Freddie Mac has officially named Raymond G. Romano as the company's chief credit officer, responsible for enterprise-wide credit risk management activities. Mr. Romano has served as senior vice president of credit risk oversight since he joined the company in 2004. In September 2008, Mr. Romano also assumed the role as acting chief credit officer while the company conducted a nationwide search for the position. Prior to joining Freddie Mac, Mr. Romano served as senior vice president and chief credit officer and in other executive positions at different financial institutions including North American Mortgage Company, Dime Savings Bank of NY, and with Citicorp's Investment Bank.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
28m ago -
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
1h ago -
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
2h ago -
The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
3h ago -
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
4h ago -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
4h ago









