Bob Jakubowicz has been named executive director of retail sales at Oak Street Mortgage LLC, Carmel, Ind., replacing company president Glenn Brunker in that role.Mr. Jakubowicz was most recently senior director of retail sales with Oak Street. The company said he "has a track record of building high-growth sales organizations" with several large financial institutions, such as Bank One, Household International, and First National Bank of Chicago. Oak Street can be found online at http://www.oakstreetmortgage.com.
-
The founder who was recently ousted as CEO said he wants to return the company to its positive trajectory, after last week's shakeup battered its stock price.
4h ago -
The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
August 13 -
While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
August 13 -
The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
August 13 -
More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
August 13 -
For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
August 13









