David Kittle, the immediate past chair of the Mortgage Bankers Association, has joined IMARC, a mortgage auditing firm based in Santa Ana, Calif. A senior director at IMARC, Mr. Kittle will manage the firm's Washington office and will be responsible for government and industry relations as well as the development of client services. Before climbing to the top of the MBA leadership ladder, Mr. Kittle was president and chief executive officer of Principle Wholesale Lending in Louisville. After leaving his MBA post, he joined another former MBA chair, Regina Lowrie, at Vision Mortgage Capital, where he was executive vice president. He continues to serve on the MBA board. IMARC's clients are publicly traded mortgage investors and insurers.
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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.
August 10 -
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.
August 10 -
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.
August 10 -
HBT Financial in Bloomington, Illinois, has agreed to acquire Tri-County Financial Group in a deal valued $204.6 million.
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