David Aach has been named chief operating officer of Palisades Technology Partners, Englewood Cliffs, N.J., a supplier of software and application development services to the mortgage industry.In addition to managing the company's day-to-day operations, Mr. Aach will focus on direct sales and alliance strategies to support the company's continued growth, Palisades said. Mr. Aach has more than 28 years of mortgage technology and sales experience. Before joining Palisades, he served as national sales manager for John Harland Financial Solutions, and strategic account manager for Corillian. Mr. Aach also served as vice president of mortgage systems for Citicorp Mortgage, where he was instrumental in rolling out the first loan origination system to use laser-printed mortgage documents, Palisades said. The company can be found online at http://www.ptpusa.com.
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A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from passing their own laws prohibiting medical debt on credit reports.
9h ago -
Dr. Mark Calabria takes on the additional role of chief statistician of the United States; retired Ally Bank executive Diane Morais has joined First Citizens Bancshares' board of directors; MainStreet Bank has promoted Alex Vari to chief financial officer; and more in this week's banking news roundup.
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While refinances are behind the latest increases, the pace of purchase activity may be a stronger indicator of where the housing market sits.
July 11 -
The share of economists expecting a September rate reduction grew in the July Wolters Kluwer survey, but the October or later percentage also increased.
July 11 -
Rising home prices and softening sales offer a mixed view of a market that some say is shifting to favor buyers.
July 11 -
The notes are backed by home improvement installment loans originated by approved dealers in Foundation Finance Company's network.
July 11