Robert G. Partlow has resigned his position as senior vice president and chief financial officer of Fieldstone Investment Corp., a residential mortgage banking company based in Columbia, Md., according to Fieldstone.The company said Mr. Partlow resigned for personal and family reasons. He will remain with Fieldstone until Aug. 5. The company said it has launched a search for a new CFO. Fieldstone can be found online at http://www.fieldstoneinvestment.com.
New American Funding also promoted Stacy Chevalier Northwest regional vice president, and MISMO added three members to its board of directors.
A lawsuit claims the bureau regularly assigns higher-responsibility examination work to Black workers without corresponding pay bumps or promotions.
GSE loans between 30 and 59 days late on their payments saw a 13 basis point rise in delinquency rates, while most non-agency MBS types saw annual increases.
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.
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
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.