Dorado Corp., San Mateo, Calif., said that Dave Parker has been promoted to vice president, business development. In his new role, Mr. Parker will oversee all aspects of Dorado's business development efforts including technology and value-added reseller partnerships. He previously served as director of business development. In prior roles, he has served as director, sales platform development at Wells Fargo and chief executive officer at Praxis Technology Group. Before Wells Fargo, Mr. Parker served as chief operating officer at MortgageHub.
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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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