Greg Jacobson has been named executive vice president and chief operating officer of KB Home Mortgage Co., a subsidiary of the Los Angeles-based homebuilder KB Home.A 20-year veteran of the mortgage industry, Mr. Jacobson was most recently chief executive officer of Closing Guard Inc., a multistate provider of real estate settlement services and mortgage-related software. He has also served as EVP/COO of Countrywide Warehouse Lending; president of Arlington Mortgage Investors; and managing director of Dryson Mortgage Finance Corp. KB Home can be found online at http://www.kbhome.com.
-
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
1h ago -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
1h ago -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
2h ago -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
3h ago -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
5h ago -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
5h ago