Adding a new leadership position to a company division, Carrington Mortgage Services, LLC, has hired Brad Nease as its SVP of capital markets.

Lender Processing Services is under examination from the Nevada Attorney General for issues encompassing specific incidents with the company's document processing and practices. The state's Attorney General recently indicted two employees within LPS on 606 counts of fraud, alleging that the two forged signatures and notarization on mortgage-related paperwork.

One online lender is handling the refinancing rush by targeting borrowers who are eligible for the Home Affordable Refinance Program (HARP).

South Carolina is gaining nearly 1,600 new jobs courtesy of TD Bank's corporate expansion. The company recently announced that it will create a campus for the bank in Greenville, adding jobs in in the city as well as in nearby Lexington.

Technology company Blueberry Systems, LLC, is launching a new product, with the introduction of its integrated point-of-sale solution, dubbed Embark. Through the platform, Blueberry will enable users of the company├â┬ó├óÔÇÜ┬¼├óÔÇ×┬ós RELAY loan origination module to access a complete, end-to-end system for loan applications.

CredAbility has released its third-quarter findings, and the news is less than ideal. The company's consumer distress index displayed the most significant drop in consumer financial health on record since 2008, largely due to increases in mortgage delinquencies, late payments by renters, and an uptick in housing expenses. Citing rising pricing for food, gasoline, and other necessities coupled with the increase in under-employment, CredAbility's final evaluation of distress among U.S. households totaled 66.7 on the company's 100-point scale.

The GSEs are making headlines, with Fannie Mae's CEO appearing before Congress to address the entity's possible profitability and Freddie Mac's CEO providing testimony on the controversial executive bonuses within the organization. Both leaders spoke to the House Committee on Oversight and Government Reform to field questions regarding various aspects of Fannie and Freddie's practices and financial standing. The high-profile hearing follows considerable outcry by lawmakers over $13 million in bonuses for 10 senior-level executives.

SunTrust Banks, Inc., has announced a new chairman for its board of directors, naming the company's president and CEO to the position. William H. Rogers, Jr., who has served as president and CEO of SunTrust since June, will take over as chairman of the board on January 1.

ServiceLink has appointed a new general counsel, with the announcement that Donald Blanchard will join the company. The end-to-end origination provider plans to capitalize on Blanchard's experience in corporate, contract, and real estate law to enhance their legal support.

The current complexion of the national housing market is prompting Bank of America Corp. to focus on new lending measures, including taking steps toward facilitating loans that are not backed by the government-sponsored enterprises. BofA's CEO Brian Moynihan highlighted future initiatives from the financial institution during his speech at the BofA Merrill Lynch conference in New York recently, and his remarks revealed the bank's key interest in pursuing changes related to the influx of investor cash into real estate markets around the country.