...ISGN. He has a background in mortgage finance, having held senior positions with mortgage insurance companies for nearly 20 years, including Genworth, United Guaranty, and PMI Mortgage Insurance. He is...
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ABA Reappoints, Promotes STG Execs to Leadership Positions
...year. [IMAGE] ABA reappointed James L. Gosdin, as chair of the Title Insurance and Surveys Committee of the Commercial Real Estate Transactions Group, a position he has held since 2010....
Read More »Mortgage Lenders’ Next Crisis: Insurers’ Denials of Repurchase Demands
...lender negligence that insurance typically protects against. More problematic is an exclusion for restitution. Insurance covers ""loss"" -- but not amounts one is required to give back. Insurers say that...
Read More »Genworth Announces Support for GSE Refinance Guidelines
...homeowners as possible to take advantage of the HARP refinance opportunity,"" said Rohit Gupta, president and CEO of Genworth's mortgage insurance unit. Since HARP's 2009 inception, Genworth Mortgage Insurance has...
Read More »Mortgage Financing Increases While Distressed Sales Fall: Survey
...LTV mortgages by private mortgage insurers, and a price structure including insurance premiums that is cheaper than the FHA alternative."" FHA-backed transactions made a slight increase in August to 25.9...
Read More »FDIC to Hold Workshops for Asset Purchasers, Investors
...the structured sales transaction process is inclusive of all firms, large and small. We believe that expanding the investor pool will assist in minimizing losses to the Deposit Insurance Fund.""...
Read More »IHS Puts New Hampshire Under Microscope for Swing State Report
...second quarter. Monthly initial claims for unemployment insurance in the state have also trended downward in 2012, falling to 1,300 as of June. IHS said these samples of data ""paint...
Read More »Rogers Townsend Chairman Elected to MBAC Leadership Roles
...and South Carolina. With offices in South Carolina, North Carolina, and the U.S. Virgin Islands, Rogers Townsend provides counsel for various mortgage industry fields, including banking, default services, insurance, and...
Read More »First-Time Jobless Claims Dip, Remain Elevated
First-time claims for unemployment insurance fell 3,000 to 382,000 for the week ended September 15, the ""Labor Department"":http://www.dol.gov/opa/media/press/eta/ui/current.htm reported Thursday, topping market expectations. The previous week's report was revised upward...
Read More »2011 Lending Data Reveals Declining Conventional, FHA Activity
...lending also increased in 2011, rising about 1 percentage point to 8 percent. While there still seems to be a heavy reliance on loans backed by FHA insurance, its share...
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