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If Joseph Campanelli's job at Flagstar Bancorp was to keep the company alive, Michael Tierney's task is to make it thrive.

Former Kondaur CEO Jon Daurio is out in the market trying to raise money for a new nonconforming lender.

Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc., added Verlee Mason to its sales team.

Alan David Tikal is facing charges that he bilked more than 1,000 homeowners in a multi-state, multimillion-dollar mortgage scam.

Timothy Buzby has been promoted to president and chief executive of Farmer Mac, replacing Michael Gerber.

LenderLive Network hired Chris Sabbe as senior vice president of strategy and business development for its loan servicing division.

Flagstar Bancorp named Michael Tierney president of both the holding company and thrift, effective immediately.

PrimeLending this week hired industry veteran Eric Declercq as senior vice president and regional manager for the New York metro area.

Thanks to more GSE G-fee hikes, in time we may see more firms play in the jumbo MBS space. But don't hold your breath.

LenderLive Network said that Eric Prosperi has joined the company as senior vice president of document management solutions for its document services division.