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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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 -
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 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
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 -
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 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









