The rules governing when a clearing member could be considered to be in default are stated in section 1.8 in the Clearing Rules for Nasdaq Derivatives Markets and in section 8 in the General Terms of ...

Companies that view default management as merely a cost of doing business are missing significant upside opportunities to become more customer-centric and competitive. A recent assessment of a major ...

LOS ANGELES--(BUSINESS WIRE)--Brace, the mortgage servicing infrastructure fintech, today launched its next generation Default Management Platform featuring an end-to-end solution for both consumers ...

EWING, N.J.--(BUSINESS WIRE)--Cenlar FSB, the nation’s leading mortgage loan subservicer and federally chartered wholesale bank, announced today that it has appointed four senior leaders to the ...

DRI Management Systems, a provider of default management software, has announced that its DRI Office is now available as software-as-a-service (SaaS) through cloud computing. Users of DRI Office are ...

Social media channels offer rich opportunities to improve and even redefine the debt-related interactions between creditors and consumers. Like any new and disruptive technology, however, the ...

A clearing house must ensure that it has adequate resources to absorb the losses that result from the default of one or more clearing members. The resources are contributed by the CCP itself as well ...