AllRegs, an Eagan, Minn.-based online publisher of mortgage reference information, has begun the search for a new president/chief operating officer as a result of a consolidation of ownership by co-founder Glenn Ford."We're looking for a seasoned professional to take over the operational responsibilities of what is already a very successful company," said Mr. Ford, who was recently named chairman and chief executive officer. The company also announced the promotion of Douglas Smalley to vice president and chief technology officer and the reorganization of its advisory board. The following members have been added to the advisory board: David Matthews, former president of RBC Mortgage; Scott Cooley, founder of Contour Software; Joseph Doyle, president of TCF Mortgage; and Terry Schopfer, president of TenA Cos. AllRegs can be found online at http://www.allregs.com.
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Fannie Mae and Freddie Mac's portfolios were collectively $10 billion larger than in January, spurred in part by their mortgage-backed securities directive.
March 28 -
Employers who use Nayya's agentic AI platform can provide Foyer, a dedicated 401(k) for homeownership, as a benefit that helps its employees buy a home.
March 27 -
The latest rise in property tax collections at the end of last year continued a nine-quarter streak of increases, according to the National Association of Home Builders.
March 27 -
Lowering minimum standards and using a 2018 proposal as a basis for change may be the quickest path, according to Donald Layton, Freddie Mac's CEO from 2012 to 2019.
March 27 -
The real estate investment trust declared an all-cash offer of $10.80 per share from CrossCountry superior to the fixed stock exchange ratio bid from UWM.
March 27 -
In three separate appearances Thursday, Fed Gov. Lisa Cook, Gov. Michael Barr and Vice Chair Philip Jefferson said they are worried that U.S. involvement in the war with Iran could drive up inflation, leading them to conclude that interest rates should remain steady in the near term.
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