Joe Anderson, senior managing director in charge of Countrywide's consumer markets division, has left the company.A Countrywide spokesman confirmed to MortgageWire that Mr. Anderson parted ways with the Calabasas, Calif.-based mortgage giant, the nation's largest overall home funder and second-largest retailer. (Mr. Anderson oversaw the company's retail effort.) The spokesman said he left Countrywide this spring and was replaced by Brian Hale, who was the No. 2 executive in consumer markets.
-
The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
August 12 -
The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
August 12 -
Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
August 12 -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
August 12 -
Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
August 12 -
In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
August 12








