Gagan Sharma

Strategic Partnership Forms For Advanced Compliance Monitoring

Posted on by TMN Editor
By KIMBERLEY HAAS Technology is helping servicers with programs that provide systematic and automated approaches to loan due diligence, leading to partnerships that will enhance market compliance. Third-party subservicer Cornerstone Servicing, headquartered in Englewood, Colorado, announced last month that they are using compliance technology from Bizzy Labs to perform daily exception processing on servicing portfolios. The goal is to reduce errors, provide business risk transparency, and reduce per loan servicing costs. Bizzy Labs is an affiliate of BSI Financial Services in Irving, Texas, and their compliance technology, Libretto, uses a comprehensive library of over 1,000 business rules to identify servicing deadlines and data quality anomalies that could lead to red flags. Toby Wells, the president of Cornerstone Servicing, and Gagan…

BSI Financial Brings On Two New Execs

Posted on by TMN Editor
BSI Financial Services has hired Sean McGowan as Chief People Officer and Shannon Clay as Senior Vice President of Investor Reporting, the company announced in a press release. McGowan brings 20 years of experience to the role and will develop and execute human resource strategy, especially in the areas of talent management, organization and performance management, training, development, and compensation. “At BSI, I see a fantastic opportunity to combine my background with an experienced, people-oriented leadership team and help drive the next phase of BSI’s growth,” McGowan said. “I look forward to building a great culture and an awesome workplace experience.” Prior to this, McGowan has held leadership roles at Appspace, Accenture, Bank of America, and Mr. Cooper. “Our people…