Deutsche Bank has hired two managing directors to posts in its mortgage-backed securities unit.Neil Ahuja has been named managing director and head of the MBS group, and Jon Roach has been named managing director and head of mortgage derivative trading. Mr. Ahuja had previously been responsible for trading, origination, and risk management for the agency, collateralized mortgage obligation, residential conduit, and mortgage derivative desks at RBS Greenwich Capital. Mr. Roach was previously head of mortgage derivative trading at RBS Greenwich Capital. A Deutsche Bank spokeswoman could not be reached for comment by MortgageWire's deadline on whether the hiring was done to expand the company's staff or to fill vacancies.
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But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
41m ago -
The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
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The tool will provide helpful HELOC-related information to customer support staff to streamline the application process, Figure said Thursday.
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The five states with the lowest property taxes have an average effective real-estate tax rate of 0.44%.
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Ohio-based Liberty Home Mortgage joins several companies who started using a more modernized FICO credit score for nonconforming mortgage originations recently.
April 17 -
The CFPB has dissolved the Office of Supervision, Enforcement and Fair Lending and eliminated the job of associate director in a move that impacts how it designates nonbanks for supervision.
April 17