Alexander Gordon Jardin has been named chief executive officer of Franklin Credit Management Corp., a New York-based company that specializes in buying, managing, and selling subprime residential mortgage assets.Mr. Jardin, a member of the company's board, was most recently a consultant to start-up life and health reinsurance companies, Franklin said. From 2000 to 2004, he was president and chief operating officer of General USA Life Reassurance Co. and senior vice president for reinsurance at Business Men's Assurance Co., both wholly owned subsidiaries of Assicurazioni SpA, a global insurer based in Italy. Franklin can be found online at http://www.franklincredit.com.
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According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
5h ago -
Leaders of ORNL Federal Credit Union are piloting Zest AI's new artificial intelligence-powered assistant to ensure equitable underwriting practices and measure performance against similar institutions.
7h ago -
McCargo stabilized the agency at a crucial time as she helped navigate it through both a pandemic and subsequent dramatic interest-rate cycle change.
7h ago -
The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.
9h ago -
The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.
10h ago -
The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
April 18