Headlines

Fannie Mae and Freddie Mac named Anthony N. Renzi as CEO of Common Securitization Solutions, and Fitch Ratings announced a new partnership in The Industry Pulse.

Click through to see what the Director of Default Services from Ocwen believes are some of the hurdles the industry needs to overcome in the coming year.

Red Bell Real Estate, LLC, a Radian subsidiary, was named among a select group of automated valuation model (AVM) providers by credit rating agency, Fitch Ratings, to supply AVMs in support of Fitch’s rating of residential mortgage-backed securities (RMBS) transactions.

Potestivo & Associates, P.C. is has announced the promotion of Megan M. Johnson, effective October 25, 2019. Johnson has been promoted to the role of VP, and in her new capacity she will oversee firm management and operations.

Oklahoma-based Gateway First Bank has announced the appointment of Deirdre Cherry as its CCO. As CCO, Cherry will be responsible for the review of Gateway’s loan portfolio on a continuing basis to guide risk-appropriate growth, assist in the detection of deterioration in loan quality and review the portfolio to ensure compliance with state and federal regulations.

Ray Brousseau was announced as the Partner and EVP, Strategy and Expansion for River City Mortgage.

Bonial & Associates, P.C. (BPC) welcomes Kozeny & McCubbin and expands their legal services to mortgage loan servicers, automotive finance companies and consumer lending clients in six states. 

Nationwide Title Clearing has added two industry executives to its team. Robin Belanger will join the company as VP, focusing on enhancing NTC’s offering in the document certification, custody and capital markets area of the industry. Amie McCarthy will be joining the company’s executive team as VP Business Development for Capital Markets.

The total eClose platform is the eClosing leader based on market share, overall satisfaction, and lender loyalty in STRATMOR Group’s 2019 Mortgage Technology Insight Study.

This offering for lenders and servicers streamlines the review process, creates efficiencies, and identifies risk.