Kenney Hayes has been named chief operating officer of Mortgage Banking Services Direct, a management consulting company specializing in mortgage banking, broker licensing, and lending-related technology. Ms. Hayes has 37 years of mortgage industry experience, the company said. Before joining MBSD, she developed joint venture relationships that combined mortgage operations with real estate companies in Oregon, Idaho, and Washington. Among her other positions was senior vice president in charge of mortgage lending at Bank of America. MBSD can be found online at http://www.mbsdgroup.com.
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Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
3h ago -
Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
4h ago -
William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
5h ago -
The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
9h ago -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
June 22 -
AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
June 22









