Veteran mortgage industry executive Zan Hamilton has been named chief executive officer of Lime Financial Services, Lake Oswego, Ore.Mr. Hamilton was most recently president and chief operating officer of Platinum Capital Group, and he was previously an executive vice president of Credit Suisse First Boston Financial Group. Lime, a regional subprime residential mortgage lender, said the privately held company is poised to expand its operations nationwide. Lime president Mike Baldwin pointed to Mr. Hamilton's contacts nationwide as key to the company's future growth. "I can't think of anyone better equipped than Zan Hamilton to form relationships with strategic partners and to establish and maintain key strategic markets," Mr. Baldwin said.
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Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
July 7 -
The HomeSafe Second product is now available in more than one third of all states, according to the reverse mortgage specialist.
July 7 -
The Department of Housing and Urban Development agreed to do more to manage due-and-payable obligations contingent on the availability of certain resources.
July 7 -
The ex-housing official is returning to a previous employer with the aim of helping guide the firm through an evolving landscape in federal policy.
July 7 -
A $160 million deal to merge Hometown Financial Group subsidiaries and Primary Bank will lead to consolidation under a single brand name of TruNorth.
July 7 -
The Aspire business reported $2.1 billion of lock volume, up 32% from the first quarter, but total production at the REIT fell to $8 billion from $8.5 billion.
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