Residential Finance Corporation: Press Room http://www.residentialfinance.com/ Mortgage Lender Residential Finance Corp. Explains Benefits of HARP 2.0 http://www.residentialfinance.com/_press.cfm?id=601 http://www.residentialfinance.com/_press.cfm?id=601 COLUMBUS, Ohio, May 16, 2012 When June Snow first looked into refinancing her interest-only mortgage, she was told it would be impossible because the value for her three-bedroom, two-bath ranch style home was not in the necessary range. Then Snow contacted Residential Finance Corp. (RFC), a nationwide mortgage lender, which rolled out the new the Home Affordable Refinance Program (HARP) 2.0 program last month, and within three weeks she closed on a new lower, fixed interest rate loan. The recently released new guidelines for the government program designed to help credit-worthy homeowners who owe more than their home is worth opens the door to even more individuals. In fact, according to statistics from CoreLogic, 2.3 million homeowners might be eligible for the program. Snow, of Lancaster, Calif., was one of those homeowners. She was in the sixth year of a 10-year interest-only loan. When I first got it, it was not such a bad deal, and I thought I would only be in it for a couple of years, and then the market shifted, she explained. I tried for years to get out of it and could not because the house value was not there. I felt hopeless. At the beginning of the year, Snow got a call from RFC. After explaining her mortgage situation, the representative told her RFC would roll out a new program that would help her in March and to call then. She did. It only took three weeks from the time she called RFC and reached loan officer Vince Cooper to the close of her loan, a 30-year, fixed rate mortgage for $135,000. I am pretty happy, and I sleep much better, she said. HARP 2.0 offers the following provisions for homeowners: Expanded Credit Borrowers with lower credit scores who are current on their mortgage payments and have been for 12 months may qualify. Unlimited Loan to Value Borrowers may now be able to refinance regardless of their loan to value. Under HARP 1.0 the maximum loan-to-value was 125 percent. Eliminating appraisals Borrow Wed, 16 May 2012 12:15:00 EST Residential Finance Corp.s David K. Stein 2012 Finalist for Top Corporate Counsel Award http://www.residentialfinance.com/_press.cfm?id=600 http://www.residentialfinance.com/_press.cfm?id=600 COLUMBUS, Ohio, May 15, 2012 Residential Finance Corp. (RFC), a nationwide mortgage lender, announced today that David K. Stein, RFCs co-founder, senior vice president and general counsel, has been selected as a finalist in Columbus Business Firsts Top Corporate Counsel program. Award winners will be announced June 14. For the second year, Stein has been selected as a finalist from a group of 40 nominees. The award honors leaders in companies and industries who exhibit high ethical standards as well as commendable professional skills of in-house corporate attorneys in Central Ohio. David has been instrumental in so many RFC efforts from the way we manage risk and provide customer service to how we train our staff to establish a sterling reputation during a time in the mortgage industry when more companies are leaving rather than growing, said Michael Isaacs, CEO, president and co-founder of RFC. David has the dedication and knowledge that makes it easy to see how he has achieved this level of recognition. Stein has extensive knowledge in progressive organizational environments, and he currently directs legal, regulatory and compliance efforts at RFC. Under his leadership, RFC developed a comprehensive legal and compliance strategy and is now licensed in 33 states and a HUD-approved Full Eagle Lender. Stein serves on several national task forces concerning mortgage compliance, advocacy and regulation and is a frequent speaker at national events related to mortgage banking and litigation. Stein also has significant experience as a private legal practitioner with an emphasis in labor and employment law, real estate and civil litigation. He is a former adjunct professor of law at The Ohio State University. . About Residential Finance Corp. Founded in 1997, Residential Finance Corporation (RFC) (www.residentialfinance.com), offers homeowners and homebuyers nationwide a wide range of home mortgage