Irvine, California-based online real estate marketplace Auction.com has announced the hiring of Aman Kothari as its CFO and former eBay executive Kristine Chin as VP of customer engagement. ...
Read More »Altisource Adds Senior Leadership in Government and Client Relations
Mortgage, financial, and technology services provider Altisource Portfolio Solutions has announced the addition of Riccardo S. Brizzi as Chief Client Officer and Kirk G. Willison as SVP of Government and Industry Relations.
Read More »Wells Fargo Names New Head of Mortgage Production
Wells Fargo has named Michael DeVito head of mortgage production, effective October 1, 2015. Devito will succeed Franklin Codel, whom will now serve as head of mortgage lending at Wells Fargo Home Lending, the company said last month.
Read More »Rep. Hensarling May Seek Speaker of the House Role
In response to the surprise announcement of the resignation of Speaker of the House John Boehner (R-Ohio) on Friday morning, U.S. Rep. Jeb Hensarling (R-Texas) is "considering his options" as far as seeking the speaker position.
Read More »Inclusionary Housing Will Help Low-Income Residents & End Segregation
As American cities rebound and develop after years of disinvestment, rising housing costs are excluding lower-income residents, and inclusionary housing could be the only solution to ensure that cities remain integrated.
Read More »Major Banks’ Third-Party Mortgage Servicing Portfolios Continue to Decline
Major banks across the U.S. are being cautious about adding mortgages that they did not originate to their balance sheets, and in turn, have recorded drastic declines in their third-party mortgage servicing portfolios since early 2009, shortly after the economic downturn in 2008.
Read More »Mortgage Rates Lower Following Fed’s Hike Deferment
Mortgage rates lowered to 3.86 percent for the week ending September 24, 2015 after the Federal Reserve decided to keep interest rates near zero last week.
Read More »New Home Sales Sales Climb to Seven-Year High in August
HUD and the U.S. Census Bureau jointly announced Thursday the new residential sales reached a seasonally adjusted annual rate of 552,000 in August 2015, the highest level since February 2008.
Read More »AIG & GE Agree to Settle MBS Investment Suit
American International Group Inc., and a group of General Electric Inc., pension and investment funds recently agreed to put a New York federal court suit brought about by the funds to rest.
Read More »Collingwood Group Adds Housing Finance Veteran as SVP
Longtime housing finance veteran Chris Negri has joined Washington, D.C.-based business advisory firm The Collingwood Group as Senior Vice President, according to an announcement from Collingwood.
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