Enterprise Community Investment Inc., a Columbia, Md.-based provider of capital for affordable housing, has announced a realignment of the company's management team as part of a restructuring of business lines.Charlie Werhane, formerly executive vice president and chief operations officer, has been promoted to vice chairman and COO. He will be the overall head of production for Enterprise's low-income housing tax credit syndication, multifamily mortgage, and structured finance product lines. Holly Stagmer, formerly the company's chief financial officer, has been promoted to EVP for finance, credit, and asset management, and Helen Whitehead has been promoted to EVP and chief administrative officer. Several other promotions were announced as well. The company noted that it had announced its intention last November to implement an integrated business model for all its community development products and services. Enterprise can be found online at http://www.enterprisecommunity.com.
-
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
2h ago -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
2h ago -
Regulators also accused Southern California-based E Mortgage of failing to properly supervise remote employees and cooperate with their examinations.
4h ago -
While borrowing activity increased from a year ago, seasonal patterns and economic concerns suggest near-term slowing, the Mortgage Bankers Association said.
5h ago -
Solve stages an acquisition, Intercontinental Exchange partners on new indices, Optimal Blue adds updates and Incenter offers a CRA loan trading platform.
5h ago -
LendingTree found that during 2024, May's median price for a 1,500 square foot home was $194.20 versus January's $178.60, a difference of $23,400.
6h ago