FNC Inc., a real estate collateral technology provider based in Oxford, Miss., has hired Glen Evans as president. Most recently, he was a senior vice president at FTN Financial, a subsidiary of First Tennessee Bank. Mr. Evans, who has been in the business for 25 years, will report directly to FNC CEO and co-founder, Bill Rayburn. "FNC has grown beyond its start-up phase," Mr. Rayburn said. "Glen's background and industry knowledge will help us expand our mortgage clients and our business." FNC's new president previously ran FTN Financial's correspondent services division. The company said Mr. Evans' primary goal will be to help the firm meet its revenue goals.
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Panorama Mortgage Group's channels each had a different name, and SimplyPMG reflects a new emphasis on straightforwardness, said Hector Amendola, president.
May 29 -
The new unit, renamed XedaLink, will serve some of Xactus' direct competitors in the consumer reporting agencies space through a different platform.
May 29 -
The FHA published a request for information in the Federal Register Friday, looking for stakeholder comment on how to improve and modernize property standards.
May 29 -
Some international investors, who represent roughly 20% of Ginnie's market, are gravitating to real estate mortgage investment conduit securities.
May 29 -
The total delinquency rate rose 0.2 percentage points annually in March, with the share of loans 90 days late rising out of the range they were in since 2024.
May 29 -
The test of automated risk assessments for government-sponsored enterprise-eligible mortgages are designed to help determine when waivers might be possible.
May 29







