American Mortgage Consultants Acquiring Certain Assets of The Barrent Group
Due diligence firm American Mortgage Consultants Inc. (AMC) is acquiring certain personnel and the operations center of Des Moines, Iowa-based due diligence firm The Barrent Group.
The...
MTech Will Never be FinTech and That’s a Good Thing
BLOG VIEW: The financial industry is abuzz with talk of financial technology, better known as FinTech. Everywhere you look there is a group hosting...
Justin Cole: Culture More Important Than Technology When Adjusting to Regulatory Change
PERSON OF THE WEEK: The first quarter was a relatively quiet one, from a regulatory perspective, so what should mortgage lenders be preparing for...
Mulvaney Promotes Brian Johnson to Acting Deputy Director of CFPB
Brian Johnson has been promoted to acting deputy director of the Consumer Financial Protection Bureau (CFPB).
Acting Director Mick Mulvaney made the announcement on Monday....
Leandra English to Leave CFPB, Bring Litigation to a Close
Leandra English is giving up on her legal battle to become interim director of the Consumer Financial Protection Bureau (CFPB).
When Richard Cordray stepped down...
Angela Hurst: Regulatory Unpredictability is Biggest Challenge Mortgage Servicers Face
PERSON OF THE WEEK: Angela Hurst is senior vice president of strategy and development for U.S. Real Estate Services (USRES), a provider of real...
Hans Rusli: Technology is the Key to Helping Mortgage Lenders Reduce Costs
PERSON OF THE WEEK: Hans Rusli is CEO for IndiSoft, a provider a compliance, vendor management and valuation software to the mortgage industry. MortgageOrb...
Marrying Compliance with Innovation
BLOG VIEW: In an ever-changing regulatory environment, it may seem that compliance serves as a hurdle to achieving innovation, or at least, that innovation...
White House to Name Kathy Kraninger as Permanent Director of CFPB
The Trump Administration is expected to name Kathy Kraninger as its nominee to permanently lead the Consumer Financial Protection Bureau (CFPB).
If confirmed, Kraninger would...
Debora Aydelotte: Diversity, Data Security and Due Diligence Driving Change in Mortgage
PERSON OF THE WEEK: Debora Aydelotte is the chief operating officer of Credit Risk Solutions, a Computershare subsidiary. A mortgage industry leader with more...
ARMCO Hires Industry Veteran Nick Volpe as Chief Strategy Officer
Mortgage industry veteran Nick Volpe has joined ACES Risk Management (ARMCO), a provider of enterprise financial risk mitigation software solutions, as chief strategy officer.
Volpe has more...
Altavera Mortgage Services Rebrands to Credit Risk Solutions
Altavera Mortgage Services is rebranding under a new name: Credit Risk Solutions.
The provider of outsourced loan fulfillment and due diligence services for mortgage lenders,...
Promontory MortgagePath Announces Three Executive Hires
Promontory MortgagePath, a provider of next-generation mortgage technology and loan fulfillment services, recently announced three senior-level additions to expand its relationship management and sales...
Despite Regulatory Clarity, AML Errors Persist in Mortgage Lending
BLOG VIEW: The U.S. Department of the Treasury, through the Financial Crimes Enforcement Network (FinCEN), issued a final rule in February 2012 requiring nonbank...
Senate Confirms Trump’s Nomination for FHA Commissioner
Today, by a vote of 74-23, the U.S. Senate confirmed President Donald Trump’s nomination of Brian D. Montgomery to serve as assistant secretary of...
Congress Chips Away at Dodd-Frank
A House vote on Tuesday has cleared the path for a repeal of some of the most demanding parts of the Dodd-Frank Act, which...
John Vong: TRID 2.0 Will Require Significant Revisions to Existing Software
PERSON OF THE WEEK: Despite the recent turmoil in the leadership ranks of the Consumer Financial Protection Bureau (CFPB) and the ongoing possibility of...
Freddie Mac Hires John Krenitsky as SVP and Chief Compliance Officer
John Krenitsky has joined Freddie Mac as senior vice president and chief compliance officer.
Krenitsky has more than two decades of experience in the global...
Christina Hardin: Improve Vendor Management through Data-Driven Decisions
PERSON OF THE WEEK: Vendor management has become a strong focus for mortgage lenders in recent years, due mainly to new regulations from the...
Karl Dahlgren: Regulatory Training Requires Holistic Approach
PERSON OF THE WEEK: Karl Dahlgren is managing director of BAI, a nonprofit independent organization that helps financial services leaders make smart business decisions.
The...