Douglas S. Ashe has been named chief executive officer of AssetLink LP, a real-estate-owned/asset management company, and executive vice president of business development and strategic planning for ServiceLink, AssetLink's parent company.ServiceLink is a centralized loan closing management company headquartered in Aliquippa, Pa. AssetLink said Mr. Ashe is a nationally recognized authority in the REO industry who has been president of Clayton National Inc., a third-party special servicer, and of Prudential Asset Recovery, a third-party residential REO management company. He will report to ServiceLink CEO Jeff Coury, and Ken Westfall will remain president of AssetLink. "ServiceLink redefined the settlement services industry in a very short period of time, and AssetLink has set out to do the same in the REO business," Mr. Ashe said. AssetLink can be found online at http://www.assetlinklp.com.
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The Office of Management and Budget issued reduction in force notices to Treasury staff working in the Community Development Financial Institution office Friday, saying that the layoffs are necessary to "implement the abolishment" of the fund.
October 10 -
The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation.
October 10 -
While technology has become an important channel for information among homebuyers, many still see real estate agents as smarter than any other resource.
October 10 -
Onity adds former Meta exec as director, Click n' Close taps industry veteran as president while banks and credit unions boost their mortgage teams.
October 10 -
The regulator recently nixed Obama and Biden-era guidance for the Office of Fair Housing and Equal Opportunity and apparently reduced staff.
October 9 -
Total mortgage origination volume is forecasted to barely eclipse $2 trillion by the end of the year for the first time since 2022, iEmergent said.
October 9