Len Israel has been appointed senior vice president and national director of correspondent services for IndyMac Bancorp Inc., Pasadena, Calif.Mr. Israel will be responsible for managing the overall correspondent sales and business development for IndyMac Bank, as well as pursuing expansion opportunities, the company said. In addition, Mr. Israel will focus on new program implementation in the bank's Capital Markets Group, and will take an active role in operational and technology-based initiatives. In nearly 20 years in the mortgage industry, Mr. Israel has held senior-level positions in secondary marketing, operations, and wholesale lending, the company said. IndyMac Bank can be found online at http://www.indymacbank.com.
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However, for the second quarter, increased home purchase mortgage activity contributed to an industry-wide 11% increase in agency securitizations, BTIG said.
31m ago -
OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
1h ago -
President Dhivya Suryadevara is leaving the company shortly after assuming the job, the latest move as the company attempts to recover from an earnings slump.
2h ago -
Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
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Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
July 7 -
The HomeSafe Second product is now available in more than one third of all states, according to the reverse mortgage specialist.
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