CBA Commercial LLC, a specialty commercial mortgage finance firm based in Stamford, Conn., has appointed Craig L. Knutson as executive vice president and chief information officer and Kent S. Nevins as EVP and general counsel.Mr. Knutson was previously president and chief operating officer of Ariasys Inc. and spent more than 20 years as a finance professional with such firms as Credit Suisse First Boston and Morgan Stanley & Co., CBA Commercial said. Mr. Nevins was formerly a partner at Pillsbury Winthrop LLP and its predecessor, Winthrop Stimson Putnam & Roberts. CBA Commercial said his career in private legal practice spans more than 20 years, during which he represented banks, mortgage lenders, developers, and others in real estate and capital market transactions. CBA Commercial can be found on the Web at http://www.cbaloans.com.
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The tool will provide helpful HELOC-related information to customer support staff to streamline the application process, Figure said Thursday.
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The five states with the lowest property taxes have an average effective real-estate tax rate of 0.44%.
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Ohio-based Liberty Home Mortgage joins several companies who started using a more modernized FICO credit score for nonconforming mortgage originations recently.
April 17 -
The CFPB has dissolved the Office of Supervision, Enforcement and Fair Lending and eliminated the job of associate director in a move that impacts how it designates nonbanks for supervision.
April 17 -
The plan that the Federal Housing Finance Agency floated calls for Freddie Mac to actively invest in some new closed-end seconds as cash-out refinancing subsides.
April 17 -
The push comes amid what one expert highlighted as lax funding efforts for two Department of Housing and Urban Development grant programs.
April 17