Scott Johnson has assumed the post of executive vice president and national production manager of The New York Mortgage Co. LLC, New York, and will operate from an office in Farmington, Conn.Mr. Johnson was most recently senior vice president of Guaranty Residential Lending Inc., where he was responsible for the company's Northeast/Mid-Atlantic Region. At New York Mortgage, he will manage a $4 billion production platform with approximately 400 loan officers, the company said. New York Mortgage said its recently announced acquisition of 15 branch offices and 26 satellite offices of Guaranty Residential took effect Nov. 15.
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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







