Serene Rosenberg has been named chief operating officer of HomeView Lending Inc., an Orange County, Calif.-based lender serving the nonprime, alternative-A, and option adjustable-rate mortgage markets.Ms. Rosenberg was most recently COO of Acoustic Home Loans, a nonprime wholesale lending affiliate of MetroCities Mortgage. She was previously a senior vice president and corporate credit officer at New Century Mortgage Corp. HomeView can be found on the Web at http://www.homeviewlending.com.
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United Bank and Five Points Bank, both ranked among the top-performing banks by Capital Performance Group, said they have stayed in the mortgage business because they see it as a way to build strong relationships in the communities they serve.
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The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
August 12 -
The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
August 12 -
Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
August 12 -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
August 12 -
Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
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