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.
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
5h ago -
Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
10h ago -
Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
11h ago -
William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
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The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
June 22 -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
June 22









