Anne-Drue M. Anderson and Eliot R. Cutler have been elected to the board of directors of Thornburg Mortgage Inc., Santa Fe, N.M.Ms. Anderson was most recently president of Neighborhood Housing Services of America, a nonprofit firm based in Oakland, Calif. She was previously executive vice president and director of residential lending for H.F. Ahmanson & Co. and Home Savings of America, Thornburg said. Mr. Cutler is an environmental lawyer and project development expert in the Washington office of Akin Gump Strauss Hauer & Feld LLP. Early in his career, he was associate director of the Office of Management and Budget under former President Jimmy Carter and the principal White House official in the areas of environment, energy, and natural resources, Thornburg said. Thornburg can be found online at http://www.thornburgmortgage.com.
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Mike Kortas is looking to keep loan officers in the loop through the entire mortgage loan customer lifecycle and beyond, with the launch of evoLend.
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Private residential construction spending rose 0.3% from April and 1.8% from a year ago to a seasonally adjusted annual rate of $930.2 billion in May.
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Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, and vulnerabilities through vendors.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
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