H. Lynn Ryan has been named senior vice president and chief information officer of the loan origination units of NovaStar Financial Inc., Kansas City, Mo.Ms. Ryan was formerly executive vice president and CIO of Ameriquest Mortgage Co. and held other CIO positions with financial services companies prior to that, NovaStar said. NovaStar, a residential mortgage lender, can be found on the Web at http://www.novastarmortgage.com.
-
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
1h ago -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
1h ago -
While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
4h ago -
The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
April 24 -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
April 24 -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24