CoreStar Financial Group, a Timonium, Md.-based mortgage banking company focused on the subprime market, has named Kurt Kabula to lead the expansion of its national wholesale division in the Southeast.CoreStar said its rapid growth in Florida, Georgia, Alabama, and the Carolinas is expected to result in a 200% increase in its geographically dispersed employee base by the end of the year. Because Mr. Kabula's immediate focus will be on developing sales in Florida, he will be based in Ft. Lauderdale, but will spend an equal amount of time in Timonium, CoreStar said. The company can be found on the Web at http://www.corestar.com.
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The GSEs' financials are strong but odds are against a short-term change to conservatorship that would give stockholders access to their profits, Mizuho said.
20m ago -
The promotion offers rate cuts as much as 25 basis points on new-home purchases as well as rate-and-term and cash-out refinance loans from May 4 through May 17.
4h ago -
"In looking at eight currently available proprietary RM products, there is a distinct relationship between HECM growth rates and proprietary product availability," Reverse Market Insight said.
5h ago -
The top bullet point in Two Harbors' rejection notice is the Mizuho credit facility does not constitute committed financing for UWM to pay for the deal.
7h ago -
The combination adds to a wave of broader merger and acquisition activity that includes an ongoing bidding war over RoundPoint Mortgage owner Two Harbors
May 4 -
The litigants, with some of the industry's deepest pockets, may be filing the rare cases to flag and potentially punish bad brokers, one expert said.
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