Pamela C. Milano has been named chief product design executive for LoanMagic, the mortgage loan presentation and management program of Document Systems Inc., Carson, Calif.Ms. Milano has over 25 years of management experience in mortgage banking technology. She introduced the first point-of-sale application in the industry for Citicorp Mortgage, and served as senior vice president for Countrywide's Consumer Markets Division when Countrywide began rolling out LoanMagic to its retail mortgage loan officers in 2002, Document Systems said. In her new post, Ms. Milano will plan and direct LoanMagic's product design policies and oversee the development of products related to LoanMagic. Document Systems can be found online at http://www.docmagic.com.
-
The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
6h ago -
The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
6h ago -
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.
7h ago -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
7h ago -
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.
8h ago -
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.
9h ago








