Skip to main content

More than 430,000 foreclosure filings in first quarter

National Mortgage Professional
Jul 30, 2007

ABC welcomes new SVP Katrina SmithMortgagePress.comAmerican Brokers Conduit Wholesale Division American Brokers Conduit (ABC)—the wholesale division of American Home Mortgage Investment Corporation, a publicly held mortgage real estate investment trust—is pleased to announce the addition of Katrina Smith as the company's new senior vice president, wholesale. Smith joins ABC with more than 20 years of experience in the real estate finance industry, including business-to-business relationship management, sales management, technology adoption and business development. Smith previously served as the vice president, national accounts at Countrywide Financial Corporation. She also served as director at Freddie Mac and was a key player in the launch of Loan Prospector on the Internet—an automated underwriting service for mortgage originators. Smith was first introduced to the mortgage broker community through her experience as membership director at the Mortgage Bankers Association of America. "Katrina's background in relationship management, technology adoption and program rollout, with an eye toward targeting top brokers and increasing broker production, is an exceptional fit for ABC's immediate and long-term objectives," states Lisa Schreiber, ABC executive vice president, wholesale. "Katrina's extensive experience and enthusiasm are the qualities that will help us continue to differentiate ourselves from the competition." In her new role, Smith is responsible for supporting the delivery of tools and resources to ABC account executives and broker partners. She will work closely with project teams and branches to understand processes, and develop plans to drive key initiatives such as increasing adoption of ABC's Web site capabilities. "I saw a company with a solid business model, agility of technology and a commitment to delivering quality service," shares Smith. "ABC values its employees and customers. These are important qualities a company needs in order to succeed, especially in today's industry. I look forward to the exciting challenges ahead of me and having the opportunity to contribute to ABC's success." For more information, visit www.abconduit.com.
Published
Jul 30, 2007
Planet Home Lending Reports Q3 Gains In Asset Management, Servicing And Originations

The Planet Home Financial Group, LLC, parent company of Planet Home Lending, LLC and Planet Management Group, LLC reported steady growth across its servicing, correspondent and private-client channels.

Industry News
Oct 26, 2021
CFPB, DOJ And OCC Hit Trustmark National Bank For 'Deliberate' Redlining

The Consumer Financial Protection Bureau and U.S. Department of Justice, in conjunction with the Office of the Comptroller of the Currency are taking action against Trustmark National Bank for alleged redlining violations.

Industry News
Oct 25, 2021
Reports: Evergrande Group Makes $83.5M Interest Payment

Faltering Chinese development firm fends off default with payment to international bondholders.

Industry News
Oct 22, 2021
FAR Establishes Borrower Engagement Division

Finance of America Reverse LLC announced its formally established Borrower Engagement Division.

Industry News
Oct 22, 2021
Automating Appraisals No Panacea For Removing Bias

With racism 'grandfathered in' to housing prices in minority neighborhoods, a solution to 'unconscious bias' is difficult to find

Industry News
Oct 21, 2021
Reports: Evergrande Group Arranges Bond Extension

Reuters, REDD say company's billionaire chairman has agreed to provide additional collateral to ensure a construction project tied to a $260M bond is completed.

Industry News
Oct 21, 2021