Virginia Martinez has been named senior vice president for the Southern California region of Metrocities Mortgage LLC, a residential mortgage lender based in Sherman Oaks, Calif.Ms. Martinez, a previous employee at Metrocities, will be responsible for managing the Sherman Oaks Loan Center, working with the company's MetroAmerica Division for expanding markets, and providing support for the Santa Barbara and Pasadena loan centers, Metrocities said. Ms. Martinez has had 25 years of experience in the financial industry, including 13 years in mortgage banking, the company said. She was most recently an area sales manager for Countrywide Home Loans. Before that, she managed several Metrocities loan centers in Los Angeles, Orange, and Ventura counties. Metrocities can be found online at http://www.metrocitiesmtg.com.
-
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 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
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 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









