Alice Sorenson has been named senior vice president for loan administration of Master Financial Inc., an Orange, Calif.-based mortgage banking company that buys and services alternative lending products.She will be responsible for loan servicing, collections, customer service, loss mitigation, asset management, bankruptcy, records management, and investor operations. Before joining Master Financial, Ms. Sorenson served as senior vice president of finance and asset management at Ameriquest Mortgage Co.
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Experts have some tips for how to best employ strategies that can minimize the damage from changes in the market.
7h ago -
Bill Pulte, FHFA director, has ordered Fannie Mae to update its servicer guide to mirror Freddie Mac policy regarding notifying borrowers about dropping MI.
9h ago -
Seven of eight offices are open; debit cards are capped at $1,000 a day; and the bank's website is down. The bank has given no restoration date.
10h ago -
It will be a promotion for Jones, currently the deputy assistant secretary for single-family housing at the Department of Housing and Urban Development.
11h ago -
The Federal Housing Administration share of August new-home purchase applications hit its highest mark in three months, the Mortgage Bankers Association said.
11h ago -
While Federal Reserve Chair Kevin Warsh has sought to inject some mystery into the central bank's communications with markets, an American Banker analysis shows that officials other than the chair have been speaking more and more frequently over the last few decades.
September 15









