Susan Barnes has been named practice leader and head of the Standard & Poor's Structured Finance Residential Mortgage group in North America.Ms. Barnes, previously the senior analytical manager of the residential mortgage group, will manage all of S&P's U.S. residential mortgage-backed securities activities, products, and analysts, the rating agency said. Before joining S&P in 1993, she worked at Citicorp Securities Markets and was previously employed at mortgage companies in both the primary and secondary markets. S&P said Ms. Barnes' activities in recent years included the development of "market-leading RMBS criteria related to anti-predatory-lending laws." S&P Ratings Services can be found on the Web at http://www.standardandpoors.com.
-
Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
1h ago -
Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
1h ago -
The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
4h ago -
The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
5h ago -
Freedom alleged the executive, who was at the company for nine months, used proprietary data to build his own product he expected to net more than $1 million.
8h ago -
Despite high rates and the "locked-in" effect, many Gen Z and millennial homeowners want to bring down their monthly mortgage payments
9h ago






