Katty Chow has been named head of residential mortgage lending at Pacifica Bank, Bellevue, Wash., as part of the bank's effort to enhance its consumer mortgage lending program.Ms. Chow, a senior vice president, said Pacifica has joined forces with locally run mortgage companies that "provide onsite underwriting with Wall Street pricing." John A. Kennedy, president and chief executive officer of Pacifica, said many of the bank's customers are immigrants who are "underserved by the many mortgage companies that have a 'cookie-cutter' approach to mortgage services."
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Regulators specifically called out Academy's directors for their failure to properly oversee operations and conduct audits in a consent order.
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A shareholder suit says executives are responsible for stock losses in failing to disclose behind-the-scenes moves related to the ill-fated Two Harbors deal.
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Retail sales fell 0.6% in July despite a World Cup bump and the University of Michigan's consumer sentiment index declined to cap off a pivotal week of economic indicators.
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The six underwriters did 17% more business versus the second quarter of 2025, with earnings per share estimates increased for four of them as a result.
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The structure contains seven tranches of class A notes, including two tranches for first cash flow and last cash flow, both initially exchangeable.
August 14 -
Wealthfront's digital-first home lending unit is now live in its largest client market, targeting rates 50 basis points below the national average
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