A longtime former rating agency residential mortgage-backed securities analyst has joined Digital Risk LLC in a move the company said reflects expansion plans in line with a renewed emphasis on private-sector involvement within the secondary mortgage market. Jenine Fitter, who most recently was vice president of sales, data/analytics and risk management solutions with First American CoreLogic (BasePoint Analytics), New York, is now senior vice president, client solutions at Digital Risk. Previous to joining First American, Fitter was a director in Standard & Poor's residential mortgage group and for 10 years prior to that she was a senior director in Fitch's residential mortgage group. In her new post, her focus will be on originators that use analytics as well as bond buyers and other securitization market participants.
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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.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
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