loan options, including special lower- Tue, 15 May 2012 12:15:00 EST Residential Finance Corp. Selects Virtual Computer NxTop for Desktop Virtualization http://www.residentialfinance.com/_press.cfm?id=598 http://www.residentialfinance.com/_press.cfm?id=598 COLUMBUS, Ohio and Westford, Mass. May 2, 2012 Residential Finance Corp. (RFC), a nationwide mortgage lender, continues its drive to use technology that garners extraordinary results by announcing it has migrated to the Virtual Computer NxTop(r) desktop virtualization solution. NxTop comprises a comprehensive centralized management system and integrated true Type-1 client hypervisor that uses desktop computing power to run virtualization and deliver significant cost savings. It provides RFC complete centralized control, simplifying the management of desktops and laptops while offering greater flexibility and productivity to end-users. NxTop also provides complete mobility, allowing RFC employees to quickly and remotely access documents, improving the origination process. With its significant growth, especially in mobile users and telecommuters, RFC had outgrown its existing terminal services platform. The lender needed a new platform that would improve end-user performance while minimizing total operational and infrastructure costs. We selected NxTop after an extensive five-year search for a solution that would offer consistent service, eliminate viruses and malware and not require us to build a costly data center, said Alan Rabideau, RFCs CIO. NxTop enables us to effectively manage increased traffic on our virtual platform without having trouble with access or performance. NxTop offers a high level of flexibility and productivity to the end user, including the ability to run multiple secure desktops on one PC. The platform also delivers complete mobility and better manageability than server-hosted virtual desktop infrastructure (VDI) at a fraction of the cost. Along with cost savings, rapid migration capability, decreased support calls and increased control, NxTop also has given RFC the means to continue its steady growth. Support tickets have dropped by 80 percent and we have seen drastic improvements in productivity and end- user morale, Rabide Thu, 03 May 2012 12:15:00 EST Residential Finance Corporation Hires Anthony Schlotthauer as Manager of Westlake Village, CA Branch http://www.residentialfinance.com/_press.cfm?id=597 http://www.residentialfinance.com/_press.cfm?id=597 COLUMBUS, Ohio 4/13/2012 Residential Finance Corporation (RFC) (www.residentialfinance.com), an award-winning mortgage lender operating retail branch office locations in 32 states nationwide, announced hiring Anthony Schlotthauer as Manager of its Westlake Village, CA mortgage branch location. About Residential Finance Corporation Founded in 1997, Residential Finance Corporation (RFC) (www.residentialfinance.com), offers homeowners and homebuyers nationwide a wide range of home mortgage loan options, including special lower-rate government-insured FHA and VA loans, residential mortgage loans, jumbo mortgage loans, and reverse mortgages. RFCs highly-trained staff delivers mortgage expertise and customer service excellence, winning the company many awards, including Columbus Business First Corporate Caring Award, Columbus Business Journal Best Place to Work, Florida Trends Best Company in Florida, American Business Award Sales Department of the Year, Inc Magazine INC5000 Fastest Growing Company, and American Society of Training and Development Excellence in Practice. Headquartered in Columbus, Ohio, RFC has branches throughout the country, and is seeking loan officers and branch managers to join their network of branches. NMLS#1652. Equal Housing Lender. Equal Opportunity Employer. Company contact: For media inquiries contact Jessica Manna, Chief Marketing Officer, at 614-255-4317 or visit www.residentialfinance.com; retail branching opportunities visit http://www.branching.residentialfinance.com; for career opportunities visit www.myrfccareers.com. ### All trademarks mentioned herein are property of their respective companies Fri, 13 Apr 2012 12:15:00 EST Residential Finance Corporation Hires Matthew Fields as Manager of Ft. Lauderdale, FL Branch http://www.residentialfinance.com/_press.cfm?id=596 http://www.residentialfinance.com/_press.cfm?id=596 