Cassius Cade IV has been named senior vice president and western regional sales manager for Capital Markets Cooperative, a provider of consulting and risk reduction services based in Ponte Vedra Beach, Fla.Mr. Cade will be responsible for opening up the U.S. West Coast to CMC, the company said. Mr. Cade has more than 20 years of mortgage banking and capital markets experience. He served for six years as vice president and regional sales director for ABN Amro Mortgage Capital Markets Group. From 1998 to 2000, Mr. Cade was regional sales director for Tuttle & Co., and from 1994 to 1998, he served as first vice president in institutional sales for Principal Financial Securities Inc., according to CMC.
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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