Irwin Mortgage Corp., Columbus, Ind., has announced the selection of Minneapolis-based U.S. Bank as document custodian for its mortgage files.As custodian of the files, U.S. Bank will be responsible for file certification and storage and for compliance with standards set by Ginnie Mae, Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System, Irwin Mortgage said. Eric Knapp, vice president of Irwin Mortgage, said U.S. Bank's Internet reporting capabilities were "a deciding factor" in Irwin's choice of the bank. Irwin Mortgage is a subsidiary of Irwin Union Bank, and its ultimate parent company is Irwin Financial Corp. Irwin Financial can be found on the Web at http://www.irwinfinancial.com, and U.S. Bank can be found at http://www.usbank.com.
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The serial entrepreneur, who also created Rapid Reporting and American Transfer & Trust, plans to remain active in industry causes, a LinkedIn post said.
September 18 -
Almost 45% of buyers received a seller concession this summer, while more than 15% saw a reduction in the asking price to go along with it, according to Redfin.
September 18 -
With 55% of homeowners planning to renovate rather than relocate, demand for home improvement capital will be strong even if the purchase market slows further.
September 17 -
Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
September 17 -
The Securities and Exchange Commission said Rule 14a-8 exceeds its statutory authority and intrudes on matters of state law. Shareholder advocacy groups, however, argue that repealing the rule could reduce transparency.
September 17 -
Brian Johnson's nomination to lead the Consumer Financial Protection Bureau advanced to the full Senate Thursday morning in a party-line vote.
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