Elaine Batlis has been named president of Impac Warehouse Lending Group Inc., a division of Impac Mortgage Holdings Inc., Newport Beach, Calif.Ms. Batlis has more than 25 years of banking, mortgage warehousing, and consulting regulatory experience, Impac said. Most recently, she was president and chief executive officer of Naples, Fla.-based InSouth Funding Inc., a subsidiary of InSouth Bank specializing in nationwide mortgage warehousing. She was previously senior vice president, chief financial officer, and chief operating officer at Heritage Bank in Olathe, Kan., and has held various other positions in the banking industry.
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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 -
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 -
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 -
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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