GMAC Mortgage, Horsham, Pa., has announced the recent appointment of two chief operating officers and a chief financial officer.Ralph Hall has been named chief operating officer for business operations, and will oversee GMAC Bank, business lending, capital markets, and information technology, the company said. Jim Hillman has been named COO for consumer operations, overseeing consumer lending, national loan administration, and servicing assets. The new CFO is Dave Bricker. GMAC Mortgage also announced the appointment of Jim Whitlinger as senior vice president and chief accounting officer, and Scott Griffith as vice president and managing director of servicing valuation and analytics. The company can be found online at http://www.gmacmortgage.com.
-  
The inspector general's office, responsible for overseeing the regulator, now sits vacant amid Director Bill Pulte's swift changes and numerous fraud probes.
3h ago -  
The agreement, if approved by a federal judge, would end litigation over two distinct cybersecurity incidents in 2021 which affected over 2 million customers.
3h ago -  
The Consumer Financial Protection Bureau has seen a rapid drop in the effectiveness of its cybersecurity program, according to a new report from the Fed's Office of Inspector General.
4h ago -  
Now that quantitative tightening is ending, the debate on who should be the MBS buyer of last resort, Fannie Mae and Freddie Mac, or the Fed, is taking hold
4h ago -  
In her first public appearance since President Trump moved to fire her from the Federal Reserve Board of Governors, Fed Gov. Lisa Cook reiterated her commitment to bringing inflation under 2% and said that the labor market remains "solid."
5h ago -  
Refinancing pushed mortgage originations higher as rates eased, and home equity lending kept growing, but rising delinquencies signal mounting borrower stress.
5h ago 





