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.
-
House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