COLUMBUS, Ohio 3/30/2012 Residential Finance Corporation (RFC) (www.residentialfinance.com), an award-winning mortgage lender operating retail branch office locations in 32 states nationwide, announced hiring Matthew Fields as Manager of its Ft. Lauderdale, FL mortgage branch location. About Residential Finance Corporation Founded in 1997, Residential Finance Corporation (RFC) (www.residentialfinance.com), offers homeowners and homebuyers nationwide a wide range of home mortgage loan options, including special lower-rate government-insured FHA and VA loans, residential mortgage loans, jumbo mortgage loans, and reverse mortgages. RFCs highly-trained staff delivers mortgage expertise and customer service excellence, winning the company many awards, including Columbus Business First Corporate Caring Award, Columbus Business Journal Best Place to Work, Florida Trends Best Company in Florida, American Business Award Sales Department of the Year, Inc Magazine INC5000 Fastest Growing Company, and American Society of Training and Development Excellence in Practice. Headquartered in Columbus, Ohio, RFC has branches throughout the country, and is seeking loan officers and branch managers to join their network of branches. NMLS#1652. Equal Housing Lender. Equal Opportunity Employer. Company contact: For media inquiries contact Jessica Manna, Chief Marketing Officer, at 614-255-4317 or visit www.residentialfinance.com; retail branching opportunities visit http://www.branching.residentialfinance.com; for career opportunities visit www.myrfccareers.com. ### All trademarks mentioned herein are property of their respective companies Fri, 30 Mar 2012 12:15:00 EST Residential Finance Corporation Hires Sammy Takieddine as Manager of Tampa, FL Branch http://www.residentialfinance.com/_press.cfm?id=595 http://www.residentialfinance.com/_press.cfm?id=595 COLUMBUS, Ohio 3/29/2012 Residential Finance Corporation (RFC) (www.residentialfinance.com), an award-winning mortgage lender operating retail branch office locations in 32 states nationwide, announced hiring Sammy Takieddine as Manager of its Tampa, FL mortgage branch location. About Residential Finance Corporation Founded in 1997, Residential Finance Corporation (RFC) (www.residentialfinance.com), offers homeowners and homebuyers nationwide a wide range of home mortgage loan options, including special lower-rate government-insured FHA and VA loans, residential mortgage loans, jumbo mortgage loans, and reverse mortgages. RFCs highly-trained staff delivers mortgage expertise and customer service excellence, winning the company many awards, including Columbus Business First Corporate Caring Award, Columbus Business Journal Best Place to Work, Florida Trends Best Company in Florida, American Business Award Sales Department of the Year, Inc Magazine INC5000 Fastest Growing Company, and American Society of Training and Development Excellence in Practice. Headquartered in Columbus, Ohio, RFC has branches throughout the country, and is seeking loan officers and branch managers to join their network of branches. NMLS#1652. Equal Housing Lender. Equal Opportunity Employer. Company contact: For media inquiries contact Jessica Manna, Chief Marketing Officer, at 614-255-4317 or visit www.residentialfinance.com; retail branching opportunities visit http://www.branching.residentialfinance.com; for career opportunities visit www.myrfccareers.com. ### All trademarks mentioned herein are property of their respective companies Thu, 29 Mar 2012 12:15:00 EST Residential Finance Corp. Opens New Operations Facility to Support Rapid Growth http://www.residentialfinance.com/_press.cfm?id=585 http://www.residentialfinance.com/_press.cfm?id=585 As the mortgage industry continues to reshape and redefine itself, Residential Finance Corp. (RFC), a nationwide mortgage lender, announced the growth of its retail branching division. The division, which was launched less than a year ago, has already opened 19 branches, with five additional offices slated to open before May 2012. To support this rapid growth, RFC has expanded its sales and operations center in Charlotte, N.C. from 2,000 square feet to a new 9,200-square-foot facility. Tue, 20 Mar 2012 12:15:00 EST Residential Finance Corporation Hires Colette Berrebi as Manager of Purcellville, VA Branch http://www.residentialfinance.com/_press.cfm?id=594 