Archive for September, 2005:

Bank Executive Insider

{ Posted on Sep 12 2005 by Aggregated Mortgage Search }
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Green Bankshares Inc. said in a news release that Stephen M. Rownd will become chief executive officer at the end of this month. William T. Mundy was hired as managing director and executive vice president at Cardinal Trust and Investments, ...Read More »

Big Service Providers Make Big Executive Changes

{ Posted on Sep 12 2005 by Aggregated Mortgage Search }
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Deutsche Bank Securities Inc. announced that Steve Abrahams joined the company as a managing director and head of securitization and mortgage-backed securities research within the its global markets division. Anand K. Nallathambi was appointed chief executive officer of The First ...Read More »

Default Service Provider Hiring 100

{ Posted on Sep 12 2005 by Aggregated Mortgage Search }
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In a news release, Loan Resolution Corp. said it plans to hire 100 new employees. The hirings are expected to be completed this month. Loan Resolution said it has seen "unprecedented growth" as a result of the Home Affordable Foreclosure ...Read More »

Wave of Repurchases Ahead

{ Posted on Sep 12 2005 by Aggregated Mortgage Search }
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Michael Waldron, a partner at the law firm Patton Boggs LLP, predicted repurchase demands and denied mortgage insurance claims will rise this year. He made his comments on a radio show broadcast by The VoiceAmerica Talk Radio Network. "The one ...Read More »

No More Approval Letters Without Properties

{ Posted on Sep 12 2005 by Aggregated Mortgage Search }
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Equitable Reverse Mortgage Co. issued a statement that it would be closing down. The company plans to wind down operations by April 30. Equitable's president predicted in the statement that the reverse mortgage industry will consolidate to just 20 big ...Read More »