Roy DeLoach has been tapped by the National Association of Mortgage Brokers as its new chief executive.Mr. DeLoach, who most recently served as chief financial officer and senior vice president for government affairs for the now 27,000-member group, replaces Michael Nizankiewicz, who left the NAMB in March to pursue other career opportunities. The new executive vice president joined the NAMB's government affairs team in 2003. Before that, we was a staff attorney for the National Credit Union Administration and a legislative representative with the National Association of Realtors.
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Fathom Holdings acquired START Real Estate to expand its first-time homebuyer program, the company announced Thursday.
9h ago -
Noninterest income at the Minneapolis-based company jumped more than 10% during the third quarter, while asset quality improved and expenses held steady. "Our focus is very much on organic growth," said CEO Gunjan Kedia.
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Observers believe the government shutdown and lack of data is keeping mortgage rates in the same narrow range, as investors have issues reading the tea leaves.
October 16 -
The Detroit-based mortgage bank's announcement trailed competitors' by over two weeks, but is taking a more aggressive risk-reward stance on the limit.
October 16 -
Despite the decrease, average profit margins approached 50%, as the lock-in effect continues to stymie inventory growth and keep home values elevated.
October 16 -
The head of the government-sponsored enterprises' oversight agency also asked existing investors to review risk factors as officials eye a new public offering.
October 15