Tom Renshaw has been named president and chief operating officer of Team One Mortgage Services Inc., a subsidiary of Equus Resources Inc., a financial services company based in the Atlanta suburb of Roswell, Ga.Before joining Team One, Mr. Renshaw, 47, was a principal and co-founder of several companies, including an Atlanta-based mortgage company, Equus said. He has held real estate, mortgage, securities, and insurance licenses, and has experience in residential and commercial real estate sales, development, and finance as well as residential and commercial mortgage management, the company said. Team One can be found online at http://www.teamonemortgage.com.
-
Whereas AI can supercharge returns on investment in fulfillment and databases, the tech may also replace your entire staff, experts warned.
1h ago -
The company will now consider loans up to $819,000 as government-sponsored enterprise-eligible, even though it cannot sell them to the agencies until Jan. 1.
2h ago -
Acting CFPB Director Russ Vought has managed to neuter the Consumer Financial Protection Bureau through a series of actions. Senate Banking Committee Chairman Tim Scott, R-S.C., played a major role by cutting funding in half.
6h ago -
Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.
September 17 -
The Community Home Lenders of America and the Community Associations Institute want the FHA to insure loans on condos approved by Fannie Mae and Freddie Mac.
September 17 -
The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
September 17