Jason Bohrer has been named executive vice president and group executive of the Domestic Residential Group of AIG United Guaranty, a mortgage insurance company based in Greensboro, N.C.Among the business segments reporting to Mr. Bohrer will be DRG new business production, marketing, structured products, product development, credit policy, risk management, and business operations. Mr. Bohrer was most recently an EVP with SunTrust Mortgage Corp., and he also held management positions with national and regional mortgage lenders such as GMAC Mortgage Corp., Columbia National, and Dominion Bankshares Mortgage Corp.
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The company that the global firm is investing in owns a U.S. mortgage correspondent business and another domestic lender that does business with brokers.
36m ago -
The Consumer Financial Protection Bureau has finalized changes to Regulation B, which implements the Equal Credit Opportunity Act, to eliminate any liability for indirect discrimination by lenders. The change represents a major shift in how the agency polices lending discrimination.
2h ago -
The company will be using a simplified name and a new logo it says shows its unified business model, but its longstanding tagline will stay in place.
4h ago -
The investment property owner says she was stonewalled and humiliated by BofA's loan officers, and that an error-riddled appraisal was short by over $70,000.
7h ago -
An independent auditor raised "substantial doubt" about the company's viability as it may not be able to extend forbearance deadlines on massive debts.
7h ago -
The new law adds rules, including counseling requirements, which would put severe constraints on originations of HEIs, an industry representative said.
April 21







