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.
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A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from passing their own laws prohibiting medical debt on credit reports.
6h ago -
Dr. Mark Calabria takes on the additional role of chief statistician of the United States; retired Ally Bank executive Diane Morais has joined First Citizens Bancshares' board of directors; MainStreet Bank has promoted Alex Vari to chief financial officer; and more in this week's banking news roundup.
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While refinances are behind the latest increases, the pace of purchase activity may be a stronger indicator of where the housing market sits.
11h ago -
The share of economists expecting a September rate reduction grew in the July Wolters Kluwer survey, but the October or later percentage also increased.
11h ago -
Rising home prices and softening sales offer a mixed view of a market that some say is shifting to favor buyers.
July 11 -
The notes are backed by home improvement installment loans originated by approved dealers in Foundation Finance Company's network.
July 11