Guardian Mortgage recently added Donna Greiner as SVP of Correspondent Lending in its Plano, Texas office. Greiner's mortgage career inlclude over 25 years' experience in loan origination, affiliated business arrangements, multi-state lending, construction lending, and multi-state REO sales.
Read More »Fed Liftoff Could Adversely Impact First-Time Buyers
The Federal Open Market Committee (FOMC) will convene next week for the last time this year and is expected to sweep the industry with a change to the federal funds rate, something that has not been done since June 2006. ...
Read More »Mortech and Calyx Integrate Mortgage Pricing and Loan Technologies
Mortech, a Zillow Group business that offers technology solutions for mortgage bankers and secondary market teams, announced Tuesday that they will be integrating mortgage pricing and loan technologies with Calyx Software.
Read More »Pro Teck Announces Two New Information Security Hires
In an effort to enhance information security, Pro Teck Valuation Services announced Tuesday that the company has hired two new employees. Luc Levensohn will fill the newly created position of Chief Information Security Officer (CISO), that is expected to better the company's information security programs.
Read More »CoreLogic Executive Elected Chair of HLP Board of Directors
CoreLogic's SVP for Government and Public Affairs Faith Schwartz was recently elected to be the new Chair of the Hope LoanPort (HLP) Board of Directors. Schwartz has been a member of CoreLogic's team since 2013, with the mission of building business and relationships with the government, non-profits, think tanks, and universities
Read More »Lending.com Hires New General Counsel
Lending.com, a lending-as-a-service platform, recently appointed Liz Verrier as General Counsel. According to the company, in her new role as Lending.com's Chief Legal Officer, she will provide legal guidance to their board of directors and upper-level management.
Read More »Wells Fargo Welcomes New President & COO
Wells Fargo & Company recently announced that Timothy J. Sloan will now serve as President and COO, reporting to Chairman and CEO John G. Stumpf. Sloan has been with Wells Fargo for 28 years, and since 2014, he has served at the head of Wholesale Banking—a role he will remain in. Prior to this position, he was Wells Fargo's CFO from 2011 to 2014.
Read More »Industry Reaction Mixed on Allegations of Wall Street Influencing GSE Reform
Now that the news has had a bit of time to marinate, some within the housing industry reacted by taking up alliances with lobbyists, while others went the opposite direction and questioned these higher-ups' motives.
Read More »Will 2016 Bring Unwelcome Surprises for the Housing Market?
The expected interest rate hike from the Federal Reserve is also swaying the views of many consumers for the housing market, causing many to believe that getting a mortgage will be more difficult next year.
Read More »President Signs Fannie Mae & Freddie Mac CEOs’ Salary Cap Bill into Law
The bill "suspends compensation packages approved for 2015 for the chief executive officers of the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and any of their affiliates, and reinstates the compensation and benefits previously in effect," the statement said.
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