Deloitte & Touche, New York, has hired investment banking veteran Brenda White to head its consumer and financial services department.Ms. White joins the accounting firm from B. B. White & Co., an advisory boutique that she launched a few years ago. During her career on Wall Street she has been a managing director at UBS and Salomon Brothers, working on several large mortgage banking-related acquisitions. She will split her time between D&T's New York and northern New Jersey offices. A few weeks ago, Fannie Mae, which is mired in an accounting scandal, hired D&T as its independent auditor. The firm also has been working for the Office of Federal Housing Enterprise Oversight, conducting a special forensic investigation of the troubled government-sponsored enterprise.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
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Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
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Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
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Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
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The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
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The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
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