John Parsley has been named senior vice president of strategic business development at PMI Mortgage Insurance Inc., Walnut Creek, Calif., and Pete Pannes has been named to take his place as SVP of field sales and national accounts.Mr. Parsley joined PMI in 1983, and has also served as the company's vice president of sales for the Central/Western United States, national account director for the East, and area sales director for the Northeast Region, the company said. Mr. Pannes joined the company in 1990 as an account representative. He was part of the PMI management team that formed CMG Mortgage Insurance Co. in 1994, a joint venture with CUNA Mutual. He held several positions with CMG from 1994 to 2001, at which time he joined CUNA Mutual as senior vice president and general manager of CMG. Mr. Pannes rejoined PMI in 2004. PMI can be found on the Web at http://www.pmigroup.com.
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Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
3h ago -
Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
4h ago -
William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
5h ago -
The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
9h ago -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
June 22 -
AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
June 22









