Martopia, a marketing and public relations firm specializing in the mortgage and financial services industry based in Chicago, has hired Michael Hammond as vice president of business strategy.Before joining Martopia, Mr. Hammond worked for nine years as the director of sales and marketing for origination vendor Dynatek. In this capacity, he was responsible for developing sales and marketing programs, reshaping corporate focus and increasing revenue and market share. In his new position, Mr. Hammond will drive the development of business and communication strategies for Martopia's clients. Mr. Hammond will serve in a consultative role for clients and be actively involved in crafting results-driven marketing and public relations programs. The company can be found on the Web at http://www.martopia.com.
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The new law adds rules, including counseling requirements, which would put severe constraints on originations of HEIs, an industry representative said.
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Federal Reserve Gov. Christopher Waller said certain corporate functions at the 12 regional banks, including information technology and human resources, could be consolidated under one structure to increase standardization and reduce costs.
April 21 -
More than 21% of reverse mortgage clients entered counseling with a deficit in their monthly budget last year, almost double the 12.2% of clients in 2024.
April 21 -
Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, denied that he would act as Trump's "sock puppet" if he's confirmed and said the president has directed him to lower interest rates.
April 21 -
The Chicago-based homeowners received a $41,000 check to pay down a portion of their existing mortgage, freeing them from the lock-in effect, DREAM product provider Takara said.
April 21 -
March home sales increased 31.6% from February, the largest month-over-month jump since 37.4% in 2023, according to Remax's latest national housing report.
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