Bob Repass has been promoted from senior vice president to managing director of Dallas-based Bayview First Funding, a division of Bayview Financial, a Miami-based real estate lending and investment finance company.In his new position, Mr. Repass will oversee the acquisition and servicing of seller-finance loans, Bayview Financial said. Before joining Bayview, Mr. Repass was operations vice president for the private mortgage operation of Associates Financial Services, which was acquired by Citigroup, and a national contract buyer for Metropolitan Mortgage & Securities. Bayview can be found online at http://www.bayviewfinancial.com.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
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