Daniel Jacobs has been promoted to chief executive officer of 1st Metropolitan Mortgage, a Charlotte, N.C.-based national mortgage broker.In addition to directing daily operations and developing new business strategies, Mr. Jacobs will continue as director of corporate acquisitions for Empire Equity Group Inc., of which 1st Metropolitan is a division. Before joining 1st Metropolitan, Mr. Jacobs worked as branch, regional sales, and national sales manager for Empire, as well as vice president of business development. In that capacity, he designed a beta-test program that enabled loan officers to work from remote locations, ultimately leading to the acquisition of 1st Metropolitan, the company said.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
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The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




