Colleen Hernandez has been named president and executive director of the Homeownership Preservation Foundation, Minneapolis, effective July 5.Ms. Hernandez was executive director of the Kansas City Neighborhood Alliance for 18 years, and she was most recently the principal of Hernandez Consulting LLC, which specializes in affordable housing and community development. She served on the board of directors of the Federal Reserve Bank of Kansas City for six years and on the Consumer Advisory Council to the Federal Reserve Board, the Homeownership Preservation Foundation said. The foundation, a nonprofit organization dedicated to reducing foreclosures and preserving homeownership, can be found online at http://www.hpfonline.org.
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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 -
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