http://www.residentialfinance.com/_press.cfm?id=594 COLUMBUS, Ohio 3/9/2012 Residential Finance Corporation (RFC) (www.residentialfinance.com), an award-winning mortgage lender operating retail branch office locations in 32 states nationwide, announced hiring Colette Berrebi as Manager of its Prucellville, VA mortgage branch location. About Residential Finance Corporation Founded in 1997, Residential Finance Corporation (RFC) (www.residentialfinance.com), offers homeowners and homebuyers nationwide a wide range of home mortgage loan options, including special lower-rate government-insured FHA and VA loans, residential mortgage loans, jumbo mortgage loans, and reverse mortgages. RFCs highly-trained staff delivers mortgage expertise and customer service excellence, winning the company many awards, including Columbus Business First Corporate Caring Award, Columbus Business Journal Best Place to Work, Florida Trends Best Company in Florida, American Business Award Sales Department of the Year, Inc Magazine INC5000 Fastest Growing Company, and American Society of Training and Development Excellence in Practice. Headquartered in Columbus, Ohio, RFC has branches throughout the country, and is seeking loan officers and branch managers to join their network of branches. NMLS#1652. Equal Housing Lender. Equal Opportunity Employer. Company contact: For media inquiries contact Jessica Manna, Chief Marketing Officer, at 614-255-4317 or visit www.residentialfinance.com; retail branching opportunities visit http://www.branching.residentialfinance.com; for career opportunities visit www.myrfccareers.com. ### All trademarks mentioned herein are property of their respective companies Fri, 09 Mar 2012 12:15:00 EST Barry Habib, Residential Finance Corporation Executive, Proposes Housing Initiative http://www.residentialfinance.com/_press.cfm?id=581 http://www.residentialfinance.com/_press.cfm?id=581 Barry Habib, vice president and chief market strategist for Columbus, Ohio-based Residential Finance Corp. (RFC), has proposed a plan that would prevent foreclosures and strategic defaults. Tue, 21 Feb 2012 12:15:00 EST Residential Finance Corporation promotes Judith Tribble to Vice President of Legal and Compliance http://www.residentialfinance.com/_press.cfm?id=579 http://www.residentialfinance.com/_press.cfm?id=579 COLUMBUS, Ohio; December 5, 2011 Residential Finance Corporation, a national leader in mortgage banking, has promoted Judith Tribble as its Vice President of Legal and Compliance. Ms. Tribble, who has served as the Residential Finance Corporations Senior Corporate Counsel for the past two and one-half years, is in charge of directing Residential Finance Corporations legal, licensing, quality-control and compliance departments. In her tenure with Residential Finance Corporation, she has helped create a premier licensing and compliance operation, which has grown in significance and scope in recent years as a result of increased laws and regulations on local, state and federal levels. An industry veteran, Ms. Tribble is a frequent lecturer on topics relating to regulatory and compliance initiatives. Ms. Tribble has previously served in senior legal counsel roles with Insight Bank and Union Savings Bank. As the Residential Finance Corporation enlarges its national operation centers in Columbus, Tampa and Charlotte while expanding into new geographic markets and establishing itself as a seller-servicer of FNMA and GNMA loan portfolios, they anticipate significant growth of their enterprises throughout the year 2012. Ms. Tribble will help spearhead this drive. RFCs goal is to be the nations leading residential mortgage company. We need to deliver responsible products to consumers and minimize our legal and compliance risks. Our future depends on our leadership fostering a culture of excellent relations with our customers and our regulators. noted David K. Stein, Senior Vice President and General Counsel of Residential Finance Corporation. Mr. Stein further notes Jude Tribble is a proven leader in our organization and much of our success can be attributed to her efforts. Her problem-solving skills and proactive planning have allowed us to flourish and to better serve our customers and our employees. Ms. Tribble has Master of Law and Juris Doctorate degrees fr Mon, 05 Dec 2011 12:15:00 EST