Allison Hill has recently taken the place of retiree, Gretchen Evanco, as director of administration for the Ohio-based firm Reimer, Arnovitz, Chernek
Read More »AIG Stock Price Shows Strength Even Amid Sharp Swings
The stock price of American International Group (AIG), the insurance company now 80 percent-owned by the U.S. government, has been on a roller coaster, shooting up to $56 a share last week before losing more than a third of its value again this week.
Read More »Fed Chiefs See Turn in Housing Market
Presidents at two of the Federal Reserve regional banks see the housing market turning around, and one of them is ready to sing about it.
Read More »HUD Audit Finds BofA Unit Noncompliant on Reverse Mortgage Servicing
A Bank of America servicing unit for reverse mortgages in Seattle failed to comply with HUD rules on verifying that the properties continue to be principal residences and providing timely notice that the borrower has deceased, according to a HUD audit.
Read More »Goliaths of the Banking World Get Even Bigger
The phrase too big to fail ignited controversy mere months ago when the nation's banking system was feared to be teetering on the brink of collapse.
Read More »In Chicago, Booming Renters’ Market Threatens Multi-Family Mortgages
More and more, the windy city is offering would-be renters a big selection of friendly confines.
Read More »Source: Freddie Mac Will Get to Keep NYSE Listing
As speculators continued to drive up the price of government-sponsored mortgage purchasing giant Freddie Mac, the firm leaked good news on Monday: Its listing on the New York Stock Exchange may not be in danger, after all.
Read More »Former Stewart Title Exec Joins New Vista Asset Management
San Diego-based New Vista Asset Management has recently taken on Brian Hurley, former president of Stewart Title of California, as president and COO.
Read More »LenderLive Network Partners with Neighborhood Housing Services of America
LenderLive Network Inc., a Denver-based mortgage service provider, has announced a partnership with the Neighborhood Housing Services of America (NHSA) to process and underwrite Federal Housing Administration (FHA) loans for the nonprofit secondary market investor.
Read More »Fed Profit Soars on Rescue Efforts
Profit in the Federal Reserve System has soared in the wake of the central bank's multiple efforts to rescue the financial system, according to various reports.
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