Thomas M. Goldstein has been named chairman, president and chief executive of ABN Amro Mortgage Group, Chicago.In this role he will oversee all mortgage and home equity line of credit business. Most recently Mr. Goldstein was the senior executive vice president and chief financial officer for its parent LaSalle Bank Corp. He replaces current AAMG chairman Scott Heitmann who has announced his retirement effective April 1. Current AAMG president Stanley Rhodes will become the group's vice chairman. "The mortgage business is a key long-term strategic focus for LaSalle Bank Corp. in North America," remarked Norman R. Bobins, president and chief executive of LaSalle Bank Corp. "His experience and tenure in the financial services industry and as CFO of LaSalle Bank Corp. will be instrumental in growing AAMG's customer base and in expanding its market coverage." Mr. Goldstein will report to Mr. Bobbins and remain a member of LaSalle Bank Corp.'s executive committee.
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The government guarantor aims to distinguish delinquencies reported as a result of a Federal Housing Administration rule change from broader market trends.
April 24 -
The Long Island-based regional bank, which has been in turnaround mode for two years, reduced its earnings per share guidance for 2026 and 2027. It cited an expected decrease in net interest income due to higher levels of payoffs and paydowns in commercial real estate.
April 24 -
Delinquencies also showed signs of overall improvement in March, despite an increase in foreclosure numbers, ICE Mortgage Technology said.
April 24 -
But in its earnings release, parent company Hilltop Holdings warned its full year 2026 results are going to be impacted by things outside of its control.
April 24 -
U.S. Attorney for the District of Columbia Jeanine Pirro said in a social media post Friday morning that the Justice Department is closing its investigation into Federal Reserve Chair Jerome Powell, clearing a path for Kevin Warsh to be confirmed as Powell's replacement.
April 24 -
The bank denied Black, Latino and Asian mortgage applicants roughly twice as frequently as white applicants in North Carolina, according to a study from the Americans for Financial Reform Education Fund.
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