Joanne Berkowitz has been named executive vice president for risk management and operations at PMI Mortgage Insurance Co., a subsidiary of The PMI Group Inc. Ms. Berkowitz will be responsible for optimizing the credit risk, portfolio management, and risk-adjusted return objectives for PMI's U.S. mortgage insurance portfolio, as well as for underwriting and servicing operations, the company said. She was most recently the chief enterprise risk officer for The PMI Group. Ms. Berkowitz, who began her career with PMI in 1983, has held a variety of positions, including managing risk management and underwriting for U.S. mortgage insurance operations and for international and strategic investments.
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The ex-worker who was terminated for unprofessional conduct has allegedly disparaged the brokerage and is refusing to return loan files and leads.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
August 11 -
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
August 11 -
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
August 11 -
The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
August 11 -
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
August 11








