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.
-
President Donald Trump administered Federal Reserve Chair Kevin Warsh's oath of office in a ceremony Friday morning. Warsh is expected to pursue changes at the central bank, including a push to reduce its $6.7 billion balance sheet.
May 22 -
Federal Reserve Gov. Christopher Waller said in a speech Friday that he favors holding interest rates steady until energy prices fall, but noted that the central bank should be ready to hike rates if inflation gets too far out of hand.
May 22 -
The lender, in addressing claims first raised by the Consumer Financial Protection Bureau, said its activities are protected by safe harbor provisions.
May 22 -
Copper Ridge Ventures has joint venture businesses with mortgage loan officers and real estate professionals using the same broker model as NEXA Lending.
May 21 -
VantageScore 4.0 has been incorporated into the existing processes at Rocket for both the retail and mortgage broker-facing origination businesses.
May 21 -
The pace of contract signings surged at its fastest in three years in a break from the more stagnant conditions of past home buying seasons, Realtor.com said.
May 21








