National Mortgage News

People

Jason Griggs was appointed seniro loan officer for the Rochester, Minn., of Bell Mortgage.

Jason Griggs Named Senior Loan Officer at Bell Mortgage

Griggs will provide customers of the Fargo, N.D.-based financial institution with tools and information to be able to navigate the ever-changing mortgage landscape.

Origination

Obama Said Not to Have Begun Search for Bernanke Replacement

Amid speculation over who will succeed Ben Bernanke as Federal Reserve chairman, there are no signs that President Barack Obama has begun a formal search.

Sabal Launches Third Party Servicing

Newport Beach, Calif.-based diversified financial services provider Sabal Financial Group, L.P. is expanding into third party servicing, special servicing and construction loan administration nationwide.

Stonegate Mortgage Expands Operations into Illinois

Stonegage Mortgage's new office will be located in Oak Brook, Ill., and will focus on loan servicing and originations.

FDIC Announces Key Personnel Changes

The Federal Deposit Insurance Corp. has appointed Arthur Murton to be the new director of the Office of Complex Financial Institutions.

WFG Acquires a Nevada Title Agency

1st Reverse Mortgage USA Adds Corporate Training Coordinator

SFIG Hires Leo, Falcon as Advisors

Fannie Gets New Chief Credit Officer

Stonegate Adds Three to Senior Management Team

Mortgage Master Opens Seventh Connecticut Branch

MBA Nominates Bill Emerson as 2014 Vice Chair

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

Mike Zwerner Joins ServiceLink as SVP of Corporate Development

ServiceLink said that Mike Zwerner has joined the company as senior vice president of corporate development.

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