Nicolas V. Chater has been named chief financial officer of HomeBanc Mortgage Corp., a subsidiary of HomeBanc Corp., an Atlanta-based real estate investment trust.Mr. Chater was most recently CFO for eight years with several business units of Cap Gemini Ernst & Young, a management and information technology consulting group. He will succeed Steve McClellan, who will move to the parent company to help build its organizational structure as a public REIT, the company said. HomeBanc recently completed its initial public offering.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
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Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
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Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
11h ago -
Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
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The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
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The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
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