Secondary Market

ReverseVision, a San Diego-based reverse mortgage software provider, is welcoming its newest client to the fold: Live Well Financial, a leading issuer of Ginnie Mae home equity conversion mortgage-backed securities (HMBS).

Lenders Compliance Group Inc. (LCG) announced the appointment of Michael J. Wallace Esq. to the position of director of marketing compliance.

LRES, a California-based company specializing in commercial and residential valuations and asset management, announced it has received a Certificate of Authority to conduct business in the U.S. Virgin Islands.

In Texas, Wingspan Portfolio Advisors named industry veteran Susan Pettem to the newly created position of EVP for business development.

After weeks of speculation from market watchers and analysts, JPMorgan Chase announced it has finalized a $ 13 billion deal with the Justice Department.

Secondary market professionals have a new way to connect with potential buyers and sellers: LendTrade, a recently launched community for trading professionals designed to cut out the middleman and save costs.

The lending division of Carrington Mortgage Services (CMS), LLC appointed Kathy Pilgrim as branch manager of the company's branch in Duluth, Georgia.

MountainView Servicing Group announced it is acting as the exclusive sale advisor for a Fannie Mae portfolio valued at $152 million (unpaid principal balance).

Diane Nordin, a seasoned asset management executive, has joined Fannie Mae's board of directors, the company announced.

JPMorgan Chase announced Friday it has reached an agreement to pay billions of dollars to resolve claims from investors related to collapsed RMBS issued between 2005-2008.