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MortgageDaily.com - Mortgage News Headlines
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Mortgage Industry News for the Mortgage Industry
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Net Branch Winding Down
Carteret Mortgage Corp. is in the process of shutting down, according to an e-mail sent to all employees from the company's chief executive officer. The company is expected to be totally closed by the end of September. At the end of 2002, according to Carteret's Web site, the net branch was operating in all 50 states and the District of Columbia with more than 2,000 loan officers
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Exec Shakeup at Fannie
David C. Hisey was named chief financial officer of Fannie Mae, an announcement said. Peter Niculescu has assumed the duties of chief business officer, the company said. In addition, Michael Shaw was named chief risk officer.
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