Mark Sofyanos has been named national sales manager of Cleveland-based KeyBank Mortgage, a division of KeyBank NA's Community Bank.Before joining Key, Mr. Sofyanos served as a senior vice president and regional manager for Countrywide Home Loans in Chicago. He has also held national management positions with ABN Amro Mortgage and PNC Mortgage Corp. of America, both in Chicago, and with National City Bank in Columbus, Ohio, KeyBank said. KeyCorp, the parent company of KeyBank, can be found on the Web at http://www.key.com.
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About 43% of Americans upgraded their homes last year, and 33% plan to remodel in the next year, according to a recent survey from Redfin.
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Sun Belt states saw a noticeable surge in liens filed last year, with Florida accounting for 17% of the national total, according to Benutech.
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CEO Tim Spence said folding in the acquired bank has gone to plan so far, but the biggest point of risk is still on the horizon.
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Surge, which claims to serve some of the nation's larger wholesale players, said the lender's behavior was reminiscent of its spat with Black Knight.
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Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals.
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SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.
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