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Author Archives: Staff Writer

HUD Official Suzanne Tufts Resigns

HUD Assistant Secretary Suzanne Tufts has resigned from her position as of this afternoon. She has been rumored to be under consideration as a candidate for a top watchdog position at the Interior Department.

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Nomura Settles RMBS Suit With DoJ

Nomura, the Tokyo-based bank, is the last in a string of financial institutions to settle with the Department of Justice for fraudulent activities involving selling mortgage-backed securities leading up to the Great Recession of 2008.

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Northpointe Bank Hires Kate Higgins

Kate Higgins joins Northpointe Bank as a Senior Loan Officer, working with their loan team in Denver, Colorado. Kate Higgins comes from Unibell Financial, Inc., where she worked as a residential mortgage broker, handling both forward and reverse mortgages with access to multiple lenders. Northpointe Banke is a member of the FDIC and an Equal Housing Lender.

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Pat Downing Joins FirstClose

FirstClose, which provides software solutions for mortgage lenders, welcomes Pat Downing as their new CTO. Downing’s chief role with FirstClose will be overseeing development of all technical efforts. In addition to his experience in technology operations, infrastructure, development, and customer support, Downing has overseen global team-building, budget creation, budget management, and the alignment of technology with business needs.

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