Kenney Hayes has been named chief operating officer of Mortgage Banking Services Direct, a management consulting company specializing in mortgage banking, broker licensing, and lending-related technology. Ms. Hayes has 37 years of mortgage industry experience, the company said. Before joining MBSD, she developed joint venture relationships that combined mortgage operations with real estate companies in Oregon, Idaho, and Washington. Among her other positions was senior vice president in charge of mortgage lending at Bank of America. MBSD can be found online at http://www.mbsdgroup.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 -
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 -
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 -
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.
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