Option One Mortgage Corp., Irvine, Calif., has announced the formation of a partnership with San Diego-based Prado Mortgage to help expand Option One's services to the Hispanic community and help Prado better serve its customers.Option One said the partnership was developed through its working relationship with Prado chief executive officer Gary Acosta and its involvement with the San Diego-based National Association of Hispanic Real Estate Professionals. Success in developing products for the Hispanic market "requires relentless innovation, so we wanted to align ourselves with a major lender that takes that approach to product development," Mr. Acosta said. Details of the alliance were scheduled to be announced at NAHREP's Hispanic Marketing Convention & Expo. Option One, a residential lender and a subsidiary of H&R Block, can be found online at http://www.optiononemortgage.com.
-
In an interview, Candor Technology's Sara Knochel recounts how she applies her childhood interest in languages and numbers to crucial home lending issues.
7h ago -
Harmonizing standards for liquidity coverage ratios and discount window pledges could prevent the type of strains that led to last year's bank failures, according to a new paper whose authors include former Federal Reserve Govs. Dan Tarullo and Jeremy Stein.
March 27 -
The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.
March 27 -
The lender accused its former leader of compromising its Fannie Mae seller/servicer number to prevent it from delivering loans.
March 27 -
Equity is entitled to a little over $70,000 worth of damages.
March 27 -
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
March 27