Headlines

The Federal Reserve’s Open Market Committee (FOMC) chose to forgo the opportunity to raise the central bank’s nominal interest rate at the conclusion of their September meeting, a repeat of the action the committee last took in June after hiking rates in July.

Mike McAuliffe has been named CEO of Aspen Grove, succeeding Founder and CEO Seán Ryan, who willl now take over the role of Executive Chair.

New deal enables Midwest-based community bank to offer real-time mortgage servicing through Sagent’s configurable tech offerings to adapt to evolving customer and regulatory requirements in real-time.

Continuing its role as provider of counsel to the U.S. financial services industry, Weiner Brodsky Kider promotes 17-year industry veteran to lead group serving clients facing government actions and private suits.

Through the new agreement, lenders will have the ability to order risk-based mortgage insurance through Rate GPS, directly through the Calyx loan platform.

After spending the last 28 years with Morgan Stanley as COO, CFO, and Head of Corporate Strategy, Pretium names new President and member of the Executive Committee to oversee the company’s strategic and operational initiatives.

Tapped to oversee Dovenmuehle’s insurance department, 30-year industry vet Patricia McCarthy will bring her experience in managing compliance, mortgage operations, loan processing, and customer service departments to her new role.

According to a new report from Redfin, investor home purchases fell significantly during Q2 2023. Click through to learn what factors are in play.

Altisource Asset Management has announced the departure of CEO Jason A. Kopcak, to be replaced on an interim basis during the restructuring of its lending operations by former COO of Altisource’s Alternative Lending Group, Danya Sawyer.

Bayview’s new insurance asset management business will be led by Chief Investment Officer Nancy Mueller Handal, who will bring her leadership in expanding Bayview beyond its traditional focus on corporate credit.