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Nearly $300 Million Judgment Against Allied - Alleged fraudulent misconduct on...
When the loans defaulted, insurance claims were submitted to FHA. Allied also allegedly ... The actions enabled Allied to evade oversight ... At the time, Allied was suspended as
Senate Committee Approves Comptroller, Fed Official - 2 Trump nominees approved...
California, and an ally of Treasury Secretary Steven Mnuchin. Democrats attacked Otting for what they said was OneWest's aggressive foreclosure practices, and his nomination
Senior, Mid-Level Execs Shuffled at Mortgage Firms - Recent executive activity...
Home Loans Inc., GMAC Mortgage LLC and Nationstar Mortgage LLC . next story back to current headlines Sam Garcia founded Mortgage Daily in 1998 and became its full-time publisher
Mortgage Firms Hire Seasoned Executives - Recent management changes | July 11...
Mortgage LLC and previously included four years at GMAC Mortgage . Rick Bargioni has been hired by Sierra Pacific Mortgage Company Inc. as vice president of national operations, a
Former OneWest CEO Tapped to Head OCC - Trump to nominate Joseph Otting | June 6, ...
Mnuchin a key ally in changing the regulatory tone in Washington by dialing back aggressive scrutiny of banks. OneWest, based in Pasadena, Calif., was the reincarnation of failed
Wells Fargo Shakes Up Retail Mortgage Management - 3 executives departed | June 2,...
Bryant spent 11 years at GMAC Mortgage . In all, she has 25 years' experience in mortgage originations and operations. In her new job, she'll oversee more than 7,900 mortgage
Cordray Forges On as CFPB-Weakening Bill Progresses - Financial CHOICE Act passes ...
Cordray said he's not surprised by the pushback from business interests and their Republican allies. "We've had challenges over the course of our existence," he said. "We have
Best U.S. Mortgage Loan Originators - Borrower's trust important in ranking | May ...
Mortgage, a division of Allied Mortgage Group. He says that he tells customers factual information, not what they want to hear just to make a sale. This sometimes ends up with him
BofA Operates Automated Branch Network - Branches are smaller and have no...
Times staff writer Alli Knothe contributed to this report. Bank of America profile next story back to current headlines Bank news To see more of the Tampa Bay Times or to
Mortgage Executive and Board Changes - Recent executive activity | Jan. 27, 2017 |...
Home Finance and GMAC Mortgage LLC . Stonegate Mortgage Corp. has named Jeffrey Keiser as its east regional manager. His more than two decades in mortgage lending included a nine-
Former HUD Secretary Calls Carson Strong Fit - Some alarmed at Trump pick for HUD ...
Trump ally -- had a brilliant career as a neurosurgeon. His up-from-bootstraps biography is inspirational. But he's never run a city, a housing authority or a bank. Alphonso
Ally Bank Reveals New Mortgage Program - Move comes 1 year after wading into...
After allowing former subsidiary Residential Capital LLC to fall into ... uploaded from any device. Ally said it has teamed ... the news release. Related: Ally to Re-enter Mortgage
Former Net Branch Giant Loses FHA Lawsuit - Allied found liable for nearly $100...
Allied branches that were not FHA-approved were originating FHA loans. "Allied Capital operated ... heard that Allied Capital submitted ... in 2011. Related: Allied Loses Lawsuit Against
Subprime RMBS Settlement at Ally - Deals marketed by Ally Securities at issue...
It served as the lead underwriter on the deals. Ally ... announcement. Ally issued ... former subsidiary, Residential Capital LLC , and ResCap subsidiaries. Ally Financial profile
Mortgage Exec Appointments Include C-Suite Jobs - Recent executive activity | Oct....
Homeward Residential and GMAC Residential Finance Group. Monahan reportedly served as the senior human resources leader on acquisition teams for a number of acquisitions,
114-Year-Old Bank Fails - Recent mortgage-related closing activity | Sept. 26...
Banking Department seized Allied Bank and closed ... Arkansas, financial institution. Allied Bank, which was ... failure this year. Including Allied Bank, Mortgage Daily has
Mortgage CMOs, GSE Director Appointed - Recent mortgage executive activity | Sept ...
Mortgage Corp. and Residential Capital LLC . next story back to current headlines Sam Garcia founded Mortgage Daily in 1998 and became its full-time publisher in 2000. Prior to
Mortgage Executives Recruited, Promoted - Recent executive appointments | Sept...
He also previously worked at GMAC Bank as well as PHH Mortgage Corp. Ditech is a subsidiary of Walter Investment. Independent Bank Corp. has appointed Patrick Ervin to the role of
How to Navigate New Jersey's Foreclosure Crisis - Steps mortgage servicers can...
Chase , Citi Residential , GMAC , OneWest Bank , and Wells Fargo ) to show cause why their pending foreclosure actions should not be suspended. (5) This resulted in a stay of all
Florida Mortgage Banker Dies - James Newmeyer sold company to Berkshire Hathaway |...
He had gotten knocked down, but he got back up," his brother said. At the 1965 homecoming game at Tropical Park, Gables trailed Southwest by one point. With 35 seconds left on the
Several Correspondent Lenders Settle With ResCap - Breach of contract actions...
Residential Capital LLC . ResCap had been ... In all, 28 Ally entities including ditech.com, GMAC Mortgage LLC and Homecomings Financial LLC filed ... also known as RFC. On Thursday, the
FDIC Wins Appeal in RMBS Case - Lawsuit filed on behalf of failed Colonial Bank | ...
CITIGROUP GLOBAL MARKETS INC., ALLY SECURITIES LLC, and MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, Defendants. Docket No. 14-3648-cv, decision on May 19, 2016 (U.S. Court
Dozens of Firms Face FHA Actions - Settlements, civil penalties and loss of FHA...
Allied First Bank, SB; $169,419 against American Home Free Mortgage, which permanently lost its FHA approval; $50,000 against Bogman Inc.; $40,500 against City First Mortgage
Senior Mortgage Managers Shuffled - Recent mortgage executive activity | April 19,...
Stein include CitiMortgage Inc., GMAC Mortgage , JPMorgan Chase & Co. and Washington Mutual Inc. Most recently, he worked at CoreLogic Inc. Stonegate Mortgage Corp. said last week
Mortgage Executives Move, Service Provider Dies - Recent mortgage executive...
She has been in the business since at least 1971 and previously worked for firms like Advanta and GMAC. Residential Home Funding issued a statement on March 21 indicating that