Radian Group Inc., the Philadelphia-based parent company of mortgage insurer Radian Guaranty, has announced the promotions of Scott Theobald and David Rockwell to positions as senior vice president.Mr. Theobald was named SVP of corporate risk and capital management at Radian Group, and Mr. Rockwell was named SVP of risk management at Radian Asset Assurance Inc. Mr. Theobald joined Radian in 1997 as director of costing analytics and was appointed vice president of structured transactions in 1999 and vice president of enterprise risk in 2002, the company said. Before joining Radian, he served at Freddie Mac in a variety of analyst positions. Mr. Rockwell joined Radian in 2004 as vice president of risk management. He previously held senior posts managing risk at Marsh & McLennan, Chubb Financial Solutions, and American International Group. Radian can be found on the Web at http://www.radian.biz.
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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.
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Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
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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.
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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.
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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.
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