Huntington Bank, Columbus, Ohio, has hired James J. Plum as senior vice president and director of consumer lending. For the past five years, Mr. Plum has led home lending programs for Citizens Financial Group, most recently serving as president of Home Lending Solutions for RBS Citizens. He has worked as a banking executive in Cincinnati since 1990 and has worked in residential lending since 1996. In addition to his most recent role for RBS Citizens, he has served as executive vice president for both Home Lending Solutions and National Home Equity for Citizens Financial Group. He has also held leadership roles with Provident Financial and Bank One. Mr. Plum is a member of the National Secondary Markets Advisory Board for Fannie Mae and also serves on the Lender Advisory Council for LendingTree.com.
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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.
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