Todd Moncrief has joined Advectis Inc., an Atlanta-based electronic collaboration and workflow vendor, as vice president of business development.Mr. Moncrief has more than 14 years of experience in mortgage lending and technology systems. In his new position, Mr. Moncrief will be responsible for the development and management of Advectis' BlitzDocs networked provider and partner relationships, as well as creating product strategy for BlitzDocs Collaboration Suite and Advectis' electronic mortgage initiatives. Mr. Moncrief is coming to Advectis from Fiserv Lending Solutions, where he was the national sales executive for electronic lending. Prior to Fiserv, he was vice president of sales and business development at SwiftView, which was acquired by eLynx. Advectis can be found on the Web at http://www.advectis.com.
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According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
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Leaders of ORNL Federal Credit Union are piloting Zest AI's new artificial intelligence-powered assistant to ensure equitable underwriting practices and measure performance against similar institutions.
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McCargo stabilized the agency at a crucial time as she helped navigate it through both a pandemic and subsequent dramatic interest-rate cycle change.
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The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.
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The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.
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The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
April 18