Nancy Detert, a Florida mortgage broker running for Congress, finished second in the Republican primary for the state's 13th Congressional District.According to unofficial returns provided by the Florida Department of State's Division of Elections, Ms. Detert received 15,784 votes, or 24.4% of the total, finishing behind Vern Buchanan, who received 20,903 votes (32.3%), and ahead of Tramm Hudson, who received 15,522 (24.0%) in the five-person primary. The seat she sought is being vacated by Rep. Katherine Harris, R-Fla., who is running for the U.S. Senate. Ms. Detert is the founder and owner of Osprey Mortgage Co., Venice, Fla., and a member of Florida's House of Representatives.
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The lender, which reported over $200 million in home equity line of credit volume in the recent quarter, suggests the business can deliver massive scale.
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Regulators are nearing a key step in overhauling credit scoring as the MBA touts its influence on GSE policy and close alignment with Washington leaders.
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The state court seemed open to a narrower view of the legal applicability to loans predating the statute than of broad constitutional challenges to it.
October 20 -
In dollar terms, the amounts consumers had to come up with increased by $500 on a consecutive quarter basis, in contrast to a $100 drop the year before.
October 20 -
The rollout comes as the company looks to build out offerings for originators, launching after PHH returned to the proprietary reverse-mortgage arena this year.
October 20 -
Six trade groups warned the administration layoffs and funding freezes could dampen lending, threatening the administration's goal of economic growth.
October 20