National Mortgage News

People

ISGN Appoints Nancy Alley to Chief Product Officer

ISGN Corp. appointed former Xerox executive Nancy Alley as its chief product officer.

Technology

Ellington Wants to Buy Originators

Ellington Management Group is looking to get into the loan production business and towards that end it has hired former GMAC Mortgage executive Steven Abreu as head of mortgage originations.

BNY Mellon Continues to Expand

BNY Mellon Wealth Management is rolling out a two-year recruiting campaign that aims to double its wealth management sales force.

Former U.S. Bancorp Exec Joins Freddie Board

Richard Hartnack, the former vice chairman and head of consumer and small business banking at U.S. Bancorp, has joined the board of directors of Freddie Mac.

Fay Servicing Embarks in Hiring Spree of Originators

Fay Servicing is seeking to hire experienced mortgage professionals living in the greater Chicago area.

Citi Shuffle: Jane Fraser Replaces Sanjiv Das as Mortgage Chief

Churchill Mortgage Continues Staff Revamp, Growth

SIFMA Confirms Judd Gregg as CEO, Names Kenneth Bentsen President

Michael Tierney Steps Aside as Flagstar's CEO

Carrington Mortgage Services Expands Leadership Team

360 Mortgage Expanding Midwest Wholesale Activities

Caliber Opens Correspondent Channel

Jane Fraser has held various high-level posts in her nine years at Citigroup.

Jane Fraser Replaces Sanjiv Das as CitiMortgage Chief

Citigroup is replacing Sanjiv Das, the chief executive of its mortgage unit, with private bank head Jane Fraser.

Origination

Decorated Army and Marine veteran Joey Campbell cuts the ribbon at a ceremony at his home, while Sen. Martin Heinrich (left) observes. Image: FHLB Dallas.

Vet with Trouble Walking Gets Ground He Can Stand On

A total of $14,100 was granted from Kirtland FCU and the FHLB-Dallas to replace worn carpeting throughout Joey Campbell’s Albuquerque home with hardwood floors in an effort to help him avoid tripping on seams.

Servicing

Origination

Appraisals, Technology as Important as Credit Scores

In the post-crisis housing market appraisal reports are becoming as important as credit scores, requiring lenders and servicers to be more inventive with the tools they use to assess real estate value risks.

Regulation

Origination

Updating the Top Loan Officer List for 2012

Late additions and data gathering issues have added a few names to our list.

Origination

Data & Tools

Ridgewood Savings Bank Hires Kathryn Wallace

Ridgewood Savings Bank added home loan specialist Kathryn Wallace to its team of mortgage consultants.

Eric Rosemary Goes Beyond His Physical Limitations

With the right attitude, doing everything for success is possible.

Origination

These firms help bring originators on board by giving them the tools to be top producers. Credit: © Yuri Arcurs - Fotolia.com.

Operations, Referrals Aid Top Loan Officer Companies

Sales talent combined with strong operations that speed turn times and spur multiple referrals were among the reasons companies that contributed large numbers of highly-ranked loan officers to Origination News’ just-released 2012 survey were able do so, according to executives and LOs from those firms.

Origination