Countrywide Financial Corp., which is slated for sale to Bank of America, has lost its chief information officer, Richard K. Jones -- a 12-year veteran of the lender -- to technology giant Fiserv Inc. On Friday Fiserv said it had hired Mr. Jones to be its CIO and executive vice president. At Countrywide, Mr. Jones also held the title of managing director. A publicly traded company, Fiserv sells information and technology systems to mortgage lenders, servicers, and other types of financial institutions. The companies can be found online at http://www.countrywide.com and http://www.fiserv.com.
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The ex-worker who was terminated for unprofessional conduct has allegedly disparaged the brokerage and is refusing to return loan files and leads.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
August 11 -
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
August 11 -
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
August 11 -
The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
August 11 -
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
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