Archive for the ‘Transitions’ Category

Ted Tozer has been sworn in as president of the Government National Mortgage Association (Ginnie Mae). Tozer will be responsible for ensuring Ginnie Mae safely guarantees the principal and interest payments on mortgage-backed securities (MBS) backed by loans insured or guaranteed by the FHA, VA, HUD’s Office of Public and Indian Housing, and the USDA’s Rural Development Housing & Community Facilities Programs. He is a graduate of Indiana University with a BA in accounting and finance.Read more

EPIC Real Estate Solutions, a vendor management company, has formed a strategic partnership with National Quick Sale, a provider of short sale automation technology, to facilitate vendor management for users of the National Quick Sale Web-based short sale platform. EPIC will provide access to valuations, title work, closing and other services directly from the National Quick Sale platform, amplifying the effectiveness of this platform with embedded functionality.Read more

The StoneHill Group, a national provider of quality control, due diligence, mortgage processing and post-closing services for mortgage originators, has appointed Robert J. “Bob” Voll as national director of sales and marketing. As part of the company’s accelerated growth and added service offerings to the mortgage banking industry, The StoneHill Group has added a key player to the team in Atlanta.Read more

The National Groups, the parent company of the National Default Servicing LLC suite of mortgage service operations, announced that Mitchell Oringer and Richard T. Fikani have joined the firm, filling two new leadership positions. In response to the increased volume of distressed borrowers and the growing number of foreclosed and REO properties nationwide, The National Groups has been expanding its efforts to help reduce the exposure of both “At Risk” borrowers and "Value Challenged" collateral.Read more

Loan-Score Decisioning Systems, an enterprise-class pricing and automated underwriting solutions provider, announced that Bay Equity, a growing wholesale and retail mortgage banker, has gone live with its integrated decsioning solution and customer-facing Web portals to ensure pricing and underwriting accuracy, quality control and superior customer service. The solution integrates seamlessly with Bay Equity’s back office LOS.Read more

Mortgage Contracting Services (MCS), a nationwide property preservation and inspection services provider to the financial services industry, announced that 2009 was a pivotal year in continuing operations to further assist its clients in rebuilding communities across America. These efforts varied from prominent executive changes to improvements in operations and vendor management procedures, as well as expanding its technology’s functionality and enhancing quality assurance and business security performance.Read more

Clayton Holdings LLC, a leader in providing customized risk analysis, loss mitigation, operational solutions and staffing services to the mortgage industry, has announced that Raymond A. Redlingshafer has joined the company as senior managing director. Redlingshafer brings more than 25 years of experience to Clayton Holdings including trading MBS and whole loans; managing a fixed-income institutional sales force and, founding a mortgage REIT and taking the company public.Read more

AllRegs, the leading information provider for the mortgage industry, and Denver-based Motivity Solutions Inc., creators of the Movation Business Management Platform, have announced a collaboration to bring sophisticated business intelligence tools to the mortgage marketplace. Specifically, the companies are implementing intelligence around mortgage lender product and guideline information.Read more

Mortgage Delivery Specialists LLC (MDS) announces the acquisition of Mortgage Data Management Corporation’s (MDMC) Agency Delivery, Servicing Analysis and Staffing Services product lines. MDS principal, Kent Loehrke, will be joined by MDMC’s current employees Jason Eisendrath and Paul Raebel. Jason and Paul will be senior portfolio analysts for MDS. Doug Lackey, principal of MDMC, will act as managing director with MDS.Read more

Leads360 has announced that it is working with Google to help power the new AdWords Comparison Ads feature. Since its first offering as a beta in October, Google Comparison Ads has enabled users of Google’s search engine to quickly and easily find comparative mortgage quotes from participating lenders.Read more