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Author Archives: Tory Barringer

Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington's student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News' sister publication, MReport, which focuses on mortgage banking news.

Interthinx Launches Compliancy Podcast

The podcast, titled From the Bar: Inside Compliance with Roger Fendelman, will focus on the industry's toughest compliance issues. The program is meant to explain rulemaking by the new Consumer Financial Protection Bureau and to answer concerns that lenders have had.

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New President to Lead PHH Mortgage

PHH Corporation announced Monday that David E. Tucker has been appointed president of PHH Mortgage Corporation, a service and mortgage origination subsidiary of PHH. Tucker is succeeding Smriti Laxman Popenoe, PHH Mortgage's interim president since March 2012.

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Four States Back at Peak Employment: IHS

The report, put together by IHS U.S. Regional Economist Steven Frable, stated that Alaska, North Dakota, Texas, and Louisiana have all reached or passed their prerecession employment levels, with Alaska and North Dakota reporting peak employment in 2010-11. These four states are also experiencing the most benefits from the current energy boom. Many other states have bounced almost all the way back, coming within 1 percent of their employment peaks.

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Memphis Invest Announces YTD Sales, Holds Investor Weekend

Memphis Invest announced Monday that it has sold 229 homes to out-of-town, independent investors since January in a run-up to a recent investor weekend. Memphis Invest hosted the investor weekend May 11-13 in order to showcase local single-family rental properties and to demonstrate Memphis' strengths as a rental market.

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Alabama Bank Closes, Tally Now 24

The Office of the Comptroller of the Currency closed down Alabama Trust Bank, National Association, of Sycalaugua, Alabama over the weekend, marking the first Alabama bank failure and the 24th national failure this year.

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