Events Tackle Mortgage QC, Originations
Among several upcoming mortgage-related events are an investor conference, a Fannie Mae quality-control boot camp and another boot camp for loan originators.
goodmortgage.com Hiring 100s
Now that it has been acquired by another company, goodmortgage.com has plans to add hundreds of employees in its hometown of Charlotte, North Carolina.
Correspondent Executives Find New Homes
In addition to at least one C-Suite appointment, recent executive activity in home lending includes multiple correspondent lending executives who have found new jobs and a new retail lending leader.
FDIC Wins Appeal in RMBS Case
A lower court's ruling against the Federal Deposit Insurance Corp. has been overturned on appeal, paving the way for the regulator to pursue losses from residential mortgage-backed securities.
Mortgage Firms Recognized as Best Employers
Several mortgage banking firms and two mortgage service providers have been recognized by local news publications as being among the best employers in their region.
Buffett, Quicken's Gilbert Team Up for Yahoo Bid
Two billionaires -- Quicken Loans Inc. founder Dan Gilbert and Berkshire Hathaway Chairman Warren Buffet -- have teamed up to bid on Yahoo! Inc.'s assets.
Online Lenders Among Mortgage Mergers
Two online residential lenders, including a startup and a newly acquired firm, hope to shake up the home-lending process. Another recent mortgage-related transaction involves a correspondent rural lending business.
U.S. Mortgage Firms Listed in Panama Papers
Nestled among the entities that were recently exposed from a year-long investigation of millions of documents that contained details about secret offshore holdings by companies and prominent individuals are a trio of inactive U.S. mortgage firms.
Mortgage Servicing, Assets Up at Regions
Regions Financial Corp. reported growth in its residential loan servicing and investment portfolios, while delinquency fell. But quarterly mortgage production was off.
Mid-Level Mortgage Managers Make Moves
A host of mid-level executives at real estate finance firms have found new homes or been promoted to better positions. There was even some activity in the c-level executive suite.