Doug Mayers has been named vice president and director of financial institution partnerships for the Correspondent Services Division of IndyMac Bank, Pasadena, Calif.An 18-year industry veteran, Mr. Mayers will be responsible for managing loan acquisitions and business development with financial institutions on a nationwide basis, said IndyMac Bancorp, the bank's parent company. Mr. Mayers was previously a regional sales executive for BayView Financial Trading Group, vice president in secondary marketing at Countrywide Home Loans, and a customer account manager at Fannie Mae. IndyMac Bank, a technology-based mortgage lender, can be found on the Web at http://www.indymacbank.com.
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Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
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Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
July 7 -
The HomeSafe Second product is now available in more than one third of all states, according to the reverse mortgage specialist.
July 7 -
The Department of Housing and Urban Development agreed to do more to manage due-and-payable obligations contingent on the availability of certain resources.
July 7 -
The ex-housing official is returning to a previous employer with the aim of helping guide the firm through an evolving landscape in federal policy.
July 7 -
A $160 million deal to merge Hometown Financial Group subsidiaries and Primary Bank will lead to consolidation under a single brand name of TruNorth.
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