Steve Bredeson has been named director of home equity lending at Greystone Residential Funding Inc., a mortgage banking company based in Middleton, Wis.Mr. Bredeson has more than 25 years of experience as a banking executive in Chicago and elsewhere in the Midwest, Greystone said. He was most recently the manager of Banco Popular's Broker Home Equity Program. Greystone can be found on the Web at http://www.greystonerf.com.
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.
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
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.
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
