Inlanta Mortgage CEO John Knowlton and President Nicholas J. DelTorto have announced that Jean Badciong has been promoted to the position of chief compliance officer and Paul Buege has been promoted to chief operating officer.
"To be successful, mortgage companies must continuously allocate additional resources to maintain quality control and ensure solid compliance policies and procedures," said Knowlton. "Inlanta has always had a long standing commitment to quality and Jean Badciong, with a strong compliance background and thorough understanding to the entire mortgage process, is the ideal person to serve as Inlanta’s chief compliance officer.”
Buege will serve as Inlanta’s chief operating officer. Buege joined Inlanta in 2013 as senior vice president of business development. With more than thirty years mortgage industry experience in various leadership roles, Buege is an ideal fit to lead our operations team. Previous positions held by Buege include SVP of business development for Shelter Mortgage and president and chief operating officer of Universal Mortgage.
“Inlanta is experiencing rapid growth as new branches join our family and various third party origination business agreements are solidified," said DelTorto. "Smooth operations are expected under Buege’s and Badciong’s strong leadership in their respective areas. Inlanta is very fortunate to have the talent that we do.”
The 18-month agreement takes effect Dec. 3 and covers identity verification for borrowers and non-borrowing spouses, including responses when identifying information fails to match federal records
The Federal Housing Administration is preparing to implement a new data-sharing agreement with the Social Security Administration on Dec. 3, allowing HUD to verify identifying information for borrowers applying for FHA-insured mortgages.The agreement, detailed in a Nov. 3 Fe...
The launch builds on a $1.5 billion loan investment relationship between parent Rithm Capital and Upgrade, extending Newrez's push beyond traditional mortgage lending
Newrez is expanding into unsecured personal loans through a partnership with fintech lender Upgrade, adding another financial product for its existing homeowners as parent company Rithm Capital deepens an already substantial relationship with the consumer lender.The launch, ...