Fairway Independent Mortgage Corp., Sun Prairie, Wis., has expanded into New England, opening a branch in the Boston suburb of Brookline, Mass.Amy Tierce is joining the company as president of Fairway New England Mortgage. Ms. Tierce is a top producer in the industry, with nearly $100 million in volume in 2003, and is also well-known as a motivational speaker. Running the office with Ms. Tierce is vice president Deana Auman, who has 12 years of experience on the operational side of the mortgage business, Fairway said. The new office will have a five-state territory: Massachusetts, Maine, Connecticut, Rhode Island, and New Hampshire. Fairway Independent has 90 branches nationwide.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25 -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
April 25 -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25 -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25