Industry veteran Bob Lewis has been named senior vice president and director of the residential mortgage wholesale channel at Fifth Third Bancorp, Cincinnati, as part of an effort to boost Fifth Third's wholesale market share.The company said Mr. Lewis will be responsible for the growth of sales and fulfillment of mortgage loan origination from broker relationships throughout the East. Mr. Lewis joins Fifth Third from Wells Fargo Home Mortgage, where he served as wholesale national sales manager in the institutional lending division and previously managed its correspondent banking business. In connection with the planned expansion of wholesale operations, Fifth Third said Mr. Lewis has appointed Scott Enders vice president and national operations manager and the following as vice presidents and regional division managers: Chris Shrader for the West region; Jim Hensley for the Southeast; and Christopher Knox for the Northeast.
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A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from passing their own laws prohibiting medical debt on credit reports.
6h ago -
Dr. Mark Calabria takes on the additional role of chief statistician of the United States; retired Ally Bank executive Diane Morais has joined First Citizens Bancshares' board of directors; MainStreet Bank has promoted Alex Vari to chief financial officer; and more in this week's banking news roundup.
9h ago -
While refinances are behind the latest increases, the pace of purchase activity may be a stronger indicator of where the housing market sits.
11h ago -
The share of economists expecting a September rate reduction grew in the July Wolters Kluwer survey, but the October or later percentage also increased.
11h ago -
Rising home prices and softening sales offer a mixed view of a market that some say is shifting to favor buyers.
July 11 -
The notes are backed by home improvement installment loans originated by approved dealers in Foundation Finance Company's network.
July 11