Pamela Dent has been hired as a senior vice president to manage the Global Services Surveillance Group of Capmark Finance Inc., Horsham, Pa. Ms. Dent was previously a senior vice president at Moody's Investors Service, where she most recently supervised the surveillance group for commercial mortgage-backed securities and commercial real estate collateralized debt obligations. Capmark can be found on the Web at http://www.capmark.com.
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.
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
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.
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.
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
