Irwin Financial Corp., Columbus, Ind., the holding company for Irwin Union Bank and Trust Co., has announced the appointment of Jocelyn Martin-Leano as president of Irwin Home Equity Corp., a subsidiary of the bank.Ms. Martin-Leano, 45, has been employed by Irwin Home Equity since shortly after its founding in 1996 and has held leadership positions in both servicing and operations, Irwin Financial said. She was promoted to executive vice president of operations in 2005 and was named interim president later that year upon the retirement of Irwin Home Equity's president, Elena Delgado, the company said. Ms. Martin-Leano was previously employed in the mortgage divisions of ITT Residential Capital Corp., Bank of America, and Citibank. Irwin Home Equity can be found online at http://www.ihe.com.
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The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.
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The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.
2h ago -
The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
April 18 -
In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.
April 18 -
The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
April 18 -
The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
April 18