Jack Radin has been named senior vice president for capital markets at MortgageIT Inc., the New York City-based mortgage lending subsidiary of MortgageIT Holdings.Mr. Radin, a 24-year veteran of the residential mortgage banking business, was most recently director of mortgage finance at E*Trade Financial, MortgageIT said. Before that he was a managing director of finance and business development for Pedestal Inc. in Washington D.C., where he developed a virtual Internet mortgage conduit. Mr. Radin has also held positions at Mellon Mortgage Co., Weyerhaeuser Mortgage Co., and Mason-McDuffie Mortgage Corp.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
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Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
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Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
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Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
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The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
June 23 -
The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
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