Patricia Cook, the former executive vice president and chief business officer of Freddie Mac, has been hired by Green Tree, a provider of loan servicing solutions, capital markets, and industry expertise headquartered in St. Paul, Minn., as executive vice president, business development. Ms. Cook will be responsible for directing Green Tree's business development effort as well as launching new business initiatives that are complementary to Green Tree's core servicing platform. Prior to joining Freddie Mac in August 2004, she served as managing director and chief investment officer for fixed income at JP Morgan Fleming Asset Management. Prior to that, she held similar positions at Prudential Investment Management and Fisher Francis Trees & Watts.
-
Critical defects increased for the second consecutive three-month period, with appraisal-related errors nearly doubling, Aces Quality Management said.
November 20 -
The Federal Reserve governor said the Supreme Court ruling could bring needed transparency and efficiency to regulatory policymaking.
November 20 -
In a congressional hearing, top officials from the Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency said no new rules will be adopted or proposed this year.
November 20 -
Vista Point Mortgage and Rockport Mortgage reported attacks on their systems, with over 14,000 customers potentially affected by compromised data.
November 20 -
The Federal Housing Administration wants to make it easier for mortgage applicants to use rental income received from boarders in the underwriting process.
November 20 -
Both purchases and refinances came in higher, with government-backed lending providing momentum, the Mortgage Bankers Association said.
November 20