Tom Fiddler and John Manglardi have been named executive vice presidents of sales growth and development at Countrywide Financial Corp., Calabasas, Calif.The company said they will work together on strategic initiatives in Countrywide’s retail division, including enhancing technology and pricing strategies and spearheading growth in the government loan program segment. Mr. Manglardi served most recently as president of retail east sales for American Home Mortgage, where he shared sales and operations management responsibilities with Mr. Fiddler. He previously served as founder and president of First Home Mortgage, which he co-owned with Mr. Fiddler. Mr. Fiddler was most recently executive vice president for American Home Mortgage. In addition to co-owning First Home Mortgage with Mr. Manglardi, he also previously owned his own brokerage firm, Legacy Financial Inc. Countrywide can be found online at http://www.countrywide.com.
-
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
1h ago -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
2h ago -
While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
4h ago -
The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
April 24 -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
April 24 -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24