Enterprise lending software vendor Mortgage Cadence Inc., Denver, has added Michael Hammond to its executive team as chief marketing officer.Mr. Hammond has nearly 15 years of experience in brand building, product launches, and developing marketing and sales strategies. Before joining Mortgage Cadence, he worked as vice president of business strategy for Martopia, a mortgage marketing and public relations firm. Mr. Hammond previously worked for nine years as director of sales and marketing for loan origination system vendor Dynatek. In addition, Mr. Hammond is one of only 50 individuals to earn the Certified Mortgage Technologist designation from the Mortgage Bankers Association. Mortgage Cadence can be found on the Web at http://www.mortgagecadence.com.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
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Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
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A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
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The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
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The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
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Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
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