Mary Salinas Durón has been named executive vice president of the national multicultural sales group of Countrywide Home Loans Inc.Ms. Durón will oversee Countrywide's House America branches and national counseling center, which provides home loan counseling and homebuyer education. The multicultural sales group provides business development and sales support for the company's various business channels, focusing on affordable loan products, sales force diversity, consumer education, and relationship building among community, faith-based, and industry organizations, Countrywide said. Ms. Durón was previously senior vice president and director of Countrywide's national emerging markets group and its House America and fair-lending efforts. She has more than 20 years of experience in community reinvestment and fair-lending programs. Countrywide can be found online at http://www.countrywide.com.
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The founder who was recently ousted as CEO said he wants to return the company to its positive trajectory, after last week's shakeup battered its stock price.
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The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
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While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
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The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
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More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
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For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
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