...insurance operations. She is also head of the bank's servicing transition and integration group, which includes post-closing and business architecture design. Mary Coffin's co-workers and colleagues have said her philosophy...
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FHFA Appoints New Freddie, Fannie Chairmen
...he participated in the restructuring and turnarounds of many companies including the Penn Central Transportation Company and Mutual Benefit, the largest insurance company in history to fail. Most recently, Koskinen...
Read More »Fed Reports Mortgage Lending Down in 2007, One in Three Borrowers Denied
...eligible for FHA loan insurance, and new FHA provisions of the recently enacted foreclosure prevention law. The Federal Reserve's findings were based on information collected from mortgage lending institutions under...
Read More »Senators Ask for Foreclosure Delay on Fannie, Freddie Loans
...of New York - urged the conservator of the two mortgage giants to follow in the footsteps of the ""Federal Deposit Insurance Corporation (FDIC)"":http://www.fdic.gov when it took over IndyMac Bank....
Read More »Ocwen Sees Delinquencies Decline
...for foreclosure prevention, as well as the loan modification program ""recently announced"":http://dsnews.comview_story.cfmxid=2797 by the Federal Deposit Insurance Corporation (FDIC) for mortgages serviced by IndyMac Federal Bank. ""The FDIC is setting...
Read More »HUD Issues Foreclosure Moratorium for Hurricane-Ravaged Louisiana
...expedite the repair and replacement of damaged housing. - Make mortgage insurance available - HUD's Section 203(h) program provides FHA insurance to disaster victims who have lost their homes and...
Read More »Gustav May Be Fourth Costliest Storm, In Terms of Property Damage
...the Category 2 storm may trigger insurance claims as high as $10 billion, based on early assessments from firms that specialize in catastrophe estimates, making it potentially the fourth costliest...
Read More »Georgia and Kansas Banks Closed
The ""Federal Deposit Insurance Corporation (FDIC)"":http://www.fdic.gov announced that two more banks have been closed and placed under FDIC receivership - ""Integrity Bank"":http://www.myintegritybank.com/integrity_transfer.cfm of Alpharetta, Georgia and ""The Columbian Bank and...
Read More »iMortgage Provides Historical Property Appraisals
...In a market environment beset by foreclosures, buybacks, insurance claims, and uncertainty, mortgage industry professionals are looking for ways to independently and objectively determine the accuracy and validity of origination...
Read More »FDIC Modifying IndyMac Mortgage Loans
The ""Federal Deposit Insurance Corporation"":http://www.fdic.gov (FDIC) announced yesterday that ""IndyMac Federal Bank, FSB"":http://www.indymacbank.com/ will implement a new program to systematically modify the bank's troubled mortgages. Federal regulators hope this effort...
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