Mike Perlman has been named executive vice president for operations and technology at Freddie Mac.Mr. Perlman will be responsible for managing the largest segment of Freddie Mac's business operations, including all its mortgage origination and servicing, investment and capital markets operations, and information systems divisions. He was most recently a managing director at Morgan Stanley and developed the operations and technology infrastructure supporting its Fixed Income and Global Operations divisions, Freddie Mac said. Before joining Morgan Stanley in 1997, Mr. Perlman had been a founding partner at AT&T Solutions' Financial Services Group and a partner in the Washington, D.C. and New York offices of Deloitte & Touche.
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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.
9h 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.
9h 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.
11h ago -
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