Dallas based Mortgage Search & Acquisition said today that Chris Meyer will be joining the company as managing director of the company's new Phoenix office. Mr. Meyer has an executive recruiting background stemming 30 years, beginning in 1980 with the John Hancock Co. in Anchorage Alaska where he worked with financial planners in recruiting candidates for investment opportunities. In 1982, Mr. Meyer relocated to Phoenix to start his own firm, resulting in two decades of recruiting within the distribution technology area, targeting business owners across the U.S. within a wide spectrum of industries. He joined Arizona-based Competent Search in 2002, where he developed a mortgage banking specialty, delivering highly personalized, results driven recruiting services to Wells Fargo Home Mortgage nationwide. After successfully opening multiple states and training new recruiters for Competent Search, Mr. Meyer began focusing on the Southern California market, transitioning in excess of $800 million annually in branch acquisitions and top performers in the retail and builder sectors. MSA specializes solely within the mortgage banking and financial services industry, providing over 25 years of experience in executive recruiting and acquisition services to its national client base.
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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.
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New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
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Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
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As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
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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.
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The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
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