At the first trimester meeting of 2010 of the Mortgage Industry Standards Maintenance Organization, overall attendance was at a two-year high and volunteers of the technology data standards body elected a new chairman and vice chairman. Harry Gardner, the chief strategy officer at SigniaDocs, was elected to the MISMO governance committee. Shortly after his seat on governance was secured, he also was elected chairman of the standards group, replacing Ron Duff of Fiserv. Mr. Gardner also will be the liaison between MISMO's governance body and the board. Taking on a leadership role within MISMO is actually old hat for Mr. Gardner -- he was in charge of MISMO when he served as the vice president of industry technology for MBA. Early last year, Mr. Gardner and the entire industry technology staff at MBA were laid off as MBA opted to outsource the management of MISMO to MERS instead of relying on internal, paid staff to do the job.
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CEO Tim Spence said folding in the acquired bank has gone to plan so far, but the biggest point of risk is still on the horizon.
39m ago -
Surge, which claims to serve some of the nation's larger wholesale players, said the lender's behavior was reminiscent of its spat with Black Knight.
44m ago -
Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals.
1h ago -
SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.
8h ago -
The bank's marketing, which hid the nature of its solicitations, led some borrowers to apply for cash-out refis that increased monthly payments, the OCC said.
April 16 -
While last year was the best for origination income since 2022, annual net servicing revenue for mortgage bankers was approximately 70% below 2024's level.
April 16







