Dan Thoms has been named senior vice president for sales and strategic initiatives at AllRegs, an Eagan, Minn.-based online publisher of reference information for the residential mortgage lending industry.Mr. Thoms was most recently vice president of education and business development for the Mortgage Bankers Association, where he was instrumental in the launch of CampusMBA, the association's educational division, AllRegs said. Before joining the MBA, Mr. Thoms served as associate director of The Center for Learning and Educational Technology at the University of Maryland in College Park, Md. AllRegs can be found online at http://www.allregs.com.
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United Bank and Five Points Bank, both ranked among the top-performing banks by Capital Performance Group, said they have stayed in the mortgage business because they see it as a way to build strong relationships in the communities they serve.
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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.
August 12 -
The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
August 12 -
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.
August 12 -
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.
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