Peter R. Fisher, a former undersecretary for domestic finance at the U.S. Treasury, has joined investment management firm BlackRock Inc. as a managing director.Mr. Fisher was previously active in mortgage and government-sponsored enterprise issues while working for the Treasury Department. He left that post in early October. Before joining the Treasury, he was an official with the New York Federal Reserve Bank. BlackRock, which manages assets on behalf of institutional and individual investors worldwide, is majority-owned by The PNC Financial Services Group Inc. and by BlackRock employees. It can be found online at http://www.blackrock.com.
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The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
9h 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.
10h 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.
10h ago -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
10h 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.
11h 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.
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