twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from

Mortgage News Reprints
Put entire stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed stories free on your Web site or for your RSS reader.

News Archives
Archive of stories by month going back to 1999.

Press Releases
Reports and announcements from

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map
Corporate Mortgage News
M e r g e r s, a c q u i s i t i o n s and private and public offerings. Other corporate activity including executive appointments, bankruptcies name changes.

Executive Weekly

Recent mortgage-related executive activity

June 8, 2009


A warehouse lender has named replacements for its chairman and chief executive officer, a Massachussetts bank chief is leaving his job after less than a year and Bank of America Corp. has beefed up its board with bank veterans.

Gregory L. Curl will replace Amy Woods Brinkley as chief risk officer of BoA when she retires on June 30, according to a news release Thursday. Curl, currently a global corporate strategic development and planning executive, has spent 31 years at the Charlotte, N.C.-based institution.

Former Federal Reserve Board governor Susan S. Bies was elected to BoA's board of directors, an announcement Friday said. Joining Bies is former Bank One Corp. executive William P. Boardman, former Compass Bancshares Inc. chairman and chief executive officer D. Paul Jones and former Federal Deposit Insurance Corporation chairman Donald E. Powell.

Michael W. Young has been nominated to be vice chairman-elect of the Mortgage Bankers Association, a June 3 statement said. MBA members will vote at the group's annual conference in San Diego during October on the nomination of Yound, who is the chairman of Cenlar FSB.

Colonial BancGroup Inc., which last month announced that chairman, CEO and president Robert E. Lowder would retire, said Wednesday that Simuel Sippial Jr. will replace Lowder as chairman. Sippial will also serve as chairman of subsidiary Colonial Bank. He has been a director of Colonial for 20 years and spent 26 years with IBM Corp.

Struggling Colonial, a big warehouse lender, is getting a $300 million capital infusion by a group of investors led by Taylor, Bean & Whitaker.

photo of Simuel Sippial Jr.
Colonial photo of Simuel Sippial

Colonial photo of Lewis Bevil

In addition, the Montgomery, Ala.-based bank named Lewis Bevil president and CEO of Colonial and its banking subsidiary. Bevil has been a Colonial director for 12 years and serves as an executive at a privately held insurance brokerage firm.

After less than a year in the position, Thomas Drummey is stepping down from the post of president and CEO at Randolph Savings Bank, published reported indicated. Drummey, who had been with the Massachussetts institution for around eight years prior to his promotion to the top spot, reportedly received another job offer that he couldn't refuse.

Jeff Lemieux joined GMAC Financial Services as senior vice president of fee based servicing. Lemieux comes from Cerberus Capital Management -- which previously owned half of GMAC.

Also joining Ft. Washington, Penn.-based GMAC was Dana Dillard, who was named senior vice president of special mortgage initiatives. Prior to her new position, Dillard was executive vice president at JPMorgan Chase & Co. subsidiary EMC Mortgage Corp.

Eric Martinez Jr. replaced William V. Nutt as CEO of mortgage insurer United Guaranty Corp., parent American International Group Inc. said last week. Martinez just started with AIG this year and previously worked for Safeco Corp.

CWCapital Asset Management Managing Director David Iannarone was promoted to president of the unit, parent CW Financial Services announced last week.

Motivational speaker Todd Duncan joined Prospect Mortgage to teach sales, leadership and time management, a statement last week said. However, Duncan will continue to accept outside gigs.

UGI photo of Eric Martinez

Family First FCU photo of Kent Moore

Kent W. Moore replaced retiring Dick L. Chappell as president and CEO of Family First Federal Credit Union on Wednesday. Prior to his new job, Moore spent 30 years at Mountain America Credit Union where he helped double the branch network to 63 and grow assets from less than $0.1 billion to $2.8 billion.

Moore has a master's degree in business administration from Westminster College and a bachelor's degree in political science from the University of Utah.

Sam Garcia worked in mortgage lending for twenty years prior to becoming publisher of in 2000.

e-mail: [email protected]

Secondary Marketing News | Correspondent Lender Directory
Mortgage portfolio trades and forward commitments. Correspondent lending, r e p u r c h a s e s and warehouse news. Secondary marketing statistics and lawsuits.

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders