Ron Litt has been named senior vice president of retail operations in MortgageIT's New York Region.Mr. Litt, who will operate out of Manhattan, was most recently SVP of Allied Home Mortgage Capital Corp., where he developed marketing and technology programs for more than 650 branch offices and five corporate facilities, MortgageIT said. His previous experience includes senior positions at GE Information Systems, Sprint, and the Department of Defense. MortgageIT also announced the hiring of Linda Litt as director of business development. She will be based in Newburgh, N.Y. Ms. Litt also comes to MortgageIT from Allied Home Mortgage, where she was vice president for product information/branch services.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
6h ago -
Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
6h ago -
Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
9h ago -
Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
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The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
June 23 -
The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
June 23







