Freddie Mac is losing two senior executives.Kevin J. Finnerty, senior vice president of investor and dealer services, is leaving the company, as is Ann Schnare, senior vice president of corporate relations. No reasons were given for their departures. Ms. Schnare has agreed to stay on until a replacement is found, but Mr. Finnerty is leaving right away. Mr. Finnerty, a Wall Street veteran who has worked for U.B.S. Securities and Bear Stearns, is in charge of sales and trading for the mortgage giant. (See the June 14 issue of National Mortgage News for more details.)
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The Massachusetts attorney general noted some consumers were caught by surprise when they realized the full cost of their agreements after signing.
February 21 -
The Office of the Comptroller of the Currency is the latest federal banking agency to let go of probationary employees.
February 21 -
The state's insurance commissioner made the change following analysis of title industry profits and expenses in Texas provided by its stakeholders.
February 21 - 2025 Best Mortgage Companies to Work For
These home lenders with under 100 employees are considered among their staffs the best mortgage company to work for in 2025.
February 21 -
Parent company Remax is reporting growing momentum in Wemlo, its technology unit that offers processing automation for loan brokers, which hiked prices last year.
February 21 -
As homeowners insurance becomes expensive and hard to find, mortgage loan officers should work closely with insurance agents, said Travis Hodges of Viu by Hub.
February 21