Peter Goldberg has been named president of Ohio Savings Bank/Am Trust Bank, a major mortgage lender based in Cleveland, replacing Robert Goldberg, who had served in that post since 1971.Robert Goldberg will now become chief executive officer of the financial institution. Peter Goldberg has been employed by Ohio Savings for more than 15 years in various capacities, most recently as chief operating officer, the lender reported. Ohio Savings can be found online at http://www.ohiosavings.com, and Am Trust can be found at http://www.amtrustdirect.com.
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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.
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.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
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 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
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