Conrad Vasquez has been named executive vice president of operations at Clayton Holdings Inc., a Shelton, Conn.-based information and analytics company serving the debt markets. Mr. Vasquez, a 25-year industry veteran, will be responsible for the day-to-day operations for Clayton's due diligence and surveillance businesses and will focus on increasing operational productivity, improving service quality, and expanding product offerings, the company said. Mr. Vasquez joins Clayton after five years with Washington Mutual, where he was most recently an executive vice president and head of retail bank operations. He previously held executive positions at Advanta Bank Corp., First USA, Household Finance, American Express, and Sears.
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More depositories are getting involved in the securitized market and the competition is likely to add to expense management challenges of smaller balance loans.
4h ago -
Seller-impersonation attempts more than doubled in two years, with artificial intelligence providing fraudsters new tools to commit crimes, a report said.
5h ago -
Homebuyers who are preapproved have the best opportunity to take advantage of fall discounts, giving lenders an opportunity to roll out marketing around this.
6h ago -
Bank of America upped its forecast for non-qualified mortgage issuance, with investors, particularly insurers, buying these and other non-agency securities.
8h ago -
NAF Insurance customers save $719 on average, Phil Miller, senior vice president of strategic partnerships at New American said.
September 14 -
Polling suggests that Democrats could retake control of the House and have a formidable shot at the Senate as well. If they win both chambers, oversight of bank regulation, crypto and Trump administration officials will be the name of the game.
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