| LandAmerica Names John P. Barnes Group Vice President - Residential ...
RICHMOND, Va., Nov. 26 /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. (NYSE: LFG) , Fortune magazine's number one Most Admired Company in the mortgage services industry, has named John P. Barnes Group Vice President - Residential Services, where he oversees business development. He is based in Richmond, Virginia. Barnes is an 18-year veteran of the mortgage industry. He comes to LandAmerica from Dexma, Inc., where he most recently served as Executive Vice President - Sales for the provider of mortgage software and associated settlement services for lenders. Barnes previously managed the company's web- based mortgage origination technology and fulfillment services subsidiary and, before that, served as Vice President of Product Management. Barnes' career has also included serving as Vice President of Sales and Business Development at iLumin Software Services; Vice President of Product Management at BCE Emergis Systems; Director of Mortgage Technology Services at Freddie Mac; Senior Vice President of Operations at Lenders Service, Inc.; and serving in consumer and commercial lending positions for Mellon Bank, NA.
Countrywide sets execs retention bonuses
Countrywide Financial Corp. has sweetened annual bonus awards for a handful of its top executives as an incentive for them to remain with the mortgage lender as it goes through the process of being acquired by Bank of America Corp., according to regulatory filings Thursday. Countrywide's compensation committee has approved retention awards of cash and cash-settled restricted stock units for David Sambol, president and chief operating officer; Eric Sieracki, executive managing director and chief financial officer; Ranjit Kripalani, executive managing director, Capital Markets; and, Carlos M. Garcia, executive managing director, Banking and Insurance, according to the filing with the Securities and Exchange Commission. The bonus portion of the incentive packages range between $2.5 million for Kripalani and $1.45 million for Garcia.
First Commercial Lender in Calyx Network, Silver Hill(R) Makes Program ...
MIAMI, Nov. 7 /PRNewswire/ -- Silver Hill Financial, LLC (www.silverhillfinancial.com), a leading national real estate lender specializing in small-balance commercial loans, is the first commercial lender integrated into the Calyx Network. Silver Hill Financial(R) is now included in the lender category of Calyx's Point(R) loan origination system (LOS) software, the country's leading LOS according to Wholesale Access' Mortgage Broker Study. This milestone is important to mortgage professionals because the integration makes it more convenient to submit commercial loans through a common origination platform. In addition, Silver Hill's inclusion in Point enables an easier transition from residential to small-commercial lending. "Silver Hill is excited to join Calyx in further bridging the gap between residential and small-balance commercial lending," said Joanna Schwartz, Managing Director of Silver Hill(R).
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