Following a national search, Doris W. Koo has been named president and chief executive officer of Enterprise Community Partners, a provider of development capital and expertise for affordable housing based in Columbia, Md.Ms. Koo, who is now an executive vice president, will succeed Bart Harvey as president and CEO on Jan. 1, at which time Mr. Harvey will assume the full-time role of chairman of the board of Enterprise Community Partners, Enterprise Community Investment, and Enterprise Community Loan Fund. The company said Ms. Koo has 30 years' experience in affordable housing and community development. Before joining Enterprise in 2001, she was deputy executive director of the Seattle Housing Authority. The company can be found online at http://www.enterprisecommunity.org.
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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 -
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 -
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 -
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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