Ruthann K. Melbourne has been named executive vice president and chief risk officer of enterprise risk management at Pasadena, Calif.-based IndyMac Bank.Ms. Melbourne, who joined IndyMac in 2003, previously served as senior vice president and chief interest rate risk officer of enterprise risk management. IndyMac Bank also named two senior vice presidents: Gregory S. Sosnovich, SVP and chief accounting officer in the corporate accounting division at its Pasadena office, and Tim Landwehr, SVP of IndyMac's Home Construction Lending division in Norcross, Ga.
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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.
September 24









