Joyce S. Mizerak has resigned as president of Hanover Capital Partners 2 Ltd. and senior managing director of Hanover Capital Mortgage Holdings Inc., Edison, N.J.John A. Burchett, chairman and chief executive officer of Hanover Capital Mortgage, a real estate investment trust, said Ms. Mizerak was a cofounder of the mortgage REIT's predecessor firm in 1989. "However, in light of the recent sale of the due diligence business of Hanover Capital Partners 2 Ltd., Joyce has decided to leave the firm to pursue other opportunities," he said. The REIT can be found online at http://www.hanovercapitalholdings.com.
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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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