Rob Katz has been named executive vice president of sales and marketing at Del Mar Database, a San Diego-based Fiserv subsidiary that specializes in providing technology to small and medium-size lenders.Before joining Del Mar in 2001, Mr. Katz was chief information officer at Monument Mortgage. Del Mar also announced the promotion of Rob Pommier to the position of vice president of national sales. The company can be found on the Web at http://www.delmardb.com.
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.
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
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.
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
