Argent Mortgage will be a "major associate sponsor" for two cars owned by Andretti Green Racing, including the one being driven by Danica Patrick.The move apparently ends Argent's relationship with Ms. Patrick's former team, Rahal Letterman Racing, where it had been the primary sponsor of her car and that of former Indianapolis 500 winner Buddy Rice. The other car of which Argent will be the major associate sponsor is driven by Marco Andretti (son of team co-owner Michael Andretti), who in his first-ever Indianapolis 500 last May finished a very close second to Sam Hornish. "Danica and Marco are two of the most talented young drivers in racing and two of the sport's most recognizable names," said Argent president Sam Marzouk. "Bringing them together under the Argent banner creates an unbeatable combination to highlight our brand." The new primary sponsor for Ms. Patrick is Motorola, according to the Andretti Green website.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25 -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
April 25 -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25 -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25