Christopher S. Stinebert has been named president and chief executive officer of the American Financial Services Association, effective Nov. 1.This timing will allow a two-month transitional period before Randy Lively, the AFSA's current president, retires on Dec. 31. Mr. Stinebert currently serves as president and chief executive officer of the Manufactured Housing Institute in Arlington, Va. Before joining the MHA in 1998, he was president and chief executive officer of the National Concrete Masonry Association in Herndon, Va.
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The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
10h ago -
The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
10h ago -
Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
11h ago -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
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Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
August 12 -
In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
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