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Homeward Residential

Stonegate Mortgage Names Robert Meachum EVP of Servicing

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Stonegate Mortgage Corporation has announced the hiring of Robert Meachum as executive vice president of servicing. He will report to Dan Bettenburg, president of Stonegate. Meachum is a servicing executive with 20-plus years of experience in the mortgage industry. Before joining Stonegate, Meachum worked at Homeward Residential where he served as senior vice president, subservicing and special servicing. He was responsible for Homeward's fee-based servicing, which included sub and special servicing, as well as business development.Click to continue

AHMSI's Expansion and Focus on Residential Prompts Name Change

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American Home Mortgage Servicing Inc. (AHMSI) has announced that the company will change its name to Homeward Residential to reflect its expansion into residential lending and other real estate finance-related businesses. The full transition to the new name, Homeward Residential, is expected to be completed in the second quarter of 2012.  AHMSI's portfolio of services was expanded in October 2011 with the opening of the company's correspondent and warehouse lending operations.Click to continue