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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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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