Larry Jackson has been named to the newly created position of senior vice president of secondary marketing at DeepGreen Financial, a Cleveland-based online home equity lender.Mr. Jackson joins DeepGreen from Shore Mortgage, Birmingham, Mich., where he was chief financial officer. He was previously senior vice president for secondary marketing products and consulting at MortgageFlex Systems. At DeepGreen, he will manage the company's product offering, pricing, and investor relations and supervise its hedging and sales activities, the company said. DeepGreen can be found on the Web at http://www.deepgreenfinancial.com.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
11h ago -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
11h ago -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
11h ago -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25 -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25