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Hilco Real Estate, Northbrook, Ill., said that Joel Schneider has joined the company as senior vice president, dispositions.
February 15
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Allonhill, an independent third-party review firm specializing in mortgage due diligence and credit risk management, hired Lorie Helms as chief technology officer.
February 14
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For the moment, the job of ensuring that the nation's largest bank servicers comply with the terms of last week's mammoth mortgage settlement falls on just one man.
February 14 -
Veritas Funding, Salt Lake City, appointed Lance Miller as its new general counsel and vice president of compliance.
February 13
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Larry Fink, chairman and CEO of BlackRock Financial, is nobody's fool - not by a long shot. He cut his teeth at First Boston many moons ago, helped shape the MBS market, and then went on to create a financial services powerhouse: BlackRock
February 10
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Although many megabanks have thrown their correspondent networks overboard, there's a new entrant in the sector: Impac Mortgage Holdings, Irvine, Calif., a once high flying 'alt-A' lender that survived the housing crash and rebuilt itself.
February 10 -
Fannie Mae has hired Wells Fargo mortgage executive Anthony 'Tuck' Reed as a senior executive in charge of customer strategy and support in its single-family business, according to colleagues who have been briefed on the matter.
February 10 -
Veritas Funding, Salt Lake City, named Chris Maturo vice president of sales and business development.
February 10
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The $25 billion 'robo-signing' settlement with the five mega-servicers includes a new set of servicing standards - and a mortgagor's ‘Bill of Rights' - to prevent future processing and foreclosure abuses.
February 10 -
Holliday Fenoglio Fowler said that Nicholas Matt has rejoined the firm as a managing director in its Pittsburgh office.
February 9
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Wendover Consulting Inc., the Greensboro, N.C. company founded by reverse mortgage guru Jeff Taylor, has beefed up its management team with three new hires.
February 9 -
The board of directors of the American Legal Financial Network, St. Louis, said that William LeRoy has resigned as CEO and president of the ALFN in order to pursue other opportunities.
February 8
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HomeStreet Bank, Seattle, is in the throes of hiring dozens of loan officers who worked at MetLife Home Loans and anticipates that in time it will hire north of 160 workers.
February 7 -
Maverick Funding Corp., Parsippany, N.J. has hired away Joshua Shein, the CEO of reverse lender Great Oak Lending who brings with him to his new employer roughly 30 employees including 11 loan officers.
February 7
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Senate Minority Leader Mitch McConnell and 38 other Republicans are pledging to file a court brief supporting any legal challenge to the recess appointment of Richard Cordray to the Consumer Financial Protection Bureau.
February 7 -
CMG Mortgage Insurance Co., San Francisco, named Pete Pannes senior vice president and general manager.
February 6
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Wholesale lending is back! OK, not exactly. Citigroup announced its exit from the channel this past week and some trade journals - not knowing their stuff - seemed to think it was the biggest story since the Hindenburg disaster. Wholesale only accounted for 9% of Citi's production.
February 3 -
Barbara Desoer, the president of Bank of America's home loans division who was once considered a possible successor to former Chief Executive Ken Lewis, will retire at the end of February, B of A said Friday.
February 3 -
It appears that possible salary and bonus caps at the GSEs are not hurting the recruiting efforts of at least Fannie Mae.
February 3 -
Kinecta Federal Credit Union, Manhattan Beach, Calif., hired Scott Houp as director, national correspondent wholesale loan production.
February 3
