Teji Singh and Melinda Napoli have been named executive vice presidents at EMC Mortgage Corp., Lewisville, Texas. Ms. Singh will concentrate on the development of EMC's proprietary servicing default system and will be based out of the company's office in Irvine, Calif., EMC said. She has more than 17 years of mortgage and financial industry experience and previously served as EVP and chief loan administration officer for ResMae Mortgage Corp. and senior vice president and chief servicing officer at Option One Mortgage Corp. Ms. Napoli, also based in Irvine, will focus on re-engineering the operation of EMC's real estate owned department, the company said. Ms. Napoli previously served as SVP of continuous improvement at ResMae and held various posts with Option One, First Union Bank, and Associates Financial Services. EMC also appointed Katherine "KC" Reynolds vice president in the company's Customer Relations Division. The company can be found online at http://www.emcmortgage.com.
- AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18










