Rodney M. Colombi has been promoted to executive vice president of corporate finance for New Century Mortgage Corp., Irvine, Calif., and David N. Kenneally has been promoted to senior vice president and controller.Mr. Colombi joined the company in 2002 and was most recently senior vice president of corporate development. He served previously as SVP at Countrywide Financial Corp. and held senior finance posts at H&R Block/Option One Mortgage Corp., Bank of America Consumer Lending and Trust Services, and Household, New Century said. Mr. Kenneally joined New Century in 2003 and was most recently vice president and controller. He was previously SVP and chief financial officer at Consumer Portfolio Services Inc. and held senior financial positions at LoanGenie.com and Fidelity National Financial. New Century can be found online at http://www.ncen.com.
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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.
2h ago -
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.
2h ago -
Freedom alleged the executive, who was at the company for nine months, used proprietary data to build his own product he expected to net more than $1 million.
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Despite high rates and the "locked-in" effect, many Gen Z and millennial homeowners want to bring down their monthly mortgage payments
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
June 22 -
Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
June 22








