Glenn Brunker has been named president of Oak Street Mortgage LLC, a mortgage lender based in Carmel, Ind.Mr. Brunker was most recently executive director of marketing and retail sales of the company. He previously held executive positions at Household International, Bank One, and Boatmen's Bank. Steve Alonso, chairman and chief executive officer of Oak Street, said Mr. Brunker's assumption of the company's day-to-day operations "will allow me to more fully focus on driving strategy while identifying further growth and diversification opportunities." The company can be found on the Web at http://www.oakstreetmortgage.com.
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New American Funding also promoted Stacy Chevalier Northwest regional vice president, and MISMO added three members to its board of directors.
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A lawsuit claims the bureau regularly assigns higher-responsibility examination work to Black workers without corresponding pay bumps or promotions.
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GSE loans between 30 and 59 days late on their payments saw a 13 basis point rise in delinquency rates, while most non-agency MBS types saw annual increases.
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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.
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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 -
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.
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