Jim Miller, a former managing director at J.P. Morgan Chase, has joined First American Information and Outsourcing Solutions as managing director of operations for the company's outsourcing and technology business lines. In his new role, Mr. Miller will be responsible for the unit's seven businesses, which include national default outsourcing, national claims outsourcing, loss mitigation services, loan production solutions, real estate owned servicing, default technologies and global offshore services. Mr. Miller has nearly 25 years of experience in prime, nonprime, and home equity servicing. He managed J.P. Morgan Chase's default servicing operations for the past three years.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
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