Lee Y. Moriwaki has been promoted from executive vice president to senior executive vice president of mortgage banking at Bank of Hawaii Corp. and will become a member of the bank's Managing Committee. Mr. Moriwaki, who is responsible for consumer lending as well as mortgage banking, reports to Peter S. Ho, who has been promoted to president of the bank, the company said. Mr. Moriwaki has been with the bank for more than 25 years and has served in management positions in retail banking, finance and investments, trust operations, and information systems and technology. The bank can be found on the Web at https://www.boh.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.
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 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
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 -
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 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









