Triad Guaranty Inc. has retained Heidrick & Struggles to conduct a search for someone to fill the newly created position of chief operating officer.The COO will be responsible for the operations of the company and its subsidiaries, including Triad Guaranty Insurance Corp. The new executive will also ultimately take on some of the current duties of chief financial officer Ron Kessinger, Triad said. Mr. Kessinger has announced his retirement from Triad effective March 31, 2005, after which he will become a consultant to the company. Mr. Kessinger said he wanted to reduce his day-to-day involvement with Triad to spend more time with his family and to pursue personal and charitable interests. The search for a new COO is expected to take six months.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A labor shortage is costing the market tens of thousands of new homes per year, and tariff uncertainty is adding thousands of dollars in expenses per unit.
July 3 -
The pace of revenue growth slowed toward the end of 2024, with the trend continuing into the first three months of this year, NAHB reported.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
The 10 basis point decline in the 30-year fixed mortgage was the most since March and the first time rates are below 6.7% since April, Freddie Mac said.
July 3 -
The firm, now going by Fairway Home Mortgage, said the change is a representation of plans to create a "connected ecosystem."
July 3