April 2025
New Printing/Mailing Solution, a Commercial Appraisal Deep Dive and More
This month we’re sharing the latest updates and insights from across the Covius family of services, everything from printing and mailing services to compliance updates to due diligence to commercial appraisals. We’re thrilled to introduce our new Covius Print-Ready Services, a comprehensive, on-demand printing and mailing solution designed to enhance efficiency, deliver cost savings and ensure compliance. This edition also features important commentary from Jennifer Keys on the current regulatory landscape, an update on commercial appraisal services within our Service 1st platform and advice on how to expedite MERS Annual Reviews. We hope you find it helpful.
Pete Pannes
Chief Business Officer
Introducing a New On-Demand Printing / Mailing Service
We’re excited to announce the launch of our new on-demand mailing and printing service Covius Print-Ready Services. The new highly flexible service provides a variety of custom printing, advanced mailing and tracking options such as Certified Mail, and delivers advanced, end-to-end tracking services, including an industry leading USPS refund management service that has so far returned millions in refund savings to clients. Covius Print-Ready Services draws on the expertise of the company’s WALZ mail management solutions as well as Covius’ document solutions. It enables users to print and mail any kind of print-ready documents or correspondence, including statements, scanned documents, invoices, checks, letters and marketing materials as well as legal and servicing documents meeting compliance standards.
Why Now is Not the Time to Ease Up on Compliance
In this month’s compliance update, Jennifer Keys discusses the changes in the compliance landscape, how to navigate the uncertainty at the federal level and why she expects the states to be more active going forward. For servicers, particularly, this means staying vigilant.
A Spotlight on Commercial Appraisals
Service 1st, Covius’ national AMC, is well known for its residential appraisals and quality control reviews, but the firm has also developed a significant commercial valuation practice that is growing with lenders and investors nationwide. To get a better sense of the commercial side of the business, we recently sat down with Mark Cassidy, the Chief Valuation Officer at Service 1st.
MERS Annual Review Pitfalls
Whether a servicer is registering loans, processing payoffs or deactivating assignments in the MERS system, it’s important to remember that any MERS member can be required to submit a QA plan or an eAnnual Review. And if a servicer has 1,000 or more serviced MERS loans by March 31 of each year, it must engage a qualified third-party vendor to conduct the eAnnual Review. If you are looking for an expert partner for your MERS eAnnual Review that can help you avoid hefty fines and member suspension as a result of non-compliance, Clayton can collaborate with you and help you prepare. To find out how, contact Zaira Rodriguez.
Due Diligence Veteran Joins Clayton
We’re pleased to share that due diligence veteran Peter Butler has joined the company’s Clayton unit as Vice President of Business Development. In this role, Butler will drive strategic growth initiatives and cultivate new client relationships to further expand Clayton’s position as a 30-year, trusted provider of due diligence and advisory services.
Butler brings more than two decades of experience in the mortgage and financial services sectors, with a deep background in capital markets, credit risk and business development. Most recently, he was the Executive Vice President of Strategy and Growth of Opus Capital Markets where he played a key role in growing the company’s due diligence and transaction services offerings. Prior to Opus’ purchase of Wipro, he was Wipro’s Head of Capital Markets for the U.S., India, Mexico and the Philippines. Throughout his career, Butler has held senior positions at large lenders and technology companies such as First Cal, Sourcepoint, Computershare and Interthinx.
Pete Pannes, Chief Business Officer for Covius, said, “We’re extremely excited to welcome Pete to the Clayton team. Pete’s deep experience in setting strategy and extensive industry knowledge will further differentiate Clayton from the balance of the industry. His proven track record of building long-term client partnerships makes him the ideal leader to drive continued growth for our Clayton business and optimize our clients’ execution.”
Pete can be reached at 303.942.2040 and Peter.butler@covius.com.
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