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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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
8h ago -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
9h ago -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
9h ago -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
10h ago -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25 -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25