E. Todd Chamberlain has been named president and chief operating officer of Regions Mortgage, Montgomery, Ala.Mr. Chamberlain was most recently the manager of government-sponsored enterprise relations at United Guaranty Insurance, Greensboro, N.C. He was previously executive vice president of business development and, later, of production support for Columbia National Mortgage, Regions said. Mr. Chamberlain has more than 20 years of banking and mortgage banking experience. Regions Mortgage is a division of Regions Bank, the primary subsidiary of Regions Financial Corp., Birmingham, Ala.
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Mike Kortas is looking to keep loan officers in the loop through the entire mortgage loan customer lifecycle and beyond, with the launch of evoLend.
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Private residential construction spending rose 0.3% from April and 1.8% from a year ago to a seasonally adjusted annual rate of $930.2 billion in May.
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Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, and vulnerabilities through vendors.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
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Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
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