Mortgage Daily Logo

Executive Changes in Mortgage Boardrooms, C-Suites

Mortgage News

During the past week, there have been boardroom changes at a mortgage servicer and government-sponsored enterprise. One firm appointed an interim chief financial officer.

A March 17 statement from the Federal Home Loan Mortgage Corp. indicated that
Raphael W. Bostic has notified the company he will resign from the board of directors.

McLean, Virginia-based Freddie Mac noted that Bostic is leaving on May 31 to take over as president and chief executive officer of the Federal Reserve Bank of Atlanta.

At Ocwen Financial Corp., Robert J. Lipstein has joined the board of directors. In addition, Ronald J. Korn has notified Ocwen’s board that he won’t stand for re-election.

Amar R. Patel has been appointed executive vice president and interim chief financial officer by Nationstar Mortgage Holdings Inc., a statement Wednesday said. He fills the void left by the departure of Robert Stiles.

Patel has been with the Coppell, Texas-based company since 2006. He was promoted from his role as executive vice president of portfolio, which he began in 2011.

The new regional vice president of business development at Inlanta Mortgage is David Williams, a announcement today said. His more than three decades in the business included time at WR Starkey Mortgage LLP and U.S. Mortgage Co.

Pacific Union Financial LLC reported Tuesday that Jeremy Walker has been hired as retail regional vice president.
He’ll oversee the branch network in the Southeast. During his more than 20 years in the industry, Walker employers included Bank of America Home Loans and BB&T.

Related Posts

NewDay USA CEO Rob Posner Expects 10% Increase in 2019 Mortgage Loan Volume

There is No Such Thing as a Free House …

Over the past several years, those who service loans in the State of Washington(1) have seen a dramatic rise in the number of lawsuits in which delinquent borrowers seek to quiet title to their homes on the grounds that lenders are barred from foreclosing based on...

NewDay USA CEO Rob Posner Expects 10% Increase in 2019 Mortgage Loan Volume

Mortgage Servicer Portfolios

servicing news | mortgages outstanding statistics | foreclosure news   Servicing Portfolios as of 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 Residential Servicing Portfolios by Servicer Last Updated December 14, 2018...

NewDay USA CEO Rob Posner Expects 10% Increase in 2019 Mortgage Loan Volume

Fannie Mae Profile

Last Updated December 27, 2018 7:38 PM Central   full list | other directories | bank search | SEC filings | execs | m&a | production   Government Takes Over Fannie, Freddie Sept. 8, 2008 The government has seized control of Fannie Mae and Freddie Mac. The move --...

NewDay USA CEO Rob Posner Expects 10% Increase in 2019 Mortgage Loan Volume

Freddie Mac Profile

Government Takes Over Fannie, Freddie Sept. 8, 2008 The government has seized control of Fannie Mae and Freddie Mac. The move -- which is likely to push mortgage rates lower and provide a sense of stability for the more than 10,000 employees at both companies -- is a...

Popular posts

How Long Does It Take to Refinance a Mortgage
How Long Does It Take to Refinance a Mortgage

So, you’re interested in refinancing your mortgage. Maybe you want some extra capital to do that home project you’ve always dreamed of, interest rates are nearing record lows, or you want to start consolidating debt. Regardless of the motivation behind the refinance,...

How Does Refinancing a Mortgage Work
How Does Refinancing a Mortgage Work

A home purchase is considered an investment, and a robust one at that. Savvy owners are constantly looking for new ways to reduce debt, save money, pay less in interest, and ultimately build equity. Refinancing is one way to leverage your investment and do just that....

What Does It Mean to Refinance Your Home
What Does It Mean to Refinance Your Home

You can think of refinancing your mortgage as a debt redo. Essentially, you’ll swap out the existing loan for a new one - ideally with better terms and conditions. Only this time it could help you save money on high mortgage payments, rather than just borrow it....

Setting up the Utilities in My New House
Setting up the Utilities in My New House

All the tedious, time-consuming home closing documents have been signed, sealed, and delivered. Your belongings are packed into what seems like a million boxes and you have a solid plan to haul all your existing furniture to the new place. Just as your boxes and...

When Is My First Mortgage Payment Due?
When Is My First Mortgage Payment Due?

Navigating your way through a brand new mortgage loan can be a difficult task, especially for first time homeowners. After handing over a large sum of money for the down payment and closing costs, it’s important to pay attention to the timing of your first mortgage...

Newsletter

Don’t worry, we don’t spam