Digital Mortgage Direct Page

The San Francisco bank is said to be exploring strategic options that include a sale, according to people familiar with the matter. The firm is also weighing options for shoring up liquidity, some of the people said.

Merrilee Matchett is the head of Global Customer Service & Operations and a member of the  Strategic Advisory Group for MetLife. In this role, she directs a team of more than 10,000 associates responsible for managing the operations and servicing teams that support and enable the U.S. Group Benefits, Retirement & Income Solutions, MetLife Holdings, and Asia, EMEA and  LATAM businesses across more than 40 global markets. She is also the Chairperson of  MetLife Europe, and MetLife Europe Insurance. 

Matchett joined MetLife in 2021 from Bank of America, where she was responsible for service  and operations for global wealth management, private banking, and institutional and personal  retirement businesses supporting more than $3 trillion in client balances. She was also the  Chairperson of Financial Data Services, LLC, responsible for the end-to-end operational  support of domestic and offshore mutual funds. 

Matchett has been an advocate for diversity and women in financial services throughout her  30-year career and has been recognized with numerous market awards for outstanding service  and operations performance. She is a member of the MetLife enterprise Diversity, Equity &  Inclusion Council, and represents MetLife on the board of INROADS, helping to provide career  pathways for talented diverse youth across the United States. 

She holds a B.A. in management with a law major from the University of Canberra, Australia.  Additionally, she is FINRA accredited and licensed to trade and run a broker dealer.

How mortgage companies with under 100 employees stacked up in this year's ranking.

There were many red flags before the California bank failed last week. Now the questions are: How did federal and state regulators assess the risks, and what actions did they take in response?

Nathan Kotler is head of trading for GenTrust, responsible for the management and oversight of the firm's multi-asset trading operations. He works closely with the CIO and asset class heads to implement bespoke investment management solutions for clients across all major asset classes, including exchange traded products, fixed income, futures and derivatives. 

Jim Besaw is principal and chief investment officer for GenTrust, responsible for oversight, selection and management of all investment-related activity across the firm's strategies and portfolios, as well as the development of all new investment strategies at GenTrust. He  co-founded GenTrust in 2011.  

Navigating challenges and what's ahead in banking regulation.

James Gelfand is president of the ERISA Industry Committee (ERIC), a nonprofit, Washington, D.C.-based organization that represents the largest employers in the U.S.

The new fees based on the DTI, which lenders have said is too likely to vary throughout the origination process for a single loan, will now go into effect in August.

More employees are needed to manage the "sizable and complex" servicing from the defunct lender.