Rob Cone has been hired as managing partner of the reputation risk practice in the mortgage origination and servicing areas for Imag, a New York-based consulting firm.Mr. Cone has 24 years of experience in the international capital markets as a trader, salesman, and manager of risk products and people, according to Imag, which provides practical advice on reputation risk issues in the financial services industry. Mr. Cone is a former president of National Australia Capital Markets. "The mortgage industry has been tarnished by recent predatory lending and financial accounting scandals and is in dire need of the reputation risk tools and solutions that Imag provides," said Imag president Gary Peterson. The company can be found online at http://www.imagny.com.
-
The government guarantor aims to distinguish delinquencies reported as a result of a Federal Housing Administration rule change from broader market trends.
April 24 -
The Long Island-based regional bank, which has been in turnaround mode for two years, reduced its earnings per share guidance for 2026 and 2027. It cited an expected decrease in net interest income due to higher levels of payoffs and paydowns in commercial real estate.
April 24 -
Delinquencies also showed signs of overall improvement in March, despite an increase in foreclosure numbers, ICE Mortgage Technology said.
April 24 -
But in its earnings release, parent company Hilltop Holdings warned its full year 2026 results are going to be impacted by things outside of its control.
April 24 -
U.S. Attorney for the District of Columbia Jeanine Pirro said in a social media post Friday morning that the Justice Department is closing its investigation into Federal Reserve Chair Jerome Powell, clearing a path for Kevin Warsh to be confirmed as Powell's replacement.
April 24 -
The bank denied Black, Latino and Asian mortgage applicants roughly twice as frequently as white applicants in North Carolina, according to a study from the Americans for Financial Reform Education Fund.
April 24










