Richard T. Martin has joined Rogers Townsend & Thomas PC, a law firm with offices in Columbia and Myrtle Beach, S.C., to direct quality assurance efforts for the firm's Default Services section.Before joining the firm, Mr. Martin was senior vice president at Aurora Loan Services Inc., where he set strategy in areas such as loss mitigation, real estate owned, claims, and foreclosures. He also managed foreclosure and bankruptcy cases for HomEq Servicing at First Union NB and served as vice president at Resource Bancshares Mortgage Group Inc. "Mr. Martin's experience in the mortgage banking industry will greatly enhance our quality assurance processes," said Sam Waters, Rogers Townsend's chairman of the board and head of the Default Services section.
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GSE loans between 30 and 59 days late on their payments saw a 13 basis point rise in delinquency rates, while most non-agency MBS types saw annual increases.
36m ago -
New American Funding also promoted Stacy Chevalier Northwest regional vice president, and MISMO added three members to its board of directors.
36m ago -
A lawsuit claims the bureau regularly assigns higher-responsibility examination work to Black workers without corresponding pay bumps or promotions.
36m ago -
House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
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