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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The new law adds rules, including counseling requirements, which would put severe constraints on originations of HEIs, an industry representative said.
6h ago -
Federal Reserve Gov. Christopher Waller said certain corporate functions at the 12 regional banks, including information technology and human resources, could be consolidated under one structure to increase standardization and reduce costs.
7h ago -
More than 21% of reverse mortgage clients entered counseling with a deficit in their monthly budget last year, almost double the 12.2% of clients in 2024.
8h ago -
Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, denied that he would act as Trump's "sock puppet" if he's confirmed and said the president has directed him to lower interest rates.
9h ago -
The Chicago-based homeowners received a $41,000 check to pay down a portion of their existing mortgage, freeing them from the lock-in effect, DREAM product provider Takara said.
11h ago -
March home sales increased 31.6% from February, the largest month-over-month jump since 37.4% in 2023, according to Remax's latest national housing report.
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