Following a collaborative onboarding and integration cycle, this new partnership expands on an existing correspondent relationship to a strategic servicing partnership.
Read More »Fannie Mae President David Benson to Retire
After 21 years with the GSE, David Benson has announced that he will step down as President in early- to mid-2024, to be replaced by current Fannie Mae CEO Priscilla Almodovar.
Read More »Five Star Announces Launch of Mortgage Servicing Executive Alliance
With U.S. Bank's Timika Scott serving as the organization's first Chairperson, the MSEA will include committees focused on advancing advocacy and education related to specific sectors of the industry, including Government & Industry Relations, Community Relations, Communication & Planning, and Cultural Affairs.
Read More »Lance Drummond Named Chair of Freddie Mac’s Board of Directors
Assuming the role of Board Chairman, former Fiserv and Bank of America exec is set to replace Sara Mathew, who will be retiring as the GSE’s Board Chair and Director in February 2024.
Read More »Cenlar Promotes David Schneider to President
After joining the nationwide mortgage subservicer earlier this year as CFO, former head of CitiMortgage and WaMu Home Loans David Schneider has been named new company President.
Read More »Fay Financial Adds Cari Gordon as Chief Audit Officer
With nearly 30 years in the industry, including time spent at both Fannie Mae and Freddie Mac, Cari Gordon joins Fay Financial to oversee the company’s integrated, risk-based audit plan.
Read More »Freddie Mac Launches New Down Payment Assistance Tool
The new DPA One option works to quickly and efficiently access and compare down payment assistance programs in order to help more first-time homebuyers achieve homeownership.
Read More »Cenlar Names Tom Byrne VP of Quality Control
Mortgage loan subservicer taps 30-year industry veteran for new role, overseeing both the internal QC team, and outsourced vendors, establishing objectives to drive the execution of Cenlar’s QC program.
Read More »CFPB Announces New Advisory Committee Appointments
Bureau appoints 22 new members to represent various districts of the Federal Reserve System, each member a recommendation by a President of a Federal Reserve Bank.
Read More »Sagent Extends Partnership With Click n’ Close
The new five-year extension will enable Click n’ Close to power its entire enterprise mortgage servicing ecosystem with Sagent’s suite of cloud-based platforms.
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