Dom Cecere has been promoted to executive vice president and chief financial officer of KB Home, a Los Angeles-based homebuilder, and Bill Hollinger has been promoted to senior vice president and chief accounting officer of the company.KB Home said Mr. Cecere has been CFO since joining the company in 2002, and he previously held senior management posts with Owens Corning, including chief operating officer. Mr. Hollinger has held several positions at KB Home since joining the company in 1987. KB Home can be found online at http://www.kbhome.com.
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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 -
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 -
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 -
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 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
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