Mortgage News National Mortgage Professional Magazine
Subscribe

Mortgage News

General Electric has agreed to a $1.5 billion settlement to resolve federal claims involving the alleged misrepresentation of sub-prime loans originated by its former sub-prime mortgage subsidiary WMC Mortgage
A former mortgage executive who pleaded guilty to bank fraud eight years ago was sentenced this week to three years in prison. Michael Ashley pleaded guilty in 2011 to committing bank fraud while in...Read more
The level of commercial and multifamily mortgage debt outstanding hit $3.39 trillion by the end of 2018
The trade association representing the nation’s community banking industry called out the federal...Read more
Photo credit: Getty Images/Erin Donalson
Hurricane Barry may not have been as severe as many feared, but that’s not to say it had no impact...Read more
Insellerate, a Newport Beach, Calif.-based customer relationship manager (CRM) serving the mortgage industry, has added Neil Sahota to its board of advisors
Insellerate , a Newport Beach, Calif.-based customer relationship manager (CRM) serving the...Read more
Photo credit: Getty Images/orgnmaster
President Trump ratcheted up his campaign to get the Federal Reserve to cut rates. The President...Read more
Kent Besaw as VP of customer success; Kevin McKenzie as VP of finance; and Shane Westra as VP of product
SimpleNexus has bolstered its senior leadership team with the appointments of three vice presidents...Read more
Waterstone Mortgage Corporation has expanded its footprint in Texas with the opening of their new El Paso location, to be led by Loan Originators Norma Perez and Juergen Angermaier
Waterstone Mortgage Corporation has expanded its footprint in Texas with the opening of their new...Read more
SoFi has hired Aaron J. Webster as its new chief risk officer, where he will be responsible for the company’s risk, fraud and credit management frameworks
SoFi has hired Aaron J. Webster as its new chief risk officer, where he will be responsible for the...Read more
Photo credit: Getty Images/ComicSans
The Trump Administration is planning to release its plan to end the federal conservatorship of the...Read more
The Appraisal Institute has called for congressional oversight in response to the National Credit Union Administration’s (NCUA) decision to increase the threshold on appraisals for non-residential real estate loans from $250,000 to $1 million
The Appraisal Institute has called for congressional oversight in response to the National Credit...Read more