Shawn McGowan has been named president and chief executive officer of Valocity, a Memphis-based provider of valuation systems.Mr. McGowan was most recently head of research, analysis, and implementation of strategic initiatives for eAppraiseIT, Valocity said. He is also a former senior vice president of residential appraisal operations for Strategic Mortgage Services and First American Appraisal Services. Mr. McGowan is a past chairman of the Industry Advisory Council for The Appraisal Foundation. Valocity, formerly Appraisal Forum, can be found on the Web at http://www.valocity.com.
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According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
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Leaders of ORNL Federal Credit Union are piloting Zest AI's new artificial intelligence-powered assistant to ensure equitable underwriting practices and measure performance against similar institutions.
11h ago -
McCargo stabilized the agency at a crucial time as she helped navigate it through both a pandemic and subsequent dramatic interest-rate cycle change.
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The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.
April 19 -
The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.
April 19 -
The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
April 18