Fran Clemens, senior vice president at ABN Amro Mortgage Group Inc., Ann Arbor, Mich., has been named to the newly created position of manager of emerging markets.Ms. Clemens will work to expand AAMG's primary target markets to include low- to moderate-income, ethnically diverse, and first-time homebuyers, the company said. She will work with all AAMG divisions, including Standard Federal Bank and LaSalle Bank Retail Lending, to develop strategies to attract first-time homebuyers. Ms. Clemens, a 25-year veteran of the mortgage industry, has served in various sales and management positions in retail and wholesale mortgage lending, including a stint as senior vice president of InterFirst Wholesale Mortgage Lending.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
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Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
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Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
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Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
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The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
June 23 -
The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
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