Lisa A. Duehring has been named president of Alliance Bancorp, a conduit, wholesale lender, and securitizer of residential mortgage-backed securities based in Brisbane, Calif.Ms. Duehring will be responsible for directing the company's Warehouse Lending Group and secondary marketing. Before joining Alliance, she was executive vice president at Impac Cos., Newport Beach, Calif., where she was employed from 1995 to 2005. Ms. Duehring was previously with Imperial Credit Industries, Glenfed Mortgage Corp., and RNG Mortgage/California Mortgage Service.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
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