Julie A. Rousselow has been promoted to senior vice president of financial operations in the National Loan Administration servicing unit of GMAC Mortgage Corp., Horsham, Pa.The company also announced the hiring of Robert F. Hopson as director of property preservation and valuation in the servicing unit. Ms. Rousselow, who has been with GMAC Mortgage for nearly 20 years and held a number of financial positions, was most recently vice president of cash operations. Mr. Hopson was most recently a default manager for Cendant Mortgage Corp.'s foreclosure, bankruptcy, and property preservation departments. He has also held positions at CitiMortgage and Wendover Financial Services. GMAC Mortgage can be found online at http://www.gmacmortgage.com.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
6h ago -
Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
6h ago -
Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
9h ago -
Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
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The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
June 23 -
The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
June 23







