Robert M. Dunn has been named president of Oxford Funding Corp., a Houston-based asset resolution company specializing in the purchase and restructuring of subprime residential and commercial mortgage portfolios.Mr. Dunn was most recently the owner and manager of San Felipe Commercial Mortgage, which Oxford Funding recently announced its intention to acquire. He was previously president of Angelina Capital Corp., a mortgage lender, from 1992 to 1998. Oxford has also announced that it plans to acquire Huntington Financial Corp., a Houston-based commercial and residential mortgage broker. Oxford Funding can be found on the Web at http://www.oxfordfunding.com.
-
The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
10h ago -
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.
11h ago -
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 -
But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
April 18 -
The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
April 18