Julie Joseforsky has been named president of Key Mortgage Services, a component of Cleveland-based KeyBank's consumer finance unit, and Marc Rittenhouse has been named president of Secolink Settlement Services, a unit of Key Mortgage.Ms. Joseforsky was most recently the chief administrative officer of Key Consumer Finance. She previously held positions as director of direct lending and director of compliance for Household International, KeyBank said. Mr. Rittenhouse was most recently senior vice president of operations for ATM Corp. of America. KeyBank's parent company, KeyCorp, can be found on the Web at http://www.key.com.
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The founder who was recently ousted as CEO said he wants to return the company to its positive trajectory, after last week's shakeup battered its stock price.
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The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
August 13 -
While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
August 13 -
The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
August 13 -
More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
August 13 -
For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
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