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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The ex-worker who was terminated for unprofessional conduct has allegedly disparaged the brokerage and is refusing to return loan files and leads.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
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Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
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The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
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The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
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