Paul Peters, the former president of Hibernia Bank's mortgage division, has joined residential mortgage advisory firm KLS Consulting LLC, dba Mortgage Banking Solutions. Peters, who will be a senior mortgage consultant at MBS, will run a national practice focused primarily on bank and credit union-owned mortgage operations. He will advise banks and credit unions on cross selling, risk mitigation, and regulatory compliance issues, among others. In addition to being the former president of Hibernia's mortgage division, Peters also was president of Capital One Mortgage N.A. for two years after the latter company acquired the former.
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The filing alleges TWO executives engaged in a "stealth mission" to get the deal canceled, including subverting participation in a March shareholder vote.
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Some equity and credit agency researchers have lowered their sights in line with market changes, but their forecasts suggest stability for those that pivot.
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The new record arrives after five months of annual home-price growth, which surged to its highest in more than a year, according to ICE Mortgage Technology.
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The arm of the asset management giant is paying over $100 million for the Cherry Hill business started in part with Freedom Mortgage over a decade ago.
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The average down payment across the list was 17.1%, well above 13.1% nationally, and the median credit score was 766, compared with 747 countrywide.
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HBT Financial in Bloomington, Illinois, has agreed to acquire Tri-County Financial Group in a deal valued $204.6 million.
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