Kenneth W. Jones has been named senior vice president and chief financial officer of Triad Guaranty Insurance Corp., a mortgage insurer based in Winston-Salem, N.C., and Stephen J. Haferman has been named senior vice president of risk management and technology services.Mr. Jones will also hold similar titles at Triad Guaranty Inc., the mortgage insurer's parent company. He replaces Eric B. Dana, who resigned to "pursue other interests," Triad Guaranty said. Mr. Jones was most recently SVP and CFO at RBC Liberty Insurance Corp., and he was previously vice president, controller, and acting CFO at The Liberty Corp. Mr. Haferman was most recently senior vice president and chief operating officer at Cheryl and Co., and he was previously employed by American Electric Power and Bank One Corp. Triad can be found online at http://www.triadguaranty.com.
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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 -
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 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
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 -
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 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









