Jeffery D. Rudolph has been named chief financial officer of Entrust Financial Services Inc., the Denver-based parent company of Entrust Mortgage Inc.Mr. Rudolph replaces David Hite, who resigned to pursue other opportunities but remains a company director. Entrust said Mr. Rudolph has "many years" of experience as a CFO, chief operating officer, and board member of several companies in various industries. Entrust can be found on the Web at http://www.entrustfs.com.
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The fintech's Figure Connect private credit loan exchange has grown to account for 56% of total consumer marketplace activity in early 2026.
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However, for the second quarter, increased home purchase mortgage activity contributed to an industry-wide 11% increase in agency securitizations, BTIG said.
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OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
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President Dhivya Suryadevara is leaving the company shortly after assuming the job, the latest move as the company attempts to recover from an earnings slump.
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Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
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Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
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