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United Realty Partners Names Longua to Advisory Board

United Realty Partners named Lawrence Longua to the firm's advisory board. Longua is currently a full-time clinical associate professor in the masters of real estate program at New York University's Schack Institute of Real Estate.

Wendover Consulting Names Stegall Director of Audit and Compliance

Wendover Consulting Inc., Greensboro, N.C., a consulting firm focused on servicing the reverse mortgage industry, named Karen Stegall as director of audit and compliance.

PERL Mortgage Names Daly SVP, National Sales Manager

PERL Mortgage Inc. named Mark Daly senior vice president, national sales manager.

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2011 Mortgage Technology Steve Fraser Visionary Award: The Steve Fraser Visionary Award is a lifetime achievement award that recognizes the accomplishments of an outstanding mortgage technology innovator, visionary or evangelizer. Here are the finalists for the 2011 award.

By Kate Berry

JAN 25, 2012 10:54am ET

Citigroup Will Buy Only 'Low-Risk' Mortgages-Memo

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Citigroup Inc. will no longer purchase "medium or high-risk" loans that could result in buyback requests from Fannie Mae or Freddie Mac, in the bank's latest effort to improve the quality of mortgages it buys from correspondent lenders, according to an internal memo obtained by American Banker.

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