Mitch Freifeld has announced his resignation as president of Global Branch Solutions to start Branch Management Solutions, Clearwater, Fla., which will provide guidance on recruiting, marketing, and training.The move "represents the culmination of years of work in the mortgage industry," Mr. Freifeld said. "My company's core focus will be to represent and market an innovative, new branch organization that will be making its debut in early 2007." Mr. Freifeld previously served for over 20 years as president of United Shelter Homes. He said he will maintain "a strong focus" on his work with the Coalition Against Broker Fraud, which he co-founded early this year in response to mounting fraud-related losses at mortgage firms.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
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