The Office of the Comptroller of the Currency (OCC) has approved the merger deal between NYCB and Flagstar Bancorp, however NYCB's acquisition of Flagstar remains subject to the approval of the Federal Reserve Board.
Read More »Freedom Mortgage Promotes Mike Mell to SVP of Wholesale
Twenty-seven-year veteran promoted to new role, managing a national sales team of regional sales managers and account executives nationwide.
Read More »Agencies Update Financial Exemption Requirements for 2023
Special appraisal dollar-amount limits, along with thresholds for Regulation Z and Regulation M, were adjusted by the CPFB to better reflect the current economic environment.
Read More »Agents National Title Adds Two
Paul C. Hammann joins Agents National Title as Pacific Northwest Agency Manager and the company also names Kara Elgin as Central States Underwriting Counsel.
Read More »Lenders One Opens Branch Locations at Select FL and NJ Walmarts
Walmart-based mortgage branches, powered by Lenders One members, will offer prospective homebuyers access to mortgage origination solutions within their local communities.
Read More »Redfin: 64,000 Buyers Cancelled Contracts in August
In another new sign of the times, roughly 64,000 home-purchase agreements fell through in August 2022 according to Redfin, a number equal to 15.2% of all homes that ...
Read More »loanDepot Names Gregory Smallwood Chief Legal Officer
Prior to loanDepot, Smallwood served as General Counsel and EVP of Caliber Home Loans. Before that, he held senior roles at Bank of America, Morgan Stanley, Saxon Mortgage, GMAC ResCap, and Chase Manhattan Mortgage Corporation.
Read More »FHFA Announces Staffing Updates
The Federal Housing Finance Agency announced new Deputy Directors for the Division of Housing Mission and Goals and the Division of Bank Regulation.
Read More »Former FHFA Chief Calabria Named to Evolve Mortgage’s Advisory Board
Current Senior Advisor to the Cato Institute joins eMortgage technology solutions provider’s Advisory Board to drive change, and propel the company and industry forward.
Read More »Angel Oak Names New VP of Correspondent Sales, Expands Westward
Angel Oak Home Loans has brought 30-year industry veteran Steve Valladares into the fold to manage its correspondent business line, and has announced four new branches in the western U.S.
Read More »