Danica Patrick, who serves as a spokeswoman and trade show booth attraction for Argent Mortgage, will be switching from Rahal Letterman Racing to Andretti Green Racing for the 2007 Indy Racing League season, raising questions about her continued association with Argent.Argent had sponsored her car when she raced in the lower levels of open-wheel racing for Rahal Letterman. Besides sponsoring Ms. Patrick's car, Argent sponsors the car of her teammate, Buddy Rice, a former winner of the Indianapolis 500. A news release from Andretti Green did not mention the sponsorship situation. Published reports had Bobby Rahal, one of the owners of Rahal Letterman (the other being television personality David Letterman), saying the Argent sponsorship was the team's and not Ms. Patrick's. Argent had not replied to a request for comment by MortgageWire's deadline. At the end of June, Argent said it would use Ms. Patrick in the marketing of its new alternative-A product line.
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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 -
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 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









