver compliant pre-foreclosure/breach letters.

“Servicers are experiencing pressures not seen in a decade,” says Pete Pannes, chief business officer, in a release. “A single mortgage may be subject to hundreds of federal and state laws and regulations. To help servicers navigate this complexity, Covius’ warranted

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