The CSI Cos., a Jacksonville, Fla.-based staffing firm, recently announced the addition of mortgage industry veteran Deane W. Hall to its board of directors.Mr. Hall has more than 30 years of experience in the mortgage industry, including senior management positions with Fannie Mae, CSI said. He retired from JP Morgan Chase in April 2006 after 17 years of management responsibility with its mortgage subsidiary, Chase Home Finance, including service as an executive vice president and a member of the board. CSI said it works with a wide range of companies nationwide and has been "particularly successful" in working with the mortgage/banking industry in the Southeast. It can be found online at http://www.thecsicompanies.com.
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The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
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The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
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Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
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Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
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Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
August 12 -
In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
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