Roy DeLoach has been tapped by the National Association of Mortgage Brokers as its new chief executive.Mr. DeLoach, who most recently served as chief financial officer and senior vice president for government affairs for the now 27,000-member group, replaces Michael Nizankiewicz, who left the NAMB in March to pursue other career opportunities. The new executive vice president joined the NAMB's government affairs team in 2003. Before that, we was a staff attorney for the National Credit Union Administration and a legislative representative with the National Association of Realtors.
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The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
August 12 -
The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
August 12 -
Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
August 12 -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
August 12 -
Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
August 12 -
In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
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