Skip to main content

Bill Vassalotti Named Division General Manager at LERETA’s APG
Sep 26, 2019
LERETA has announced the appointment of P.A. (Paul) Larkins, a 35-year banking and financial services executive, as its chairman

LERETA LLC has named Bill Vassalotti divisional general manager of the company’s APG division in Texas, where he will be responsible for the management of operations and sales for APG.
Vassalotti has more than 25 years of experience in several areas of the mortgage industry, including servicing, originations, title, vendor management and accounting. Along with his extensive experience, he brings his strong management and industry knowledge to LERETA.
“Bill’s skill set and business acumen makes him a perfect fit for APG and for LERETA as a whole,” said James V. Micali, chief operating officer of LERETA. “We have a strong, established reputation in the tax and flood markets, and Bill with allow us to continue to grow in a positive direction.”
Previously, Vassalotti was vice president of operations at Vylla Title, where he was responsible for management of the post-closing and administration functions. Vassalotti was also a long-time executive at CitiFinancial, where he launched multiple start-up operations. He has been a consultant for several top-tier finance companies in the country.
“I am very excited to be at APG and lead this dedicated group to new successes,” Vassalotti said. “I was a client of LERETA’s in the past, and I am very excited to now be a part of a team that I have thought so highly of for so long. I look forward to helping APG reach the next level of customer service and excellence in the coming years.”

Biden Appoints Sandra Thompson As Acting Director Of The FHFA

The White House appointed Sandra L. Thompson as acting director of the Federal Housing Finance Agency (FHFA), effective immediately. Her statement reveals that a permanent director will be confirmed in December.

Regulation and Compliance
Jun 24, 2021
Supreme Court Gives Biden Full Control Over FHFA

The U.S. Supreme Court gave President Joe Biden the authority to remove the head of the Federal Housing Finance Agency (FHFA) while dismissing claims from shareholders of Fannie Mae and Freddie Mac.

Industry News
Jun 23, 2021
Ocwen Financial To Acquire Reverse Mortgage Servicing Platform

Ocwen Financial Corporation's wholly-owned subsidiary, PHH Mortgage Corporation will acquire RMS' reverse mortgage servicing platform.

Industry News
Jun 18, 2021
UniteCT Emergency Rental Assistance Succeeds

Thanks to the successful launch of the UniteCT program, emergency rental assistance funds are helping Connecticut residents maintain housing.

Industry News
Jun 17, 2021
Angel Oak Mortgage Announces Initial Public Offering

Angel Oak Mortgage announced its initial public offering of 7,200,000 shares of its common stock at $19 per share.

Industry News
Jun 17, 2021
Mortgage Apps Rebound After Three Consecutive Weeks Of Declines

The Mortgage Bankers Association reported the first increase in mortgage applications after a three consecutive weeks on declines.

Industry News
Jun 17, 2021