Matthew Connelly has been named executive vice president of corporate strategy at GoApply Inc., a mortgage and financial services organization based in Aliso Viejo, Calif.Mr. Connelly will focus on developing new technologies and electronic business applications to help streamline the application and decision-making processes for consumers seeking to improve their financial health, the company said. He is also charged with building the network of accredited business partners who help service GoApply's consumer base. Mr. Connelly was most recently senior vice president of Home Loan Center in Irvine, Calif. GoApply can be found online at http://www.goapply.com.
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New American Funding also promoted Stacy Chevalier Northwest regional vice president, and MISMO added three members to its board of directors.
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A lawsuit claims the bureau regularly assigns higher-responsibility examination work to Black workers without corresponding pay bumps or promotions.
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GSE loans between 30 and 59 days late on their payments saw a 13 basis point rise in delinquency rates, while most non-agency MBS types saw annual increases.
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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.
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As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
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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.
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