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United Mortgage Bankers acquired by Michelex
Michelex Corporation has announced that it has acquired all of the issued and outstanding shares of United Mortgage Bankers Ltd. d/b/a United Merchant Bankers, a financial services company based in Stamford, Conn. As a result of the... Read more
Citizens Financial Group names Nolda president of its home lending solutions division
Citizens Financial Group Inc. (CFG) has announced the appointment of Cheryl Nolda as president of its Home Lending Solutions business. She will oversee the residential mortgage and home equity businesses. Nolda has 27 years experience in... Read more
Clayton Holdings names Scott H. Kramer its new director of commercial default servicing
Clayton Holdings LLC, a provider of customized risk analysis, loss mitigation, operational solutions and staffing services to the mortgage industry, has announced that Scott H. Kramer has joined the company as director of commercial... Read more
New Vista Asset Management names Ivan Choi national default sales executive
San Diego-based New Vista Asset Management, a Certified Minority Business Enterprise and a nationwide provider of real estate-owned (REO) asset management services, has named foreclosure industry veteran Ivan Choi as the company’s national... Read more
Phil Johnsen named SVP of sales and marketing for Prommis Solutions
Prommis Solutions LLC, has announced the appointment of Phil Johnsen as senior vice president of sales and marketing. Johnsen joins Prommis from DDN Mortgage Services LLC, where he was the founding partner and president. He will report to... Read more
Inlanta Mortgage expands into Ft. Myers
Inlanta Mortgage has announced the opening of its newest branch, which will be serving Ft. Myers and the surrounding areas. Jim Marcinkowski, branch manager, brings more than five years of experience to the area that he has been living in... Read more
CCG Catalyst to offers branch network/delivery channel services
Phoenix-based CCG Catalyst, a bank consulting firm providing strategic guidance for financial organizations, announced it offers a Delivery Channel Optimization Program to help financial institutions minimize overhead costs and maximize... Read more
John Walsh becomes acting Comptroller of the Currency
John Walsh has become acting Comptroller of the Currency , succeeding John C. Dugan who completed his five-year term of office. “I am honored to have this opportunity to serve as Acting Comptroller of the Currency and lead our highly... Read more
Blue Horizon Capital announces the acquisition of Veri-tax
Veri-tax LLC, a provider of tax verification and fraud management solutions, has been acquired by Blue Horizon Capital, a private investment firm. The acquisition, completed for an undisclosed sum, will provide additional capital and... Read more
Fifth Third Mortgage boasts modification rate more than double the national average
As percentages for permanent modifications in the government's Home Affordable Modification Program (HAMP) have continued to increase over the past several months, Fifth Third Mortgage Company's modification rates are continuing to excel... Read more