John P. Barnes has been named group vice president for residential services of LandAmerica Financial Group, a provider of real estate transaction services based in Richmond, Va.Mr. Barnes is an 18-year veteran of the mortgage industry who served most recently as executive vice president of sales at Dexma Inc., a mortgage software provider whose mortgage origination technology subsidiary he previously managed, LandAmerica said. He has also held positions at various other companies, including director of mortgage technology services at Freddie Mac. LandAmerica Financial can be found on the Web at http://www.landam.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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