M. Wayne Lee, president of Argent Mortgage Co., has been named chief executive of corporate sibling Ameriquest Mortgage Co.Ameriquest Mortgage and Argent Mortgage are subsidiaries of Ameriquest Capital Corp., Orange, Calif. Ameriquest Mortgage is the retail unit, Argent the wholesale. Mr. Lee, who will remain as president of Argent, succeeds Kirk Langs. The company said Mr. Langs is retiring to spend more time with his family and pursue other interests. Mr. Lee became president of AMC Wholesale, the forerunner to Argent, in 2000. He has been with the Ameriquest organization for 20 years.
-
The new executive order could add lender competition for self-employed borrowers, potentially via a small loan carveout and one for portfolio products.
1h ago -
Eleven defendants face fraud and money laundering charges in a California case involving elderly homeowners and private lenders, prosecutors said.
2h ago -
There were an estimated 630,000, or 46.3%, more home sellers than buyers in the United States in February, according to a Redfin report.
3h ago -
United Wholesale Mortgage is offering revised terms. The mortgage real-estate investment trust that owns RoundPoint also received a third offer it's considering.
5h ago -
Federal Reserve Gov. Stephen Miran said it is too early to judge how U.S. involvement in the war with Iran will affect inflation and monetary policy.
5h ago -
The Trump administration hasn't formally charged Swalwell, Adam Schiff or Lisa Cook, while a federal court tossed a prosecution against Letitia James.
6h ago









