The U.S. Department of Housing & Urban Development (HUD) is charging Bank of America with discriminating against homebuyers with disabilities See original article: HUD Charges Bank of America With Discrimination Against Disabled Homebuyers … [Read more...]
Karyn Wilson Joins PrimeLending as SVP of Mid-Atlantic Region
February 20, 2012 by
PrimeLending, a PlainsCapital Company and Dallas-based residential mortgage originator, has announced the addition of Karyn Wilson as senior vice president, regional manager, Mid-Atlantic region. Wilson has more than 30 years of mortgage industry experience and a solid history of growing markets, … [Read more...]
Mark Schulenburg Joins Inlanta Mortgage as Branch Manager
February 15, 2012 by
Inlanta Mortgage has announced the addition of Branch Manager Mark Schulenburg to its Oak Brook, Ill. View article: Mark Schulenburg Joins Inlanta Mortgage as Branch Manager … [Read more...]
Saturday Lender Updates, Gossip and Interesting Letters from the Trenches
February 11, 2012 by
Posted To: Pipeline Press On the heels of the State of the Union address, the MBA has issued its annual State of the Mortgage Industry release, and the assessment is generally positive . The consensus was that states hit hardest by the housing crisis will continue to deal with the aftermath but that … [Read more...]
Government Closes $1 Billion False Claims Act Settlement With Bank of America
February 9, 2012 by
As part of the settlement between the U.S. and the five largest mortgage servicing banks in the country, Loretta E View the original here: Government Closes $1 Billion False Claims Act Settlement With Bank of America … [Read more...]
Scott Houp Joins Kinecta as Director of National Correspondent Wholesale Loan Production
January 25, 2012 by
Kinecta Federal Credit Union has announced the hiring of Scott Houp as director, national correspondent wholesale loan production. Follow this link: Scott Houp Joins Kinecta as Director of National Correspondent Wholesale Loan Production … [Read more...]
Mortgage Capital Trading Adds Ben Itkin
December 23, 2011 by
MCT Trading Inc. (MCT) has announced that it has hired Ben Itkin as senior trade desk executive where he will be responsible for co-managing MCT’s Trading Desk operations along with Head Trader and Chief Operating Officder Philip Rasori, as MCT continues to expand its team of mortgage traders due … [Read more...]
Bank of America Targeted in Myrtle Beach Fraud Indictment
October 27, 2011 by
U.S. Attorney Bill Nettles has announced that Robert Daniel Kelly of Branford, Conn., has pled guilty before U.S. Read More: Bank of America Targeted in Myrtle Beach Fraud Indictment … [Read more...]
FHFA Report Uncovers Its Own Mishandling of $2.87 Billion GSE-BofA Settlement
September 28, 2011 by
The Federal Housing Finance Agency (FHFA), the conservator of the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, has released a report stating that it failed to properly oversee settlements between the GSEs and Bank of America regarding a $2.87 billion repurchase … [Read more...]
Churchill Mortgage Adds Industry Vet to Bolster Its Operations in Tennessee
September 21, 2011 by
Churchill Mortgage has announced Don R. Excerpt from: Churchill Mortgage Adds Industry Vet to Bolster Its Operations in Tennessee … [Read more...]