J. Gregory Harrington has been named president of First American International Services Group, a new division of The First American Corp., Santa Ana, Calif., that will provide offshore services to the mortgage industry.Mr. Harrington was most recently senior vice president of strategic product development at the parent company. He was previously employed for 13 years at J.P. Morgan Chase, rising to the position of senior vice president of mortgage operations, First American said. First American can be found on the Web at http://www.firstam.com.
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Despite high rates and the "locked-in" effect, many Gen Z and millennial homeowners want to bring down their monthly mortgage payments
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
June 22 -
Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
June 22 -
Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
June 22 -
William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
June 22 -
The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
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