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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The company that the global firm is investing in owns a U.S. mortgage correspondent business and another domestic lender that does business with brokers.
32m ago -
The Consumer Financial Protection Bureau has finalized changes to Regulation B, which implements the Equal Credit Opportunity Act, to eliminate any liability for indirect discrimination by lenders. The change represents a major shift in how the agency polices lending discrimination.
2h ago -
The company will be using a simplified name and a new logo it says shows its unified business model, but its longstanding tagline will stay in place.
4h ago -
The investment property owner says she was stonewalled and humiliated by BofA's loan officers, and that an error-riddled appraisal was short by over $70,000.
7h ago -
An independent auditor raised "substantial doubt" about the company's viability as it may not be able to extend forbearance deadlines on massive debts.
7h ago -
The new law adds rules, including counseling requirements, which would put severe constraints on originations of HEIs, an industry representative said.
April 21







