Servicing

Stewart Title of California announced the promotion of current group SVP Bob Oakland to the position of president.

Lenders Compliance Group Inc. (LCG) announced the appointment of Michael J. Wallace Esq. to the position of director of marketing compliance.

LRES, a California-based company specializing in commercial and residential valuations and asset management, announced it has received a Certificate of Authority to conduct business in the U.S. Virgin Islands.

In Texas, Wingspan Portfolio Advisors named industry veteran Susan Pettem to the newly created position of EVP for business development.

The lending division of Carrington Mortgage Services (CMS), LLC appointed Kathy Pilgrim as branch manager of the company's branch in Duluth, Georgia.

MountainView Servicing Group announced it is acting as the exclusive sale advisor for a Fannie Mae portfolio valued at $152 million (unpaid principal balance).

Diane Nordin, a seasoned asset management executive, has joined Fannie Mae's board of directors, the company announced.

JPMorgan Chase announced Friday it has reached an agreement to pay billions of dollars to resolve claims from investors related to collapsed RMBS issued between 2005-2008.

LoanLogics, a company specializing in loan quality management and performance analytics technologies for the mortgage industry, announced it has raised $11.2 million in funding from growth equity firm Volition Capital and existing investors.

Carrington Property Services announced it is taking over property management responsibilities on rental properties owned by capital management firm Gorelick Brothers Capital.