Capital One Acquires Beech Street Capital August 19, 2013The privately-held, national originator and servicer of Fannie Mae, Freddie Mac and FHA multifamily commercial real estate loans was acquired for an undisclosed sum.
Freddie Mac Names Bruce Witherell Chief Operating Officer August 19, 2009Freddie Mac names Bruce Witherell Chief Operating Officer; former Morgan Stanley executive will oversee integration across company's three business lines, as well as Operations and Technology division. Fiserv Will Provide Fannie Mae with Real-time Data Transmission from Its Loan Servicing Platform May 06, 2009Fiserv will provide Fannie Mae with real-time data transmission from its Loan Servicing Platform in order to help the agency explore new workout solutions for borrowers. Overture Technologies Launches Automated Decisioning System for Loss Mitigation January 28, 2009 Three Ways to Improve Retail Bank Web Sites December 23, 2008Account selection tools, bigger check archives and more self-service functions should be added to banks' Web sites, according to Corporate Insight. Big Deals May 07, 2007BB&T Renews With FIS, SunTrust Selects Visa, Navistar Goes With Oracle, Erste Bank Taps Calypso, First Data To Be Acquired, and more Bank of the West Sticks to Fiserv for Lending Following Acquisition January 01, 2007Bank of the West takes on mortgage operations of acquired bank. Credit Scoring Models Getting Analytical Adjustments November 02, 2004Lenders use analytics to assess the likelihood of collections and recovery, along with the chance of falling behind on payments in the first place. Banking On Customer Care March 16, 2004An adaptable infrastructure helps PNC add services quickly in response to a fast-changing market. Gaining the Scale Advantage in Mortgage Lending March 11, 2004BearingPoint initiative aims for transformation of the mortgage business. International Bytes April 05, 2002Merrill Lynch and Ocwen Financial Corporation form international asset management servicing company for distressed businesses; FinancialOxygen launches a new online exchange for Fed Funds and Eurodollar trading; GSTP AG to launch its global straight-throug