Bill Adamowski, chairman of MortgageHub, will resume the role of president and chief executive officer of the company in conjunction with a new growth strategy for the Des Moines, Iowa-based Web services platform provider.Mr. Adamowski said the company will hire more than 30 technology professionals and open at least four news offices over the next 60 days to help execute the strategy, which will include acquisitions and the introduction of new products. "For the past two years, my team and I have been working on putting together what I feel is the future of mortgage technology," Mr. Adamowski said. "We took a team of the best technologists and completely removed ourselves from the day-to-day work of running a company and invested in the development of this revolutionary new platform." He said the new technologies will be unveiled next month at the Mortgage Bankers Association's annual convention. The company can be found online at http://www.mortgagehub.com.
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New American Funding also promoted Stacy Chevalier Northwest regional vice president, and MISMO added three members to its board of directors.
37m ago -
GSE loans between 30 and 59 days late on their payments saw a 13 basis point rise in delinquency rates, while most non-agency MBS types saw annual increases.
37m ago -
A lawsuit claims the bureau regularly assigns higher-responsibility examination work to Black workers without corresponding pay bumps or promotions.
37m ago -
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 -
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








