Eric Spence has been named executive vice president of national production, prime lending, at Countrywide Financial Corp., Calabasas, Calif.Mr. Spence will be responsible for the production and market share growth of the Wholesale Lending Division, the company said. A 19-year veteran of the mortgage industry, Mr. Spence was most recently EVP for the western division of Countrywide's wholesale branch system. He was previously EVP of production at Washington Mutual. Mr. Spence was also senior vice president for WaMu's Wholesale Lending Division, and was SVP of wholesale lending for American Savings Bank before it was acquired by WaMu. "Eric's promotion brings greater collaboration and synchronization across the wholesale lending channel, with the West, Central, and East divisions now operating their sales efforts under the guidance of a single executive," said Brian Robinett, managing director of prime lending for Countrywide wholesale lending. Countrywide can be found online at http://www.countrywide.com.
-
Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
2h ago -
Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
2h ago -
The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
5h ago -
The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
6h ago -
Freedom alleged the executive, who was at the company for nine months, used proprietary data to build his own product he expected to net more than $1 million.
9h ago -
Despite high rates and the "locked-in" effect, many Gen Z and millennial homeowners want to bring down their monthly mortgage payments
10h ago






