Lane Barnett has been named president and chief executive officer of GMAC Real Estate Franchised Offices, an operating subsidiary of GMAC Home Services, Oak Brook, Ill.Mr. Barnett was most recently executive vice president in the parent company's Support Services Group. The parent company also announced four other executive promotions. Johnny Elliott has been named executive vice president of new business acquisitions at GMAC Home Services, and Brian Peterson has been named chief financial officer of the company. Judy O'Brien has been named EVP and chief operating officer of GMAC Real Estate Company Owned Offices. And Maggie Ryan has been named senior vice president of global services for GMAC Global Relocation Services.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









