Tom Fiddler and John Manglardi have been named executive vice presidents of sales growth and development at Countrywide Financial Corp., Calabasas, Calif.The company said they will work together on strategic initiatives in Countrywide’s retail division, including enhancing technology and pricing strategies and spearheading growth in the government loan program segment. Mr. Manglardi served most recently as president of retail east sales for American Home Mortgage, where he shared sales and operations management responsibilities with Mr. Fiddler. He previously served as founder and president of First Home Mortgage, which he co-owned with Mr. Fiddler. Mr. Fiddler was most recently executive vice president for American Home Mortgage. In addition to co-owning First Home Mortgage with Mr. Manglardi, he also previously owned his own brokerage firm, Legacy Financial Inc. Countrywide can be found online at http://www.countrywide.com.
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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.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
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.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
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