Originations

Class Appraisal has announced the appointment of John Fraas as its new company President
Class Appraisal has announced the appointment of John Fraas as its new company President. Fraas comes with strong operations experience, most recently serving as President and Chief Financial Officer for Detroit-based Fathead.   “We are delighted to have John join our company, as it represents our... Keep Reading....
Stearns Lending LLC has announced that Michelle Greenstreet has been appointed Chief Administrative Officer, responsible for human resources, facilities, marketing and communications
Stearns Lending LLC has announced that Michelle Greenstreet has been appointed Chief Administrative Officer, responsible for human resources, facilities, marketing and communications.   Michelle is a seasoned leader with 20-plus years of experience in senior roles supporting global banking,... more
Mortgage Network Inc. has announced that Sean Doucette has joined the company as a Mortgage Loan Officer serving the central Maine area, bringing more than 15 years of banking and mortgage experience to the company
Mortgage Network Inc. has announced that Sean Doucette has joined the company as a Mortgage Loan Officer serving the central Maine area, bringing more than 15 years of banking and mortgage experience to the company.   "Experienced mortgage professionals like Sean Doucette are why we have so many... more
Glen Corso has announced that he is retiring as executive director of the Community Mortgage Lenders of America (CMLA) at the end of this year
Glen Corso has announced that he is retiring as executive director of the Community Mortgage Lenders of America (CMLA) at the end of this year.   Corso joined the CMLA in May 2014, after serving two years as executive vice president and general counsel of National Mortgage Insurance Corp. Prior to... more
Five percent of mortgages were in some stage of delinquency during September, according to new data from CoreLogic
The delinquency rate for mortgage loans on one- to four-unit residential properties was reached a seasonally adjusted rate of 4.88 percent of all loans outstanding at the end of the third quarter, up 64 basis points from the previous quarter and up 36 basis points from one year ago, according to... more