Richard Eampietro has been named senior vice president and Western divisional manager of American Mortgage Network, a San Diego-based wholesale mortgage bank serving mortgage brokers.AmNet said he will be responsible for the division's loan production offices in Arizona, California, Colorado, Oregon, and Washington. Before joining AmNet, Mr. Eampietro was national production manager for RBC Mortgage. He was previously executive vice president and national production manager at First Nationwide Mortgage and a vice president of CitiMortgage. AmNet is the mortgage banking subsidiary of American Residential Investment Trust Inc., which can be found on the Web at http://www.amerreit.com.
-
The lender recorded a $59 million net loss in the fourth quarter, an 83% improvement from its third quarter performance.
2h ago -
Initial analyses of Home Mortgage Disclosure Act data show UWM ahead in 2023 loan numbers and dollar volume, but Rocket's market share still looks competitive.
3h ago -
Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.
3h ago -
The pending end of the program comes as over half of U.S. states have already ceased accepting new applicants for federal aid aimed to help struggling households with mortgage payments.
4h ago -
But the 30-year fixed rate mortgage is still near 7%, and that remains the overhang on the housing market, Freddie Mac said.
4h ago -
Mortgage payments rose 10% year-over-year to an all-time high for March, Redfin said.
5h ago