Reverse Mortgage Solutions Inc. promoted chief operating officer Marc Helm to president. Helm, a founding partner of the Spring, Texas-based firm, replaces Ken Austin, who is leaving the company to pursue personal interests, a company statement said. Helm joined RMS after a career of 30 years in the mortgage-servicing sector. He is a former senior officer at Washington Mutual, where he was responsible for helping WaMu integrate all loan servicing acquisitions into its system. In addition, RMS hired Michael Clendennen as chief financial officer and Michael Kent as senior vice president of portfolio retention. Clendennen has served the past eight years as vice president and controller at Allied Home Mortgage Capital Corp., Houston. Kent has over 28 years of experience with regional and national lending institutions, including several senior management and executive positions. For the past eight years, he has owned and operated mortgage and real estate sales companies in Los Gatos, Calif.
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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