Fitch Downgrades ResCap's IDR to 'CCC'
NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has taken the following actions on Residential Capital, LLC (ResCap): --Long-term Issuer Default Rating (IDR) downgraded to 'CCC' from 'B'; --Short-term IDR
Fitch Assigns Initial IDR of 'BBB-' to Davivienda
NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has assigned a 'BBB-' long-term Issuer Default Rating (IDR) to Banco Davivienda S.A. (Davivienda). The Rating Outlook is Stable. A full list of Davivienda's
Bank of America shakes up retail and small business units
You've got to give newly appointed executives the leeway to make dramatic changes within their units, even if that contributes to a perception of constant change and chaos. So it goes at Bank of
ICBA Mortgage Solutions Hosting Webinars to Increase Mortgage Lending Expertise and Drive Lending Performance Amongst ICBA
Sessions offer expertise on origination best practices; compliance with loan officer compensation DENVER--(BUSINESS WIRE)-- ICBA Mortgage Solutions (ICBAMS), which supports community bank mortgage
TD Bank To Grow With 87 New Hires in Mortgage Operations
America's Most Convenient Bank to expand mortgage processing staff, majority to be based in South CarolinaCHERRY HILL, N.J. and PORTLAND, Maine, Oct. 19, 2011 /PRNewswire/ -- TD Bank, America's Most
MetLife to Explore Sale of MetLife Bank’s Forward Mortgage Business
NEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) announced today that, in addition to its previously announced decision to explore a sale of MetLife Bank, N.A.’s depository business, the company
Genpact Acquires High Performance Partners, LLC (HPP)
Genpact to Offer Mortgage Business Process as a Service (BPaaS) Solution with HPP’s Quantum Technology Platform CHICAGO--(BUSINESS WIRE)-- Genpact Limited (NYSE: G), a global leader in business
Bank of America seeks to exit correspondent lending
In these leans times, Bank of America would like to pare its retail mortgage business down to a direct-to-consumer model and jettison everything else. To that end, it has exited the reverse mortgage
Arizona Branch of Cobalt Mortgage Announces Merge of Two Top Teams
SCOTTSDALE, Ariz., Aug. 31, 2011 /PRNewswire/ -- The Scottsdale branch of Cobalt Mortgage, Inc., a full-service mortgage banking firm, today announced the merger of two of its most successful Arizona
Brad Dinsmore Joins SunTrust as Executive Vice President of Consumer Banking & Private Wealth Management
ATLANTA, Aug. 16, 2011 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) today announced that Brad Dinsmore has joined the Company as Executive Vice President of Consumer Banking & Private Wealth
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