Randall L. Raup has been named president of HSBC Mortgage Corp. and executive vice president of HSBC Bank USA, Prospect Heights, Ill., pending approval by the bank's board of directors.HSBC said Mr. Raup was previously senior vice president and chief financial officer of HSBC Mortgage, which he joined in August 2004 after 20 years at Household Finance. (In December, Household Finance was merged into Household International Inc., which has changed its name to HSBC Finance Corp.) HSBC-North America, which encompasses all of HSBC's U.S. and Canadian businesses, can be found online at http://www.hsbcusa.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
February 6 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




