Thomas Karanian has been named to the newly created post of senior vice president of technology and data operations of Lewtan Technologies Inc., a provider of asset-backed securities surveillance data and analytics based in Waltham, Mass. Mr. Karanian will retain his title of chief technology officer. The creation of the new post reflects the combination of the data services, development, and operations departments into a single organization, Lewtan said. Before joining Lewtan in 2005, Mr. Karanian was vice president of engineering and services of NewsEdge Corp. and vice president of technology for Dialog at Thomson Corp., which acquired NewsEdge.
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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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