Freddie Mac has formed what it calls "a new customer-focused leadership team" in its Single Family Lending Division.Charles Coulter was promoted to vice president for national lending, while Iliana Ghanem was named vice president for community lending and John Britti was named vice president for regional lending. "This enables Freddie Mac to be even more precise with the delivery of the right products, services and technology to our different lender customers," said David H. Stevens, senior vice president of single family lending, to whom the trio will report. Mr. Stevens said the account managers in the regional lending group now have a smaller set of customers, enabling them to foster more personal business ties. Freddie Mac can be found online at http://www.freddiemac.com.
-
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
10h ago -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
10h ago -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
10h ago -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25 -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25