Are REOs ready for a comeback?

Are REOs ready for a comeback?

Clear Capital: Increases in distressed, seasonal changes suggest yes

Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie
W S

MERS names former CitiMortgage chief as new CEO

/ Print / Reprints /
| Share More
/ Text Size+
Mortgage Electronic Registration Systems announced the appointment of former chairman and CEO of CitiMortgage, Bill Beckmann, as president and chief executive officer of MERSCORP. MERS provides a national national, real-time database that tracks mortgages. Previously Beckmann lead Beckmann Insights, his independent consulting firm. Beckman will replace interim head Paul Baganno. Bognanno recently served as chairman of private mortgage insurer Radian Guaranty. The former MERS president and CEO R.K. Arnold retired in January. During Beckman's tenure at CitiMortgage, the company had four million residential mortgage customers, representing over $800 billion in serviced assets. In a statement, Beckman said he is "looking forward to leading an organization that provides a unique and vital service to the nation’s housing finance system." Write to Jacob Gaffney. Follow him on Twitter @JacobGaffney.

Recent Articles by Jacob Gaffney

Comments powered by Disqus