Thomas M. Goldstein, chairman and chief executive officer of ABN Amro Mortgage Group Inc., has been elected to a three-year term on the board of the Chicago Federal Home Loan Bank.He was elected by the Illinois member financial institutions of the FHLBank. Mr. Goldstein is also senior executive vice president of LaSalle Bank Corp., the parent company of ABN Amro Mortgage, the FHLBank reported. He has served on the Chicago FHLBank board since April 2005, when he was appointed by the board to assume the term of Scott Heitmann, who retired from the board and from his position as vice chairman of LaSalle Bank Corp. The Chicago FHLBank can be found online at http://www.fhlbc.com.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









