Ken Alverson, executive vice president and chief administrative officer of American Home Mortgage Investment Corp., has left the company, MortgageWire has learned.American Home spokesman John Lovallo declined to comment on Mr. Alverson's departure, saying, "it's against public company policy to comment on personnel." No information was available on when Mr. Alverson joined the mortgage banker. Mr. Alverson could not be reached for immediate comment. Based in Melville, N.Y., American Home is the 22nd-largest residential lender in the U.S.
-
In an interview, Candor Technology's Sara Knochel recounts how she applies her childhood interest in languages and numbers to crucial home lending issues.
3h ago -
The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.
March 27 -
The lender accused its former leader of compromising its Fannie Mae seller/servicer number to prevent it from delivering loans.
March 27 -
Equity is entitled to a little over $70,000 worth of damages.
March 27 -
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
March 27 -
Deferrals are up but still haven't outpaced loan modifications in conservatorship-era foreclosure prevention, according to the Federal Housing Finance Agency.
March 27