Barrett Burns has been named president and chief executive officer of VantageScore Solutions LLC, Stamford, Conn., which was launched in March by the three national credit reporting companies to offer a consistent approach to scoring consumer creditworthiness.The company said Mr. Burns, 60, has more than three decades of experience in risk and credit management and has held senior leadership positions at Citibank, Ford Motor Credit, and Bank One. Before joining VantageScore, Mr. Burns was the executive vice president in charge of the National Private Banking Group of U.S. Trust. VantageScore is a predictive scoring system that was created jointly by Equifax, Experian, and TransUnion. VantageScore can be found online at http://www.vantagescore.com.
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The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
10h ago -
The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
10h ago -
Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
11h ago -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
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Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
August 12 -
In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
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