Bob Lewis has been named president of the Fifth Third Mortgage Co., Cincinnati.Mr. Lewis joined Fifth Third in 2005 as senior vice president and director of the residential mortgage wholesale channel. Before that, Mr. Lewis was wholesale national sales manager in the institutional lending division of Wells Fargo Home Mortgage. He previously managed Wells Fargo's correspondent banking business. Fifth Third Mortgage is a subsidiary of Fifth Third Bank, which can be found on the Web at https://www.53.com.
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
1h ago -
Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
6h ago -
Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
7h ago -
William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
7h ago -
The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
11h ago -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
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