Todd Luhtanen, vice president and chief technology officer at origination vendor Dynatek, Livonia, Mich., has been promoted to president and chief technology officer.In his new role, Todd Luhtanen will have responsibility for overseeing all sales, marketing, and support functions, as well as the company's general business operations, Dynatek said. Jack Luhtanen will continue in his role as Dynatek's chief executive officer and maintain his daily involvement in company operations, directing all aspects of its policies, objectives, and initiatives. Jack Luhtanen and Todd Luhtanen, together with Linda Luhtanen, established Dynatek in 1986. The company can be found on the Web at http://www.dynatek.com.
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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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