More than 430,000 foreclosure filings in first quarter – NMP Skip to main content

More than 430,000 foreclosure filings in first quarter

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.
About the author
Published
Jul 30, 2007
Fed Hike Raises HELOC Costs While Mortgage Rates Stay Near 7%

Prime rose to 7% while the 10-year Treasury remained near 5%, giving originators two different borrower conversations

Sep 17, 2026
Rocket Raises Conforming Loan Limit To $845K Ahead Of FHFA

The higher limit gives brokers more room to keep borrowers from crossing into jumbo territory

Sep 10, 2026
Rocket Pro Launches ‘Moving Squad’ To Recruit Brokers From UWM

Rocket is offering partners up to $10,000 to help bring UWM brokers onto its platform

Sep 01, 2026
NEXA, UMortgage Leaders Explain What Drove Acquisition

Kortas relinquishes the CEO title, elevating Casa to co-equal "executive partner"

Aug 31, 2026
Warsh Sees Housing Strain, Keeps Rate Hikes In Play

Fed chair says broader financial conditions remain loose, inflation is too high, and markets should expect less guidance on what comes next

Aug 31, 2026
July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief

Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year

Aug 13, 2026