Donna "Sissie" Childress has been named president of Community Resource Mortgage Inc., Orangeburg, S.C., a subsidiary of Community Bankshares Inc.Ms. Childress was most recently executive vice president and manager of loan operations at the mortgage company. She replaces Wade Douroux, who recently left the company to pursue "other opportunities," Community Bankshares said. Ms. Childress established an independent mortgage company in 1992 and launched two other mortgage businesses, Community Bankshares said. The company can be found on the Web at http://www.communitybanksharesinc.com.
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The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
11h ago -
The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
11h ago -
Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
August 12 -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
August 12 -
Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
August 12 -
In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
August 12








